1-bed · 856 sqftIndigo Spectrum 1, International City · 5th floor · completed 2015

509, Indigo Spectrum 1

Sold prices and rental history: sold twice, last in June 2016, and rented once, from March 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 22 June 2016
Last soldAED 698K22 June 2016
Current rentAED 60K /yr1 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Indigo Spectrum 1

What is 509 worth today?

Last sold for AED 698,000 in 2016

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22 Jun 2016SoldReady
AED 698,000AED 815 per sqft
1 Mar 2016RentedNew contract
AED 60,000/yr12 months · AED 70 per sqft
5 Jul 2009Sold by developerOff-plan
AED 873,725AED 1,021 per sqft

Source: Dubai Land Department. Updated 22 June 2016.

Key facts

Type
1-bed apartment
Size
856 sqft
Floor
5th of 7
Parking
B1-31
Developer
Mars Properties Investment
Completed
2015
Service charge
AED 10,000 /yr
Last sold
AED 698K · June 2016

About 509, Indigo Spectrum 1

509 is a one-bedroom apartment of 856 sqft on the 5th floor of Indigo Spectrum 1, a 7-storey tower in International City completed in 2015 by Mars Properties Investment. It last sold on 22 June 2016 for AED 698,000, or AED 815 per sqft, 4% above the AED 782 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2016. The current contract, signed on 1 March 2016, is AED 60,000 a year: a gross yield of 8.6% on the 2016 price, before the service charge of about AED 10,000 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical one-bed in Indigo Spectrum 1
250K500K750K2009201420192024Typical sale price by year: 2009 AED 805,068; 2014 AED 344,295; 2015 AED 332,325; 2016 AED 704,000; 2017 AED 655,000; 2018 AED 610,000; 2023 AED 460,750; 2024 AED 495,000; 2025 AED 562,500; 2026 AED 670,000Sold by developer, July 2009: AED 873,725 (AED 1,021 per sqft)Sold, June 2016: AED 698,000 (AED 815 per sqft)

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

Rents
Unit 509, each contractTypical one-bed in Indigo Spectrum 1
40K60K20152018202120242027Typical rent by year: 2015 AED 63,000; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 48,500; 2019 AED 42,000; 2020 AED 34,000; 2021 AED 31,500; 2022 AED 34,000; 2023 AED 36,375; 2024 AED 41,000; 2025 AED 45,000; 2026 AED 48,000New contract, March 2016: AED 60,000 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 Spectrum 1, and where 509 sits

All 64 1-beds →

509 last sold in June 2016 at AED 815 per sqft, 4% above what one-beds in Indigo Spectrum 1 were fetching at the time (AED 782). Over the last 12 months one-beds sold for AED 520,000 to 700,000, around AED 753 per sqft, and rent for AED 25,000 to 58,000 a year. 509's AED 60,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Aug 2026620,000
12 May 2026640,000
29 Jan 2026700,000
13 Jan 2026700,000
6 1-bed sales in the last 12 months

Indigo Spectrum 1

Building

89 apartments, 1-bed to 3-bed over 7 floors in International City, completed in 2015 by Mars Properties Investment. 9 sold in the last 12 months.

Typical price per sqft
AED 752
Typical sale
AED 700K
Typical rent
AED 51K /yr
Typical yield
7.8%
Indigo Spectrum 1, International City: prices, sales and rents →

Other units on the 5th floor

All 89 units in Indigo Spectrum 1
Value
5022-bedAED 1.04M · May 2016
5031-bedAED 620K · Mar 2018
5041-bedAED 298K · May 2015
5051-bedAED 610K · Oct 2025
5062-bedAED 685K · Mar 2019
5071-bedAED 656K · Nov 2025
5082-bedAED 1.12M · Jul 2009
1–7 of 11

509, Indigo Spectrum 1 in numbers

  • Sold twice: first on 5 July 2009 for AED 873,725, last on 22 June 2016 for AED 698,000 (AED 815 per sqft).
  • Rented since March 2016 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2016 price is 8.6%, before a service charge of about AED 10,000 a year (AED 11.73 per sqft).
  • One-beds in Indigo Spectrum 1 sold for AED 520,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 752 per sqft.

Source: Dubai Land Department. Updated 22 June 2016.

Questions about 509, Indigo Spectrum 1

What did unit 509 last sell for?

AED 698,000 on 22 June 2016: AED 815 per sqft for 856 sqft. The unit has 2 registered sales; the first was AED 873,725 in July 2009.

What is the rent for unit 509?

AED 60,000 a year on the contract signed on 1 March 2016.

How big is unit 509?

856 sqft (79.5 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2015.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Indigo Spectrum 1 sold for AED 520,000 to 700,000 in the last 12 months, around AED 753 per sqft.

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Mortgage on 509, Indigo Spectrum 1

Starts from the last sale price (AED 698K, 22 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 698,000
Deposit, UAE resident (20%)
AED 139,600
Deposit, non-resident (40%)
AED 279,200
Monthly over 25 years at 3.7%
AED 2,856

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