504, Iris Blue Tower
Sold prices and rental history: sold 4 times, last in December 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Iris Blue Tower
What is 504 worth today?
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Source: Dubai Land Department. Updated 20 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,371 sqft
- Floor
- 5th of 28
- Parking
- P2-63
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 34,000 /yr
- Last sold
- AED 2.3M · December 2022
- Building
- Iris Blue Tower
About 504, Iris Blue Tower
504 is a two-bedroom apartment of 1,371 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 15 December 2022 for AED 2,300,000, or AED 1,677 per sqft, 7% above the AED 1,565 two-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 20 January 2026, is AED 170,000 a year: a gross yield of 7.4% on the 2022 price, before the service charge of about AED 34,000 a year.
Sales and rents for 504 over time
504 has sold 4 times; 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 504 sits
All 86 2-beds →504 last sold in December 2022 at AED 1,677 per sqft, 7% above what two-beds in Iris Blue Tower were fetching at the time (AED 1,565). 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. 504's AED 170,000 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 5th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,326 sqft | AED 2.38MAED 2,375,000 · Mar 2017March 2017 | 180,000 /yr | |
| 502 | 2-bed | 1,326 sqft | AED 2.5MAED 2,500,000 · Oct 2013October 2013 | ||
| 503 | 1-bed | 736 sqft | AED 1.23MAED 1,225,000 · Dec 2013December 2013 | ||
| 505 | 2-bed | 1,371 sqft | AED 2.5MAED 2,500,000 · Dec 2025December 2025 | 125,000 /yr | |
| 506 | 1-bed | 736 sqft | AED 1.9MAED 1,900,000 · Jun 2025June 2025 | 81,697 /yr |
504, Iris Blue Tower in numbers
- Sold 4 times: first on 10 February 2013 for AED 2,002,132, last on 15 December 2022 for AED 2,300,000 (AED 1,677 per sqft).
- Rented since February 2023 on 2 Ejari contracts, from AED 160,000 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2022 price is 7.4%, before a service charge of about AED 34,000 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 20 January 2026.
Questions about 504, Iris Blue Tower
What did unit 504 last sell for?
AED 2,300,000 on 15 December 2022: AED 1,677 per sqft for 1,371 sqft. The unit has 4 registered sales; the first was AED 2,002,132 in February 2013.
What is the rent for unit 504?
AED 170,000 a year on the contract signed on 20 January 2026. The previous contract, from February 2023, was AED 160,000.
How big is unit 504?
1,371 sqft (127.4 sqm): a two-bedroom apartment on the 5th floor of a 28-storey tower completed in 2008.
What is unit 504 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 504, Iris Blue Tower
Starts from the last sale price (AED 2.3M, 15 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →