1-bed · 811 sqftIndigo Spectrum 2, International City · 7th floor · completed 2017

708, Indigo Spectrum 2

Sold prices and rental history: sold once, by the developer in November 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 25 June 2023
Last soldAED 286K6 November 2017
Current rentAED 35K /yr25 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Indigo Spectrum 2

What is 708 worth today?

Last sold for AED 285,588 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Jun 2023RentedNew contract
AED 35,000/yr12 months · AED 43 per sqft
10 Jun 2022RentedRenewal
AED 29,000/yr12 months · AED 36 per sqft
10 Jun 2021RentedNew contract
AED 27,000/yr12 months · AED 33 per sqft
6 Nov 2017Sold by developerOff-plan
AED 285,588AED 352 per sqft

Source: Dubai Land Department. Updated 25 June 2023.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
7th of 7
Parking
B2-32
Developer
Mars Properties Investment
Completed
2017
Service charge
AED 9,000 /yr
Last sold
AED 286K · November 2017

About 708, Indigo Spectrum 2

708 is a one-bedroom apartment of 811 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 6 November 2017 for AED 285,588, or AED 352 per sqft, in line with the AED 358 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 25 June 2023, is AED 35,000 a year: a gross yield of 12.3% on the 2017 price, before the service charge of about AED 9,000 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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 285,588 (AED 352 per sqft)

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

Rents
Unit 708, each contractTypical one-bed in Indigo Spectrum 2
40K2017202020232026Typical 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, June 2021: AED 27,000 a yearRenewal, June 2022: AED 29,000 a yearNew contract, June 2023: AED 35,000 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 Spectrum 2, and where 708 sits

All 57 1-beds →

708 last sold in November 2017 at AED 352 per sqft, in line with what one-beds in Indigo Spectrum 2 were fetching at the time (AED 358). 708's AED 35,000 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
7071-bedAED 290K · Nov 2017
1–7 of 11

708, Indigo Spectrum 2 in numbers

  • Sold once: by Mars Properties Investment on 6 November 2017 for AED 285,588, or AED 352 per sqft.
  • Rented since June 2021 on 3 Ejari contracts, from AED 27,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2017 price is 12.3%, before a service charge of about AED 9,000 a year (AED 11.13 per sqft).

Source: Dubai Land Department. Updated 25 June 2023.

Questions about 708, Indigo Spectrum 2

What did unit 708 last sell for?

AED 285,588 on 6 November 2017, sold by the developer: AED 352 per sqft for 811 sqft. It is the only registered sale of the unit.

What is the rent for unit 708?

AED 35,000 a year on the contract signed on 25 June 2023. The previous contract, from June 2022, was AED 29,000; the unit has been rented since June 2021.

How big is unit 708?

811 sqft (75.3 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2017.

What is unit 708 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 708? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 708, Indigo Spectrum 2

Starts from the last sale price (AED 286K, 6 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 285,588
Deposit, UAE resident (20%)
AED 57,118
Deposit, non-resident (40%)
AED 114,235
Monthly over 25 years at 3.7%
AED 1,168

Plus AED 14,905 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →