1-bed · 792 sqftIndigo Tower, Dubailand Residence Complex · 16th floor · completed 2012

1607, Indigo Tower

Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 16 June 2016
Last soldAED 1.08M16 June 2016
Current rentAED 83K /yr25 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, Indigo Tower

What is 1607 worth today?

Last sold for AED 1,075,000 in 2016

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16 Jun 2016SoldReady
AED 1,075,000AED 1,357 per sqft
25 Nov 2015RentedRenewal
AED 83,000/yr12 months · AED 105 per sqft
25 Nov 2014RentedRenewal
AED 80,000/yr12 months · AED 101 per sqft
25 Nov 2013RentedNew contract
AED 80,000/yr12 months · AED 101 per sqft
24 Oct 2012RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft
24 Oct 2011RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft
2 Aug 2009Sold by developerReady
AED 512,857AED 647 per sqft

Source: Dubai Land Department. Updated 16 June 2016.

Key facts

Type
1-bed apartment
Size
792 sqft
Floor
16th of 32
Parking
P - 224
Developer
Indigo Valley
Completed
2012
Service charge
AED 12,400 /yr
Last sold
AED 1.08M · June 2016
Building
Indigo Tower

About 1607, Indigo Tower

1607 is a one-bedroom apartment of 792 sqft on the 16th floor of Indigo Tower, a 32-storey tower in Dubailand Residence Complex completed in 2012 by Indigo Valley. It last sold on 16 June 2016 for AED 1,075,000, or AED 1,357 per sqft, 88% above the AED 723 one-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 5 Ejari contracts. The current contract, renewed on 25 November 2015, is AED 83,000 a year: a gross yield of 7.7% on the 2016 price, before the service charge of about AED 12,400 a year.

Sales and rents for 1607 over time

Sales
Unit 1607, 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, August 2009: AED 512,857 (AED 647 per sqft)Sold, June 2016: AED 1,075,000 (AED 1,357 per sqft)

1607 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1607, each contractTypical one-bed in Indigo Tower
60K80K20112015201920232027Typical 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, October 2011: AED 60,000 a yearNew contract, October 2012: AED 60,000 a yearNew contract, November 2013: AED 80,000 a yearRenewal, November 2014: AED 80,000 a yearRenewal, November 2015: AED 83,000 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 Tower, and where 1607 sits

All 161 1-beds →

1607 last sold in June 2016 at AED 1,357 per sqft, 88% above what one-beds in Indigo Tower were fetching at the time (AED 723). 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. 1607's AED 83,000 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 16th floor

All 405 units in Indigo Tower
Value
16011-bedAED 576K · Jul 2009
1602StudioAED 850K · May 2016
1603StudioAED 780K · Oct 2013
1604StudioAED 590K · Feb 2022
1605StudioAED 424K · Jul 2009
16061-bedAED 605K · Aug 2009
16081-bedAED 950K · Feb 2023
1–7 of 15

1607, Indigo Tower in numbers

  • Sold twice: first on 2 August 2009 for AED 512,857, last on 16 June 2016 for AED 1,075,000 (AED 1,357 per sqft).
  • Rented since October 2011 on 5 Ejari contracts, from AED 60,000 to AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2016 price is 7.7%, 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 16 June 2016.

Questions about 1607, Indigo Tower

What did unit 1607 last sell for?

AED 1,075,000 on 16 June 2016: AED 1,357 per sqft for 792 sqft. The unit has 2 registered sales; the first was AED 512,857 in August 2009.

What is the rent for unit 1607?

AED 83,000 a year on the contract renewed on 25 November 2015. The previous contract, from November 2014, was AED 80,000; the unit has been rented since October 2011.

How big is unit 1607?

792 sqft (73.6 sqm): a one-bedroom apartment on the 16th floor of a 32-storey tower completed in 2012.

What is unit 1607 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 1607, Indigo Tower

Starts from the last sale price (AED 1.08M, 16 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,000
Deposit, UAE resident (20%)
AED 215,000
Deposit, non-resident (40%)
AED 430,000
Monthly over 25 years at 3.7%
AED 4,398

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