1603, Indigo Tower
Sold prices and rental history: sold twice, last in October 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Indigo Tower
What is 1603 worth today?
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Source: Dubai Land Department. Updated 7 November 2021.
Key facts
- Type
- Studio apartment
- Size
- 560 sqft
- Floor
- 16th of 32
- Parking
- P - 220
- Developer
- Indigo Valley
- Completed
- 2012
- Service charge
- AED 8,700 /yr
- Last sold
- AED 780K · October 2013
- Building
- Indigo Tower
About 1603, Indigo Tower
1603 is a studio of 560 sqft on the 16th floor of Indigo Tower, a 32-storey tower in Dubailand Residence Complex completed in 2012 by Indigo Valley. It last sold on 2 October 2013 for AED 780,000, or AED 1,393 per sqft, 187% above the AED 485 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 7 November 2021, is AED 39,000 a year: a gross yield of 5.0% on the 2013 price, before the service charge of about AED 8,700 a year.
Sales and rents for 1603 over time
1603 has sold twice; the dashed line is the studio median of each year in the building.
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 1603 sits
All 152 studios →1603 last sold in October 2013 at AED 1,393 per sqft, 187% above what studios in Indigo Tower were fetching at the time (AED 485). 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. 1603's AED 39,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Sep 202623 September 2026 | 625 sqft | 900,000 | 1,440 | ||
| 10 Jun 202610 June 2026 | 560 sqft | 860,000 | 1,536 | ||
| 5 Jun 20265 June 2026 | 560 sqft | 750,000 | 1,340 | ||
| 8 May 20268 May 2026 | 490 sqft | 420,000 | 856 |
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 16th floor
All 407 units in Indigo Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 823 sqft | AED 576KAED 576,143 · Jul 2009July 2009 | 82,688 /yr | |
| 1602 | Studio | 582 sqft | AED 850KAED 850,000 · May 2016May 2016 | 68,000 /yr | |
| 1604 | Studio | 560 sqft | AED 590KAED 590,000 · Feb 2022February 2022 | 77,000 /yr | |
| 1605 | Studio | 582 sqft | AED 424KAED 423,911 · Jul 2009July 2009 | 68,000 /yr | |
| 1606 | 1-bed | 823 sqft | AED 605KAED 604,628 · Aug 2009August 2009 | 78,750 /yr | |
| 1607 | 1-bed | 792 sqft | AED 1.08MAED 1,075,000 · Jun 2016June 2016 | 83,000 /yr | |
| 1608 | 1-bed | 792 sqft | AED 950KAED 950,000 · Feb 2023February 2023 | 95,000 /yr | |
| 1609 | 1-bed | 823 sqft | AED 540KAED 540,381 · Jun 2010June 2010 | 86,000 /yr | |
| 1610 | Studio | 582 sqft | AED 393KAED 392,787 · Jul 2009July 2009 | 70,000 /yr | |
| 1611 | Studio | 560 sqft | AED 980KAED 980,000 · Sep 2014September 2014 | 57,230 /yr | |
| 1612 | Studio | 560 sqft | AED 430KAED 430,000 · Jul 2017July 2017 | 68,000 /yr | |
| 1613 | Studio | 582 sqft | AED 440KAED 440,000 · Sep 2011September 2011 | 116,279 /yr | |
| 1614 | 1-bed | 823 sqft | AED 527KAED 527,081 · Dec 2014December 2014 | 98,000 /yr | |
| 1615 | 1-bed | 792 sqft | AED 1.1MAED 1,100,000 · Dec 2023December 2023 | 105,000 /yr | |
| 1616 | 1-bed | 792 sqft | AED 710KAED 710,000 · Apr 2012April 2012 | 85,000 /yr |
1603, Indigo Tower in numbers
- Sold twice: first on 23 July 2009 for AED 414,873, last on 2 October 2013 for AED 780,000 (AED 1,393 per sqft).
- Rented since February 2014 on 7 Ejari contracts. The rent fell from AED 58,000 to AED 33,000 in 2020 and recovered to AED 39,000 by November 2021.
- At AED 39,000 a year the gross yield on the 2013 price is 5.0%, 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 7 November 2021.
Questions about 1603, Indigo Tower
What did unit 1603 last sell for?
AED 780,000 on 2 October 2013: AED 1,393 per sqft for 560 sqft. The unit has 2 registered sales; the first was AED 414,873 in July 2009.
What is the rent for unit 1603?
AED 39,000 a year on the contract signed on 7 November 2021. The previous contract, from September 2020, was AED 33,000; the unit has been rented since February 2014.
How big is unit 1603?
560 sqft (52.0 sqm): a studio on the 16th floor of a 32-storey tower completed in 2012.
What is unit 1603 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 1603, Indigo Tower
Starts from the last sale price (AED 780K, 2 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 780,000
- Deposit, UAE resident (20%)
- AED 156,000
- Deposit, non-resident (40%)
- AED 312,000
- Monthly over 25 years at 3.7%
- AED 3,191
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →