1-bed · 1,217 sqftIndigo Spectrum 1, International City · Ground floor · completed 2015

G02, Indigo Spectrum 1

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 10 June 2020
Last soldAED 455K3 June 2015
Current rentAED 36K /yr10 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G02, Indigo Spectrum 1

What is G02 worth today?

Last sold for AED 455,490 in 2015

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10 Jun 2020RentedRenewal
AED 36,000/yr12 months · AED 30 per sqft
10 Jun 2019RentedNew contract
AED 43,500/yr12 months · AED 36 per sqft
1 Oct 2017RentedRenewal
AED 65,000/yr12 months · AED 53 per sqft
1 Oct 2016RentedNew contract
AED 65,000/yr12 months · AED 53 per sqft
3 Jun 2015Sold by developerOff-plan
AED 455,490AED 374 per sqft

Source: Dubai Land Department. Updated 10 June 2020.

Key facts

Type
1-bed apartment
Size
1,217 sqft
Floor
Ground of 7
Parking
B2-45
Developer
Mars Properties Investment
Completed
2015
Service charge
AED 14,300 /yr
Last sold
AED 455K · June 2015

About G02, Indigo Spectrum 1

G02 is a one-bedroom apartment of 1,217 sqft on the ground floor of Indigo Spectrum 1, a 7-storey tower in International City completed in 2015 by Mars Properties Investment. The developer sold it on 3 June 2015 for AED 455,490, or AED 374 per sqft, 3% below the AED 386 one-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 10 June 2020, is AED 36,000 a year: a gross yield of 7.9% on the 2015 price, before the service charge of about AED 14,300 a year.

Sales and rents for G02 over time

Sales
Unit G02, 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, June 2015: AED 455,490 (AED 374 per sqft)

G02 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit G02, 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, October 2016: AED 65,000 a yearRenewal, October 2017: AED 65,000 a yearNew contract, June 2019: AED 43,500 a yearRenewal, June 2020: AED 36,000 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 G02 sits

All 64 1-beds →

G02 last sold in June 2015 at AED 374 per sqft, 3% below what one-beds in Indigo Spectrum 1 were fetching at the time (AED 386). 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. G02's AED 36,000 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 ground floor

All 89 units in Indigo Spectrum 1
Value
G012-bedAED 700K · Mar 2024
G033-bedAED 860K · Jan 2020
G041-bedAED 700K · Jan 2026
G051-bedAED 655K · Jul 2017

G02, Indigo Spectrum 1 in numbers

  • Sold once: by Mars Properties Investment on 3 June 2015 for AED 455,490, or AED 374 per sqft.
  • Rented since October 2016 on 4 Ejari contracts, from AED 65,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2015 price is 7.9%, before a service charge of about AED 14,300 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 10 June 2020.

Questions about G02, Indigo Spectrum 1

What did unit G02 last sell for?

AED 455,490 on 3 June 2015, sold by the developer: AED 374 per sqft for 1,217 sqft. It is the only registered sale of the unit.

What is the rent for unit G02?

AED 36,000 a year on the contract renewed on 10 June 2020. The previous contract, from June 2019, was AED 43,500; the unit has been rented since October 2016.

How big is unit G02?

1,217 sqft (113.1 sqm): a one-bedroom apartment on the ground floor of a 7-storey tower completed in 2015.

What is unit G02 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 G02, Indigo Spectrum 1

Starts from the last sale price (AED 455K, 3 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 455,490
Deposit, UAE resident (20%)
AED 91,098
Deposit, non-resident (40%)
AED 182,196
Monthly over 25 years at 3.7%
AED 1,864

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