2005, Iris Blue Tower
Sold prices and rental history: sold twice, last in July 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2005, Iris Blue Tower
What is 2005 worth today?
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Source: Dubai Land Department. Updated 19 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,371 sqft
- Floor
- 20th of 28
- Parking
- P3-37
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 34,000 /yr
- Last sold
- AED 2.35M · July 2017
- Building
- Iris Blue Tower
About 2005, Iris Blue Tower
2005 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). It last sold on 5 July 2017 for AED 2,350,000, or AED 1,713 per sqft, in line with the AED 1,713 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 19 February 2025, is AED 150,000 a year: a gross yield of 6.4% on the 2017 price, before the service charge of about AED 34,000 a year.
Sales and rents for 2005 over time
2005 has sold twice; 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 2005 sits
All 86 2-beds →2005 last sold in July 2017 at AED 1,713 per sqft, in line with what two-beds in Iris Blue Tower were fetching at the time (AED 1,713). 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. 2005's AED 150,000 is in the lower half 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 | |
| 2004 | 2-bed | 1,371 sqft | AED 1.53MAED 1,531,400 · May 2013May 2013 | 125,000 /yr | |
| 2006 | 1-bed | 736 sqft | AED 1.45MAED 1,450,000 · Jan 2018January 2018 | 110,000 /yr |
2005, Iris Blue Tower in numbers
- Sold twice: first on 10 February 2013 for AED 2,372,093, last on 5 July 2017 for AED 2,350,000 (AED 1,713 per sqft).
- Rented since July 2021 on 5 Ejari contracts, from AED 110,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2017 price is 6.4%, 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 19 February 2025.
Questions about 2005, Iris Blue Tower
What did unit 2005 last sell for?
AED 2,350,000 on 5 July 2017: AED 1,713 per sqft for 1,371 sqft. The unit has 2 registered sales; the first was AED 2,372,093 in February 2013.
What is the rent for unit 2005?
AED 150,000 a year on the contract signed on 19 February 2025. The previous contract, from December 2023, was AED 165,000; the unit has been rented since July 2021.
How big is unit 2005?
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 2005 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 2005, Iris Blue Tower
Starts from the last sale price (AED 2.35M, 5 July 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,350,000
- Deposit, UAE resident (20%)
- AED 470,000
- Deposit, non-resident (40%)
- AED 940,000
- Monthly over 25 years at 3.7%
- AED 9,615
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →