305, Indigo Spectrum 2
Sold prices and rental history: sold 4 times, last in September 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 305, Indigo Spectrum 2
What is 305 worth today?
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Source: Dubai Land Department. Updated 30 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 811 sqft
- Floor
- 3rd of 7
- Parking
- B2-11
- Developer
- Mars Properties Investment
- Completed
- 2017
- Service charge
- AED 9,000 /yr
- Last sold
- AED 480K · September 2024
- Building
- Indigo Spectrum 2
About 305, Indigo Spectrum 2
305 is a one-bedroom apartment of 811 sqft on the 3rd floor of Indigo Spectrum 2, a 7-storey tower in International City completed in 2017 by Mars Properties Investment. It last sold on 30 September 2024 for AED 480,000, or AED 592 per sqft, in line with the AED 592 one-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 21 August 2023, is AED 38,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 9,000 a year.
Sales and rents for 305 over time
305 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Indigo Spectrum 2, and where 305 sits
All 57 1-beds →305 last sold in September 2024 at AED 592 per sqft, in line with what one-beds in Indigo Spectrum 2 were fetching at the time (AED 592). 305's AED 38,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Feb 202512 February 2025 | 777 sqft | 99,024 | 127 | ||
| 12 Feb 202512 February 2025 | 824 sqft | 102,607 | 124 | ||
| 12 Feb 202512 February 2025 | 808 sqft | 102,028 | 126 | ||
| 12 Feb 202512 February 2025 | 820 sqft | 102,921 | 125 |
Indigo Spectrum 2
Building89 apartments, 1-bed to 3-bed over 7 floors in International City, completed in 2017 by Mars Properties Investment. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 45K /yr
- Typical yield
Other units on the 3rd floor
All 89 units in Indigo Spectrum 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 712 sqft | AED 290KAED 290,000 · Feb 2018February 2018 | 54,000 /yr | |
| 302 | 1-bed | 824 sqft | AED 475KAED 475,000 · Dec 2021December 2021 | 51,000 /yr | |
| 303 | 3-bed | 1,606 sqft | AED 556KAED 555,760 · Oct 2017October 2017 | 95,000 /yr | |
| 304 | 3-bed | 1,566 sqft | AED 1.29MAED 1,291,950 · Jun 2018June 2018 | ||
| 306 | 1-bed | 814 sqft | AED 288KAED 287,866 · Oct 2017October 2017 | 50,000 /yr | |
| 307 | 1-bed | 820 sqft | AED 290KAED 290,143 · Oct 2017October 2017 | ||
| 308 | 1-bed | 808 sqft | AED 350KAED 350,000 · Sep 2023September 2023 | 48,000 /yr | |
| 309 | 2-bed | 1,055 sqft | AED 405KAED 405,000 · Jan 2019January 2019 | 72,600 /yr | |
| 310 | 2-bed | 1,054 sqft | AED 376KAED 375,551 · Aug 2017August 2017 | ||
| 311 | 1-bed | 777 sqft | AED 460KAED 460,000 · Oct 2023October 2023 | 40,000 /yr | |
| 312 | 1-bed | 705 sqft | AED 445KAED 445,000 · May 2024May 2024 | 47,000 /yr |
305, Indigo Spectrum 2 in numbers
- Sold 4 times: first on 11 July 2009 for AED 733,097, last on 30 September 2024 for AED 480,000 (AED 592 per sqft).
- Rented since March 2019 on 4 Ejari contracts. The rent fell from AED 45,000 to AED 34,000 in 2022 and recovered to AED 38,000 by August 2023.
- At AED 38,000 a year the gross yield on the 2024 price is 7.9%, before a service charge of about AED 9,000 a year (AED 11.13 per sqft).
Source: Dubai Land Department. Updated 30 September 2024.
Questions about 305, Indigo Spectrum 2
What did unit 305 last sell for?
AED 480,000 on 30 September 2024: AED 592 per sqft for 811 sqft. The unit has 4 registered sales; the first was AED 733,097 in July 2009.
What is the rent for unit 305?
AED 38,000 a year on the contract signed on 21 August 2023. The previous contract, from April 2022, was AED 34,000; the unit has been rented since March 2019.
How big is unit 305?
811 sqft (75.3 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2017.
What is unit 305 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 305, Indigo Spectrum 2
Starts from the last sale price (AED 480K, 30 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus AED 23,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →