1-bed · 792 sqftIndigo Tower, Dubailand Residence Complex · 17th floor · completed 2012

1708, Indigo Tower

Sold prices and rental history: sold twice, last in July 2012, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1708 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 730K26 July 2012
Current rentAED 80K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1708, Indigo Tower

What is 1708 worth today?

Last sold for AED 730,000 in 2012

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1 Nov 2024RentedRenewal
AED 80,000/yr12 months · AED 100 per sqft
1 Nov 2023RentedRenewal
AED 65,000/yr12 months · AED 82 per sqft
1 Nov 2022RentedRenewal
AED 57,200/yr12 months · AED 72 per sqft
18 Sep 2020RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft
1 Feb 2020RentedNew contract
AED 55,000/yr12 months · AED 69 per sqft
1 Dec 2018RentedNew contract
AED 65,000/yr12 months · AED 82 per sqft
6 Nov 2016RentedNew contract
AED 87,000/yr12 months · AED 109 per sqft
30 Oct 2013RentedNew contract
AED 80,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
792 sqft
Floor
17th of 32
Parking
P - 241
Developer
Indigo Valley
Completed
2012
Service charge
AED 12,400 /yr
Last sold
AED 730K · July 2012
Building
Indigo Tower

About 1708, Indigo Tower

1708 is a one-bedroom apartment of 792 sqft on the 17th floor of Indigo Tower, a 32-storey tower in Dubailand Residence Complex completed in 2012 by Indigo Valley. It last sold on 26 July 2012 for AED 730,000, or AED 922 per sqft, 33% above the AED 694 one-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 10 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 80,000 a year: a gross yield of 11.0% on the 2012 price, before the service charge of about AED 12,400 a year.

Sales and rents for 1708 over time

Sales
Unit 1708, 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, July 2012: AED 730,000 (AED 922 per sqft)

1708 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1708, each contractTypical one-bed in Indigo Tower
40K60K80K20112015201920232027Typical 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 58,000 a yearNew contract, October 2012: AED 62,000 a yearNew contract, October 2013: AED 80,000 a yearNew contract, November 2016: AED 87,000 a yearNew contract, December 2018: AED 65,000 a yearNew contract, February 2020: AED 55,000 a yearNew contract, September 2020: AED 45,000 a yearRenewal, November 2022: AED 57,200 a yearRenewal, November 2023: AED 65,000 a yearRenewal, November 2024: AED 80,000 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 1708 sits

All 161 1-beds →

1708 last sold in July 2012 at AED 922 per sqft, 33% above what one-beds in Indigo Tower were fetching at the time (AED 694). 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. 1708's AED 80,000 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 17th floor

All 405 units in Indigo Tower
Value
17011-bedAED 475K · Sep 2015
1702StudioAED 600K · Apr 2022
1703StudioAED 396K · Apr 2016
1704StudioAED 800K · Nov 2013
1705StudioAED 427K · Jul 2009
17061-bedAED 1.28M · Jul 2025
17071-bedAED 1.18M · Dec 2013
1–7 of 15

1708, Indigo Tower in numbers

  • Sold twice: first on 2 August 2009 for AED 512,857, last on 26 July 2012 for AED 730,000 (AED 922 per sqft).
  • Rented since October 2011 on 10 Ejari contracts. The rent fell from AED 58,000 to AED 45,000 in 2020 and recovered to AED 80,000 by November 2024.
  • At AED 80,000 a year the gross yield on the 2012 price is 11.0%, 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 1 November 2024.

Questions about 1708, Indigo Tower

What did unit 1708 last sell for?

AED 730,000 on 26 July 2012: AED 922 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 1708?

AED 80,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 65,000; the unit has been rented since October 2011.

How big is unit 1708?

792 sqft (73.6 sqm): a one-bedroom apartment on the 17th floor of a 32-storey tower completed in 2012.

What is unit 1708 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 1708, Indigo Tower

Starts from the last sale price (AED 730K, 26 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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