2301, Iris Blue Tower
Sold prices and rental history: sold 4 times, last in April 2022, 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 2301, Iris Blue Tower
What is 2301 worth today?
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Source: Dubai Land Department. Updated 1 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,326 sqft
- Floor
- 23rd of 28
- Parking
- P2-36,37
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 32,800 /yr
- Last sold
- AED 2M · April 2022
- Building
- Iris Blue Tower
About 2301, Iris Blue Tower
2301 is a two-bedroom apartment of 1,326 sqft on the 23rd floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 29 April 2022 for AED 2,000,000, or AED 1,508 per sqft.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 June 2024, is AED 190,000 a year: a gross yield of 9.5% on the 2022 price, before the service charge of about AED 32,800 a year.
Sales and rents for 2301 over time
2301 has sold 4 times; 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 2301 sits
All 86 2-beds →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. 2301's AED 190,000 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 23rd floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2302 | 2-bed | 1,326 sqft | AED 1.92MAED 1,922,233 · Aug 2012August 2012 | 161,936 /yr | |
| 2303 | 1-bed | 736 sqft | AED 1.65MAED 1,650,000 · Mar 2014March 2014 | 75,000 /yr | |
| 2304 | 2-bed | 1,371 sqft | AED 2.85MAED 2,850,000 · Jul 2025July 2025 | 130,607 /yr | |
| 2305 | 2-bed | 1,371 sqft | AED 2.35MAED 2,350,000 · Feb 2017February 2017 | 158,000 /yr | |
| 2306 | 1-bed | 736 sqft | AED 2MAED 2,000,000 · Mar 2025March 2025 | 90,000 /yr |
2301, Iris Blue Tower in numbers
- Sold 4 times: first on 13 April 2011 for AED 2,315,848, last on 29 April 2022 for AED 2,000,000 (AED 1,508 per sqft).
- Rented since December 2013 on 9 Ejari contracts. The rent fell from AED 135,000 to AED 28,026 in 2014 and recovered to AED 190,000 by June 2024.
- At AED 190,000 a year the gross yield on the 2022 price is 9.5%, 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 1 June 2024.
Questions about 2301, Iris Blue Tower
What did unit 2301 last sell for?
AED 2,000,000 on 29 April 2022: AED 1,508 per sqft for 1,326 sqft. The unit has 4 registered sales; the first was AED 2,315,848 in April 2011.
What is the rent for unit 2301?
AED 190,000 a year on the contract signed on 1 June 2024. The previous contract, from January 2019, was AED 140,000; the unit has been rented since December 2013.
How big is unit 2301?
1,326 sqft (123.2 sqm): a two-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2008.
What is unit 2301 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 2301, Iris Blue Tower
Starts from the last sale price (AED 2M, 29 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →