402, Iris Blue Tower
Sold prices and rental history: sold twice, last in October 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Iris Blue Tower
What is 402 worth today?
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Source: Dubai Land Department. Updated 2 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,326 sqft
- Floor
- 4th of 28
- Parking
- P2-42,43
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 32,800 /yr
- Last sold
- AED 1.6M · October 2020
- Building
- Iris Blue Tower
About 402, Iris Blue Tower
402 is a two-bedroom apartment of 1,326 sqft on the 4th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 28 October 2020 for AED 1,600,000, or AED 1,207 per sqft.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 2 January 2026, is AED 160,000 a year: a gross yield of 10.0% on the 2020 price, before the service charge of about AED 32,800 a year.
Sales and rents for 402 over time
402 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 402 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. 402's AED 160,000 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 4th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,326 sqft | AED 1.85MAED 1,848,077 · May 2014May 2014 | 170,000 /yr | |
| 403 | 1-bed | 736 sqft | AED 1.34MAED 1,335,725 · Jan 2013January 2013 | 95,000 /yr | |
| 404 | 2-bed | 1,371 sqft | AED 2.33MAED 2,325,000 · Jun 2025June 2025 | 150,000 /yr | |
| 405 | 2-bed | 1,371 sqft | AED 2.2MAED 2,198,920 · Aug 2014August 2014 | ||
| 406 | 1-bed | 736 sqft | AED 1MAED 1,004,663 · Feb 2012February 2012 | 40,000 /yr |
402, Iris Blue Tower in numbers
- Sold twice: first on 12 May 2014 for AED 1,809,395, last on 28 October 2020 for AED 1,600,000 (AED 1,207 per sqft).
- Rented since March 2015 on 5 Ejari contracts. The rent fell from AED 165,000 to AED 116,600 in 2025 and recovered to AED 160,000 by January 2026.
- At AED 160,000 a year the gross yield on the 2020 price is 10.0%, 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 2 January 2026.
Questions about 402, Iris Blue Tower
What did unit 402 last sell for?
AED 1,600,000 on 28 October 2020: AED 1,207 per sqft for 1,326 sqft. The unit has 2 registered sales; the first was AED 1,809,395 in May 2014.
What is the rent for unit 402?
AED 160,000 a year on the contract signed on 2 January 2026. The previous contract, from May 2025, was AED 116,600; the unit has been rented since March 2015.
How big is unit 402?
1,326 sqft (123.2 sqm): a two-bedroom apartment on the 4th floor of a 28-storey tower completed in 2008.
What is unit 402 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 402, Iris Blue Tower
Starts from the last sale price (AED 1.6M, 28 October 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →