2-bed · 1,371 sqftIris Blue Tower, Dubai Marina · 8th floor · completed 2008

805, Iris Blue Tower

Sold prices and rental history: sold twice, last in September 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 6 October 2017
Last soldAED 1.56M5 September 2011
Current rentAED 140K /yr6 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, Iris Blue Tower

What is 805 worth today?

Last sold for AED 1,564,100 in 2011

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6 Oct 2017RentedRenewal
AED 140,000/yr24 months · AED 102 per sqft
6 Oct 2016RentedNew contract
AED 150,000/yr12 months · AED 110 per sqft
1 Apr 2016RentedRenewal
AED 130,356/yr4 months · AED 95 per sqft
1 Apr 2015RentedNew contract
AED 130,000/yr12 months · AED 95 per sqft
1 Apr 2012RentedNew contract
AED 120,000/yr12 months · AED 88 per sqft
5 Sep 2011Sold by developerReady
AED 1,564,100AED 1,140 per sqft
5 Sep 2011SoldReady
AED 1,820,000AED 1,327 per sqft

Source: Dubai Land Department. Updated 6 October 2017.

Key facts

Type
2-bed apartment
Size
1,371 sqft
Floor
8th of 28
Parking
P1-15
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 34,000 /yr
Last sold
AED 1.56M · September 2011

About 805, Iris Blue Tower

805 is a two-bedroom apartment of 1,371 sqft on the 8th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). The developer sold it on 5 September 2011 for AED 1,564,100, or AED 1,140 per sqft, 13% below the AED 1,312 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 6 October 2017, is AED 140,000 a year: a gross yield of 8.9% on the 2011 price, before the service charge of about AED 34,000 a year.

Sales and rents for 805 over time

Sales
Unit 805, each saleTypical two-bed in Iris Blue Tower
1.5M2M2.5M2011201520192023Typical sale price by year: 2011 AED 1,835,000; 2012 AED 1,873,417; 2013 AED 1,844,634; 2014 AED 2,293,585; 2015 AED 1,868,317; 2016 AED 2,450,000; 2017 AED 2,300,000; 2018 AED 1,996,000; 2019 AED 1,725,000; 2022 AED 2,089,500; 2023 AED 2,100,000; 2024 AED 2,530,000; 2025 AED 2,650,000Sold by developer, September 2011: AED 1,564,100 (AED 1,140 per sqft)Sold, September 2011: AED 1,820,000 (AED 1,327 per sqft)

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

Rents
Unit 805, each contractTypical two-bed in Iris Blue Tower
100K150K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 150,000; 2014 AED 160,000; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 155,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 107,500; 2021 AED 105,000; 2022 AED 120,000; 2023 AED 140,000; 2024 AED 160,000; 2025 AED 151,630; 2026 AED 165,000New contract, April 2012: AED 120,000 a yearNew contract, April 2015: AED 130,000 a yearRenewal, April 2016: AED 130,356 a yearNew contract, October 2016: AED 150,000 a yearRenewal, October 2017: AED 140,000 a year

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 805 sits

All 86 2-beds →

805 last sold in September 2011 at AED 1,140 per sqft, 13% below what two-beds in Iris Blue Tower were fetching at the time (AED 1,312). 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. 805's AED 140,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Jan 2026137,981
5 Jan 202691,762
17 Dec 20252,500,000
23 Jul 20252,850,000
3 2-bed sales 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 8th floor

All 158 units in Iris Blue Tower
Value
8012-bedAED 1.85M · Feb 2012
8022-bedAED 1.73M · Mar 2012
8031-bedAED 1.3M · Oct 2017
8042-bedAED 3M · May 2015
8061-bedAED 751K · Apr 2017

805, Iris Blue Tower in numbers

  • Sold twice: first on 5 September 2011 for AED 1,820,000, last on 5 September 2011 for AED 1,564,100 (AED 1,140 per sqft).
  • Rented since April 2012 on 5 Ejari contracts, from AED 120,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2011 price is 8.9%, 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 6 October 2017.

Questions about 805, Iris Blue Tower

What did unit 805 last sell for?

AED 1,564,100 on 5 September 2011, sold by the developer: AED 1,140 per sqft for 1,371 sqft. The unit has 2 registered sales; the first was AED 1,820,000 in September 2011.

What is the rent for unit 805?

AED 140,000 a year on the contract renewed on 6 October 2017. The previous contract, from October 2016, was AED 150,000; the unit has been rented since April 2012.

How big is unit 805?

1,371 sqft (127.4 sqm): a two-bedroom apartment on the 8th floor of a 28-storey tower completed in 2008.

What is unit 805 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 805, Iris Blue Tower

Starts from the last sale price (AED 1.56M, 5 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,564,100
Deposit, UAE resident (20%)
AED 312,820
Deposit, non-resident (40%)
AED 625,640
Monthly over 25 years at 3.7%
AED 6,399

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