2-bed · 1,251 sqftIndigo Spectrum 1, International City · 7th floor · completed 2015

708, Indigo Spectrum 1

Sold prices and rental history: sold twice, last in January 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 10 October 2023
Last soldAED 520K11 January 2017
Current rentAED 60K /yr10 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Indigo Spectrum 1

What is 708 worth today?

Last sold for AED 520,000 in 2017

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10 Oct 2023RentedNew contract
AED 60,000/yr12 months · AED 48 per sqft
1 Oct 2022RentedNew contract
AED 52,000/yr12 months · AED 42 per sqft
1 Oct 2020RentedNew contract
AED 48,000/yr12 months · AED 38 per sqft
1 Jan 2019RentedNew contract
AED 67,000/yr12 months · AED 54 per sqft
11 Jan 2017SoldReady
AED 520,000AED 415 per sqft
31 Dec 2015Sold by developerReady
AED 1,050,975AED 840 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2023.

Key facts

Type
2-bed apartment
Size
1,251 sqft
Floor
7th of 7
Parking
B1-06
Developer
Mars Properties Investment
Completed
2015
Service charge
AED 14,700 /yr
Last sold
AED 520K · January 2017

About 708, Indigo Spectrum 1

708 is a two-bedroom apartment of 1,251 sqft on the 7th floor of Indigo Spectrum 1, a 7-storey tower in International City completed in 2015 by Mars Properties Investment. It last sold on 11 January 2017 for AED 520,000, or AED 415 per sqft, 49% below the AED 813 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 10 October 2023, is AED 60,000 a year: a gross yield of 11.5% on the 2017 price, before the service charge of about AED 14,700 a year.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical two-bed in Indigo Spectrum 1
500K1M2009201420192024Typical sale price by year: 2009 AED 1,141,640; 2015 AED 970,000; 2016 AED 1,062,988; 2017 AED 895,000; 2023 AED 700,000; 2025 AED 917,500Sold by developer, December 2015: AED 1,050,975 (AED 840 per sqft)Sold, January 2017: AED 520,000 (AED 415 per sqft)

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

Rents
Unit 708, each contractTypical two-bed in Indigo Spectrum 1
40K60K80K2015201820212024Typical rent by year: 2015 AED 85,000; 2016 AED 85,000; 2017 AED 73,500; 2018 AED 65,000; 2019 AED 60,000; 2020 AED 51,000; 2021 AED 45,000; 2022 AED 47,300; 2023 AED 52,000; 2024 AED 61,000; 2025 AED 65,000New contract, January 2019: AED 67,000 a yearNew contract, October 2020: AED 48,000 a yearNew contract, October 2022: AED 52,000 a yearNew contract, October 2023: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Indigo Spectrum 1, and where 708 sits

All 24 2-beds →

708 last sold in January 2017 at AED 415 per sqft, 49% below what two-beds in Indigo Spectrum 1 were fetching at the time (AED 813). Over the last 12 months two-beds sold for AED 830,000 to 953,000, around AED 708 per sqft, and rent for AED 35,000 to 70,000 a year. 708's AED 60,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Jan 2026830,000
15 Dec 2025953,000
2 Apr 2025900,000
20 Feb 2025850,000
2 2-bed sales in the last 12 months

Indigo Spectrum 1

Building

89 apartments, 1-bed to 3-bed over 7 floors in International City, completed in 2015 by Mars Properties Investment. 6 sold in the last 12 months.

Typical price per sqft
AED 708
Typical sale
AED 700K
Typical rent
AED 48K /yr
Typical yield
7.9%
Indigo Spectrum 1, International City: prices, sales and rents →

Other units on the 7th floor

All 89 units in Indigo Spectrum 1
Value
7011-bedAED 720K · May 2016
7031-bedAED 308K · Jan 2018
7041-bedAED 690K · Nov 2016
7051-bedAED 480K · Mar 2023
7071-bedAED 490K · Mar 2017
7091-bedAED 470K · Oct 2023
7101-bedAED 550K · Mar 2024
1–7 of 10

708, Indigo Spectrum 1 in numbers

  • Sold twice: first on 31 December 2015 for AED 1,050,975, last on 11 January 2017 for AED 520,000 (AED 415 per sqft).
  • Rented since January 2019 on 4 Ejari contracts. The rent fell from AED 67,000 to AED 48,000 in 2020 and recovered to AED 60,000 by October 2023.
  • At AED 60,000 a year the gross yield on the 2017 price is 11.5%, before a service charge of about AED 14,700 a year (AED 11.73 per sqft).
  • Two-beds in Indigo Spectrum 1 sold for AED 830,000–953,000 in the 12 months to November 2026; the building's median across all types is AED 708 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2023.

Questions about 708, Indigo Spectrum 1

What did unit 708 last sell for?

AED 520,000 on 11 January 2017: AED 415 per sqft for 1,251 sqft. The unit has 2 registered sales; the first was AED 1,050,975 in December 2015.

What is the rent for unit 708?

AED 60,000 a year on the contract signed on 10 October 2023. The previous contract, from October 2022, was AED 52,000; the unit has been rented since January 2019.

How big is unit 708?

1,251 sqft (116.2 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2015.

What is unit 708 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Indigo Spectrum 1 sold for AED 830,000 to 953,000 in the last 12 months, around AED 708 per sqft.

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Mortgage on 708, Indigo Spectrum 1

Starts from the last sale price (AED 520K, 11 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

Plus AED 26,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →