605, Iris Blue Tower
Sold prices and rental history: sold once, by the developer in June 2013, 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 605, Iris Blue Tower
What is 605 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 20 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,371 sqft
- Floor
- 6th of 28
- Parking
- P1-11
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 34,000 /yr
- Last sold
- AED 1.39M · June 2013
- Building
- Iris Blue Tower
About 605, Iris Blue Tower
605 is a two-bedroom apartment of 1,371 sqft on the 6th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). The developer sold it on 2 June 2013 for AED 1,388,500, or AED 1,012 per sqft, 28% below the AED 1,411 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 20 February 2025, is AED 160,000 a year: a gross yield of 11.5% on the 2013 price, before the service charge of about AED 34,000 a year.
Sales and rents for 605 over time
605 has sold once; 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 605 sits
All 86 2-beds →605 last sold in June 2013 at AED 1,012 per sqft, 28% below what two-beds in Iris Blue Tower were fetching at the time (AED 1,411). 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. 605'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 6th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,326 sqft | AED 1.32MAED 1,324,400 · Jul 2015July 2015 | ||
| 602 | 2-bed | 1,326 sqft | AED 1.95MAED 1,950,000 · Jan 2013January 2013 | 143,325 /yr | |
| 603 | 1-bed | 736 sqft | AED 1.05MAED 1,050,000 · Feb 2013February 2013 | 70,000 /yr | |
| 604 | 2-bed | 1,371 sqft | AED 2.27MAED 2,268,750 · Jul 2011July 2011 | 165,000 /yr | |
| 606 | 1-bed | 736 sqft | AED 1.12MAED 1,116,000 · Jun 2020June 2020 | 115,000 /yr |
605, Iris Blue Tower in numbers
- Sold once: by SHETH ESTATE (INTERNATIONAL) on 2 June 2013 for AED 1,388,500, or AED 1,012 per sqft.
- Rented since September 2015 on 6 Ejari contracts. The rent fell from AED 160,000 to AED 105,000 in 2021 and recovered to AED 160,000 by February 2025.
- At AED 160,000 a year the gross yield on the 2013 price is 11.5%, 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 February 2025.
Questions about 605, Iris Blue Tower
What did unit 605 last sell for?
AED 1,388,500 on 2 June 2013, sold by the developer: AED 1,012 per sqft for 1,371 sqft. It is the only registered sale of the unit.
What is the rent for unit 605?
AED 160,000 a year on the contract signed on 20 February 2025. The previous contract, from December 2022, was AED 110,250; the unit has been rented since September 2015.
How big is unit 605?
1,371 sqft (127.4 sqm): a two-bedroom apartment on the 6th floor of a 28-storey tower completed in 2008.
What is unit 605 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.
Selling 605? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 605, Iris Blue Tower
Starts from the last sale price (AED 1.39M, 2 June 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,388,500
- Deposit, UAE resident (20%)
- AED 277,700
- Deposit, non-resident (40%)
- AED 555,400
- Monthly over 25 years at 3.7%
- AED 5,681
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →