1-bed · 792 sqftIndigo Tower, Dubailand Residence Complex · 20th floor · completed 2012

2016, Indigo Tower

Sold prices and rental history: sold twice, last in January 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2016 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 1.12M17 January 2017
Current rentAED 85K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2016, Indigo Tower

What is 2016 worth today?

Last sold for AED 1,120,000 in 2017

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10 Sep 2024RentedNew contract
AED 85,000/yr12 months · AED 107 per sqft
17 Sep 2021RentedNew contract
AED 48,000/yr12 months · AED 60 per sqft
17 Jan 2017SoldReady
AED 1,120,000AED 1,414 per sqft
1 Oct 2014RentedNew contract
AED 92,000/yr12 months · AED 115 per sqft
1 Oct 2013RentedNew contract
AED 75,000/yr12 months · AED 94 per sqft
8 Sep 2009Sold by developerReady
AED 535,005AED 675 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
1-bed apartment
Size
792 sqft
Floor
20th of 32
Parking
P - 299
Developer
Indigo Valley
Completed
2012
Service charge
AED 12,400 /yr
Last sold
AED 1.12M · January 2017
Building
Indigo Tower

About 2016, Indigo Tower

2016 is a one-bedroom apartment of 792 sqft on the 20th floor of Indigo Tower, a 32-storey tower in Dubailand Residence Complex completed in 2012 by Indigo Valley. It last sold on 17 January 2017 for AED 1,120,000, or AED 1,414 per sqft, in line with the AED 1,382 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 10 September 2024, is AED 85,000 a year: a gross yield of 7.6% on the 2017 price, before the service charge of about AED 12,400 a year.

Sales and rents for 2016 over time

Sales
Unit 2016, 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, September 2009: AED 535,005 (AED 675 per sqft)Sold, January 2017: AED 1,120,000 (AED 1,414 per sqft)

2016 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2016, each contractTypical one-bed in Indigo Tower
60K80K2012201620202024Typical 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, October 2013: AED 75,000 a yearNew contract, October 2014: AED 92,000 a yearNew contract, September 2021: AED 48,000 a yearNew contract, September 2024: AED 85,000 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 2016 sits

All 167 1-beds →

2016 last sold in January 2017 at AED 1,414 per sqft, in line with what one-beds in Indigo Tower were fetching at the time (AED 1,382). 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. 2016's AED 85,000 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 20th floor

All 407 units in Indigo Tower
Value
2002StudioAED 650K · Feb 2023
2003StudioAED 410K · Aug 2009
2004StudioAED 197K · Aug 2012
2005StudioAED 800K · Apr 2017
20061-bedAED 587K · Aug 2009
20071-bedAED 568K · Jul 2009
20081-bedAED 502K · May 2013
1–7 of 14

2016, Indigo Tower in numbers

  • Sold twice: first on 8 September 2009 for AED 535,005, last on 17 January 2017 for AED 1,120,000 (AED 1,414 per sqft).
  • Rented since October 2013 on 4 Ejari contracts. The rent fell from AED 75,000 to AED 48,000 in 2021 and recovered to AED 85,000 by September 2024.
  • At AED 85,000 a year the gross yield on the 2017 price is 7.6%, 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 10 September 2024.

Questions about 2016, Indigo Tower

What did unit 2016 last sell for?

AED 1,120,000 on 17 January 2017: AED 1,414 per sqft for 792 sqft. The unit has 2 registered sales; the first was AED 535,005 in September 2009.

What is the rent for unit 2016?

AED 85,000 a year on the contract signed on 10 September 2024. The previous contract, from September 2021, was AED 48,000; the unit has been rented since October 2013.

How big is unit 2016?

792 sqft (73.6 sqm): a one-bedroom apartment on the 20th floor of a 32-storey tower completed in 2012.

What is unit 2016 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 2016, Indigo Tower

Starts from the last sale price (AED 1.12M, 17 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,000
Deposit, UAE resident (20%)
AED 224,000
Deposit, non-resident (40%)
AED 448,000
Monthly over 25 years at 3.7%
AED 4,582

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