Studio · 594 sqftIndigo Tower, Dubailand Residence Complex · 12th floor · completed 2012

1202, Indigo Tower

Sold prices and rental history: sold twice, last in September 2017, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 24 September 2017
Last soldAED 758K20 September 2017
Current rentAED 49K /yr24 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Indigo Tower

What is 1202 worth today?

Last sold for AED 758,000 in 2017

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24 Sep 2017RentedNew contract
AED 49,169/yr14 months · AED 83 per sqft
20 Sep 2017SoldReady
AED 758,000AED 1,276 per sqft
10 Nov 2016RentedRenewal
AED 55,513/yr12 months · AED 93 per sqft
10 Nov 2015RentedRenewal
AED 58,433/yr12 months · AED 98 per sqft
10 Nov 2014RentedRenewal
AED 55,650/yr12 months · AED 94 per sqft
10 Nov 2013RentedNew contract
AED 53,000/yr12 months · AED 89 per sqft
29 Sep 2012RentedRenewal
AED 35,000/yr12 months · AED 59 per sqft
29 Sep 2011RentedNew contract
AED 35,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 24 September 2017.

Key facts

Type
Studio apartment
Size
594 sqft
Floor
12th of 32
Parking
P - 152
Developer
Indigo Valley
Completed
2012
Service charge
AED 9,300 /yr
Last sold
AED 758K · September 2017
Building
Indigo Tower

About 1202, Indigo Tower

1202 is a studio of 594 sqft on the 12th floor of Indigo Tower, a 32-storey tower in Dubailand Residence Complex completed in 2012 by Indigo Valley. It last sold on 20 September 2017 for AED 758,000, or AED 1,276 per sqft, in line with the AED 1,300 studios in the building were fetching at the time.

It has been rented continuously since 2011 on 7 Ejari contracts. The current contract, signed on 24 September 2017, is AED 49,169 a year: a gross yield of 6.5% on the 2017 price, before the service charge of about AED 9,300 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical studio in Indigo Tower
250K500K750K2009201420192024Typical sale price by year: 2009 AED 402,650; 2010 AED 405,967; 2011 AED 414,264; 2012 AED 404,553; 2013 AED 295,837; 2014 AED 392,998; 2015 AED 377,906; 2016 AED 400,000; 2017 AED 800,000; 2019 AED 625,000; 2021 AED 560,000; 2022 AED 582,500; 2023 AED 349,230; 2024 AED 730,000; 2025 AED 365,000; 2026 AED 617,500Sold by developer, July 2009: AED 393,737 (AED 662 per sqft)Sold, September 2017: AED 758,000 (AED 1,276 per sqft)

1202 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1202, each contractTypical studio in Indigo Tower
20K40K60K20112015201920232027Typical rent by year: 2012 AED 35,000; 2013 AED 55,000; 2014 AED 57,831; 2015 AED 61,925; 2016 AED 39,600; 2017 AED 38,800; 2018 AED 40,000; 2019 AED 46,500; 2020 AED 31,000; 2021 AED 24,545; 2022 AED 24,000; 2023 AED 28,095; 2024 AED 31,950; 2025 AED 35,000; 2026 AED 53,000New contract, September 2011: AED 35,000 a yearRenewal, September 2012: AED 35,000 a yearNew contract, November 2013: AED 53,000 a yearRenewal, November 2014: AED 55,650 a yearRenewal, November 2015: AED 58,433 a yearRenewal, November 2016: AED 55,513 a yearNew contract, September 2017: AED 49,169 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Indigo Tower, and where 1202 sits

All 152 studios →

1202 last sold in September 2017 at AED 1,276 per sqft, in line with what studios in Indigo Tower were fetching at the time (AED 1,300). Over the last 12 months studios sold for AED 365,000 to 900,000, around AED 921 per sqft, and rent for AED 27,000 to 116,279 a year. 1202's AED 49,169 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Sep 2026900,000
10 Jun 2026860,000
5 Jun 2026750,000
8 May 2026420,000
12 studio sales in the last 12 months

Indigo Tower

Building

407 apartments, studios to 4-bed over 32 floors in Dubailand Residence Complex, completed in 2012 by Indigo Valley. 32 sold in the last 12 months.

Typical price per sqft
AED 1,365 Up 77.5%
Typical sale
AED 880K
Typical rent
AED 65K /yr
Typical yield
7.0%
Indigo Tower, Dubailand Residence Complex: prices, sales and rents →

Other units on the 12th floor

All 407 units in Indigo Tower
Value
12011-bedAED 550K · Jul 2009
1203StudioAED 400K · Apr 2011
1204StudioAED 376K · Jul 2009
1205StudioAED 825K · Apr 2026
12061-bedAED 1.67M · Jan 2025
12071-bedAED 1M · Oct 2017
12081-bedAED 1.1M · Mar 2016
1–7 of 15

1202, Indigo Tower in numbers

  • Sold twice: first on 23 July 2009 for AED 393,737, last on 20 September 2017 for AED 758,000 (AED 1,276 per sqft).
  • Rented since September 2011 on 7 Ejari contracts, from AED 35,000 to AED 49,169 a year.
  • At AED 49,169 a year the gross yield on the 2017 price is 6.5%, before a service charge of about AED 9,300 a year (AED 15.63 per sqft).
  • Studios in Indigo Tower sold for AED 365,000–900,000 in the 12 months to November 2026; the building's median across all types is AED 1,365 per sqft.

Source: Dubai Land Department. Updated 24 September 2017.

Questions about 1202, Indigo Tower

What did unit 1202 last sell for?

AED 758,000 on 20 September 2017: AED 1,276 per sqft for 594 sqft. The unit has 2 registered sales; the first was AED 393,737 in July 2009.

What is the rent for unit 1202?

AED 49,169 a year on the contract signed on 24 September 2017. The previous contract, from November 2016, was AED 55,513; the unit has been rented since September 2011.

How big is unit 1202?

594 sqft (55.2 sqm): a studio on the 12th floor of a 32-storey tower completed in 2012.

What is unit 1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Indigo Tower sold for AED 365,000 to 900,000 in the last 12 months, around AED 921 per sqft.

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Mortgage on 1202, Indigo Tower

Starts from the last sale price (AED 758K, 20 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 758,000
Deposit, UAE resident (20%)
AED 151,600
Deposit, non-resident (40%)
AED 303,200
Monthly over 25 years at 3.7%
AED 3,101

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