2602, Iris Blue Tower
Sold prices and rental history: sold twice, last in May 2015, 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 2602, Iris Blue Tower
What is 2602 worth today?
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Source: Dubai Land Department. Updated 18 June 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,702 sqft
- Floor
- 26th of 28
- Parking
- P2-59
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 42,100 /yr
- Last sold
- AED 1.68M · May 2015
- Building
- Iris Blue Tower
About 2602, Iris Blue Tower
2602 is a three-bedroom apartment of 1,702 sqft on the 26th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 21 May 2015 for AED 1,675,000, or AED 984 per sqft, 41% below the AED 1,673 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 18 June 2025, is AED 159,600 a year: a gross yield of 9.5% on the 2015 price, before the service charge of about AED 42,100 a year.
Sales and rents for 2602 over time
2602 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Iris Blue Tower, and where 2602 sits
All 15 3-beds →2602 last sold in May 2015 at AED 984 per sqft, 41% below what three-beds in Iris Blue Tower were fetching at the time (AED 1,673).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Sep 202416 September 2024 | 1,702 sqft | 3,200,000 | 1,880 | ||
| 25 Jan 202425 January 2024 | 1,702 sqft | 2,900,000 | 1,703 | ||
| 10 Jan 202410 January 2024 | 1,702 sqft | 2,720,000 | 1,598 | ||
| 4 May 20234 May 2023 | 1,702 sqft | 2,950,000 | 1,733 |
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 26th floor
All 158 units in Iris Blue Tower2602, Iris Blue Tower in numbers
- Sold twice: first on 29 April 2013 for AED 2,711,795, last on 21 May 2015 for AED 1,675,000 (AED 984 per sqft).
- Rented since November 2013 on 11 Ejari contracts. The rent fell from AED 157,500 to AED 115,000 in 2021 and recovered to AED 159,600 by June 2025.
- At AED 159,600 a year the gross yield on the 2015 price is 9.5%, before a service charge of about AED 42,100 a year (AED 24.76 per sqft).
Source: Dubai Land Department. Updated 18 June 2025.
Questions about 2602, Iris Blue Tower
What did unit 2602 last sell for?
AED 1,675,000 on 21 May 2015: AED 984 per sqft for 1,702 sqft. The unit has 2 registered sales; the first was AED 2,711,795 in April 2013.
What is the rent for unit 2602?
AED 159,600 a year on the contract renewed on 18 June 2025. The previous contract, from June 2024, was AED 152,000; the unit has been rented since November 2013.
How big is unit 2602?
1,702 sqft (158.1 sqm): a three-bedroom apartment on the 26th floor of a 28-storey tower completed in 2008.
What is unit 2602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 2602, Iris Blue Tower
Starts from the last sale price (AED 1.68M, 21 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,675,000
- Deposit, UAE resident (20%)
- AED 335,000
- Deposit, non-resident (40%)
- AED 670,000
- Monthly over 25 years at 3.7%
- AED 6,853
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →