2-bed · 1,131 sqftIndigo Spectrum 1, International City · 5th floor · completed 2015

512, Indigo Spectrum 1

Sold prices and rental history: sold 4 times, last in April 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 15 November 2023
Last soldAED 620K26 April 2023
Current rentAED 53K /yr15 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Indigo Spectrum 1

What is 512 worth today?

Last sold for AED 620,000 in 2023

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15 Nov 2023RentedRenewal
AED 52,500/yr3 months · AED 46 per sqft
26 Apr 2023SoldReady
AED 620,000AED 548 per sqft
15 Nov 2022RentedRenewal
AED 50,000/yr12 months · AED 44 per sqft
15 Nov 2021RentedNew contract
AED 48,000/yr12 months · AED 42 per sqft
12 Jun 2017SoldReady
AED 920,000AED 813 per sqft
18 Aug 2016RentedNew contract
AED 85,000/yr12 months · AED 75 per sqft
7 Jul 2015SoldOff-plan
AED 870,000AED 769 per sqft
5 Jul 2009Sold by developerOff-plan
AED 1,141,640AED 1,009 per sqft

Source: Dubai Land Department. Updated 15 November 2023.

Key facts

Type
2-bed apartment
Size
1,131 sqft
Floor
5th of 7
Parking
B1-28
Developer
Mars Properties Investment
Completed
2015
Service charge
AED 13,300 /yr
Last sold
AED 620K · April 2023

About 512, Indigo Spectrum 1

512 is a two-bedroom apartment of 1,131 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 26 April 2023 for AED 620,000, or AED 548 per sqft, in line with the AED 548 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 15 November 2023, is AED 52,500 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 13,300 a year.

Sales and rents for 512 over time

Sales
Unit 512, each saleTypical two-bed in Indigo Spectrum 1
750K1M2009201420192024Typical sale price by year: 2009 AED 1,141,640; 2015 AED 970,000; 2016 AED 1,062,988; 2017 AED 895,000; 2023 AED 700,000; 2025 AED 917,500Sold by developer, July 2009: AED 1,141,640 (AED 1,009 per sqft)Sold, July 2015: AED 870,000 (AED 769 per sqft)Sold, June 2017: AED 920,000 (AED 813 per sqft)Sold, April 2023: AED 620,000 (AED 548 per sqft)

512 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 512, each contractTypical two-bed in Indigo Spectrum 1
40K60K80K20152018202120242027Typical rent by year: 2015 AED 85,000; 2016 AED 85,000; 2017 AED 73,500; 2018 AED 65,000; 2019 AED 60,000; 2020 AED 52,000; 2021 AED 45,500; 2022 AED 49,000; 2023 AED 52,000; 2024 AED 61,000; 2025 AED 58,800; 2026 AED 60,000New contract, August 2016: AED 85,000 a yearNew contract, November 2021: AED 48,000 a yearRenewal, November 2022: AED 50,000 a yearRenewal, November 2023: AED 52,500 a year

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

2-beds in Indigo Spectrum 1, and where 512 sits

All 24 2-beds →

512 last sold in April 2023 at AED 548 per sqft, in line with what two-beds in Indigo Spectrum 1 were fetching at the time (AED 548). Over the last 12 months two-beds sold for AED 830,000 to 1,000,000, around AED 752 per sqft, and rent for AED 35,000 to 71,602 a year. 512's AED 52,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Mar 20261,000,000
29 Jan 2026830,000
15 Dec 2025953,000
2 Apr 2025900,000
3 2-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

512, Indigo Spectrum 1 in numbers

  • Sold 4 times: first on 5 July 2009 for AED 1,141,640, last on 26 April 2023 for AED 620,000 (AED 548 per sqft).
  • Rented since August 2016 on 4 Ejari contracts, from AED 85,000 to AED 52,500 a year.
  • At AED 52,500 a year the gross yield on the 2023 price is 8.5%, before a service charge of about AED 13,300 a year (AED 11.73 per sqft).
  • Two-beds in Indigo Spectrum 1 sold for AED 830,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 752 per sqft.

Source: Dubai Land Department. Updated 15 November 2023.

Questions about 512, Indigo Spectrum 1

What did unit 512 last sell for?

AED 620,000 on 26 April 2023: AED 548 per sqft for 1,131 sqft. The unit has 4 registered sales; the first was AED 1,141,640 in July 2009.

What is the rent for unit 512?

AED 52,500 a year on the contract renewed on 15 November 2023. The previous contract, from November 2022, was AED 50,000; the unit has been rented since August 2016.

How big is unit 512?

1,131 sqft (105.1 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2015.

What is unit 512 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Indigo Spectrum 1 sold for AED 830,000 to 1,000,000 in the last 12 months, around AED 752 per sqft.

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Mortgage on 512, Indigo Spectrum 1

Starts from the last sale price (AED 620K, 26 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

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