3-bed · 1,703 sqftIndigo Tower, Dubailand Residence Complex · 28th floor · completed 2012

2808, Indigo Tower

Sold prices and rental history: sold twice, last in November 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2808 · DLD and Ejari recordsUpdated 12 August 2021
Last soldAED 1.1M25 November 2020
Current rentAED 35K /yr12 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2808, Indigo Tower

What is 2808 worth today?

Last sold for AED 1,100,000 in 2020

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12 Aug 2021RentedNew contract · flagged as an outlier
AED 35,000/yr12 months · AED 21 per sqft
12 Aug 2021RentedNew contract
AED 35,000/yr12 months · AED 21 per sqft
25 Nov 2020SoldReady
AED 1,100,000AED 645 per sqft
15 Jun 2020RentedNew contract
AED 105,000/yr12 months · AED 62 per sqft
15 Jun 2019RentedNew contract
AED 105,000/yr12 months · AED 62 per sqft
15 Feb 2016RentedRenewal
AED 140,000/yr12 months · AED 82 per sqft
15 Feb 2015RentedRenewal
AED 140,000/yr12 months · AED 82 per sqft
15 Feb 2014RentedNew contract
AED 135,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 12 August 2021.

Key facts

Type
3-bed apartment
Size
1,703 sqft
Floor
28th of 32
Parking
B2 - 27- 28
Developer
Indigo Valley
Completed
2012
Service charge
AED 26,600 /yr
Last sold
AED 1.1M · November 2020
Building
Indigo Tower

About 2808, Indigo Tower

2808 is a three-bedroom apartment of 1,703 sqft on the 28th floor of Indigo Tower, a 32-storey tower in Dubailand Residence Complex completed in 2012 by Indigo Valley. It last sold on 25 November 2020 for AED 1,100,000, or AED 645 per sqft, in line with the AED 645 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 12 August 2021, is AED 35,000 a year: a gross yield of 3.2% on the 2020 price, before the service charge of about AED 26,600 a year.

Sales and rents for 2808 over time

Sales
Unit 2808, 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, July 2010: AED 1,057,027 (AED 620 per sqft)Sold, November 2020: AED 1,100,000 (AED 645 per sqft)

2808 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2808, each contractTypical three-bed in Indigo Tower
100K2012201620202024Typical 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 2013: AED 130,000 a yearNew contract, February 2014: AED 135,000 a yearRenewal, February 2015: AED 140,000 a yearRenewal, February 2016: AED 140,000 a yearNew contract, June 2019: AED 105,000 a yearNew contract, June 2020: AED 105,000 a yearNew contract, August 2021: AED 35,000 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 2808 sits

All 24 3-beds →

2808 last sold in November 2020 at AED 645 per sqft, in line with what three-beds in Indigo Tower were fetching at the time (AED 645). 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. 2808's AED 35,000 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 28th floor

All 407 units in Indigo Tower
Value
28013-bedAED 1.76M · Mar 2023
28022-bedAED 833K · Dec 2009
28032-bedAED 1.3M · Feb 2023
28043-bedAED 1.53M · May 2012
28053-bedAED 2.29M · Jun 2024
28062-bedAED 756K · Jan 2015
28072-bedAED 831K · Mar 2010

2808, Indigo Tower in numbers

  • Sold twice: first on 6 July 2010 for AED 1,057,027, last on 25 November 2020 for AED 1,100,000 (AED 645 per sqft).
  • Rented since February 2013 on 8 Ejari contracts, from AED 130,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2020 price is 3.2%, before a service charge of about AED 26,600 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 12 August 2021.

Questions about 2808, Indigo Tower

What did unit 2808 last sell for?

AED 1,100,000 on 25 November 2020: AED 645 per sqft for 1,703 sqft. The unit has 2 registered sales; the first was AED 1,057,027 in July 2010.

What is the rent for unit 2808?

AED 35,000 a year on the contract signed on 12 August 2021. The previous contract, from August 2021, was AED 35,000; the unit has been rented since February 2013.

How big is unit 2808?

1,703 sqft (158.2 sqm): a three-bedroom apartment on the 28th floor of a 32-storey tower completed in 2012.

What is unit 2808 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 2808, Indigo Tower

Starts from the last sale price (AED 1.1M, 25 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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