1-bed · 712 sqftIndigo Spectrum 2, International City · 4th floor · completed 2017

401, Indigo Spectrum 2

Sold prices and rental history: sold twice, last in July 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 500K22 July 2024
Current rentAED 40K /yr22 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Indigo Spectrum 2

What is 401 worth today?

Last sold for AED 500,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Jul 2024SoldReady
AED 500,000AED 701 per sqft
22 Dec 2023RentedNew contract
AED 40,000/yr12 months · AED 56 per sqft
1 Jan 2021RentedNew contract
AED 32,000/yr12 months · AED 45 per sqft
17 Aug 2017Sold by developerOff-plan
AED 256,834AED 360 per sqft

Source: Dubai Land Department. Updated 22 July 2024.

Key facts

Type
1-bed apartment
Size
712 sqft
Floor
4th of 7
Parking
B2-35
Developer
Mars Properties Investment
Completed
2017
Service charge
AED 7,900 /yr
Last sold
AED 500K · July 2024

About 401, Indigo Spectrum 2

401 is a one-bedroom apartment of 712 sqft on the 4th floor of Indigo Spectrum 2, a 7-storey tower in International City completed in 2017 by Mars Properties Investment. It last sold on 22 July 2024 for AED 500,000, or AED 701 per sqft, 18% above the AED 592 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 22 December 2023, is AED 40,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 7,900 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical one-bed in Indigo Spectrum 2
250K500K750K2009201420192024Typical sale price by year: 2009 AED 753,029; 2016 AED 629,617; 2017 AED 290,143; 2018 AED 346,480; 2019 AED 319,250; 2023 AED 455,000; 2024 AED 480,000Sold by developer, August 2017: AED 256,834 (AED 360 per sqft)Sold, July 2024: AED 500,000 (AED 701 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in Indigo Spectrum 2
30K40K50K2017202020232026Typical rent by year: 2017 AED 50,000; 2018 AED 50,000; 2019 AED 43,000; 2020 AED 37,500; 2021 AED 31,000; 2022 AED 33,500; 2023 AED 36,000; 2024 AED 40,000; 2025 AED 47,000; 2026 AED 48,000New contract, January 2021: AED 32,000 a yearNew contract, December 2023: AED 40,000 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 2, and where 401 sits

All 58 1-beds →

401 last sold in July 2024 at AED 701 per sqft, 18% above what one-beds in Indigo Spectrum 2 were fetching at the time (AED 592). Over the last 12 months one-beds sold for AED 600,000 to 650,000, around AED 767 per sqft, and rent for AED 38,000 to 85,000 a year. 401's AED 40,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Aug 2026650,000
23 Feb 2026600,000
12 Feb 202599,024
12 Feb 2025102,607
2 1-bed sales in the last 12 months

Indigo Spectrum 2

Building

89 apartments, 1-bed to 3-bed over 7 floors in International City, completed in 2017 by Mars Properties Investment. 4 sold in the last 12 months.

Typical price per sqft
AED 767
Typical sale
AED 750K
Typical rent
AED 50K /yr
Typical yield
8.0%
Indigo Spectrum 2, International City: prices, sales and rents →

Other units on the 4th floor

All 89 units in Indigo Spectrum 2
Value
4021-bedAED 536K · Apr 2018
4033-bedAED 1.03M · Oct 2018
4043-bedAED 1.1M · Apr 2025
4051-bedAED 102K · Feb 2025
4061-bedAED 650K · Aug 2026
4071-bedAED 103K · Feb 2025
4081-bedAED 315K · Nov 2018
1–7 of 11

401, Indigo Spectrum 2 in numbers

  • Sold twice: first on 17 August 2017 for AED 256,834, last on 22 July 2024 for AED 500,000 (AED 701 per sqft).
  • Rented since January 2021 on 2 Ejari contracts, from AED 32,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 8.0%, before a service charge of about AED 7,900 a year (AED 11.13 per sqft).
  • One-beds in Indigo Spectrum 2 sold for AED 600,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 767 per sqft.

Source: Dubai Land Department. Updated 22 July 2024.

Questions about 401, Indigo Spectrum 2

What did unit 401 last sell for?

AED 500,000 on 22 July 2024: AED 701 per sqft for 712 sqft. The unit has 2 registered sales; the first was AED 256,834 in August 2017.

What is the rent for unit 401?

AED 40,000 a year on the contract signed on 22 December 2023. The previous contract, from January 2021, was AED 32,000.

How big is unit 401?

712 sqft (66.1 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2017.

What is unit 401 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 2 sold for AED 600,000 to 650,000 in the last 12 months, around AED 767 per sqft.

Selling 401? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 401, Indigo Spectrum 2

Starts from the last sale price (AED 500K, 22 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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