2401, Iris Blue Tower
Sold prices and rental history: sold twice, last in February 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2401, Iris Blue Tower
What is 2401 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,326 sqft
- Floor
- 24th of 28
- Parking
- P3-50
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 32,800 /yr
- Last sold
- AED 1.73M · February 2012
- Building
- Iris Blue Tower
About 2401, Iris Blue Tower
2401 is a two-bedroom apartment of 1,326 sqft on the 24th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 6 February 2012 for AED 1,725,000, or AED 1,301 per sqft, 4% below the AED 1,354 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 170,000 a year: a gross yield of 9.9% on the 2012 price, before the service charge of about AED 32,800 a year.
Sales and rents for 2401 over time
2401 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 2401 sits
All 86 2-beds →2401 last sold in February 2012 at AED 1,301 per sqft, 4% below what two-beds in Iris Blue Tower were fetching at the time (AED 1,354). 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. 2401's AED 170,000 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 24th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2402 | 2-bed | 1,326 sqft | AED 92KAED 91,762 · Jan 2026January 2026 | 109,909 /yr | |
| 2403 | 736 sqft | AED 1.26MAED 1,260,000 · Mar 2017March 2017 | 95,000 /yr | ||
| 2404 | 2-bed | 1,371 sqft | AED 2.93MAED 2,930,969 · Jun 2011June 2011 | 151,630 /yr | |
| 2405 | 2-bed | 686 sqft | AED 2.93MAED 2,930,969 · May 2017May 2017 | 100,000 /yr | |
| 2406 | 1-bed | 736 sqft | AED 1.45MAED 1,450,000 · Nov 2017November 2017 | 83,000 /yr |
2401, Iris Blue Tower in numbers
- Sold twice: first on 5 February 2012 for AED 2,881,559, last on 6 February 2012 for AED 1,725,000 (AED 1,301 per sqft).
- Rented since March 2012 on 11 Ejari contracts. The rent fell from AED 145,000 to AED 97,000 in 2021 and recovered to AED 170,000 by October 2024.
- At AED 170,000 a year the gross yield on the 2012 price is 9.9%, 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 October 2024.
Questions about 2401, Iris Blue Tower
What did unit 2401 last sell for?
AED 1,725,000 on 6 February 2012: AED 1,301 per sqft for 1,326 sqft. The unit has 2 registered sales; the first was AED 2,881,559 in February 2012.
What is the rent for unit 2401?
AED 170,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 168,000; the unit has been rented since March 2012.
How big is unit 2401?
1,326 sqft (123.2 sqm): a two-bedroom apartment on the 24th floor of a 28-storey tower completed in 2008.
What is unit 2401 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 2401, Iris Blue Tower
Starts from the last sale price (AED 1.73M, 6 February 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,725,000
- Deposit, UAE resident (20%)
- AED 345,000
- Deposit, non-resident (40%)
- AED 690,000
- Monthly over 25 years at 3.7%
- AED 7,058
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →