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2-bed · 1,326 sqftIris Blue Tower, Dubai Marina · 2nd floor · completed 2008

202, Iris Blue Tower

Sold prices and rental history: sold twice, last in May 2022, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 30 May 2022
Last soldAED 2.05M30 May 2022
Current rentAED 107K /yr27 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 202, Iris Blue Tower

What is 202 worth today?

Last sold for AED 2,050,000 in 2022

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30 May 2022SoldReady
AED 2,050,000AED 1,546 per sqft
27 Sep 2020RentedNew contract
AED 107,000/yr12 months · AED 81 per sqft
27 Sep 2016RentedNew contract
AED 160,000/yr12 months · AED 121 per sqft
20 Mar 2014Sold by developerReady
AED 1,849,395AED 1,395 per sqft

Source: Dubai Land Department. Updated 30 May 2022.

Key facts

Type
2-bed apartment
Size
1,326 sqft
Floor
2nd of 28
Parking
P2-32,33
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 32,800 /yr
Last sold
AED 2.05M · May 2022
Building
Iris Blue Tower

About 202, Iris Blue Tower

202 is a two-bedroom apartment of 1,326 sqft on the 2nd floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 30 May 2022 for AED 2,050,000, or AED 1,546 per sqft, 13% above the AED 1,374 two-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 27 September 2020, is AED 107,000 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 32,800 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical two-bed in Iris Blue Tower
2M2.5M2011201520192023Typical sale price by year: 2011 AED 1,835,000; 2012 AED 1,873,417; 2013 AED 1,844,634; 2014 AED 2,293,585; 2015 AED 1,868,317; 2016 AED 2,450,000; 2017 AED 2,300,000; 2018 AED 1,996,000; 2019 AED 1,725,000; 2022 AED 2,089,500; 2023 AED 2,100,000; 2024 AED 2,530,000; 2025 AED 2,650,000Sold by developer, March 2014: AED 1,849,395 (AED 1,395 per sqft)Sold, May 2022: AED 2,050,000 (AED 1,546 per sqft)

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

Rents
Unit 202, each contractTypical two-bed in Iris Blue Tower
100K150K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 150,000; 2014 AED 160,000; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 155,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 107,500; 2021 AED 105,000; 2022 AED 120,000; 2023 AED 140,000; 2024 AED 160,000; 2025 AED 151,630; 2026 AED 165,000New contract, September 2016: AED 160,000 a yearNew contract, September 2020: AED 107,000 a year

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 202 sits

All 86 2-beds →

202 last sold in May 2022 at AED 1,546 per sqft, 13% above what two-beds in Iris Blue Tower were fetching at the time (AED 1,374). 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. 202's AED 107,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Jan 2026137,981
5 Jan 202691,762
17 Dec 20252,500,000
23 Jul 20252,850,000
3 2-bed sales 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 2nd floor

All 158 units in Iris Blue Tower
Value
2012-bedAED 2.7M · Oct 2024
2031-bedAED 1.25M · Mar 2024
2042-bedAED 1.85M · Aug 2023
2052-bedAED 2.45M · Jun 2023
2061-bedAED 1.4M · Feb 2018

202, Iris Blue Tower in numbers

  • Sold twice: first on 20 March 2014 for AED 1,849,395, last on 30 May 2022 for AED 2,050,000 (AED 1,546 per sqft).
  • Rented since September 2016 on 2 Ejari contracts, from AED 160,000 to AED 107,000 a year.
  • At AED 107,000 a year the gross yield on the 2022 price is 5.2%, before a service charge of about AED 32,800 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 30 May 2022.

Questions about 202, Iris Blue Tower

What did unit 202 last sell for?

AED 2,050,000 on 30 May 2022: AED 1,546 per sqft for 1,326 sqft. The unit has 2 registered sales; the first was AED 1,849,395 in March 2014.

What is the rent for unit 202?

AED 107,000 a year on the contract signed on 27 September 2020. The previous contract, from September 2016, was AED 160,000.

How big is unit 202?

1,326 sqft (123.2 sqm): a two-bedroom apartment on the 2nd floor of a 28-storey tower completed in 2008.

What is unit 202 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 202, Iris Blue Tower

Starts from the last sale price (AED 2.05M, 30 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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