1-bed · 736 sqftIris Blue Tower, Dubai Marina · 19th floor · completed 2008

1903, Iris Blue Tower

Sold prices and rental history: sold twice, last in August 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1903 · DLD and Ejari recordsUpdated 15 November 2018
Last soldAED 1.28M2 August 2017
Current rentAED 85K /yr15 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1903, Iris Blue Tower

What is 1903 worth today?

Last sold for AED 1,275,000 in 2017

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15 Nov 2018RentedNew contract
AED 85,000/yr12 months · AED 115 per sqft
6 Sep 2017RentedNew contract
AED 100,000/yr12 months · AED 136 per sqft
2 Aug 2017SoldReady
AED 1,275,000AED 1,732 per sqft
12 May 2016RentedNew contract
AED 107,000/yr12 months · AED 145 per sqft
12 May 2015RentedNew contract
AED 107,000/yr12 months · AED 146 per sqft
19 Sep 2013Sold by developerReady
AED 1,017,105AED 1,381 per sqft

Source: Dubai Land Department. Updated 15 November 2018.

Key facts

Type
1-bed apartment
Size
736 sqft
Floor
19th of 28
Parking
P2-50
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 18,200 /yr
Last sold
AED 1.28M · August 2017

About 1903, Iris Blue Tower

1903 is a one-bedroom apartment of 736 sqft on the 19th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 2 August 2017 for AED 1,275,000, or AED 1,732 per sqft, 15% below the AED 2,027 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 15 November 2018, is AED 85,000 a year: a gross yield of 6.7% on the 2017 price, before the service charge of about AED 18,200 a year.

Sales and rents for 1903 over time

Sales
Unit 1903, each saleTypical one-bed in Iris Blue Tower
1M2M2011201520192023Typical sale price by year: 2011 AED 864,250; 2012 AED 955,500; 2013 AED 1,010,884; 2014 AED 979,063; 2016 AED 1,312,500; 2017 AED 1,450,000; 2018 AED 1,400,000; 2019 AED 1,000,000; 2021 AED 865,000; 2023 AED 1,220,000; 2024 AED 1,600,000; 2025 AED 2,000,000Sold by developer, September 2013: AED 1,017,105 (AED 1,381 per sqft)Sold, August 2017: AED 1,275,000 (AED 1,732 per sqft)

1903 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1903, each contractTypical one-bed in Iris Blue Tower
80K100K2013201720212025Typical rent by year: 2013 AED 85,000; 2014 AED 90,000; 2015 AED 105,000; 2016 AED 101,000; 2017 AED 100,000; 2018 AED 95,000; 2019 AED 80,000; 2020 AED 69,000; 2021 AED 70,000; 2022 AED 75,000; 2023 AED 81,697; 2024 AED 95,394; 2025 AED 102,400New contract, May 2015: AED 107,000 a yearNew contract, May 2016: AED 107,000 a yearNew contract, September 2017: AED 100,000 a yearNew contract, November 2018: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Iris Blue Tower, and where 1903 sits

All 47 1-beds →

1903 last sold in August 2017 at AED 1,732 per sqft, 15% below what one-beds in Iris Blue Tower were fetching at the time (AED 2,027). Over the last 12 months one-beds sold for AED 34,331, around AED 46 per sqft, and rent for AED 105,000 to 105,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Jan 202634,331
23 Jun 20251,900,000
11 Jun 20252,000,000
17 Mar 20252,000,000
1 1-bed sale in the last 12 months

Iris Blue Tower

Building

158 apartments, 1-bed to 3-bed over 28 floors in Dubai Marina, completed in 2008 by SHETH ESTATE (INTERNATIONAL). 4 sold in the last 12 months.

Typical price per sqft
AED 1,823
Typical sale
AED 2.5M
Typical rent
AED 170K /yr
Typical yield
6.8%
Iris Blue Tower, Dubai Marina: prices, sales and rents →

Other units on the 19th floor

All 158 units in Iris Blue Tower
Value
1901AED 2.95M · Oct 2025
19022-bedAED 2.58M · Mar 2016
19042-bedAED 1.87M · Jan 2012
19052-bedAED 2.2M · Dec 2012
19061-bedAED 1.35M · May 2022

1903, Iris Blue Tower in numbers

  • Sold twice: first on 19 September 2013 for AED 1,017,105, last on 2 August 2017 for AED 1,275,000 (AED 1,732 per sqft).
  • Rented since May 2015 on 4 Ejari contracts, from AED 107,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2017 price is 6.7%, before a service charge of about AED 18,200 a year (AED 24.76 per sqft).
  • One-beds in Iris Blue Tower sold for AED 34,331–34,331 in the 12 months to November 2026; the building's median across all types is AED 1,823 per sqft.

Source: Dubai Land Department. Updated 15 November 2018.

Questions about 1903, Iris Blue Tower

What did unit 1903 last sell for?

AED 1,275,000 on 2 August 2017: AED 1,732 per sqft for 736 sqft. The unit has 2 registered sales; the first was AED 1,017,105 in September 2013.

What is the rent for unit 1903?

AED 85,000 a year on the contract signed on 15 November 2018. The previous contract, from September 2017, was AED 100,000; the unit has been rented since May 2015.

How big is unit 1903?

736 sqft (68.4 sqm): a one-bedroom apartment on the 19th floor of a 28-storey tower completed in 2008.

What is unit 1903 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Iris Blue Tower sold for AED 34,331 to 34,331 in the last 12 months, around AED 46 per sqft.

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Mortgage on 1903, Iris Blue Tower

Starts from the last sale price (AED 1.28M, 2 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →