Studio · 560 sqftIndigo Tower, Dubailand Residence Complex · 15th floor · completed 2012

1504, Indigo Tower

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 750K20 November 2023
Current rentAED 70K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Indigo Tower

What is 1504 worth today?

Last sold for AED 750,000 in 2023

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10 Jul 2026RentedNew contract
AED 70,000/yr12 months · AED 125 per sqft
1 Dec 2025RentedNew contract
AED 74,799/yr12 months · AED 134 per sqft
27 Nov 2024RentedRenewal
AED 67,000/yr12 months · AED 120 per sqft
27 Nov 2023RentedNew contract
AED 67,000/yr12 months · AED 120 per sqft
20 Nov 2023SoldReady
AED 750,000AED 1,340 per sqft
20 Oct 2020RentedNew contract
AED 36,000/yr12 months · AED 64 per sqft
2 Oct 2019RentedRenewal
AED 52,000/yr12 months · AED 93 per sqft
2 Oct 2018RentedNew contract
AED 55,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
Studio apartment
Size
560 sqft
Floor
15th of 32
Parking
P - 203
Developer
Indigo Valley
Completed
2012
Service charge
AED 8,700 /yr
Last sold
AED 750K · November 2023
Building
Indigo Tower

About 1504, Indigo Tower

1504 is a studio of 560 sqft on the 15th floor of Indigo Tower, a 32-storey tower in Dubailand Residence Complex completed in 2012 by Indigo Valley. It last sold on 20 November 2023 for AED 750,000, or AED 1,340 per sqft, 97% above the AED 679 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 10 July 2026, is AED 70,000 a year: a gross yield of 9.3% on the 2023 price, before the service charge of about AED 8,700 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, 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 376,045 (AED 671 per sqft)Sold, November 2023: AED 750,000 (AED 1,340 per sqft)

1504 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1504, each contractTypical studio in Indigo Tower
25K50K75K2012201620202024Typical 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, June 2015: AED 65,000 a yearNew contract, October 2018: AED 55,000 a yearRenewal, October 2019: AED 52,000 a yearNew contract, October 2020: AED 36,000 a yearNew contract, November 2023: AED 67,000 a yearRenewal, November 2024: AED 67,000 a yearNew contract, December 2025: AED 74,799 a yearNew contract, July 2026: AED 70,000 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 1504 sits

All 152 studios →

1504 last sold in November 2023 at AED 1,340 per sqft, 97% above what studios in Indigo Tower were fetching at the time (AED 679). 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. 1504's AED 70,000 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 15th floor

All 407 units in Indigo Tower
Value
15011-bedAED 555K · Nov 2009
1502StudioAED 900K · Jan 2026
1503StudioAED 376K · May 2010
1505StudioAED 469K · Mar 2010
15061-bedAED 555K · Jul 2010
15071-bedAED 490K · Jan 2013
15081-bedAED 1.3M · Aug 2024
1–7 of 15

1504, Indigo Tower in numbers

  • Sold twice: first on 30 July 2009 for AED 376,045, last on 20 November 2023 for AED 750,000 (AED 1,340 per sqft).
  • Rented since June 2015 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 36,000 in 2020 and recovered to AED 70,000 by July 2026.
  • At AED 70,000 a year the gross yield on the 2023 price is 9.3%, before a service charge of about AED 8,700 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 10 July 2026.

Questions about 1504, Indigo Tower

What did unit 1504 last sell for?

AED 750,000 on 20 November 2023: AED 1,340 per sqft for 560 sqft. The unit has 2 registered sales; the first was AED 376,045 in July 2009.

What is the rent for unit 1504?

AED 70,000 a year on the contract signed on 10 July 2026. The previous contract, from December 2025, was AED 74,799; the unit has been rented since June 2015.

How big is unit 1504?

560 sqft (52.0 sqm): a studio on the 15th floor of a 32-storey tower completed in 2012.

What is unit 1504 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 1504, Indigo Tower

Starts from the last sale price (AED 750K, 20 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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