1-bed · 794 sqftIndigo Spectrum 1, International City · 7th floor · completed 2015

703, Indigo Spectrum 1

Sold prices and rental history: sold twice, last in January 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 15 March 2022
Last soldAED 308K11 January 2018
Current rentAED 30K /yr15 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Indigo Spectrum 1

What is 703 worth today?

Last sold for AED 307,500 in 2018

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15 Mar 2022RentedNew contract
AED 30,000/yr13 months · AED 38 per sqft
15 Mar 2021RentedRenewal
AED 30,000/yr13 months · AED 38 per sqft
15 Mar 2020RentedNew contract
AED 36,000/yr12 months · AED 45 per sqft
1 Jan 2019RentedNew contract
AED 48,000/yr12 months · AED 60 per sqft
11 Jan 2018SoldReady
AED 307,500AED 387 per sqft
6 Jul 2009Sold by developerOff-plan
AED 848,150AED 1,067 per sqft

Source: Dubai Land Department. Updated 15 March 2022.

Key facts

Type
1-bed apartment
Size
794 sqft
Floor
7th of 7
Parking
B1-11
Developer
Mars Properties Investment
Completed
2015
Service charge
AED 9,300 /yr
Last sold
AED 308K · January 2018

About 703, Indigo Spectrum 1

703 is a one-bedroom apartment of 794 sqft on the 7th floor of Indigo Spectrum 1, a 7-storey tower in International City completed in 2015 by Mars Properties Investment. It last sold on 11 January 2018 for AED 307,500, or AED 387 per sqft, 44% below the AED 693 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 15 March 2022, is AED 30,000 a year: a gross yield of 9.8% on the 2018 price, before the service charge of about AED 9,300 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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 848,150 (AED 1,067 per sqft)Sold, January 2018: AED 307,500 (AED 387 per sqft)

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

Rents
Unit 703, 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, January 2019: AED 48,000 a yearNew contract, March 2020: AED 36,000 a yearRenewal, March 2021: AED 30,000 a yearNew contract, March 2022: AED 30,000 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 703 sits

All 64 1-beds →

703 last sold in January 2018 at AED 387 per sqft, 44% below what one-beds in Indigo Spectrum 1 were fetching at the time (AED 693). 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. 703's AED 30,000 is in the lower half 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 7th floor

All 89 units in Indigo Spectrum 1
Value
7011-bedAED 620K · Aug 2026
7041-bedAED 690K · Nov 2016
7051-bedAED 480K · Mar 2023
7071-bedAED 490K · Mar 2017
7082-bedAED 1M · Mar 2026
7091-bedAED 470K · Oct 2023
7101-bedAED 550K · Mar 2024
1–7 of 10

703, Indigo Spectrum 1 in numbers

  • Sold twice: first on 6 July 2009 for AED 848,150, last on 11 January 2018 for AED 307,500 (AED 387 per sqft).
  • Rented since January 2019 on 4 Ejari contracts, from AED 48,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2018 price is 9.8%, before a service charge of about AED 9,300 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 15 March 2022.

Questions about 703, Indigo Spectrum 1

What did unit 703 last sell for?

AED 307,500 on 11 January 2018: AED 387 per sqft for 794 sqft. The unit has 2 registered sales; the first was AED 848,150 in July 2009.

What is the rent for unit 703?

AED 30,000 a year on the contract signed on 15 March 2022. The previous contract, from March 2021, was AED 30,000; the unit has been rented since January 2019.

How big is unit 703?

794 sqft (73.8 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2015.

What is unit 703 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 703, Indigo Spectrum 1

Starts from the last sale price (AED 308K, 11 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 307,500
Deposit, UAE resident (20%)
AED 61,500
Deposit, non-resident (40%)
AED 123,000
Monthly over 25 years at 3.7%
AED 1,258

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