Studio · 647 sqftIndigo Tower, Dubailand Residence Complex · 4th floor · completed 2012

401, Indigo Tower

Sold prices and rental history: sold once, by the developer in April 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 314K28 April 2013
Current rentAED 29K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Indigo Tower

What is 401 worth today?

Last sold for AED 314,018 in 2013

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1 Jul 2024RentedRenewal
AED 28,500/yr12 months · AED 44 per sqft
1 Jul 2023RentedRenewal
AED 24,750/yr12 months · AED 38 per sqft
1 Jul 2022RentedRenewal
AED 22,500/yr12 months · AED 35 per sqft
1 Jul 2021RentedNew contract
AED 22,500/yr12 months · AED 35 per sqft
1 Jun 2020RentedRenewal
AED 23,000/yr12 months · AED 36 per sqft
1 Jun 2019RentedRenewal
AED 33,600/yr12 months · AED 52 per sqft
1 Jun 2018RentedNew contract
AED 32,000/yr12 months · AED 49 per sqft
19 Jan 2017RentedNew contract
AED 37,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
Studio apartment
Size
647 sqft
Floor
4th of 32
Parking
B1-24
Developer
Indigo Valley
Completed
2012
Service charge
AED 10,100 /yr
Last sold
AED 314K · April 2013
Building
Indigo Tower

About 401, Indigo Tower

401 is a studio of 647 sqft on the 4th floor of Indigo Tower, a 32-storey tower in Dubailand Residence Complex completed in 2012 by Indigo Valley. The developer sold it on 28 April 2013 for AED 314,018, or AED 485 per sqft, 24% below the AED 638 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 28,500 a year: a gross yield of 9.1% on the 2013 price, before the service charge of about AED 10,100 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, April 2013: AED 314,018 (AED 485 per sqft)

401 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 401, 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, January 2017: AED 37,000 a yearNew contract, June 2018: AED 32,000 a yearRenewal, June 2019: AED 33,600 a yearRenewal, June 2020: AED 23,000 a yearNew contract, July 2021: AED 22,500 a yearRenewal, July 2022: AED 22,500 a yearRenewal, July 2023: AED 24,750 a yearRenewal, July 2024: AED 28,500 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 401 sits

All 152 studios →

401 last sold in April 2013 at AED 485 per sqft, 24% below what studios in Indigo Tower were fetching at the time (AED 638). 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. 401's AED 28,500 is in the lower half 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 4th floor

All 407 units in Indigo Tower
Value
402StudioAED 270K · Jul 2013
4031-bedAED 390K · Jul 2013
4041-bedAED 500K · Jun 2026
4051-bedAED 334K · Apr 2013
406StudioAED 396K · Sep 2025
4072-bedAED 695K · Oct 2025
408StudioAED 210K · Jun 2022
1–7 of 16

401, Indigo Tower in numbers

  • Sold once: by Indigo Valley on 28 April 2013 for AED 314,018, or AED 485 per sqft.
  • Rented since January 2017 on 8 Ejari contracts. The rent fell from AED 37,000 to AED 22,500 in 2022 and recovered to AED 28,500 by July 2024.
  • At AED 28,500 a year the gross yield on the 2013 price is 9.1%, before a service charge of about AED 10,100 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 1 July 2024.

Questions about 401, Indigo Tower

What did unit 401 last sell for?

AED 314,018 on 28 April 2013, sold by the developer: AED 485 per sqft for 647 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 28,500 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 24,750; the unit has been rented since January 2017.

How big is unit 401?

647 sqft (60.1 sqm): a studio on the 4th floor of a 32-storey tower completed in 2012.

What is unit 401 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 401, Indigo Tower

Starts from the last sale price (AED 314K, 28 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 314,018
Deposit, UAE resident (20%)
AED 62,804
Deposit, non-resident (40%)
AED 125,607
Monthly over 25 years at 3.7%
AED 1,285

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