1-bed · 822 sqftIndigo Spectrum 2, International City · 7th floor · completed 2017

707, Indigo Spectrum 2

Sold prices and rental history: sold once, by the developer in November 2017, and rented once, from January 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 6 January 2023
Last soldAED 290K2 November 2017
Current rentAED 38K /yr6 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Indigo Spectrum 2

What is 707 worth today?

Last sold for AED 290,143 in 2017

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6 Jan 2023RentedNew contract
AED 37,500/yr12 months · AED 46 per sqft
2 Nov 2017Sold by developerOff-plan
AED 290,143AED 353 per sqft

Source: Dubai Land Department. Updated 6 January 2023.

Key facts

Type
1-bed apartment
Size
822 sqft
Floor
7th of 7
Parking
B2-26
Developer
Mars Properties Investment
Completed
2017
Service charge
AED 9,100 /yr
Last sold
AED 290K · November 2017

About 707, Indigo Spectrum 2

707 is a one-bedroom apartment of 822 sqft on the 7th floor of Indigo Spectrum 2, a 7-storey tower in International City completed in 2017 by Mars Properties Investment. The developer sold it on 2 November 2017 for AED 290,143, or AED 353 per sqft, in line with the AED 359 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 6 January 2023. The current contract, signed on 6 January 2023, is AED 37,500 a year: a gross yield of 12.9% on the 2017 price, before the service charge of about AED 9,100 a year.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical one-bed in Indigo Spectrum 2
250K500K750K20092013201720212025Typical sale price by year: 2009 AED 753,029; 2016 AED 629,617; 2017 AED 290,143; 2018 AED 346,480; 2019 AED 319,250; 2023 AED 455,000; 2024 AED 480,000Sold by developer, November 2017: AED 290,143 (AED 353 per sqft)

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

Rents
Unit 707, each contractTypical one-bed in Indigo Spectrum 2
30K40K50K2017202020232026Typical rent by year: 2017 AED 52,000; 2018 AED 50,000; 2019 AED 42,614; 2020 AED 38,000; 2021 AED 31,500; 2022 AED 33,703; 2023 AED 36,000; 2024 AED 40,000; 2025 AED 47,000New contract, January 2023: AED 37,500 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 Spectrum 2, and where 707 sits

All 57 1-beds →

707 last sold in November 2017 at AED 353 per sqft, in line with what one-beds in Indigo Spectrum 2 were fetching at the time (AED 359). 707's AED 37,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Feb 202599,024
12 Feb 2025102,607
12 Feb 2025102,028
12 Feb 2025102,921
0 1-bed sales in the last 12 months

Indigo Spectrum 2

Building

89 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
Indigo Spectrum 2, International City: prices, sales and rents →

Other units on the 7th floor

All 89 units in Indigo Spectrum 2
Value
7011-bedAED 260K · Oct 2017
7021-bedAED 297K · Oct 2017
7033-bedAED 900K · Jan 2021
7043-bedAED 960K · Mar 2019
7051-bedAED 287K · Aug 2017
7061-bedAED 310K · Mar 2018
7081-bedAED 286K · Nov 2017
1–7 of 11

707, Indigo Spectrum 2 in numbers

  • Sold once: by Mars Properties Investment on 2 November 2017 for AED 290,143, or AED 353 per sqft.
  • Rented since January 2023 on one Ejari contract, at AED 37,500 a year.
  • At AED 37,500 a year the gross yield on the 2017 price is 12.9%, before a service charge of about AED 9,100 a year (AED 11.13 per sqft).

Source: Dubai Land Department. Updated 6 January 2023.

Questions about 707, Indigo Spectrum 2

What did unit 707 last sell for?

AED 290,143 on 2 November 2017, sold by the developer: AED 353 per sqft for 822 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 37,500 a year on the contract signed on 6 January 2023.

How big is unit 707?

822 sqft (76.4 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2017.

What is unit 707 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 707, Indigo Spectrum 2

Starts from the last sale price (AED 290K, 2 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 290,143
Deposit, UAE resident (20%)
AED 58,029
Deposit, non-resident (40%)
AED 116,057
Monthly over 25 years at 3.7%
AED 1,187

Plus AED 15,096 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →