506, Indigo Spectrum 2
Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Indigo Spectrum 2
What is 506 worth today?
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Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 816 sqft
- Floor
- 5th of 7
- Parking
- B2-04
- Developer
- Mars Properties Investment
- Completed
- 2017
- Service charge
- AED 9,100 /yr
- Last sold
- AED 480K · February 2024
- Building
- Indigo Spectrum 2
About 506, Indigo Spectrum 2
506 is a one-bedroom apartment of 816 sqft on the 5th floor of Indigo Spectrum 2, a 7-storey tower in International City completed in 2017 by Mars Properties Investment. It last sold on 22 February 2024 for AED 480,000, or AED 588 per sqft, 4% above the AED 565 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 August 2024, is AED 43,000 a year: a gross yield of 9.0% on the 2024 price, before the service charge of about AED 9,100 a year.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the one-bed median of each year in the building.
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 506 sits
All 58 1-beds →506 last sold in February 2024 at AED 588 per sqft, 4% above what one-beds in Indigo Spectrum 2 were fetching at the time (AED 565). 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. 506's AED 43,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Aug 20263 August 2026 | 814 sqft | 650,000 | 798 | ||
| 23 Feb 202623 February 2026 | 814 sqft | 600,000 | 736 | ||
| 12 Feb 202512 February 2025 | 777 sqft | 99,024 | 127 | ||
| 12 Feb 202512 February 2025 | 824 sqft | 102,607 | 124 |
Indigo Spectrum 2
Building89 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%
Other units on the 5th floor
All 89 units in Indigo Spectrum 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 724 sqft | AED 335KAED 334,640 · Jan 2018January 2018 | 48,000 /yr | |
| 502 | 1-bed | 836 sqft | AED 550KAED 550,000 · Jun 2022June 2022 | 50,000 /yr | |
| 503 | 3-bed | 1,624 sqft | AED 560KAED 560,030 · Jul 2017July 2017 | 100,000 /yr | |
| 504 | 3-bed | 1,574 sqft | AED 1.15MAED 1,150,000 · Feb 2018February 2018 | ||
| 505 | 1-bed | 800 sqft | AED 287KAED 287,296 · Oct 2017October 2017 | ||
| 507 | 1-bed | 822 sqft | AED 455KAED 455,000 · Apr 2023April 2023 | 60,000 /yr | |
| 508 | 1-bed | 811 sqft | AED 286KAED 285,588 · Oct 2017October 2017 | 53,000 /yr | |
| 509 | 2-bed | 1,057 sqft | AED 870KAED 870,000 · Feb 2025February 2025 | ||
| 510 | 2-bed | 1,056 sqft | AED 375KAED 374,981 · Nov 2017November 2017 | 65,000 /yr | |
| 511 | 1-bed | 779 sqft | AED 550KAED 550,000 · Nov 2017November 2017 | ||
| 512 | 1-bed | 704 sqft | AED 325KAED 325,020 · Feb 2017February 2017 | 43,000 /yr |
506, Indigo Spectrum 2 in numbers
- Sold twice: first on 16 October 2017 for AED 287,866, last on 22 February 2024 for AED 480,000 (AED 588 per sqft).
- Rented since January 2018 on 6 Ejari contracts. The rent fell from AED 52,000 to AED 31,000 in 2021 and recovered to AED 43,000 by August 2024.
- At AED 43,000 a year the gross yield on the 2024 price is 9.0%, before a service charge of about AED 9,100 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 1 August 2024.
Questions about 506, Indigo Spectrum 2
What did unit 506 last sell for?
AED 480,000 on 22 February 2024: AED 588 per sqft for 816 sqft. The unit has 2 registered sales; the first was AED 287,866 in October 2017.
What is the rent for unit 506?
AED 43,000 a year on the contract signed on 1 August 2024. The previous contract, from July 2022, was AED 33,000; the unit has been rented since January 2018.
How big is unit 506?
816 sqft (75.8 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2017.
What is unit 506 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.
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Mortgage on 506, Indigo Spectrum 2
Starts from the last sale price (AED 480K, 22 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →