1-bed · 736 sqftIris Blue Tower, Dubai Marina · 3rd floor · completed 2008

303, Iris Blue Tower

Sold prices and rental history: sold once, by the developer in July 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 23 January 2025
Last soldAED 1M20 July 2014
Current rentAED 90K /yr23 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Iris Blue Tower

What is 303 worth today?

Last sold for AED 1,003,925 in 2014

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23 Jan 2025RentedRenewal
AED 90,200/yr12 months · AED 123 per sqft
23 Jan 2024RentedRenewal
AED 82,000/yr12 months · AED 112 per sqft
23 Jan 2024RentedRenewal
AED 82,000/yr12 months · AED 112 per sqft
23 Jan 2023RentedRenewal
AED 79,000/yr12 months · AED 108 per sqft
23 Jan 2022RentedRenewal
AED 68,000/yr12 months · AED 93 per sqft
23 Jan 2021RentedRenewal
AED 68,000/yr12 months · AED 93 per sqft
27 Nov 2017RentedNew contract
AED 82,000/yr12 months · AED 112 per sqft
20 Jul 2014Sold by developerReady
AED 1,003,925AED 1,363 per sqft

Source: Dubai Land Department. Updated 23 January 2025.

Key facts

Type
1-bed apartment
Size
736 sqft
Floor
3rd of 28
Parking
P2-4, P3-2
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 18,200 /yr
Last sold
AED 1M · July 2014

About 303, Iris Blue Tower

303 is a one-bedroom apartment of 736 sqft on the 3rd floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). The developer sold it on 20 July 2014 for AED 1,003,925, or AED 1,363 per sqft, in line with the AED 1,348 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 23 January 2025, is AED 90,200 a year: a gross yield of 9.0% on the 2014 price, before the service charge of about AED 18,200 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical one-bed in Iris Blue Tower
1M2M2011201520192023Typical sale price by year: 2011 AED 864,250; 2012 AED 955,500; 2013 AED 1,010,884; 2014 AED 979,063; 2016 AED 1,312,500; 2017 AED 1,450,000; 2018 AED 1,400,000; 2019 AED 1,000,000; 2021 AED 865,000; 2023 AED 1,220,000; 2024 AED 1,600,000; 2025 AED 2,000,000Sold by developer, July 2014: AED 1,003,925 (AED 1,363 per sqft)

303 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 303, each contractTypical one-bed in Iris Blue Tower
50K75K100K2013201720212025Typical rent by year: 2013 AED 85,000; 2014 AED 90,000; 2015 AED 105,000; 2016 AED 101,000; 2017 AED 100,000; 2018 AED 95,000; 2019 AED 80,000; 2020 AED 69,000; 2021 AED 70,000; 2022 AED 75,000; 2023 AED 81,697; 2024 AED 95,394; 2025 AED 102,400New contract, November 2013: AED 50,135 a yearNew contract, November 2017: AED 82,000 a yearRenewal, January 2021: AED 68,000 a yearRenewal, January 2022: AED 68,000 a yearRenewal, January 2023: AED 79,000 a yearRenewal, January 2024: AED 82,000 a yearRenewal, January 2024: AED 82,000 a yearRenewal, January 2025: AED 90,200 a year

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 303 sits

All 47 1-beds →

303 last sold in July 2014 at AED 1,363 per sqft, in line with what one-beds in Iris Blue Tower were fetching at the time (AED 1,348). 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 salesUnit no.Price (AED)Summary
14 Jan 202634,331
23 Jun 20251,900,000
11 Jun 20252,000,000
17 Mar 20252,000,000
1 1-bed sale in the last 12 months

Iris Blue Tower

Building

158 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%
Iris Blue Tower, Dubai Marina: prices, sales and rents →

Other units on the 3rd floor

All 158 units in Iris Blue Tower
Value
3012-bedAED 1.6M · May 2014
3022-bedAED 1.02M · Mar 2025
304AED 2.95M · Oct 2025
3052-bedAED 2M · Feb 2013
3061-bedAED 813K · May 2014

303, Iris Blue Tower in numbers

  • Sold once: by SHETH ESTATE (INTERNATIONAL) on 20 July 2014 for AED 1,003,925, or AED 1,363 per sqft.
  • Rented since November 2013 on 8 Ejari contracts, from AED 50,135 to AED 90,200 a year.
  • At AED 90,200 a year the gross yield on the 2014 price is 9.0%, 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 23 January 2025.

Questions about 303, Iris Blue Tower

What did unit 303 last sell for?

AED 1,003,925 on 20 July 2014, sold by the developer: AED 1,363 per sqft for 736 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 90,200 a year on the contract renewed on 23 January 2025. The previous contract, from January 2024, was AED 82,000; the unit has been rented since November 2013.

How big is unit 303?

736 sqft (68.4 sqm): a one-bedroom apartment on the 3rd floor of a 28-storey tower completed in 2008.

What is unit 303 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 303, Iris Blue Tower

Starts from the last sale price (AED 1M, 20 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,003,925
Deposit, UAE resident (20%)
AED 200,785
Deposit, non-resident (40%)
AED 401,570
Monthly over 25 years at 3.7%
AED 4,107

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →