1508, Indigo Tower
Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, Indigo Tower
What is 1508 worth today?
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Source: Dubai Land Department. Updated 2 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 792 sqft
- Floor
- 15th of 32
- Parking
- P - 209
- Developer
- Indigo Valley
- Completed
- 2012
- Service charge
- AED 12,400 /yr
- Last sold
- AED 1.3M · August 2024
- Building
- Indigo Tower
About 1508, Indigo Tower
1508 is a one-bedroom apartment of 792 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 2 August 2024 for AED 1,300,000, or AED 1,642 per sqft, 21% above the AED 1,355 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 15 October 2022, is AED 45,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 12,400 a year.
Sales and rents for 1508 over time
1508 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1508 sits
All 167 1-beds →1508 last sold in August 2024 at AED 1,642 per sqft, 21% above what one-beds in Indigo Tower were fetching at the time (AED 1,355). 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. 1508's AED 45,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Sep 202624 September 2026 | 709 sqft | 500,000 | 705 | ||
| 15 Sep 202615 September 2026 | 866 sqft | 1,250,000 | 1,443 | ||
| 12 Aug 202612 August 2026 | 792 sqft | 1,050,000 | 1,326 | ||
| 12 Jun 202612 June 2026 | 832 sqft | 1,500,000 | 1,803 |
Indigo Tower
Building407 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%
Other units on the 15th floor
All 407 units in Indigo Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 870 sqft | AED 555KAED 555,136 · Nov 2009November 2009 | 103,000 /yr | |
| 1502 | Studio | 584 sqft | AED 900KAED 900,000 · Jan 2026January 2026 | 68,000 /yr | |
| 1503 | Studio | 560 sqft | AED 376KAED 376,045 · May 2010May 2010 | 70,000 /yr | |
| 1504 | Studio | 560 sqft | AED 750KAED 750,000 · Nov 2023November 2023 | 70,000 /yr | |
| 1505 | Studio | 584 sqft | AED 469KAED 468,737 · Mar 2010March 2010 | 68,500 /yr | |
| 1506 | 1-bed | 870 sqft | AED 555KAED 555,136 · Jul 2010July 2010 | 70,000 /yr | |
| 1507 | 1-bed | 792 sqft | AED 490KAED 490,382 · Jan 2013January 2013 | 82,000 /yr | |
| 1509 | 1-bed | 870 sqft | AED 574KAED 573,603 · Dec 2009December 2009 | 35,000 /yr | |
| 1510 | Studio | 584 sqft | AED 406KAED 405,967 · Jul 2009July 2009 | 60,197 /yr | |
| 1511 | Studio | 560 sqft | AED 388KAED 387,994 · Mar 2016March 2016 | 60,000 /yr | |
| 1512 | Studio | 560 sqft | AED 600KAED 600,000 · Mar 2023March 2023 | 69,806 /yr | |
| 1513 | Studio | 584 sqft | AED 406KAED 405,967 · Dec 2010December 2010 | ||
| 1514 | 1-bed | 870 sqft | AED 800KAED 800,000 · Oct 2013October 2013 | 95,000 /yr | |
| 1515 | 1-bed | 792 sqft | AED 1MAED 1,000,000 · Jul 2023July 2023 | 80,000 /yr | |
| 1516 | 1-bed | 792 sqft | AED 498KAED 498,302 · Aug 2009August 2009 | 90,000 /yr |
1508, Indigo Tower in numbers
- Sold 3 times: first on 23 November 2014 for AED 490,382, last on 2 August 2024 for AED 1,300,000 (AED 1,642 per sqft).
- Rented since January 2017 on 7 Ejari contracts, from AED 80,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 12,400 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 2 August 2024.
Questions about 1508, Indigo Tower
What did unit 1508 last sell for?
AED 1,300,000 on 2 August 2024: AED 1,642 per sqft for 792 sqft. The unit has 3 registered sales; the first was AED 490,382 in November 2014.
What is the rent for unit 1508?
AED 45,000 a year on the contract signed on 15 October 2022. The previous contract, from October 2021, was AED 45,000; the unit has been rented since January 2017.
How big is unit 1508?
792 sqft (73.6 sqm): a one-bedroom apartment on the 15th floor of a 32-storey tower completed in 2012.
What is unit 1508 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 1508, Indigo Tower
Starts from the last sale price (AED 1.3M, 2 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →