1-bed · 870 sqftIndigo Tower, Dubailand Residence Complex · 15th floor · completed 2012

1506, Indigo Tower

Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 17 May 2023
Last soldAED 555K1 July 2010
Current rentAED 70K /yr17 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Indigo Tower

What is 1506 worth today?

Last sold for AED 555,136 in 2010

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17 May 2023RentedRenewal
AED 70,000/yr12 months · AED 80 per sqft
17 May 2022RentedNew contract
AED 69,000/yr12 months · AED 79 per sqft
17 May 2020RentedNew contract
AED 73,000/yr12 months · AED 84 per sqft
22 May 2019RentedNew contract
AED 78,000/yr12 months · AED 89 per sqft
14 May 2015RentedNew contract
AED 100,000/yr12 months · AED 115 per sqft
1 Jul 2010Sold by developerReady
AED 555,136AED 638 per sqft

Source: Dubai Land Department. Updated 17 May 2023.

Key facts

Type
1-bed apartment
Size
870 sqft
Floor
15th of 32
Parking
P - 206- 207
Developer
Indigo Valley
Completed
2012
Service charge
AED 13,600 /yr
Last sold
AED 555K · July 2010
Building
Indigo Tower

About 1506, Indigo Tower

1506 is a one-bedroom apartment of 870 sqft on the 15th floor of Indigo Tower, a 32-storey tower in Dubailand Residence Complex completed in 2012 by Indigo Valley. The developer sold it on 1 July 2010 for AED 555,136, or AED 638 per sqft, 3% below the AED 659 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 17 May 2023, is AED 70,000 a year: a gross yield of 12.6% on the 2010 price, before the service charge of about AED 13,600 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, each saleTypical one-bed in Indigo Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 529,476; 2010 AED 540,588; 2011 AED 540,000; 2012 AED 695,000; 2013 AED 395,927; 2014 AED 534,080; 2015 AED 550,833; 2016 AED 1,090,000; 2017 AED 1,135,000; 2018 AED 1,025,000; 2019 AED 820,000; 2020 AED 535,014; 2021 AED 800,000; 2022 AED 832,500; 2023 AED 970,000; 2024 AED 1,100,000; 2025 AED 1,210,000; 2026 AED 1,230,000Sold by developer, July 2010: AED 555,136 (AED 638 per sqft)

1506 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1506, each contractTypical one-bed in Indigo Tower
50K75K100K2012201620202024Typical rent by year: 2012 AED 61,000; 2013 AED 70,000; 2014 AED 85,000; 2015 AED 88,055; 2016 AED 80,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 65,000; 2020 AED 50,000; 2021 AED 50,000; 2022 AED 55,000; 2023 AED 60,550; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 78,000New contract, May 2015: AED 100,000 a yearNew contract, May 2019: AED 78,000 a yearNew contract, May 2020: AED 73,000 a yearNew contract, May 2022: AED 69,000 a yearRenewal, May 2023: AED 70,000 a year

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

1-beds in Indigo Tower, and where 1506 sits

All 167 1-beds →

1506 last sold in July 2010 at AED 638 per sqft, 3% below what one-beds in Indigo Tower were fetching at the time (AED 659). Over the last 12 months one-beds sold for AED 212,268 to 1,500,000, around AED 1,425 per sqft, and rent for AED 33,600 to 143,000 a year. 1506's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Sep 2026500,000
15 Sep 20261,250,000
12 Aug 20261,050,000
12 Jun 20261,500,000
14 1-bed 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
1504StudioAED 750K · Nov 2023
1505StudioAED 469K · Mar 2010
15071-bedAED 490K · Jan 2013
15081-bedAED 1.3M · Aug 2024
1–7 of 15

1506, Indigo Tower in numbers

  • Sold once: by Indigo Valley on 1 July 2010 for AED 555,136, or AED 638 per sqft.
  • Rented since May 2015 on 5 Ejari contracts, from AED 100,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2010 price is 12.6%, before a service charge of about AED 13,600 a year (AED 15.63 per sqft).
  • One-beds in Indigo Tower sold for AED 212,268–1,500,000 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 17 May 2023.

Questions about 1506, Indigo Tower

What did unit 1506 last sell for?

AED 555,136 on 1 July 2010, sold by the developer: AED 638 per sqft for 870 sqft. It is the only registered sale of the unit.

What is the rent for unit 1506?

AED 70,000 a year on the contract renewed on 17 May 2023. The previous contract, from May 2022, was AED 69,000; the unit has been rented since May 2015.

How big is unit 1506?

870 sqft (80.8 sqm): a one-bedroom apartment on the 15th floor of a 32-storey tower completed in 2012.

What is unit 1506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Indigo Tower sold for AED 212,268 to 1,500,000 in the last 12 months, around AED 1,425 per sqft.

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Mortgage on 1506, Indigo Tower

Starts from the last sale price (AED 555K, 1 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 555,136
Deposit, UAE resident (20%)
AED 111,027
Deposit, non-resident (40%)
AED 222,054
Monthly over 25 years at 3.7%
AED 2,271

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