3-bed · 1,702 sqftIndigo Tower, Dubailand Residence Complex · 29th floor · completed 2012

2908, Indigo Tower

Sold prices and rental history: sold twice, last in February 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2908 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 1.8M7 February 2017
Current rentAED 35K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2908, Indigo Tower

What is 2908 worth today?

Last sold for AED 1,800,000 in 2017

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1 Nov 2024RentedRenewal · flagged as an outlier
AED 35,000/yr12 months · AED 21 per sqft
1 Nov 2024RentedRenewal
AED 35,000/yr12 months · AED 21 per sqft
1 Nov 2023RentedRenewal · flagged as an outlier
AED 35,000/yr12 months · AED 21 per sqft
1 Nov 2023RentedRenewal
AED 35,000/yr12 months · AED 21 per sqft
1 Nov 2022RentedNew contract · flagged as an outlier
AED 35,000/yr12 months · AED 21 per sqft
1 Nov 2022RentedNew contract
AED 35,000/yr12 months · AED 21 per sqft
15 Nov 2020RentedRenewal
AED 80,000/yr12 months · AED 47 per sqft
15 Nov 2019RentedNew contract
AED 80,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
3-bed apartment
Size
1,702 sqft
Floor
29th of 32
Parking
B2 - 39- 40
Developer
Indigo Valley
Completed
2012
Service charge
AED 26,600 /yr
Last sold
AED 1.8M · February 2017
Building
Indigo Tower

About 2908, Indigo Tower

2908 is a three-bedroom apartment of 1,702 sqft on the 29th floor of Indigo Tower, a 32-storey tower in Dubailand Residence Complex completed in 2012 by Indigo Valley. It last sold on 7 February 2017 for AED 1,800,000, or AED 1,057 per sqft.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 35,000 a year: a gross yield of 1.9% on the 2017 price, before the service charge of about AED 26,600 a year.

Sales and rents for 2908 over time

Sales
Unit 2908, 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 2009: AED 1,195,197 (AED 702 per sqft)Sold, February 2017: AED 1,800,000 (AED 1,057 per sqft)

2908 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2908, 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, November 2019: AED 80,000 a yearRenewal, November 2020: AED 80,000 a yearNew contract, November 2022: AED 35,000 a yearRenewal, November 2023: AED 35,000 a yearRenewal, November 2024: 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 2908 sits

All 24 3-beds →

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. 2908'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 29th floor

All 407 units in Indigo Tower
Value
29013-bedAED 1.25M · Jan 2021
29022-bedAED 873K · Jul 2009
29032-bedAED 1.5M · Jul 2024
29043-bedAED 2M · Nov 2015
29053-bedAED 1.88M · Sep 2017
29062-bedAED 1.25M · Apr 2013
29072-bedAED 911K · Mar 2010

2908, Indigo Tower in numbers

  • Sold twice: first on 15 July 2009 for AED 1,195,197, last on 7 February 2017 for AED 1,800,000 (AED 1,057 per sqft).
  • Rented since November 2019 on 8 Ejari contracts, from AED 80,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2017 price is 1.9%, 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 1 November 2024.

Questions about 2908, Indigo Tower

What did unit 2908 last sell for?

AED 1,800,000 on 7 February 2017: AED 1,057 per sqft for 1,702 sqft. The unit has 2 registered sales; the first was AED 1,195,197 in July 2009.

What is the rent for unit 2908?

AED 35,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2024, was AED 35,000; the unit has been rented since November 2019.

How big is unit 2908?

1,702 sqft (158.1 sqm): a three-bedroom apartment on the 29th floor of a 32-storey tower completed in 2012.

What is unit 2908 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 2908, Indigo Tower

Starts from the last sale price (AED 1.8M, 7 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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