Studio · 560 sqftIndigo Tower, Dubailand Residence Complex · 15th floor · completed 2012

1504, Indigo Tower

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 27 November 2024
Last soldAED 750K20 November 2023
Current rentAED 67K /yr27 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Indigo Tower

What is 1504 worth today?

Last sold for AED 750,000 in 2023

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27 Nov 2024RentedRenewal
AED 67,000/yr12 months · AED 120 per sqft
27 Nov 2023RentedNew contract
AED 67,000/yr12 months · AED 120 per sqft
20 Nov 2023SoldReady
AED 750,000AED 1,340 per sqft
20 Oct 2020RentedNew contract
AED 36,000/yr12 months · AED 64 per sqft
2 Oct 2019RentedRenewal
AED 52,000/yr12 months · AED 93 per sqft
2 Oct 2018RentedNew contract
AED 55,000/yr12 months · AED 98 per sqft
15 Jun 2015RentedNew contract
AED 65,000/yr12 months · AED 116 per sqft
30 Jul 2009Sold by developerReady
AED 376,045AED 671 per sqft

Source: Dubai Land Department. Updated 27 November 2024.

Key facts

Type
Studio apartment
Size
560 sqft
Floor
15th of 32
Parking
P - 203
Developer
Indigo Valley
Completed
2012
Service charge
AED 8,700 /yr
Last sold
AED 750K · November 2023
Building
Indigo Tower

About 1504, Indigo Tower

1504 is a studio of 560 sqft on the 15th floor of Indigo Tower, a 32-storey tower in Dubailand Residence Complex completed in 2012 by Indigo Valley. It last sold on 20 November 2023 for AED 750,000, or AED 1,340 per sqft, 93% above the AED 695 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 27 November 2024, is AED 67,000 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 8,700 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical studio in Indigo Tower
250K500K750K2009201420192024Typical sale price by year: 2009 AED 402,650; 2010 AED 405,967; 2011 AED 414,264; 2012 AED 404,553; 2013 AED 295,837; 2014 AED 380,375; 2015 AED 377,906; 2016 AED 400,000; 2017 AED 800,000; 2019 AED 625,000; 2021 AED 560,000; 2022 AED 582,500; 2023 AED 349,230; 2024 AED 730,000; 2025 AED 352,500; 2026 AED 444,000Sold by developer, July 2009: AED 376,045 (AED 671 per sqft)Sold, November 2023: AED 750,000 (AED 1,340 per sqft)

1504 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1504, each contractTypical studio in Indigo Tower
20K40K60K2012201620202024Typical rent by year: 2012 AED 35,000; 2013 AED 55,000; 2014 AED 58,000; 2015 AED 61,925; 2016 AED 39,600; 2017 AED 38,600; 2018 AED 50,000; 2019 AED 48,000; 2020 AED 34,000; 2021 AED 25,000; 2022 AED 35,000; 2023 AED 38,500; 2024 AED 35,000; 2025 AED 35,000; 2026 AED 30,515New contract, June 2015: AED 65,000 a yearNew contract, October 2018: AED 55,000 a yearRenewal, October 2019: AED 52,000 a yearNew contract, October 2020: AED 36,000 a yearNew contract, November 2023: AED 67,000 a yearRenewal, November 2024: AED 67,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Indigo Tower, and where 1504 sits

All 148 studios →

1504 last sold in November 2023 at AED 1,340 per sqft, 93% above what studios in Indigo Tower were fetching at the time (AED 695). Over the last 12 months studios sold for AED 365,000 to 900,000, around AED 717 per sqft, and rent for AED 27,000 to 75,000 a year. 1504's AED 67,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Jan 2026444,000
23 Jan 2026440,000
22 Jan 2026900,000
12 Dec 2025369,000
5 studio sales in the last 12 months

Indigo Tower

Building

405 apartments, studios to 4-bed over 32 floors in Dubailand Residence Complex, completed in 2012 by Indigo Valley. 14 sold in the last 12 months.

Typical price per sqft
AED 1,124 Up 46.1%
Typical sale
AED 797K
Typical rent
AED 65K /yr
Typical yield
7.3%
Indigo Tower, Dubailand Residence Complex: prices, sales and rents →

Other units on the 15th floor

All 405 units in Indigo Tower
Value
15011-bedAED 555K · Nov 2009
1502StudioAED 900K · Jan 2026
1503StudioAED 376K · May 2010
1505StudioAED 469K · Mar 2010
15061-bedAED 555K · Jul 2010
15071-bedAED 490K · Jan 2013
15081-bedAED 1.3M · Aug 2024
1–7 of 15

1504, Indigo Tower in numbers

  • Sold twice: first on 30 July 2009 for AED 376,045, last on 20 November 2023 for AED 750,000 (AED 1,340 per sqft).
  • Rented since June 2015 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 36,000 in 2020 and recovered to AED 67,000 by November 2024.
  • At AED 67,000 a year the gross yield on the 2023 price is 8.9%, before a service charge of about AED 8,700 a year (AED 15.63 per sqft).
  • Studios in Indigo Tower sold for AED 365,000–900,000 in the 12 months to November 2026; the building's median across all types is AED 1,124 per sqft.

Source: Dubai Land Department. Updated 27 November 2024.

Questions about 1504, Indigo Tower

What did unit 1504 last sell for?

AED 750,000 on 20 November 2023: AED 1,340 per sqft for 560 sqft. The unit has 2 registered sales; the first was AED 376,045 in July 2009.

What is the rent for unit 1504?

AED 67,000 a year on the contract renewed on 27 November 2024. The previous contract, from November 2023, was AED 67,000; the unit has been rented since June 2015.

How big is unit 1504?

560 sqft (52.0 sqm): a studio on the 15th floor of a 32-storey tower completed in 2012.

What is unit 1504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Indigo Tower sold for AED 365,000 to 900,000 in the last 12 months, around AED 717 per sqft.

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Mortgage on 1504, Indigo Tower

Starts from the last sale price (AED 750K, 20 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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