403, Iris Blue Tower
Sold prices and rental history: sold once, by the developer in January 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, Iris Blue Tower
What is 403 worth today?
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Source: Dubai Land Department. Updated 28 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 736 sqft
- Floor
- 4th of 28
- Parking
- P3-3
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.34M · January 2013
- Building
- Iris Blue Tower
About 403, Iris Blue Tower
403 is a one-bedroom apartment of 736 sqft on the 4th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). The developer sold it on 28 January 2013 for AED 1,335,725, or AED 1,814 per sqft, 38% above the AED 1,314 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 28 June 2025, is AED 95,000 a year: a gross yield of 7.1% on the 2013 price, before the service charge of about AED 18,200 a year.
Sales and rents for 403 over time
403 has sold once; 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 403 sits
All 47 1-beds →403 last sold in January 2013 at AED 1,814 per sqft, 38% above what one-beds in Iris Blue Tower were fetching at the time (AED 1,314). 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 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 | |
| 402 | 2-bed | 1,326 sqft | AED 1.6MAED 1,600,000 · Oct 2020October 2020 | 160,000 /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 |
403, Iris Blue Tower in numbers
- Sold once: by SHETH ESTATE (INTERNATIONAL) on 28 January 2013 for AED 1,335,725, or AED 1,814 per sqft.
- Rented since December 2014 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 75,000 in 2021 and recovered to AED 95,000 by June 2025.
- At AED 95,000 a year the gross yield on the 2013 price is 7.1%, 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 28 June 2025.
Questions about 403, Iris Blue Tower
What did unit 403 last sell for?
AED 1,335,725 on 28 January 2013, sold by the developer: AED 1,814 per sqft for 736 sqft. It is the only registered sale of the unit.
What is the rent for unit 403?
AED 95,000 a year on the contract renewed on 28 June 2025. The previous contract, from March 2023, was AED 100,000; the unit has been rented since December 2014.
How big is unit 403?
736 sqft (68.4 sqm): a one-bedroom apartment on the 4th floor of a 28-storey tower completed in 2008.
What is unit 403 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 403, Iris Blue Tower
Starts from the last sale price (AED 1.34M, 28 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,335,725
- Deposit, UAE resident (20%)
- AED 267,145
- Deposit, non-resident (40%)
- AED 534,290
- Monthly over 25 years at 3.7%
- AED 5,465
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →