203, Iris Blue Tower
Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, Iris Blue Tower
What is 203 worth today?
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Source: Dubai Land Department. Updated 24 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 736 sqft
- Floor
- 2nd of 28
- Parking
- P1-3
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.25M · March 2024
- Building
- Iris Blue Tower
About 203, Iris Blue Tower
203 is a one-bedroom apartment of 736 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 28 March 2024 for AED 1,250,000, or AED 1,698 per sqft, in line with the AED 1,698 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 24 July 2025, is AED 110,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 18,200 a year.
Sales and rents for 203 over time
203 has sold twice; the dashed line is the one-bed median of each year in the building.
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 203 sits
All 47 1-beds →203 last sold in March 2024 at AED 1,698 per sqft, in line with what one-beds in Iris Blue Tower were fetching at the time (AED 1,698). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jan 202614 January 2026 | 736 sqft | 34,331 | 46 | ||
| 23 Jun 202523 June 2025 | 736 sqft | 1,900,000 | 2,581 | ||
| 11 Jun 202511 June 2025 | 667 sqft | 2,000,000 | 3,000 | ||
| 17 Mar 202517 March 2025 | 736 sqft | 2,000,000 | 2,717 |
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 2nd floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,326 sqft | AED 2.7MAED 2,700,000 · Oct 2024October 2024 | 125,000 /yr | |
| 202 | 2-bed | 1,326 sqft | AED 2.05MAED 2,050,000 · May 2022May 2022 | 107,000 /yr | |
| 204 | 2-bed | 1,371 sqft | AED 1.85MAED 1,850,000 · Aug 2023August 2023 | 145,000 /yr | |
| 205 | 2-bed | 1,371 sqft | AED 2.45MAED 2,450,000 · Jun 2023June 2023 | 235,000 /yr | |
| 206 | 1-bed | 736 sqft | AED 1.4MAED 1,400,000 · Feb 2018February 2018 | 60,000 /yr |
203, Iris Blue Tower in numbers
- Sold twice: first on 19 September 2013 for AED 690,400, last on 28 March 2024 for AED 1,250,000 (AED 1,698 per sqft).
- Rented since November 2015 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 75,000 in 2021 and recovered to AED 110,000 by July 2025.
- At AED 110,000 a year the gross yield on the 2024 price is 8.8%, 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 24 July 2025.
Questions about 203, Iris Blue Tower
What did unit 203 last sell for?
AED 1,250,000 on 28 March 2024: AED 1,698 per sqft for 736 sqft. The unit has 2 registered sales; the first was AED 690,400 in September 2013.
What is the rent for unit 203?
AED 110,000 a year on the contract renewed on 24 July 2025. The previous contract, from July 2024, was AED 110,000; the unit has been rented since November 2015.
How big is unit 203?
736 sqft (68.4 sqm): a one-bedroom apartment on the 2nd floor of a 28-storey tower completed in 2008.
What is unit 203 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 203, Iris Blue Tower
Starts from the last sale price (AED 1.25M, 28 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →