Studio · 445 sqftIndigo Tower, Dubailand Residence Complex · 3rd floor · completed 2012

309, Indigo Tower

Sold prices and rental history: sold 4 times, last in August 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 19 August 2024
Last soldAED 300K19 August 2024
Current rentAED 25K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Indigo Tower

What is 309 worth today?

Last sold for AED 300,000 in 2024

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19 Aug 2024SoldReady
AED 300,000AED 674 per sqft
15 Oct 2023RentedRenewal
AED 25,000/yr12 months · AED 57 per sqft
15 Oct 2022RentedNew contract
AED 22,000/yr12 months · AED 50 per sqft
10 Aug 2018RentedNew contract
AED 28,000/yr12 months · AED 63 per sqft
1 Dec 2016RentedNew contract
AED 38,000/yr12 months · AED 85 per sqft
1 Nov 2014RentedNew contract
AED 25,300/yr12 months · AED 57 per sqft
26 Nov 2013SoldReady
AED 331,593AED 745 per sqft
22 Apr 2013SoldReady
AED 318,065AED 715 per sqft

Source: Dubai Land Department. Updated 19 August 2024.

Key facts

Type
Studio apartment
Size
445 sqft
Floor
3rd of 32
Parking
B1-15
Developer
Indigo Valley
Completed
2012
Service charge
AED 7,000 /yr
Last sold
AED 300K · August 2024
Building
Indigo Tower

About 309, Indigo Tower

309 is a studio of 445 sqft on the 3rd floor of Indigo Tower, a 32-storey tower in Dubailand Residence Complex completed in 2012 by Indigo Valley. It last sold on 19 August 2024 for AED 300,000, or AED 674 per sqft, 48% below the AED 1,304 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 15 October 2023, is AED 25,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 7,000 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical studio in Indigo Tower
250K500K750K2009201420192024Typical sale price by year: 2009 AED 402,650; 2010 AED 405,967; 2011 AED 414,264; 2012 AED 404,553; 2013 AED 295,837; 2014 AED 392,998; 2015 AED 377,906; 2016 AED 400,000; 2017 AED 800,000; 2019 AED 625,000; 2021 AED 560,000; 2022 AED 582,500; 2023 AED 349,230; 2024 AED 730,000; 2025 AED 365,000; 2026 AED 617,500Sold by developer, September 2009: AED 318,065 (AED 715 per sqft)Sold, April 2013: AED 318,065 (AED 715 per sqft)Sold, November 2013: AED 331,593 (AED 745 per sqft)Sold, August 2024: AED 300,000 (AED 674 per sqft)

309 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 309, each contractTypical studio in Indigo Tower
20K40K60K2012201620202024Typical rent by year: 2012 AED 35,000; 2013 AED 55,000; 2014 AED 57,831; 2015 AED 61,925; 2016 AED 39,600; 2017 AED 38,800; 2018 AED 40,000; 2019 AED 46,500; 2020 AED 31,000; 2021 AED 24,545; 2022 AED 24,000; 2023 AED 28,095; 2024 AED 31,950; 2025 AED 35,000; 2026 AED 53,000New contract, November 2014: AED 25,300 a yearNew contract, December 2016: AED 38,000 a yearNew contract, August 2018: AED 28,000 a yearNew contract, October 2022: AED 22,000 a yearRenewal, October 2023: AED 25,000 a year

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

Studios in Indigo Tower, and where 309 sits

All 152 studios →

309 last sold in August 2024 at AED 674 per sqft, 48% below what studios in Indigo Tower were fetching at the time (AED 1,304). Over the last 12 months studios sold for AED 365,000 to 900,000, around AED 921 per sqft, and rent for AED 27,000 to 116,279 a year. 309's AED 25,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Sep 2026900,000
10 Jun 2026860,000
5 Jun 2026750,000
8 May 2026420,000
12 studio 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 3rd floor

All 407 units in Indigo Tower
Value
301StudioAED 314K · Apr 2013
302StudioAED 350K · Mar 2025
3031-bedAED 344K · Apr 2013
3041-bedAED 385K · Sep 2013
3051-bedAED 379K · Jul 2013
306StudioAED 485K · Feb 2026
3072-bedAED 690K · Aug 2025
1–7 of 16

309, Indigo Tower in numbers

  • Sold 4 times: first on 30 September 2009 for AED 318,065, last on 19 August 2024 for AED 300,000 (AED 674 per sqft).
  • Rented since November 2014 on 5 Ejari contracts. The rent fell from AED 25,300 to AED 22,000 in 2022 and recovered to AED 25,000 by October 2023.
  • At AED 25,000 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 7,000 a year (AED 15.63 per sqft).
  • Studios in Indigo Tower sold for AED 365,000–900,000 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 19 August 2024.

Questions about 309, Indigo Tower

What did unit 309 last sell for?

AED 300,000 on 19 August 2024: AED 674 per sqft for 445 sqft. The unit has 4 registered sales; the first was AED 318,065 in September 2009.

What is the rent for unit 309?

AED 25,000 a year on the contract renewed on 15 October 2023. The previous contract, from October 2022, was AED 22,000; the unit has been rented since November 2014.

How big is unit 309?

445 sqft (41.3 sqm): a studio on the 3rd floor of a 32-storey tower completed in 2012.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Indigo Tower sold for AED 365,000 to 900,000 in the last 12 months, around AED 921 per sqft.

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Mortgage on 309, Indigo Tower

Starts from the last sale price (AED 300K, 19 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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