2406, Iris Blue Tower
Sold prices and rental history: sold twice, last in November 2017, 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 2406, Iris Blue Tower
What is 2406 worth today?
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Source: Dubai Land Department. Updated 11 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 736 sqft
- Floor
- 24th of 28
- Parking
- P3-54
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.45M · November 2017
- Building
- Iris Blue Tower
About 2406, Iris Blue Tower
2406 is a one-bedroom apartment of 736 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 7 November 2017 for AED 1,450,000, or AED 1,970 per sqft, in line with the AED 1,936 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 11 June 2025, is AED 83,000 a year: a gross yield of 5.7% on the 2017 price, before the service charge of about AED 18,200 a year.
Sales and rents for 2406 over time
2406 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 2406 sits
All 47 1-beds →2406 last sold in November 2017 at AED 1,970 per sqft, in line with what one-beds in Iris Blue Tower were fetching at the time (AED 1,936). 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 24th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,326 sqft | AED 1.73MAED 1,725,000 · Feb 2012February 2012 | 170,000 /yr | |
| 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, Iris Blue Tower in numbers
- Sold twice: first on 2 May 2017 for AED 1,584,575, last on 7 November 2017 for AED 1,450,000 (AED 1,970 per sqft).
- Rented since February 2013 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 65,000 in 2021 and recovered to AED 83,000 by June 2025.
- At AED 83,000 a year the gross yield on the 2017 price is 5.7%, 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 11 June 2025.
Questions about 2406, Iris Blue Tower
What did unit 2406 last sell for?
AED 1,450,000 on 7 November 2017: AED 1,970 per sqft for 736 sqft. The unit has 2 registered sales; the first was AED 1,584,575 in May 2017.
What is the rent for unit 2406?
AED 83,000 a year on the contract renewed on 11 June 2025. The previous contract, from June 2024, was AED 80,000; the unit has been rented since February 2013.
How big is unit 2406?
736 sqft (68.4 sqm): a one-bedroom apartment on the 24th floor of a 28-storey tower completed in 2008.
What is unit 2406 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 2406, Iris Blue Tower
Starts from the last sale price (AED 1.45M, 7 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →