1-bed · 798 sqftIndigo Spectrum 2, International City · 7th floor · completed 2017

705, Indigo Spectrum 2

Sold prices and rental history: sold once, by the developer in August 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 25 March 2024
Last soldAED 287K2 August 2017
Current rentAED 38K /yr25 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Indigo Spectrum 2

What is 705 worth today?

Last sold for AED 287,296 in 2017

Unlock today's estimate, updated daily, with

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

25 Mar 2024RentedRenewal
AED 38,000/yr12 months · AED 48 per sqft
25 Mar 2023RentedNew contract
AED 36,000/yr12 months · AED 45 per sqft
10 Mar 2022RentedNew contract
AED 33,000/yr12 months · AED 41 per sqft
5 Jan 2021RentedNew contract
AED 34,000/yr12 months · AED 43 per sqft
3 Feb 2020RentedNew contract
AED 40,000/yr12 months · AED 50 per sqft
5 Nov 2017RentedNew contract
AED 54,000/yr12 months · AED 68 per sqft
2 Aug 2017Sold by developerOff-plan
AED 287,296AED 359 per sqft

Source: Dubai Land Department. Updated 25 March 2024.

Key facts

Type
1-bed apartment
Size
798 sqft
Floor
7th of 7
Parking
B2-29
Developer
Mars Properties Investment
Completed
2017
Service charge
AED 8,900 /yr
Last sold
AED 287K · August 2017

About 705, Indigo Spectrum 2

705 is a one-bedroom apartment of 798 sqft on the 7th floor of Indigo Spectrum 2, a 7-storey tower in International City completed in 2017 by Mars Properties Investment. The developer sold it on 2 August 2017 for AED 287,296, or AED 359 per sqft, 58% below the AED 853 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 25 March 2024, is AED 38,000 a year: a gross yield of 13.2% on the 2017 price, before the service charge of about AED 8,900 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical one-bed in Indigo Spectrum 2
250K500K750K20092013201720212025Typical 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 287,296 (AED 359 per sqft)

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

Rents
Unit 705, each contractTypical one-bed in Indigo Spectrum 2
40K2017202020232026Typical 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, November 2017: AED 54,000 a yearNew contract, February 2020: AED 40,000 a yearNew contract, January 2021: AED 34,000 a yearNew contract, March 2022: AED 33,000 a yearNew contract, March 2023: AED 36,000 a yearRenewal, March 2024: AED 38,000 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 705 sits

All 58 1-beds →

705 last sold in August 2017 at AED 359 per sqft, 58% below what one-beds in Indigo Spectrum 2 were fetching at the time (AED 853). 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. 705's AED 38,000 is at the bottom 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 7th floor

All 89 units in Indigo Spectrum 2
Value
7011-bedAED 260K · Oct 2017
7021-bedAED 297K · Oct 2017
7033-bedAED 900K · Jan 2021
7043-bedAED 960K · Mar 2019
7061-bedAED 310K · Mar 2018
7071-bedAED 290K · Nov 2017
7081-bedAED 286K · Nov 2017
1–7 of 11

705, Indigo Spectrum 2 in numbers

  • Sold once: by Mars Properties Investment on 2 August 2017 for AED 287,296, or AED 359 per sqft.
  • Rented since November 2017 on 6 Ejari contracts. The rent fell from AED 54,000 to AED 33,000 in 2022 and recovered to AED 38,000 by March 2024.
  • At AED 38,000 a year the gross yield on the 2017 price is 13.2%, before a service charge of about AED 8,900 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 25 March 2024.

Questions about 705, Indigo Spectrum 2

What did unit 705 last sell for?

AED 287,296 on 2 August 2017, sold by the developer: AED 359 per sqft for 798 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 38,000 a year on the contract renewed on 25 March 2024. The previous contract, from March 2023, was AED 36,000; the unit has been rented since November 2017.

How big is unit 705?

798 sqft (74.1 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2017.

What is unit 705 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 705? 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 705, Indigo Spectrum 2

Starts from the last sale price (AED 287K, 2 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 287,296
Deposit, UAE resident (20%)
AED 57,459
Deposit, non-resident (40%)
AED 114,918
Monthly over 25 years at 3.7%
AED 1,175

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