2004, Iris Blue Tower
Sold prices and rental history: sold once, by the developer in May 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2004, Iris Blue Tower
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Source: Dubai Land Department. Updated 29 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,371 sqft
- Floor
- 20th of 28
- Parking
- P1-58
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 34,000 /yr
- Last sold
- AED 1.53M · May 2013
- Building
- Iris Blue Tower
About 2004, Iris Blue Tower
2004 is a two-bedroom apartment of 1,371 sqft on the 20th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). The developer sold it on 26 May 2013 for AED 1,531,400, or AED 1,116 per sqft, 22% below the AED 1,422 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 29 October 2023, is AED 125,000 a year: a gross yield of 8.2% on the 2013 price, before the service charge of about AED 34,000 a year.
Sales and rents for 2004 over time
2004 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Iris Blue Tower, and where 2004 sits
All 86 2-beds →2004 last sold in May 2013 at AED 1,116 per sqft, 22% below what two-beds in Iris Blue Tower were fetching at the time (AED 1,422). Over the last 12 months two-beds sold for AED 2,500,000, around AED 1,823 per sqft, and rent for AED 148,000 to 235,000 a year. 2004's AED 125,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jan 20267 January 2026 | 1,371 sqft | 137,981 | 100 | ||
| 5 Jan 20265 January 2026 | 1,326 sqft | 91,762 | 69 | ||
| 17 Dec 202517 December 2025 | 1,371 sqft | 2,500,000 | 1,823 | ||
| 23 Jul 202523 July 2025 | 1,371 sqft | 2,850,000 | 2,078 |
Iris Blue Tower
Building158 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%
Other units on the 20th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,326 sqft | AED 1.54MAED 1,535,100 · Jun 2014June 2014 | 126,000 /yr | |
| 2002 | 2-bed | 1,326 sqft | AED 2.8MAED 2,800,000 · Jul 2025July 2025 | 168,890 /yr | |
| 2003 | 1-bed | 736 sqft | AED 1.2MAED 1,200,000 · Jan 2023January 2023 | 57,000 /yr | |
| 2005 | 2-bed | 1,371 sqft | AED 2.35MAED 2,350,000 · Jul 2017July 2017 | 150,000 /yr | |
| 2006 | 1-bed | 736 sqft | AED 1.45MAED 1,450,000 · Jan 2018January 2018 | 110,000 /yr |
2004, Iris Blue Tower in numbers
- Sold once: by SHETH ESTATE (INTERNATIONAL) on 26 May 2013 for AED 1,531,400, or AED 1,116 per sqft.
- Rented since July 2013 on 11 Ejari contracts. The rent fell from AED 135,000 to AED 95,000 in 2021 and recovered to AED 125,000 by October 2023.
- At AED 125,000 a year the gross yield on the 2013 price is 8.2%, before a service charge of about AED 34,000 a year (AED 24.76 per sqft).
- Two-beds in Iris Blue Tower sold for AED 2,500,000–2,500,000 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 29 October 2023.
Questions about 2004, Iris Blue Tower
What did unit 2004 last sell for?
AED 1,531,400 on 26 May 2013, sold by the developer: AED 1,116 per sqft for 1,371 sqft. It is the only registered sale of the unit.
What is the rent for unit 2004?
AED 125,000 a year on the contract renewed on 29 October 2023. The previous contract, from October 2022, was AED 122,047; the unit has been rented since July 2013.
How big is unit 2004?
1,371 sqft (127.4 sqm): a two-bedroom apartment on the 20th floor of a 28-storey tower completed in 2008.
What is unit 2004 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Iris Blue Tower sold for AED 2,500,000 to 2,500,000 in the last 12 months, around AED 1,823 per sqft.
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Mortgage on 2004, Iris Blue Tower
Starts from the last sale price (AED 1.53M, 26 May 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,531,400
- Deposit, UAE resident (20%)
- AED 306,280
- Deposit, non-resident (40%)
- AED 612,560
- Monthly over 25 years at 3.7%
- AED 6,265
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →