Studio · 588 sqftIndigo Tower, Dubailand Residence Complex · 14th floor · completed 2012

1402, Indigo Tower

Sold prices and rental history: sold twice, last in January 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 24 January 2022
Last soldAED 575K24 January 2022
Current rentAED 35K /yr15 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Indigo Tower

What is 1402 worth today?

Last sold for AED 575,000 in 2022

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24 Jan 2022SoldReady
AED 575,000AED 977 per sqft
15 Jun 2021RentedNew contract
AED 35,000/yr12 months · AED 59 per sqft
1 Jun 2020RentedNew contract
AED 38,000/yr12 months · AED 64 per sqft
2 Feb 2020RentedNew contract
AED 45,000/yr12 months · AED 76 per sqft
1 Feb 2019RentedNew contract
AED 60,162/yr12 months · AED 102 per sqft
17 Jan 2014RentedNew contract
AED 65,000/yr12 months · AED 110 per sqft
29 Dec 2013Sold by developerReady
AED 417,724AED 709 per sqft

Source: Dubai Land Department. Updated 24 January 2022.

Key facts

Type
Studio apartment
Size
588 sqft
Floor
14th of 32
Parking
P - 185
Developer
Indigo Valley
Completed
2012
Service charge
AED 9,200 /yr
Last sold
AED 575K · January 2022
Building
Indigo Tower

About 1402, Indigo Tower

1402 is a studio of 588 sqft on the 14th floor of Indigo Tower, a 32-storey tower in Dubailand Residence Complex completed in 2012 by Indigo Valley. It last sold on 24 January 2022 for AED 575,000, or AED 977 per sqft, in line with the AED 959 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 15 June 2021, is AED 35,000 a year: a gross yield of 6.1% on the 2022 price, before the service charge of about AED 9,200 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, 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, December 2013: AED 417,724 (AED 709 per sqft)Sold, January 2022: AED 575,000 (AED 977 per sqft)

1402 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1402, each contractTypical studio in Indigo Tower
20K40K60K2012201620202024Typical 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, January 2014: AED 65,000 a yearNew contract, February 2019: AED 60,162 a yearNew contract, February 2020: AED 45,000 a yearNew contract, June 2020: AED 38,000 a yearNew contract, June 2021: AED 35,000 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 1402 sits

All 152 studios →

1402 last sold in January 2022 at AED 977 per sqft, in line with what studios in Indigo Tower were fetching at the time (AED 959). 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. 1402's AED 35,000 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 14th floor

All 407 units in Indigo Tower
Value
14011-bedAED 1.43M · Sep 2025
1403StudioAED 364K · Nov 2016
1404StudioAED 404K · Jul 2009
1405StudioAED 418K · Jul 2009
14061-bedAED 588K · Jul 2009
14071-bedAED 503K · Jun 2010
14081-bedAED 503K · Jul 2009
1–7 of 15

1402, Indigo Tower in numbers

  • Sold twice: first on 29 December 2013 for AED 417,724, last on 24 January 2022 for AED 575,000 (AED 977 per sqft).
  • Rented since January 2014 on 5 Ejari contracts, from AED 65,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2022 price is 6.1%, before a service charge of about AED 9,200 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 January 2022.

Questions about 1402, Indigo Tower

What did unit 1402 last sell for?

AED 575,000 on 24 January 2022: AED 977 per sqft for 588 sqft. The unit has 2 registered sales; the first was AED 417,724 in December 2013.

What is the rent for unit 1402?

AED 35,000 a year on the contract signed on 15 June 2021. The previous contract, from June 2020, was AED 38,000; the unit has been rented since January 2014.

How big is unit 1402?

588 sqft (54.6 sqm): a studio on the 14th floor of a 32-storey tower completed in 2012.

What is unit 1402 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 1402, Indigo Tower

Starts from the last sale price (AED 575K, 24 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 575,000
Deposit, UAE resident (20%)
AED 115,000
Deposit, non-resident (40%)
AED 230,000
Monthly over 25 years at 3.7%
AED 2,353

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