Iris Blue Tower

P1 — Delivered Ready Secondary
Developer Sheth Developers
Community Dubai Marina
Property type Apartment
Data updated Mar 16, 2026

Iris Blue Tower is a Delivered development by Sheth Developers in Dubai Marina. 158 units across 2 Bedroom (60%), 1 Bedroom (30%), 3 Bedroom (10%). Over the trailing 12 months, 370 sales at a median of AED 2,650,000.

Key Metrics
Median Price
Value
AED 2,650,000
Change
8.9% YoY
Transactions
Value
370
Change
18 in period
Price / sqft
Value
AED 2,095
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 2,650,000
↑ 8.9% YoY
Transactions
370
↑ 18 in period
Price / sqft
AED 2,095
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
2.8%
Holding Period
Value
4.7 yrs
Liquidity
Value
11.5%
Price Dispersion
Value
3.7%
Ready Market Mix
Value
0.0%
Rental Activity
Value
32.7%
Capital Return
2.8%
Holding Period
4.7 yrs
Liquidity
11.5%
Price Dispersion
3.7%
Ready Market Mix
0.0%
Rental Activity
32.7%

Rental Performance

Rental Volume
Value
928
Avg Annual Rent
Value
AED 128,689
New Leases
Value
66.4%
Renewals
Value
33.6%
Rental Volume
928
Avg Annual Rent
AED 128,689
New Leases
66.4%
Renewals
33.6%

Unit Mix

By bedroom type
1 Bedroom 48 units · 30%
2 Bedroom 94 units · 60%
3 Bedroom 16 units · 10%

Transaction Breakdown

All time — 370 transactions
Ready Primary
158
Ready Secondary
212

Price History

Median Price — Iris Blue Tower

Median prices in Iris Blue Tower have risen sharply, up 66% from AED 2.0M to AED 3.3M over the past 7 months.

Recent Transactions

Showing last 10 of 370
Date Type Price (AED) Size (sqft) AED/sqft
Mar 16, 2026 RP Secondary 3,320,000 1,753 1,893
Jan 14, 2026 RP Secondary 34,330 736 46
Jan 07, 2026 RP Secondary 137,981 1,371 100
Jan 05, 2026 RP Secondary 91,762 1,325 69
Dec 17, 2025 RP Secondary 2,500,000 1,371 1,823
Oct 31, 2025 RP Secondary 2,900,000 1,371 2,114
Oct 10, 2025 RP Secondary 2,950,000 1,325 2,225
Oct 06, 2025 RP Secondary 3,150,000 1,371 2,297
Oct 06, 2025 RP Secondary 2,950,000 1,371 2,151
Oct 06, 2025 RP Secondary 3,200,000 1,371 2,333

This project is in Dubai Marina

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