Iris Blue, Dubai Marina

Iris Blue, Dubai Marina

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HIGHLIGHTS

About Iris Blue, Dubai Marina

Iris Blue in Dubai Marina is located on Sheikh Zayed Road right next to Marina Terrace and Grosvenor Hotel. It is a 36-storey residential building with 156 apartments. Residents can find a gym, swimming pool and children’s playing area in the building. 1-bedroom, 2-bedroom, 3-bedroom and 4-bedroom apartments in Iris Blue are available for rent and sale.

Developed by Sheth Estate in 2008, Iris Blue offers amazing views of the Marina Walk and the Arabian Gulf. Residents will be pleased to find several restaurants, supermarkets and tram stations nearby.

IN A NUTSHELL

  • Located in Dubai Marina
  • Beautiful views of the Marina Walk and the sea from apartments
  • 36-storey residential building
  • 156 apartments
  • 4 floors of covered parking
  • Easy access to metro stations and tram stations

BUILDING DETAILS

Facilities in Iris Blue, Dubai Marina

Parking

There is covered parking in Iris Blue, Dubai Marina. All residents get reserved parking spots depending on their apartment type.

Elevators

Residents can find 3 high-speed elevators in Iris Blue, Dubai Marina that are regularly serviced for optimum performance.

Security, Central Air-Conditioning and Maintenance Services 

For security, Iris Blue, Dubai Marina has fully trained security personnel present 24 hours along with CCTV monitoring. 

The apartments are separately metered for electricity and water usage by DEWA with bills to be directly paid by the occupant. The building has its own chiller plant, providing chilled water to common areas and apartments. The chilled water fee is not to be paid every month by the tenants.

Gym and Fitness Facilities 

For fitness enthusiasts, there are facilities like sauna, Jacuzzi, swimming pool and a fully equipped gym in Iris Blue, Dubai Marina. Moreover, the residents can also find plenty of fitness facilities in the surroundings.

Lifestyle Amenities

Iris Blue has retail shops within the building for easy shopping. There is a games room for residents.

Concierge and Guest Services 

24-hour concierge services are available for visitors in the building.

Iris Blue Floor Plans 

  • 1-bedroom apartments in Iris Blue consist of four different unit types
  • 2-bedroom apartments in Iris Blue consist of six different unit types
  • 3-bedroom apartments in Iris Blue consist of four different unit types
  • 4-bedroom apartments in Iris Blue consist of four different unit types

Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit type and bed type you’re interested in by browsing Iris Blue floor plans.

Apartment Types in Iris Blue, Dubai Marina

Iris Blue, Dubai has 156 apartments belonging to 4 different categories in terms of the number of bedrooms. These include 1-bedroom, 2-bedroom, 3-bedroom and 4-bedroom apartments.

1-Bedroom Apartments in Iris Blue

1-Bedroom apartments in Iris Blue, Dubai have covered areas ranging from 730 sq. ft. to 830 sq. ft. The apartments have 2 bathrooms and a balcony. Fully furnished apartments are also available for rent and sale.

2-Bedroom Apartments in Iris Blue

These apartments have 2 bedrooms, 3 bathrooms and 2 balconies that offer beautiful views of the sea. The covered areas range from 1,325 sq. ft. to 1,550 sq. ft. The residents of 2-bedroom apartments get 2 parking spots. Fully furnished apartments are available for rent and sale. 

3-Bedroom Apartments in Iris Blue

Having a covered area of 1,702 sq. ft. to 1,753 sq. ft., 3-bedroom apartments have 3 or 4 bathrooms and sea-facing balconies. The apartments also have a maid’s room. Some apartments for rent and sale are fully furnished.

4-Bedroom Apartments in Iris Blue

The last category of apartments in Iris Blue, 4-bedroom apartments have a covered area ranging from 3,477 sq. ft. to 3, 978 sq. ft. These units have spacious rooms, a lounge and a balcony. There are 5 bathrooms and a maid’s room in the apartment. 4-bedroom apartments get two reserved parking spots.

Most Popular Apartment Types in Iris Blue

  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 4-Bed
  • 0
  • 20%
  • 40%
  • 60%
  • 80%100%

Based on searches conducted by users on Bayut.com over the past 6 months

Iris Blue apartments have a high demand. The popularity is partly due to its location in Dubai Marina, which is one of the most sought-after areas of the city. Other important factors that make Iris Blue a popular choice are the facilities in the building, the beautiful surroundings and the affordable prices. 

Among all apartment types, 2-bedroom apartments in Iris Blue are the most popular as per the search data on Bayut. 3-bedroom apartments and 1-bedroom apartments get the second and third spot, respectively. 4-bedroom apartments are the least popular apartment category in the Iris Blue.

Rental Trends in Iris Blue, Dubai Marina

One can rent the apartments in Iris Blue at very affordable rates. 

  • 1-bedroom apartments for rent are available for AED 95k per annum.
  • Renting 2-bedroom apartments costs around AED 115k to AED 140k. 

Compared to other apartments for rent in Dubai Marina, prices of apartments for rent in Iris Blue are affordable.

Sale Trends in Iris Blue, Dubai Marina

Apartments in Iris Blue garner a lot of attention. Pricing details of apartments for sale in Iris Blue are given below: 

The prices of apartments vary depending on the covered area, views from the balcony and furnishings. The building has a good set of facilities and is located in a high profile area. Similar facilities and benefits are offered by other apartments for sale in Dubai Marina.

Rental Yield in Iris Blue

  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 4-Bed
  • 0
  • 2%
  • 4%
  • 6%
  • 8%10%

Based on searches conducted by users on Bayut.com over the past 6 months

Iris Blue provides a good opportunity for investors. The demand for apartments is high owing to its vicinity and the facilities available in the building. This high demand leads to a constant increase in the prices, hence ensures hefty capital gains for the investors. The investors who are more interested in return through the rentals will also find Iris Blue a very attractive option. 

The average ROI from rentals for all apartment types in Iris Blue is about 6.7%. The highest ROI is credited to 1-bedroom apartments, with a 7.2% annual return from rentals. 3-bedroom apartments are the second-best in terms of ROI, giving a return of 6.5%. 2-bedroom apartments also provide an attractive annual return of 6.4% through rentals.

Service Charges in Iris Blue

General Fund
Price Per Sq. Ft. in AED
General Fund
Services
Price Per Sq. Ft. in AED
3.83
General Fund
Maintenance
Price Per Sq. Ft. in AED
4.13
General Fund
Improvement
Price Per Sq. Ft. in AED
0.48
General Fund
Utilities Services
Price Per Sq. Ft. in AED
5.46
General Fund
Management Services
Price Per Sq. Ft. in AED
0.97
General Fund
Insurance
Price Per Sq. Ft. in AED
0.45
General Fund
Master Community
Price Per Sq. Ft. in AED
0.73
General Fund
Adjustment
Price Per Sq. Ft. in AED
-2.66
General Fund
Reserved Fund
Price Per Sq. Ft. in AED
1.50
General Fund
Income
Price Per Sq. Ft. in AED
0.01
General Fund
Total
Price Per Sq. Ft. in AED
14.90
Additional Charges
Price Per Sq. Ft. in AED
Additional Charges
Additional Services
Price Per Sq. Ft. in AED
6.04

These are the service charges for Iris Blue* per the Dubai Land Department. Find out more about Dubai service charges if looking buy a property in the emirate.

*Please note that these service charges are subject to change.

NEARBY AMENITIES

Transportation near Iris Blue

It is easy to commute to different areas of the city from Iris Blue. Residents with private vehicles enjoy quick access to Sheikh Zayed Road and Al Sufouh Road.

The areas within quick reach from Iris Blue include Emirates Hills, Jumeirah Heights, Springs, Jumeirah Hills, The Gardens, Discovery Gardens, Knowledge Village and Dubai Internet City. They are all less than a 10-minute drive away. It takes just 13 minutes to reach Palm Jumeirah whereas the Dubai International Airport is about 30 minutes away.

For people relying on public transportation near Iris Blue, the options include taxis, buses and metro.

Bus Stations near Iris Blue

The nearest bus station is Le Meridien Hotel Bus Stop in Mina Al Siyahi, about 2 minutes away.

Metro Stations near Iris Blue

The nearest tram station is Dubai Marina Tram Station, which is just 2 minutes away. Other metro stations located nearby are JLT Metro Station and DAMAC Metro Station, both are less than 10 minutes away.

Restaurants near Iris Blue

Marbaiya Restaurant and Cafe
Marbaiya Restaurant & Cafe provides an outdoor dining option

Iris blue has plenty of dining options located nearby. There are numerous choices in terms of cuisine, prices and dining styles. Dubai Marina restaurants near Iris Blue are:  

  • Marbaiya Restaurant & Cafe
  • Grand Grill
  • The Talk Restaurant
  • Wagamama
  • Shakespeare & Co.
  • Pier 7
  • Operation Falafel
  • Big Chefs Restaurant
  • The Cheesecake Factory
  • Le Pirate Restaurant
  • Qwerty Restaurant
  • Vapiano
  • The Beach Bar & Grill

The cuisines include Arabic, Continental, Indian, Italian, Thai and Chinese. The good thing is that residents need not travel far to find quality dining options.

Supermarkets near Iris Blue

There are plenty of supermarkets near Iris Blue including international chains and local stores. Carrefour, one of the most popular supermarket chains in the country, is located at a distance of 4 minutes from Iris blue. Other supermarkets nearby include: 

  • Waitrose
  • Al Maya Supermarket
  • Spinneys
  • Eight Star
  • My World
  • Plus Point
  • Fresh Plus Point

These supermarkets are located within the distance of a 10-minute drive from Iris Blue.

NEARBY BUILDINGS

All these residential projects are located close to Iris Blue, Dubai Marina. One can find a wide range of apartments for rent and sale in these buildings.

Major Landmarks

The Grosvenor Hotel and Marina Terrace are located right next to Iris Blue, Dubai. Other important landmarks located nearby include: 

JBR Beach in Dubai
JBR Beach – an ideal place to spend your leisure time.

Sky Dive Dubai is a popular skydiving company providing services to new and experienced enthusiasts of the sport. It is located in Mina Seyahi, about 6 minutes away from Iris Blue.

Marina Hotel Apartments and Ritz-Carlton Hotel – two popular hotels in the area are about 3 and 6 minutes away, respectively. JBR Beach is one of the best public beaches in Dubai with dining, shopping, fitness and beach sport options. It will take about 8 minutes to reach JBR Beach.

THINGS TO CONSIDER

The location of Iris Blue is ideal as it ensures easy access to restaurants, supermarkets and leisure spots. However, the surroundings can be busy especially during weekends. Traffic congestion in the area can cause minor inconveniences.

Are you looking to buy or rent apartments in Iris Blue?

RATINGS & REVIEWS

5.0 out of 5.0
Based on 1 Review

Apartment Layout

5.0

Security

5.0

Building Management

4.0
Jane WoollcottFew months ago
5.0

Apartment Layout

5.0

Security

5.0

Building Management

4.0
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