2-bed · 1,202 sqftIndigo Tower, Dubailand Residence Complex · 24th floor · completed 2012

2403, Indigo Tower

Sold prices and rental history: sold twice, last in November 2016, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 21 November 2016
Last soldAED 1.57M21 November 2016
Current rentAED 125K /yr1 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, Indigo Tower

What is 2403 worth today?

Last sold for AED 1,570,000 in 2016

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21 Nov 2016SoldReady
AED 1,570,000AED 1,305 per sqft
1 Apr 2015RentedNew contract
AED 125,000/yr12 months · AED 104 per sqft
11 Aug 2013RentedNew contract
AED 90,000/yr12 months · AED 75 per sqft
11 Aug 2012RentedNew contract
AED 90,000/yr12 months · AED 75 per sqft
30 Jul 2009Sold by developerReady
AED 803,477AED 668 per sqft

Source: Dubai Land Department. Updated 21 November 2016.

Key facts

Type
2-bed apartment
Size
1,202 sqft
Floor
24th of 32
Parking
P - 339
Developer
Indigo Valley
Completed
2012
Service charge
AED 18,800 /yr
Last sold
AED 1.57M · November 2016
Building
Indigo Tower

About 2403, Indigo Tower

2403 is a two-bedroom apartment of 1,202 sqft on the 24th floor of Indigo Tower, a 32-storey tower in Dubailand Residence Complex completed in 2012 by Indigo Valley. It last sold on 21 November 2016 for AED 1,570,000, or AED 1,305 per sqft, 22% above the AED 1,068 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 1 April 2015, is AED 125,000 a year: a gross yield of 8.0% on the 2016 price, before the service charge of about AED 18,800 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, each saleTypical two-bed in Indigo Tower
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 820,762; 2010 AED 846,437; 2011 AED 834,870; 2012 AED 900,000; 2013 AED 791,237; 2014 AED 823,788; 2015 AED 1,265,381; 2016 AED 1,550,000; 2021 AED 920,000; 2022 AED 1,235,000; 2023 AED 629,230; 2024 AED 1,250,000; 2025 AED 695,000Sold by developer, July 2009: AED 803,477 (AED 668 per sqft)Sold, November 2016: AED 1,570,000 (AED 1,305 per sqft)

2403 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2403, each contractTypical two-bed in Indigo Tower
50K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 95,000; 2014 AED 102,000; 2015 AED 122,500; 2016 AED 116,500; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 78,000; 2020 AED 60,829; 2021 AED 65,000; 2022 AED 75,000; 2023 AED 85,000; 2024 AED 89,000; 2025 AED 115,000; 2026 AED 109,586New contract, August 2012: AED 90,000 a yearNew contract, August 2013: AED 90,000 a yearNew contract, April 2015: AED 125,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Indigo Tower, and where 2403 sits

All 60 2-beds →

2403 last sold in November 2016 at AED 1,305 per sqft, 22% above what two-beds in Indigo Tower were fetching at the time (AED 1,068). Over the last 12 months two-beds sold for AED 694,000 to 1,810,000, around AED 1,488 per sqft, and rent for AED 30,000 to 130,000 a year. 2403's AED 125,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Mar 20261,810,000
14 Jan 20261,800,000
12 Dec 2025694,000
29 Oct 2025695,000
3 2-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 24th floor

All 407 units in Indigo Tower
Value
24011-bedAED 535K · Oct 2020
24022-bedAED 866K · Oct 2009
24041-bedAED 990K · Oct 2022
24051-bedAED 1.08M · May 2026
24061-bedAED 243K · May 2014
24071-bedAED 995K · Sep 2023
24082-bedAED 920K · Jun 2021
1–7 of 11

2403, Indigo Tower in numbers

  • Sold twice: first on 30 July 2009 for AED 803,477, last on 21 November 2016 for AED 1,570,000 (AED 1,305 per sqft).
  • Rented since August 2012 on 3 Ejari contracts, from AED 90,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2016 price is 8.0%, before a service charge of about AED 18,800 a year (AED 15.63 per sqft).
  • Two-beds in Indigo Tower sold for AED 694,000–1,810,000 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 21 November 2016.

Questions about 2403, Indigo Tower

What did unit 2403 last sell for?

AED 1,570,000 on 21 November 2016: AED 1,305 per sqft for 1,202 sqft. The unit has 2 registered sales; the first was AED 803,477 in July 2009.

What is the rent for unit 2403?

AED 125,000 a year on the contract signed on 1 April 2015. The previous contract, from August 2013, was AED 90,000; the unit has been rented since August 2012.

How big is unit 2403?

1,202 sqft (111.7 sqm): a two-bedroom apartment on the 24th floor of a 32-storey tower completed in 2012.

What is unit 2403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Indigo Tower sold for AED 694,000 to 1,810,000 in the last 12 months, around AED 1,488 per sqft.

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Mortgage on 2403, Indigo Tower

Starts from the last sale price (AED 1.57M, 21 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,570,000
Deposit, UAE resident (20%)
AED 314,000
Deposit, non-resident (40%)
AED 628,000
Monthly over 25 years at 3.7%
AED 6,423

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