1-bed · 832 sqftIndigo Tower, Dubailand Residence Complex · 24th floor · completed 2012

2404, Indigo Tower

Sold prices and rental history: sold 4 times, last in October 2022, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 31 October 2022
Last soldAED 990K31 October 2022
Current rentAED 62K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Indigo Tower

What is 2404 worth today?

Last sold for AED 990,000 in 2022

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31 Oct 2022SoldReady
AED 990,000AED 1,189 per sqft
1 Nov 2021RentedNew contract
AED 62,000/yr12 months · AED 75 per sqft
1 Sep 2020RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
1 Jan 2016RentedNew contract
AED 90,000/yr12 months · AED 109 per sqft
13 Oct 2015SoldReady
AED 1,150,000AED 1,382 per sqft
7 Apr 2011SoldReady
AED 620,000AED 745 per sqft
10 Nov 2009Sold by developerReady
AED 534,520AED 642 per sqft

Source: Dubai Land Department. Updated 31 October 2022.

Key facts

Type
1-bed apartment
Size
832 sqft
Floor
24th of 32
Parking
1
Developer
Indigo Valley
Completed
2012
Service charge
AED 13,000 /yr
Last sold
AED 990K · October 2022
Building
Indigo Tower

About 2404, Indigo Tower

2404 is a one-bedroom apartment of 832 sqft on the 24th floor of Indigo Tower, a 32-storey tower in Dubailand Residence Complex completed in 2012 by Indigo Valley. It last sold on 31 October 2022 for AED 990,000, or AED 1,189 per sqft, 17% above the AED 1,015 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 1 November 2021, is AED 62,000 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 13,000 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, 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, November 2009: AED 534,520 (AED 642 per sqft)Sold, April 2011: AED 620,000 (AED 745 per sqft)Sold, October 2015: AED 1,150,000 (AED 1,382 per sqft)Sold, October 2022: AED 990,000 (AED 1,189 per sqft)

2404 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2404, 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, January 2016: AED 90,000 a yearNew contract, September 2020: AED 50,000 a yearNew contract, November 2021: AED 62,000 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 2404 sits

All 161 1-beds →

2404 last sold in October 2022 at AED 1,189 per sqft, 17% above what one-beds in Indigo Tower were fetching at the time (AED 1,015). 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. 2404's AED 62,000 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 24th floor

All 405 units in Indigo Tower
Value
24011-bedAED 535K · Oct 2020
24022-bedAED 866K · Oct 2009
24032-bedAED 1.57M · Nov 2016
24051-bedAED 825K · Jul 2022
24061-bedAED 243K · May 2014
24071-bedAED 995K · Sep 2023
24082-bedAED 920K · Jun 2021
1–7 of 11

2404, Indigo Tower in numbers

  • Sold 4 times: first on 10 November 2009 for AED 534,520, last on 31 October 2022 for AED 990,000 (AED 1,189 per sqft).
  • Rented since January 2016 on 3 Ejari contracts. The rent fell from AED 90,000 to AED 50,000 in 2020 and recovered to AED 62,000 by November 2021.
  • At AED 62,000 a year the gross yield on the 2022 price is 6.3%, before a service charge of about AED 13,000 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 31 October 2022.

Questions about 2404, Indigo Tower

What did unit 2404 last sell for?

AED 990,000 on 31 October 2022: AED 1,189 per sqft for 832 sqft. The unit has 4 registered sales; the first was AED 534,520 in November 2009.

What is the rent for unit 2404?

AED 62,000 a year on the contract signed on 1 November 2021. The previous contract, from September 2020, was AED 50,000; the unit has been rented since January 2016.

How big is unit 2404?

832 sqft (77.3 sqm): a one-bedroom apartment on the 24th floor of a 32-storey tower completed in 2012.

What is unit 2404 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 2404, Indigo Tower

Starts from the last sale price (AED 990K, 31 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 990,000
Deposit, UAE resident (20%)
AED 198,000
Deposit, non-resident (40%)
AED 396,000
Monthly over 25 years at 3.7%
AED 4,050

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