Studio · 490 sqftIndigo Tower, Dubailand Residence Complex · 5th floor · completed 2012

502, Indigo Tower

Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 14 May 2025
Last soldAED 217K29 July 2013
Current rentAED 28K /yr14 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Indigo Tower

What is 502 worth today?

Last sold for AED 217,087 in 2013

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14 May 2025RentedRenewal
AED 28,000/yr12 months · AED 57 per sqft
14 May 2024RentedRenewal
AED 28,000/yr12 months · AED 57 per sqft
14 May 2023RentedRenewal
AED 23,000/yr12 months · AED 47 per sqft
14 May 2022RentedNew contract
AED 20,000/yr12 months · AED 41 per sqft
1 May 2021RentedNew contract
AED 18,000/yr12 months · AED 37 per sqft
15 Nov 2018RentedNew contract
AED 30,000/yr12 months · AED 61 per sqft
1 Nov 2017RentedNew contract
AED 33,000/yr12 months · AED 67 per sqft
1 Nov 2016RentedNew contract
AED 32,800/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 14 May 2025.

Key facts

Type
Studio apartment
Size
490 sqft
Floor
5th of 32
Parking
B1-42
Developer
Indigo Valley
Completed
2012
Service charge
AED 7,700 /yr
Last sold
AED 217K · July 2013
Building
Indigo Tower

About 502, Indigo Tower

502 is a studio of 490 sqft on the 5th floor of Indigo Tower, a 32-storey tower in Dubailand Residence Complex completed in 2012 by Indigo Valley. The developer sold it on 29 July 2013 for AED 217,087, or AED 442 per sqft, 9% below the AED 485 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 14 May 2025, is AED 28,000 a year: a gross yield of 12.9% on the 2013 price, before the service charge of about AED 7,700 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical studio in Indigo Tower
500K2009201420192024Typical 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, July 2013: AED 217,087 (AED 442 per sqft)

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

Rents
Unit 502, 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 2016: AED 32,800 a yearNew contract, November 2017: AED 33,000 a yearNew contract, November 2018: AED 30,000 a yearNew contract, May 2021: AED 18,000 a yearNew contract, May 2022: AED 20,000 a yearRenewal, May 2023: AED 23,000 a yearRenewal, May 2024: AED 28,000 a yearRenewal, May 2025: AED 28,000 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 502 sits

All 152 studios →

502 last sold in July 2013 at AED 442 per sqft, 9% below what studios in Indigo Tower were fetching at the time (AED 485). 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. 502's AED 28,000 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 5th floor

All 407 units in Indigo Tower
Value
501StudioAED 286K · Jul 2013
5031-bedAED 314K · Jul 2013
5041-bedAED 305K · Jul 2013
5051-bedAED 305K · Jul 2013
506StudioAED 227K · Jul 2013
5072-bedAED 470K · Jul 2013
508StudioAED 197K · Jul 2013
1–7 of 16

502, Indigo Tower in numbers

  • Sold once: by Indigo Valley on 29 July 2013 for AED 217,087, or AED 442 per sqft.
  • Rented since November 2016 on 8 Ejari contracts. The rent fell from AED 32,800 to AED 18,000 in 2021 and recovered to AED 28,000 by May 2025.
  • At AED 28,000 a year the gross yield on the 2013 price is 12.9%, before a service charge of about AED 7,700 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 14 May 2025.

Questions about 502, Indigo Tower

What did unit 502 last sell for?

AED 217,087 on 29 July 2013, sold by the developer: AED 442 per sqft for 490 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 28,000 a year on the contract renewed on 14 May 2025. The previous contract, from May 2024, was AED 28,000; the unit has been rented since November 2016.

How big is unit 502?

490 sqft (45.5 sqm): a studio on the 5th floor of a 32-storey tower completed in 2012.

What is unit 502 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 502, Indigo Tower

Starts from the last sale price (AED 217K, 29 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 217,087
Deposit, UAE resident (20%)
AED 43,417
Deposit, non-resident (40%)
AED 86,835
Monthly over 25 years at 3.7%
AED 888

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