1-bed · 736 sqftIris Blue Tower, Dubai Marina · 5th floor · completed 2008

503, Iris Blue Tower

Sold prices and rental history: sold twice, last in December 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 25 December 2013
Last soldAED 1.23M25 December 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Iris Blue Tower

What is 503 worth today?

Last sold for AED 1,225,000 in 2013

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25 Dec 2013SoldReady
AED 1,225,000AED 1,664 per sqft
29 Apr 2013Sold by developerReady
AED 1,128,350AED 1,533 per sqft

Source: Dubai Land Department. Updated 25 December 2013.

Key facts

Type
1-bed apartment
Size
736 sqft
Floor
5th of 28
Parking
P2-65
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 18,200 /yr
Last sold
AED 1.23M · December 2013

About 503, Iris Blue Tower

503 is a one-bedroom apartment of 736 sqft on the 5th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 25 December 2013 for AED 1,225,000, or AED 1,664 per sqft, 21% above the AED 1,373 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, 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, April 2013: AED 1,128,350 (AED 1,533 per sqft)Sold, December 2013: AED 1,225,000 (AED 1,664 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in Iris Blue Tower
80K100K2013201720212025Typical 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 102,400

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 503 sits

All 47 1-beds →

503 last sold in December 2013 at AED 1,664 per sqft, 21% above what one-beds in Iris Blue Tower were fetching at the time (AED 1,373). 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 5th floor

All 158 units in Iris Blue Tower
Value
5012-bedAED 2.38M · Mar 2017
5022-bedAED 2.5M · Oct 2013
5042-bedAED 2.3M · Dec 2022
5052-bedAED 2.5M · Dec 2025
5061-bedAED 1.9M · Jun 2025

503, Iris Blue Tower in numbers

  • Sold twice: first on 29 April 2013 for AED 1,128,350, last on 25 December 2013 for AED 1,225,000 (AED 1,664 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 25 December 2013.

Questions about 503, Iris Blue Tower

What did unit 503 last sell for?

AED 1,225,000 on 25 December 2013: AED 1,664 per sqft for 736 sqft. The unit has 2 registered sales; the first was AED 1,128,350 in April 2013.

How big is unit 503?

736 sqft (68.4 sqm): a one-bedroom apartment on the 5th floor of a 28-storey tower completed in 2008.

What is unit 503 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 503, Iris Blue Tower

Starts from the last sale price (AED 1.23M, 25 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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