YOUR GUIDE TO SMARTER, HIGHER-EARNING PROPERTY MANAGEMENT
Iris Blue, Dubai Marina
A 36-storey Sheth Estate tower at the northern end of Dubai Marina, next to Grosvenor House Hotel, with one to four-bedroom apartments: location, unit types and honest Airbnb income potential from Royale Stays.
Floors
36
Units
156
Developer
Sheth Estate International
Unit Types
1BR-4BR
Area
Dubai Marina
About Iris Blue
Iris Blue is a 36-storey residential tower developed by Sheth Estate International Ltd. at the northern end of Dubai Marina, in an absolute waterfront position next to the Grosvenor House Hotel. Both an independent portal's building-specific guide and a second portal listing confirm the 36-storey figure and 156-unit count.
Construction began in 2006. Sources disagree on the exact completion date, one giving 2008 and another June 2018 — both are stated honestly here rather than one being asserted as fact. Iris Blue is confirmed to be in Dubai Marina, not Jumeirah Village Circle, despite the building name potentially suggesting otherwise to a casual reader.
Location & Nearby Landmarks
Iris Blue sits at the northern end of Dubai Marina, directly waterfront and next to the Grosvenor House Hotel. For a full picture of Airbnb management across Dubai Marina, see Royale Stays' area guide to Airbnb property management in Dubai Marina.
Iris Blue joins Royale Stays' wider Dubai Marina Building Guide cluster, alongside Marina Crown, 23 Marina Tower and Sparkle Tower, three of the many other Dubai Marina towers Royale Stays has covered.
Unit Types
Iris Blue offers 156 units across one to four-bedroom apartment layouts, with a concentration of units on the upper floors. No floor-plan diagrams are included here: floor plans are typically the developer's or broker's proprietary material and have not been independently verified for this guide.
Amenities
Iris Blue's fitness facilities include a swimming pool, gymnasium, sauna and jacuzzi, with a games room and play area for kids also present, confirmed consistently across independent portal sources. Owners and prospective renters should confirm current on-site facilities directly with the building's management, since amenity offerings can change over time.
Transportation & Access
Dubai Marina is served by two Dubai Metro stations (DMCC and Sobha Realty stations) and the Dubai Tram, which runs directly through the district. Royale Stays has not confirmed the exact walking distance from Iris Blue to the nearest station, so this guide does not state a specific figure.
Rental & Price Trends
Royale Stays has not yet compiled Iris Blue-specific market data covering long-term lease rents or service charges in this pass, so no building-specific figures are stated here rather than an invented estimate. Owners considering a unit at Iris Blue can run their own numbers through Royale Stays' Dubai property ROI calculator for a unit-specific estimate instead.
Airbnb / Short-Term Rental Income Potential
Short-term letting anywhere in Dubai, including at Iris Blue, runs through a DTCM (Department of Economy and Tourism) holiday home permit, the same licensing requirement that applies regardless of building or area. An owner considering Airbnb at Iris Blue would need to hold that permit before listing a unit, in addition to confirming the building's own short-term letting policy. Royale Stays' guide to the Dubai holiday home permit covers what the process and fees generally involve.
Iris Blue already has a strong short-term rental presence: a GuestReady-branded Airbnb listing, "Mesmerizing Marina views at Iris Blue," confirms activity from a named competitor operator, alongside multiple independent Airbnb listings. Royale Stays does not currently have booking data specific to Iris Blue to draw on, so this guide does not present a building income figure it cannot support.
For an owner weighing whether Airbnb makes sense for a unit at Iris Blue, the practical starting points are confirming the building's short-term letting policy, applying for the DTCM permit, and pricing the unit against comparable Dubai Marina listings. Royale Stays manages the full furnishing, photography, pricing, check-in and guest communications process for owners who prefer not to handle it directly. Owners ready to move forward can submit their property for a management review to get a clearer read on its Airbnb potential.
Royale Stays does not yet have Iris Blue-specific portfolio data to draw on for this guide; this section reflects the already-visible operator/listing demand at Iris Blue only, reviewed by Chris Veinbaums, DTCM-licensed operator.
Questions