Studio · 560 sqftIndigo Tower, Dubailand Residence Complex · 17th floor · completed 2012

1703, Indigo Tower

Sold prices and rental history: sold once, by the developer in April 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 25 March 2026
Last soldAED 396K14 April 2016
Current rentAED 72K /yr25 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Indigo Tower

What is 1703 worth today?

Last sold for AED 395,877 in 2016

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25 Mar 2026RentedNew contract
AED 72,000/yr12 months · AED 129 per sqft
27 Nov 2023RentedNew contract
AED 64,000/yr12 months · AED 114 per sqft
9 Nov 2022RentedNew contract
AED 55,000/yr12 months · AED 98 per sqft
4 Nov 2021RentedNew contract
AED 42,000/yr12 months · AED 75 per sqft
10 Jun 2021RentedNew contract
AED 35,000/yr12 months · AED 63 per sqft
1 Mar 2020RentedRenewal
AED 40,800/yr10 months · AED 73 per sqft
1 Mar 2019RentedNew contract
AED 52,000/yr12 months · AED 93 per sqft
14 Apr 2016Sold by developerReady
AED 395,877AED 707 per sqft

Source: Dubai Land Department. Updated 25 March 2026.

Key facts

Type
Studio apartment
Size
560 sqft
Floor
17th of 32
Parking
P - 236
Developer
Indigo Valley
Completed
2012
Service charge
AED 8,700 /yr
Last sold
AED 396K · April 2016
Building
Indigo Tower

About 1703, Indigo Tower

1703 is a studio of 560 sqft on the 17th floor of Indigo Tower, a 32-storey tower in Dubailand Residence Complex completed in 2012 by Indigo Valley. The developer sold it on 14 April 2016 for AED 395,877, or AED 707 per sqft, in line with the AED 721 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 25 March 2026, is AED 72,000 a year: a gross yield of 18.2% on the 2016 price, before the service charge of about AED 8,700 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, 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, April 2016: AED 395,877 (AED 707 per sqft)

1703 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1703, 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, February 2015: AED 72,000 a yearNew contract, March 2019: AED 52,000 a yearRenewal, March 2020: AED 40,800 a yearNew contract, June 2021: AED 35,000 a yearNew contract, November 2021: AED 42,000 a yearNew contract, November 2022: AED 55,000 a yearNew contract, November 2023: AED 64,000 a yearNew contract, March 2026: AED 72,000 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 1703 sits

All 152 studios →

1703 last sold in April 2016 at AED 707 per sqft, in line with what studios in Indigo Tower were fetching at the time (AED 721). 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. 1703's AED 72,000 is in the upper 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 17th floor

All 407 units in Indigo Tower
Value
17011-bedAED 475K · Sep 2015
1702StudioAED 600K · Apr 2022
1704StudioAED 800K · Nov 2013
1705StudioAED 427K · Jul 2009
17061-bedAED 1.28M · Jul 2025
17071-bedAED 1.18M · Dec 2013
17081-bedAED 730K · Jul 2012
1–7 of 15

1703, Indigo Tower in numbers

  • Sold once: by Indigo Valley on 14 April 2016 for AED 395,877, or AED 707 per sqft.
  • Rented since February 2015 on 8 Ejari contracts. The rent fell from AED 72,000 to AED 35,000 in 2021 and recovered to AED 72,000 by March 2026.
  • At AED 72,000 a year the gross yield on the 2016 price is 18.2%, 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 25 March 2026.

Questions about 1703, Indigo Tower

What did unit 1703 last sell for?

AED 395,877 on 14 April 2016, sold by the developer: AED 707 per sqft for 560 sqft. It is the only registered sale of the unit.

What is the rent for unit 1703?

AED 72,000 a year on the contract signed on 25 March 2026. The previous contract, from November 2023, was AED 64,000; the unit has been rented since February 2015.

How big is unit 1703?

560 sqft (52.0 sqm): a studio on the 17th floor of a 32-storey tower completed in 2012.

What is unit 1703 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 1703, Indigo Tower

Starts from the last sale price (AED 396K, 14 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 395,877
Deposit, UAE resident (20%)
AED 79,175
Deposit, non-resident (40%)
AED 158,351
Monthly over 25 years at 3.7%
AED 1,620

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