1-bed · 792 sqftIndigo Tower, Dubailand Residence Complex · 15th floor · completed 2012

1515, Indigo Tower

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1515 · DLD and Ejari recordsUpdated 21 September 2023
Last soldAED 1M31 July 2023
Current rentAED 61K /yr21 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1515, Indigo Tower

What is 1515 worth today?

Last sold for AED 1,000,000 in 2023

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21 Sep 2023RentedNew contract
AED 60,500/yr10 months · AED 76 per sqft
31 Jul 2023SoldReady
AED 1,000,000AED 1,263 per sqft
9 Jul 2023RentedRenewal
AED 60,500/yr12 months · AED 76 per sqft
9 Jul 2022RentedRenewal
AED 55,000/yr12 months · AED 69 per sqft
9 Jul 2020RentedRenewal
AED 56,000/yr12 months · AED 71 per sqft
9 Jul 2019RentedRenewal
AED 70,000/yr12 months · AED 88 per sqft
9 Jul 2018RentedRenewal
AED 80,000/yr12 months · AED 101 per sqft
9 Jul 2017RentedRenewal
AED 90,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 21 September 2023.

Key facts

Type
1-bed apartment
Size
792 sqft
Floor
15th of 32
Parking
P - 216
Developer
Indigo Valley
Completed
2012
Service charge
AED 12,400 /yr
Last sold
AED 1M · July 2023
Building
Indigo Tower

About 1515, Indigo Tower

1515 is a one-bedroom apartment of 792 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 31 July 2023 for AED 1,000,000, or AED 1,263 per sqft, 17% above the AED 1,084 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 21 September 2023, is AED 60,500 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 12,400 a year.

Sales and rents for 1515 over time

Sales
Unit 1515, each saleTypical one-bed in Indigo Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 529,476; 2010 AED 540,381; 2011 AED 540,000; 2012 AED 695,000; 2013 AED 390,126; 2014 AED 530,581; 2015 AED 550,833; 2016 AED 1,090,000; 2017 AED 1,135,000; 2018 AED 1,025,000; 2019 AED 820,000; 2020 AED 662,507; 2021 AED 800,000; 2022 AED 832,500; 2023 AED 970,000; 2024 AED 1,137,500; 2025 AED 1,180,000Sold by developer, September 2009: AED 498,302 (AED 629 per sqft)Sold, July 2023: AED 1,000,000 (AED 1,263 per sqft)

1515 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1515, each contractTypical one-bed in Indigo Tower
60K80K2012201620202024Typical rent by year: 2012 AED 61,000; 2013 AED 70,000; 2014 AED 80,250; 2015 AED 86,000; 2016 AED 81,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 65,000; 2020 AED 50,000; 2021 AED 48,000; 2022 AED 56,100; 2023 AED 60,950; 2024 AED 77,000; 2025 AED 80,000; 2026 AED 78,750New contract, December 2013: AED 57,750 a yearRenewal, December 2014: AED 66,413 a yearRenewal, July 2016: AED 90,000 a yearRenewal, July 2017: AED 90,000 a yearRenewal, July 2018: AED 80,000 a yearRenewal, July 2019: AED 70,000 a yearRenewal, July 2020: AED 56,000 a yearRenewal, July 2022: AED 55,000 a yearRenewal, July 2023: AED 60,500 a yearNew contract, September 2023: AED 60,500 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 Tower, and where 1515 sits

All 161 1-beds →

1515 last sold in July 2023 at AED 1,263 per sqft, 17% above what one-beds in Indigo Tower were fetching at the time (AED 1,084). Over the last 12 months one-beds sold for AED 505,000 to 1,350,000, around AED 1,427 per sqft, and rent for AED 35,520 to 140,000 a year. 1515's AED 60,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 20261,230,000
4 Feb 20261,350,000
22 Dec 20251,130,000
21 Jul 20251,240,000
5 1-bed 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
1504StudioAED 750K · Nov 2023
1505StudioAED 469K · Mar 2010
15061-bedAED 555K · Jul 2010
15071-bedAED 490K · Jan 2013
1–7 of 15

1515, Indigo Tower in numbers

  • Sold twice: first on 15 September 2009 for AED 498,302, last on 31 July 2023 for AED 1,000,000 (AED 1,263 per sqft).
  • Rented since December 2013 on 10 Ejari contracts, from AED 57,750 to AED 60,500 a year.
  • At AED 60,500 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 12,400 a year (AED 15.63 per sqft).
  • One-beds in Indigo Tower sold for AED 505,000–1,350,000 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 21 September 2023.

Questions about 1515, Indigo Tower

What did unit 1515 last sell for?

AED 1,000,000 on 31 July 2023: AED 1,263 per sqft for 792 sqft. The unit has 2 registered sales; the first was AED 498,302 in September 2009.

What is the rent for unit 1515?

AED 60,500 a year on the contract signed on 21 September 2023. The previous contract, from July 2023, was AED 60,500; the unit has been rented since December 2013.

How big is unit 1515?

792 sqft (73.6 sqm): a one-bedroom apartment on the 15th floor of a 32-storey tower completed in 2012.

What is unit 1515 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Indigo Tower sold for AED 505,000 to 1,350,000 in the last 12 months, around AED 1,427 per sqft.

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Mortgage on 1515, Indigo Tower

Starts from the last sale price (AED 1M, 31 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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