515, 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.
Property timeline for 515, Indigo Tower
What is 515 worth today?
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Source: Dubai Land Department. Updated 7 May 2022.
Key facts
- Type
- Studio apartment
- Size
- 492 sqft
- Floor
- 5th of 32
- Parking
- B2-1
- Developer
- Indigo Valley
- Completed
- 2012
- Service charge
- AED 7,700 /yr
- Last sold
- AED 218K · July 2013
- Building
- Indigo Tower
About 515, Indigo Tower
515 is a studio of 492 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 217,656, 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 2017 on 6 Ejari contracts. The current contract, renewed on 7 May 2022, is AED 20,000 a year: a gross yield of 9.2% on the 2013 price, before the service charge of about AED 7,700 a year.
Sales and rents for 515 over time
515 has sold once; the dashed line is the studio median of each year in the building.
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 515 sits
All 152 studios →515 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. 515's AED 20,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Sep 202623 September 2026 | 625 sqft | 900,000 | 1,440 | ||
| 10 Jun 202610 June 2026 | 560 sqft | 860,000 | 1,536 | ||
| 5 Jun 20265 June 2026 | 560 sqft | 750,000 | 1,340 | ||
| 8 May 20268 May 2026 | 490 sqft | 420,000 | 856 |
Indigo Tower
Building407 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%
Other units on the 5th floor
All 407 units in Indigo Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 647 sqft | AED 286KAED 286,225 · Jul 2013July 2013 | 31,000 /yr | |
| 502 | Studio | 490 sqft | AED 217KAED 217,087 · Jul 2013July 2013 | 28,000 /yr | |
| 503 | 1-bed | 709 sqft | AED 314KAED 314,004 · Jul 2013July 2013 | 38,000 /yr | |
| 504 | 1-bed | 689 sqft | AED 305KAED 304,808 · Jul 2013July 2013 | 45,000 /yr | |
| 505 | 1-bed | 689 sqft | AED 305KAED 304,808 · Jul 2013July 2013 | 36,500 /yr | |
| 506 | Studio | 514 sqft | AED 227KAED 227,474 · Jul 2013July 2013 | 21,500 /yr | |
| 507 | 2-bed | 1,062 sqft | AED 470KAED 470,148 · Jul 2013July 2013 | 60,000 /yr | |
| 508 | Studio | 445 sqft | AED 197KAED 196,884 · Jul 2013July 2013 | 28,000 /yr | |
| 509 | Studio | 445 sqft | AED 197KAED 196,884 · May 2014May 2014 | 25,300 /yr | |
| 510 | 2-bed | 1,060 sqft | AED 469KAED 469,195 · Jul 2013July 2013 | 58,000 /yr | |
| 511 | Studio | 515 sqft | AED 228KAED 227,760 · Jul 2013July 2013 | 30,000 /yr | |
| 512 | 1-bed | 688 sqft | AED 305KAED 304,760 · Jul 2013July 2013 | 33,000 /yr | |
| 513 | 1-bed | 688 sqft | AED 305KAED 304,712 · Jul 2013July 2013 | 34,650 /yr | |
| 514 | 1-bed | 709 sqft | AED 314KAED 313,718 · Jul 2013July 2013 | 37,800 /yr | |
| 516 | Studio | 650 sqft | AED 288KAED 287,559 · Jul 2013July 2013 | 35,000 /yr | |
| 517 | Studio | 466 sqft | AED 206KAED 206,318 · Jul 2013July 2013 | 25,000 /yr |
515, Indigo Tower in numbers
- Sold once: by Indigo Valley on 29 July 2013 for AED 217,656, or AED 442 per sqft.
- Rented since January 2017 on 6 Ejari contracts, from AED 33,000 to AED 20,000 a year.
- At AED 20,000 a year the gross yield on the 2013 price is 9.2%, 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 7 May 2022.
Questions about 515, Indigo Tower
What did unit 515 last sell for?
AED 217,656 on 29 July 2013, sold by the developer: AED 442 per sqft for 492 sqft. It is the only registered sale of the unit.
What is the rent for unit 515?
AED 20,000 a year on the contract renewed on 7 May 2022. The previous contract, from May 2021, was AED 20,000; the unit has been rented since January 2017.
How big is unit 515?
492 sqft (45.7 sqm): a studio on the 5th floor of a 32-storey tower completed in 2012.
What is unit 515 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 515, Indigo Tower
Starts from the last sale price (AED 218K, 29 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 217,656
- Deposit, UAE resident (20%)
- AED 43,531
- Deposit, non-resident (40%)
- AED 87,062
- Monthly over 25 years at 3.7%
- AED 890
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →