Indigo Tower in Jumeirah Lakes Towers - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Indigo Tower

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	74	15,364	1,130,000

Rents in Indigo Tower

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	52	1,438	74,799
1	76	1,223	93,333
2	110	1,182	130,000

The cap rate (rental yield) of investments into Indigo Tower project is 8.1% on average.

The price of an apartment in Indigo Tower is 15,364 AED/sqm on average.

The long term rent of an apartment in Indigo Tower is 1,240 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Indigo Tower is 1,130,000 AED or 15,364 AED/sqm.

Rent for Studio apartment in Indigo Tower is 74,799 AED or 1,438 AED/sqm.
Rent for 1 bedroom apartment in Indigo Tower is 93,333 AED or 1,223 AED/sqm.
Rent for 2 bedroom apartment in Indigo Tower is 130,000 AED or 1,182 AED/sqm.

About Indigo Tower

'Indigo Tower' in 'Jumeirah Lakes Towers' area project description

Indigo Tower is a residential and commercial development located in the heart of Dubai’s Business Bay district. The project is a joint venture between the Dubai-based real estate developer, Indigo Properties and the international property developer, Emaar Properties. The project is a mixed-use development that will feature two towers, one residential and one commercial. The residential tower will feature luxury apartments and penthouses, while the commercial tower will offer office space and retail outlets. The development will also include a hotel, a health club, and a variety of restaurants and cafes.

The Indigo Tower project is designed to provide a modern and luxurious living experience for its residents. The residential tower will feature one, two, and three-bedroom apartments, as well as penthouses. The apartments will be equipped with modern amenities such as high-speed internet, air conditioning, and a fully-equipped kitchen. The penthouses will offer even more luxurious amenities, such as private swimming pools and terraces.

The commercial tower will feature office space for businesses, as well as retail outlets. The office space will be designed to meet the needs of businesses of all sizes, from small start-ups to large corporations. The retail outlets will offer a variety of products and services, from fashion and beauty to electronics and home furnishings.

The Indigo Tower project is expected to be completed in 2021. It will be a modern and luxurious development that will provide its residents and businesses with a unique living and working experience. The project will be a great addition to the Business Bay district, and will help to further enhance Dubai’s reputation as a world-class business and leisure destination.

Q&A on Indigo Tower

What are the advantages of 'Indigo Tower' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Indigo Tower is located in the heart of Dubai's business district, offering easy access to the city's major attractions, shopping malls, and entertainment hubs.

2. Luxury Amenities: The project features a range of luxurious amenities, including a state-of-the-art gym, swimming pool, and spa.

3. High-End Finishes: The project features high-end finishes, such as marble flooring, high-end appliances, and designer fixtures.

4. Affordable Prices: The project offers competitive prices for real estate buyers, making it an attractive option for those looking to invest in Dubai's real estate market.

5. Flexible Payment Plans: The project offers flexible payment plans, allowing buyers to choose the payment option that best suits their needs.

6. Excellent Investment Potential: With its prime location and luxurious amenities, Indigo Tower offers excellent investment potential for real estate buyers.