3-bed · 1,710 sqftIndigo Tower, Dubailand Residence Complex · 27th floor · completed 2012

2701, Indigo Tower

Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2701 · DLD and Ejari recordsUpdated 24 October 2022
Last soldAED 1.53M24 October 2022
Current rentAED 120K /yr23 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2701, Indigo Tower

What is 2701 worth today?

Last sold for AED 1,531,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

24 Oct 2022SoldReady
AED 1,531,000AED 895 per sqft
23 Dec 2021RentedRenewal
AED 120,000/yr12 months · AED 70 per sqft
23 Dec 2020RentedRenewal
AED 120,000/yr12 months · AED 70 per sqft
23 Dec 2019RentedRenewal
AED 120,000/yr12 months · AED 70 per sqft
23 Dec 2018RentedRenewal
AED 135,000/yr12 months · AED 79 per sqft
23 Dec 2017RentedRenewal
AED 150,000/yr12 months · AED 88 per sqft
19 Apr 2017SoldReady
AED 1,100,000AED 643 per sqft
23 Dec 2016RentedNew contract · flagged as an outlier
AED 16,000/yr12 months · AED 9 per sqft

Source: Dubai Land Department. Updated 24 October 2022.

Key facts

Type
3-bed apartment
Size
1,710 sqft
Floor
27th of 32
Parking
B1 - 19- 20
Developer
Indigo Valley
Completed
2012
Service charge
AED 26,700 /yr
Last sold
AED 1.53M · October 2022
Building
Indigo Tower

About 2701, Indigo Tower

2701 is a three-bedroom apartment of 1,710 sqft on the 27th floor of Indigo Tower, a 32-storey tower in Dubailand Residence Complex completed in 2012 by Indigo Valley. It last sold on 24 October 2022 for AED 1,531,000, or AED 895 per sqft, in line with the AED 895 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 23 December 2021, is AED 120,000 a year: a gross yield of 7.8% on the 2022 price, before the service charge of about AED 26,700 a year.

Sales and rents for 2701 over time

Sales
Unit 2701, each saleTypical three-bed in Indigo Tower
1M2M20092013201720212025Typical sale price by year: 2009 AED 1,102,850; 2010 AED 1,179,808; 2012 AED 1,157,799; 2015 AED 2,000,000; 2017 AED 1,547,753; 2018 AED 1,700,000; 2020 AED 1,125,000; 2021 AED 1,350,000; 2022 AED 1,531,000; 2023 AED 1,675,000; 2024 AED 2,225,000Sold by developer, November 2009: AED 582,855 (AED 340 per sqft)Sold, April 2017: AED 1,100,000 (AED 643 per sqft)Sold, October 2022: AED 1,531,000 (AED 895 per sqft)

2701 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2701, each contractTypical three-bed in Indigo Tower
100K150K2012201620202024Typical rent by year: 2012 AED 97,500; 2013 AED 121,500; 2014 AED 127,790; 2015 AED 145,000; 2016 AED 155,000; 2017 AED 146,500; 2018 AED 138,250; 2019 AED 110,000; 2020 AED 92,500; 2021 AED 90,000; 2022 AED 104,750; 2023 AED 120,000; 2024 AED 170,000; 2025 AED 165,000; 2026 AED 150,000New contract, February 2014: AED 140,000 a yearNew contract, December 2015: AED 165,000 a yearNew contract, December 2016: AED 160,000 a yearRenewal, December 2016: AED 160,000 a yearRenewal, December 2017: AED 150,000 a yearRenewal, December 2018: AED 135,000 a yearRenewal, December 2019: AED 120,000 a yearRenewal, December 2020: AED 120,000 a yearRenewal, December 2021: AED 120,000 a year

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

3-beds in Indigo Tower, and where 2701 sits

All 24 3-beds →

2701 last sold in October 2022 at AED 895 per sqft, in line with what three-beds in Indigo Tower were fetching at the time (AED 895). Over the last 12 months three-beds sold for AED 2,600,000 to 2,900,000, around AED 1,614 per sqft, and rent for AED 90,000 to 172,500 a year. 2701's AED 120,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Jan 20262,900,000
22 Jan 20262,600,000
11 Apr 20252,350,000
18 Mar 20252,200,000
2 3-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 27th floor

All 407 units in Indigo Tower
Value
27022-bedAED 1.71M · Oct 2015
27032-bedAED 860K · Nov 2009
27043-bedAED 1.68M · Jan 2023
27053-bedAED 2M · Feb 2018
27062-bedAED 1.6M · May 2024
27072-bedAED 1.45M · Mar 2024
27083-bedAED 1.06M · Aug 2009

2701, Indigo Tower in numbers

  • Sold 3 times: first on 24 November 2009 for AED 582,855, last on 24 October 2022 for AED 1,531,000 (AED 895 per sqft).
  • Rented since February 2014 on 10 Ejari contracts. The rent fell from AED 140,000 to AED 16,000 in 2016 and recovered to AED 120,000 by December 2021.
  • At AED 120,000 a year the gross yield on the 2022 price is 7.8%, before a service charge of about AED 26,700 a year (AED 15.63 per sqft).
  • Three-beds in Indigo Tower sold for AED 2,600,000–2,900,000 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 24 October 2022.

Questions about 2701, Indigo Tower

What did unit 2701 last sell for?

AED 1,531,000 on 24 October 2022: AED 895 per sqft for 1,710 sqft. The unit has 3 registered sales; the first was AED 582,855 in November 2009.

What is the rent for unit 2701?

AED 120,000 a year on the contract renewed on 23 December 2021. The previous contract, from December 2020, was AED 120,000; the unit has been rented since February 2014.

How big is unit 2701?

1,710 sqft (158.9 sqm): a three-bedroom apartment on the 27th floor of a 32-storey tower completed in 2012.

What is unit 2701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Indigo Tower sold for AED 2,600,000 to 2,900,000 in the last 12 months, around AED 1,614 per sqft.

Selling 2701? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2701, Indigo Tower

Starts from the last sale price (AED 1.53M, 24 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,531,000
Deposit, UAE resident (20%)
AED 306,200
Deposit, non-resident (40%)
AED 612,400
Monthly over 25 years at 3.7%
AED 6,264

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