Studio · 490 sqftIndigo Tower, Dubailand Residence Complex · 4th floor · completed 2012

402, Indigo Tower

Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 270K14 July 2013
Current rentAED 24K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Indigo Tower

What is 402 worth today?

Last sold for AED 269,714 in 2013

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1 Oct 2023RentedRenewal
AED 24,000/yr12 months · AED 49 per sqft
1 Oct 2022RentedRenewal
AED 20,000/yr12 months · AED 41 per sqft
1 Oct 2021RentedNew contract
AED 18,000/yr12 months · AED 37 per sqft
5 Jan 2021RentedNew contract
AED 20,000/yr12 months · AED 41 per sqft
10 Jun 2019RentedRenewal
AED 30,000/yr12 months · AED 61 per sqft
10 Jun 2017RentedNew contract
AED 42,000/yr12 months · AED 86 per sqft
14 Jul 2013Sold by developerReady
AED 269,714AED 549 per sqft

Source: Dubai Land Department. Updated 1 October 2023.

Key facts

Type
Studio apartment
Size
490 sqft
Floor
4th of 32
Parking
B1-25
Developer
Indigo Valley
Completed
2012
Service charge
AED 7,700 /yr
Last sold
AED 270K · July 2013
Building
Indigo Tower

About 402, Indigo Tower

402 is a studio of 490 sqft on the 4th floor of Indigo Tower, a 32-storey tower in Dubailand Residence Complex completed in 2012 by Indigo Valley. The developer sold it on 14 July 2013 for AED 269,714, or AED 549 per sqft, in line with the AED 549 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 24,000 a year: a gross yield of 8.9% on the 2013 price, before the service charge of about AED 7,700 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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 2013: AED 269,714 (AED 549 per sqft)

402 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 402, 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 2017: AED 42,000 a yearRenewal, June 2019: AED 30,000 a yearNew contract, January 2021: AED 20,000 a yearNew contract, October 2021: AED 18,000 a yearRenewal, October 2022: AED 20,000 a yearRenewal, October 2023: AED 24,000 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 402 sits

All 148 studios →

402 last sold in July 2013 at AED 549 per sqft, in line with what studios in Indigo Tower were fetching at the time (AED 549). 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. 402's AED 24,000 is at the bottom 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 4th floor

All 405 units in Indigo Tower
Value
401StudioAED 314K · Apr 2013
4031-bedAED 390K · Jul 2013
4041-bedAED 379K · Jul 2013
4051-bedAED 334K · Apr 2013
406AED 396K · Sep 2025
407AED 695K · Oct 2025
408StudioAED 210K · Jun 2022
1–7 of 16

402, Indigo Tower in numbers

  • Sold once: by Indigo Valley on 14 July 2013 for AED 269,714, or AED 549 per sqft.
  • Rented since June 2017 on 6 Ejari contracts. The rent fell from AED 42,000 to AED 18,000 in 2021 and recovered to AED 24,000 by October 2023.
  • At AED 24,000 a year the gross yield on the 2013 price is 8.9%, before a service charge of about AED 7,700 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 1 October 2023.

Questions about 402, Indigo Tower

What did unit 402 last sell for?

AED 269,714 on 14 July 2013, sold by the developer: AED 549 per sqft for 490 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 24,000 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 20,000; the unit has been rented since June 2017.

How big is unit 402?

490 sqft (45.5 sqm): a studio on the 4th floor of a 32-storey tower completed in 2012.

What is unit 402 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 402, Indigo Tower

Starts from the last sale price (AED 270K, 14 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 269,714
Deposit, UAE resident (20%)
AED 53,943
Deposit, non-resident (40%)
AED 107,886
Monthly over 25 years at 3.7%
AED 1,103

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