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1-bed · 688 sqftIndigo Tower, Dubailand Residence Complex · 5th floor · completed 2012

512, Indigo Tower

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

Unit 512 · DLD and Ejari recordsUpdated 28 June 2023
Last soldAED 305K29 July 2013
Current rentAED 33K /yr28 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 512, Indigo Tower

What is 512 worth today?

Last sold for AED 304,760 in 2013

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28 Jun 2023RentedRenewal
AED 33,000/yr12 months · AED 48 per sqft
12 Jun 2022RentedNew contract
AED 30,000/yr12 months · AED 44 per sqft
3 May 2021RentedNew contract
AED 26,000/yr12 months · AED 38 per sqft
5 Oct 2017RentedNew contract
AED 45,000/yr12 months · AED 65 per sqft
29 Jul 2013Sold by developerReady
AED 304,760AED 442 per sqft

Source: Dubai Land Department. Updated 28 June 2023.

Key facts

Type
1-bed apartment
Size
688 sqft
Floor
5th of 32
Parking
B1-53
Developer
Indigo Valley
Completed
2012
Service charge
AED 10,800 /yr
Last sold
AED 305K · July 2013
Building
Indigo Tower

About 512, Indigo Tower

512 is a one-bedroom apartment of 688 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 304,760, or AED 442 per sqft, 19% below the AED 549 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 28 June 2023, is AED 33,000 a year: a gross yield of 10.8% on the 2013 price, before the service charge of about AED 10,800 a year.

Sales and rents for 512 over time

Sales
Unit 512, each saleTypical one-bed in Indigo Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 529,476; 2010 AED 540,588; 2011 AED 540,000; 2012 AED 695,000; 2013 AED 395,927; 2014 AED 534,080; 2015 AED 550,833; 2016 AED 1,090,000; 2017 AED 1,135,000; 2018 AED 1,025,000; 2019 AED 820,000; 2020 AED 535,014; 2021 AED 800,000; 2022 AED 832,500; 2023 AED 970,000; 2024 AED 1,100,000; 2025 AED 1,210,000; 2026 AED 1,230,000Sold by developer, July 2013: AED 304,760 (AED 442 per sqft)

512 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 512, each contractTypical one-bed in Indigo Tower
50K2012201620202024Typical rent by year: 2012 AED 61,000; 2013 AED 70,000; 2014 AED 85,000; 2015 AED 88,055; 2016 AED 80,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 65,000; 2020 AED 50,000; 2021 AED 50,000; 2022 AED 55,000; 2023 AED 60,550; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 78,000New contract, October 2017: AED 45,000 a yearNew contract, May 2021: AED 26,000 a yearNew contract, June 2022: AED 30,000 a yearRenewal, June 2023: AED 33,000 a year

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

1-beds in Indigo Tower, and where 512 sits

All 167 1-beds →

512 last sold in July 2013 at AED 442 per sqft, 19% below what one-beds in Indigo Tower were fetching at the time (AED 549). Over the last 12 months one-beds sold for AED 212,268 to 1,500,000, around AED 1,425 per sqft, and rent for AED 33,600 to 143,000 a year. 512's AED 33,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Sep 2026500,000
15 Sep 20261,250,000
12 Aug 20261,050,000
12 Jun 20261,500,000
14 1-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 5th floor

All 407 units in Indigo Tower
Value
501StudioAED 286K · Jul 2013
502StudioAED 217K · 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
1–7 of 16

512, Indigo Tower in numbers

  • Sold once: by Indigo Valley on 29 July 2013 for AED 304,760, or AED 442 per sqft.
  • Rented since October 2017 on 4 Ejari contracts. The rent fell from AED 45,000 to AED 26,000 in 2021 and recovered to AED 33,000 by June 2023.
  • At AED 33,000 a year the gross yield on the 2013 price is 10.8%, before a service charge of about AED 10,800 a year (AED 15.63 per sqft).
  • One-beds in Indigo Tower sold for AED 212,268–1,500,000 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 28 June 2023.

Questions about 512, Indigo Tower

What did unit 512 last sell for?

AED 304,760 on 29 July 2013, sold by the developer: AED 442 per sqft for 688 sqft. It is the only registered sale of the unit.

What is the rent for unit 512?

AED 33,000 a year on the contract renewed on 28 June 2023. The previous contract, from June 2022, was AED 30,000; the unit has been rented since October 2017.

How big is unit 512?

688 sqft (63.9 sqm): a one-bedroom apartment on the 5th floor of a 32-storey tower completed in 2012.

What is unit 512 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Indigo Tower sold for AED 212,268 to 1,500,000 in the last 12 months, around AED 1,425 per sqft.

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Mortgage on 512, Indigo Tower

Starts from the last sale price (AED 305K, 29 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 304,760
Deposit, UAE resident (20%)
AED 60,952
Deposit, non-resident (40%)
AED 121,904
Monthly over 25 years at 3.7%
AED 1,247

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