1-bed · 788 sqftIndigo Tower, Dubailand Residence Complex · 19th floor · completed 2012

1916, Indigo Tower

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1916 · DLD and Ejari recordsUpdated 8 August 2024
Last soldAED 1.2M8 August 2024
Current rentAED 40K /yr14 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1916, Indigo Tower

What is 1916 worth today?

Last sold for AED 1,200,000 in 2024

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8 Aug 2024SoldReady
AED 1,200,000AED 1,522 per sqft
14 Feb 2024RentedRenewal
AED 40,000/yr24 months · AED 51 per sqft
14 Feb 2022RentedNew contract
AED 40,000/yr24 months · AED 51 per sqft
14 Dec 2021SoldReady
AED 800,000AED 1,015 per sqft
2 Oct 2020RentedRenewal
AED 48,000/yr12 months · AED 61 per sqft
2 Oct 2019RentedNew contract
AED 55,000/yr12 months · AED 70 per sqft
25 Aug 2018RentedRenewal
AED 87,000/yr12 months · AED 111 per sqft
25 Jul 2017RentedRenewal
AED 93,000/yr13 months · AED 118 per sqft

Source: Dubai Land Department. Updated 8 August 2024.

Key facts

Type
1-bed apartment
Size
788 sqft
Floor
19th of 32
Parking
P - 281
Developer
Indigo Valley
Completed
2012
Service charge
AED 12,300 /yr
Last sold
AED 1.2M · August 2024
Building
Indigo Tower

About 1916, Indigo Tower

1916 is a one-bedroom apartment of 788 sqft on the 19th floor of Indigo Tower, a 32-storey tower in Dubailand Residence Complex completed in 2012 by Indigo Valley. It last sold on 8 August 2024 for AED 1,200,000, or AED 1,522 per sqft, 12% above the AED 1,362 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 14 February 2024, is AED 40,000 a year: a gross yield of 3.3% on the 2024 price, before the service charge of about AED 12,300 a year.

Sales and rents for 1916 over time

Sales
Unit 1916, 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, August 2009: AED 539,202 (AED 684 per sqft)Sold, December 2021: AED 800,000 (AED 1,015 per sqft)Sold, August 2024: AED 1,200,000 (AED 1,522 per sqft)

1916 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1916, 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, April 2012: AED 62,000 a yearNew contract, July 2013: AED 80,000 a yearRenewal, July 2014: AED 86,000 a yearNew contract, July 2015: AED 90,000 a yearRenewal, July 2016: AED 92,000 a yearRenewal, July 2017: AED 93,000 a yearRenewal, August 2018: AED 87,000 a yearNew contract, October 2019: AED 55,000 a yearRenewal, October 2020: AED 48,000 a yearNew contract, February 2022: AED 40,000 a yearRenewal, February 2024: AED 40,000 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 1916 sits

All 167 1-beds →

1916 last sold in August 2024 at AED 1,522 per sqft, 12% above what one-beds in Indigo Tower were fetching at the time (AED 1,362). 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. 1916's AED 40,000 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 19th floor

All 407 units in Indigo Tower
Value
19011-bedAED 885K · Jun 2022
1902StudioAED 300K · Mar 2022
1903StudioAED 485K · Jul 2014
1904StudioAED 550K · Feb 2021
1905StudioAED 600K · Jun 2021
19061-bedAED 580K · Mar 2010
19071-bedAED 488K · Nov 2010
1–7 of 15

1916, Indigo Tower in numbers

  • Sold 3 times: first on 11 August 2009 for AED 539,202, last on 8 August 2024 for AED 1,200,000 (AED 1,522 per sqft).
  • Rented since April 2012 on 11 Ejari contracts, from AED 62,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 3.3%, before a service charge of about AED 12,300 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 8 August 2024.

Questions about 1916, Indigo Tower

What did unit 1916 last sell for?

AED 1,200,000 on 8 August 2024: AED 1,522 per sqft for 788 sqft. The unit has 3 registered sales; the first was AED 539,202 in August 2009.

What is the rent for unit 1916?

AED 40,000 a year on the contract renewed on 14 February 2024. The previous contract, from February 2022, was AED 40,000; the unit has been rented since April 2012.

How big is unit 1916?

788 sqft (73.2 sqm): a one-bedroom apartment on the 19th floor of a 32-storey tower completed in 2012.

What is unit 1916 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 1916, Indigo Tower

Starts from the last sale price (AED 1.2M, 8 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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