206, Iris Blue Tower
Sold prices and rental history: sold 3 times, last in February 2018, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 206, Iris Blue Tower
What is 206 worth today?
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Source: Dubai Land Department. Updated 1 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 736 sqft
- Floor
- 2nd of 28
- Parking
- P1-5
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.4M · February 2018
- Building
- Iris Blue Tower
About 206, Iris Blue Tower
206 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 4 February 2018 for AED 1,400,000, or AED 1,902 per sqft, 3% below the AED 1,970 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 1 February 2024, is AED 60,000 a year: a gross yield of 4.3% on the 2018 price, before the service charge of about AED 18,200 a year.
Sales and rents for 206 over time
206 has sold 3 times; 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 206 sits
All 47 1-beds →206 last sold in February 2018 at AED 1,902 per sqft, 3% below what one-beds in Iris Blue Tower were fetching at the time (AED 1,970). 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 | |
| 203 | 1-bed | 736 sqft | AED 1.25MAED 1,250,000 · Mar 2024March 2024 | 110,000 /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, Iris Blue Tower in numbers
- Sold 3 times: first on 21 March 2012 for AED 745,500, last on 4 February 2018 for AED 1,400,000 (AED 1,902 per sqft).
- Rented since October 2016 on 6 Ejari contracts, from AED 90,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2018 price is 4.3%, 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 1 February 2024.
Questions about 206, Iris Blue Tower
What did unit 206 last sell for?
AED 1,400,000 on 4 February 2018: AED 1,902 per sqft for 736 sqft. The unit has 3 registered sales; the first was AED 745,500 in March 2012.
What is the rent for unit 206?
AED 60,000 a year on the contract signed on 1 February 2024. The previous contract, from May 2021, was AED 65,000; the unit has been rented since October 2016.
How big is unit 206?
736 sqft (68.4 sqm): a one-bedroom apartment on the 2nd floor of a 28-storey tower completed in 2008.
What is unit 206 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 206, Iris Blue Tower
Starts from the last sale price (AED 1.4M, 4 February 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →