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

2705, Indigo Tower

Sold prices and rental history: sold 3 times, last in February 2018, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2705 · DLD and Ejari recordsUpdated 21 February 2018
Last soldAED 2M21 February 2018
Current rentAED 90K /yr1 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2705, Indigo Tower

What is 2705 worth today?

Last sold for AED 2,000,000 in 2018

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21 Feb 2018SoldReady
AED 2,000,000AED 1,169 per sqft
1 Dec 2017RentedRenewal
AED 90,000/yr36 months · AED 53 per sqft
1 Dec 2014RentedNew contract
AED 90,000/yr36 months · AED 53 per sqft
23 Jul 2013SoldReady
AED 2,000,000AED 1,169 per sqft
1 Dec 2012RentedNew contract
AED 90,000/yr24 months · AED 53 per sqft
2 Aug 2009Sold by developerReady
AED 1,032,839AED 604 per sqft

Source: Dubai Land Department. Updated 21 February 2018.

Key facts

Type
3-bed apartment
Size
1,710 sqft
Floor
27th of 32
Parking
B2 - 8- 9
Developer
Indigo Valley
Completed
2012
Service charge
AED 26,700 /yr
Last sold
AED 2M · February 2018
Building
Indigo Tower

About 2705, Indigo Tower

2705 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 21 February 2018 for AED 2,000,000, or AED 1,169 per sqft, 41% above the AED 832 three-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, renewed on 1 December 2017, is AED 90,000 a year: a gross yield of 4.5% on the 2018 price, before the service charge of about AED 26,700 a year.

Sales and rents for 2705 over time

Sales
Unit 2705, 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, August 2009: AED 1,032,839 (AED 604 per sqft)Sold, July 2013: AED 2,000,000 (AED 1,169 per sqft)Sold, February 2018: AED 2,000,000 (AED 1,169 per sqft)

2705 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2705, 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, December 2012: AED 90,000 a yearNew contract, December 2014: AED 90,000 a yearRenewal, December 2017: AED 90,000 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 2705 sits

All 24 3-beds →

2705 last sold in February 2018 at AED 1,169 per sqft, 41% above what three-beds in Indigo Tower were fetching at the time (AED 832). 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. 2705's AED 90,000 is at the bottom 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
27013-bedAED 1.53M · Oct 2022
27022-bedAED 1.71M · Oct 2015
27032-bedAED 860K · Nov 2009
27043-bedAED 1.68M · Jan 2023
27062-bedAED 1.6M · May 2024
27072-bedAED 1.45M · Mar 2024
27083-bedAED 1.06M · Aug 2009

2705, Indigo Tower in numbers

  • Sold 3 times: first on 2 August 2009 for AED 1,032,839, last on 21 February 2018 for AED 2,000,000 (AED 1,169 per sqft).
  • Rented since December 2012 on 3 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2018 price is 4.5%, 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 21 February 2018.

Questions about 2705, Indigo Tower

What did unit 2705 last sell for?

AED 2,000,000 on 21 February 2018: AED 1,169 per sqft for 1,710 sqft. The unit has 3 registered sales; the first was AED 1,032,839 in August 2009.

What is the rent for unit 2705?

AED 90,000 a year on the contract renewed on 1 December 2017. The previous contract, from December 2014, was AED 90,000; the unit has been rented since December 2012.

How big is unit 2705?

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 2705 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 2705, Indigo Tower

Starts from the last sale price (AED 2M, 21 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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