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

2704, Indigo Tower

Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 26 January 2023
Last soldAED 1.68M26 January 2023
Current rentAED 110K /yr10 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, Indigo Tower

What is 2704 worth today?

Last sold for AED 1,675,000 in 2023

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26 Jan 2023SoldReady
AED 1,675,000AED 979 per sqft
10 Mar 2022RentedNew contract
AED 110,000/yr12 months · AED 64 per sqft
21 Dec 2018RentedNew contract
AED 120,000/yr12 months · AED 70 per sqft
18 Dec 2017RentedNew contract
AED 130,000/yr12 months · AED 76 per sqft
1 Sep 2015RentedRenewal
AED 138,600/yr12 months · AED 81 per sqft
1 Sep 2014RentedNew contract
AED 120,000/yr12 months · AED 70 per sqft
1 Sep 2013RentedNew contract
AED 120,000/yr12 months · AED 70 per sqft
1 Sep 2012RentedNew contract
AED 107,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 26 January 2023.

Key facts

Type
3-bed apartment
Size
1,710 sqft
Floor
27th of 32
Parking
B2 - 6- 7
Developer
Indigo Valley
Completed
2012
Service charge
AED 26,700 /yr
Last sold
AED 1.68M · January 2023
Building
Indigo Tower

About 2704, Indigo Tower

2704 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 26 January 2023 for AED 1,675,000, or AED 979 per sqft, 6% above the AED 921 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 10 March 2022, is AED 110,000 a year: a gross yield of 6.6% on the 2023 price, before the service charge of about AED 26,700 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, 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, October 2009: AED 1,012,952 (AED 592 per sqft)Sold, January 2023: AED 1,675,000 (AED 979 per sqft)

2704 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2704, 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, September 2012: AED 107,000 a yearNew contract, September 2013: AED 120,000 a yearNew contract, September 2014: AED 120,000 a yearRenewal, September 2015: AED 138,600 a yearNew contract, December 2017: AED 130,000 a yearNew contract, December 2018: AED 120,000 a yearNew contract, March 2022: AED 110,000 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 2704 sits

All 24 3-beds →

2704 last sold in January 2023 at AED 979 per sqft, 6% above what three-beds in Indigo Tower were fetching at the time (AED 921). 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. 2704's AED 110,000 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 67K /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
27013-bedAED 1.53M · Oct 2022
27022-bedAED 1.71M · Oct 2015
27032-bedAED 860K · Nov 2009
27053-bedAED 2M · Feb 2018
27062-bedAED 1.6M · May 2024
27072-bedAED 1.45M · Mar 2024
27083-bedAED 1.06M · Aug 2009

2704, Indigo Tower in numbers

  • Sold twice: first on 12 October 2009 for AED 1,012,952, last on 26 January 2023 for AED 1,675,000 (AED 979 per sqft).
  • Rented since September 2012 on 7 Ejari contracts, from AED 107,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 6.6%, 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 26 January 2023.

Questions about 2704, Indigo Tower

What did unit 2704 last sell for?

AED 1,675,000 on 26 January 2023: AED 979 per sqft for 1,710 sqft. The unit has 2 registered sales; the first was AED 1,012,952 in October 2009.

What is the rent for unit 2704?

AED 110,000 a year on the contract signed on 10 March 2022. The previous contract, from December 2018, was AED 120,000; the unit has been rented since September 2012.

How big is unit 2704?

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 2704 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.

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Mortgage on 2704, Indigo Tower

Starts from the last sale price (AED 1.68M, 26 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,675,000
Deposit, UAE resident (20%)
AED 335,000
Deposit, non-resident (40%)
AED 670,000
Monthly over 25 years at 3.7%
AED 6,853

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