1001, Ikarus Building
Sold prices and rental history: sold once, by the developer in April 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Ikarus Building
What is 1001 worth today?
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Source: Dubai Land Department. Updated 4 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 589 sqft
- Floor
- 10th of 14
- Parking
- B1-35
- Last sold
- AED 489K · April 2025
- Building
- Ikarus Building
About 1001, Ikarus Building
1001 is a one-bedroom apartment of 589 sqft on the 10th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 10 April 2025 for AED 488,888, or AED 830 per sqft, 5% above the AED 793 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 4 December 2025, is AED 50,000 a year: a gross yield of 10.2% on the 2025 price.
Sales and rents for 1001 over time
1001 has sold once; 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 Ikarus Building, and where 1001 sits
All 72 1-beds →1001 last sold in April 2025 at AED 830 per sqft, 5% above what one-beds in Ikarus Building were fetching at the time (AED 793). Over the last 12 months one-beds sold for AED 532,888 to 750,888, around AED 894 per sqft, and rent for AED 46,000 to 65,000 a year. 1001's AED 50,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 May 202620 May 2026 | 778 sqft | 676,888 | 869 | ||
| 20 Apr 202620 April 2026 | 779 sqft | 693,888 | 890 | ||
| 10 Apr 202610 April 2026 | 776 sqft | 680,000 | 876 | ||
| 27 Mar 202627 March 2026 | 762 sqft | 670,000 | 879 |
Ikarus Building
Building128 apartments, 1-bed to 2-bed over 14 floors in Dubai Production City (IMPZ). 24 sold in the last 12 months.
- Typical price per sqft
- AED 894 Up 9.2%
- Typical sale
- AED 680K
- Typical rent
- AED 59K /yr
- Typical yield
- 8.8%
Other units on the 10th floor
All 128 units in Ikarus Building| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 1-bed | 592 sqft | AED 533KAED 532,888 · Feb 2026February 2026 | 55,000 /yr | |
| 1003 | 2-bed | 978 sqft | AED 821KAED 820,663 · Jan 2025January 2025 | 75,000 /yr | |
| 1004 | 2-bed | 980 sqft | AED 1MAED 1,000,000 · Aug 2025August 2025 | 80,000 /yr | |
| 1005 | 1-bed | 779 sqft | AED 705KAED 705,000 · Oct 2025October 2025 | 62,000 /yr | |
| 1006 | 1-bed | 762 sqft | AED 625KAED 624,888 · May 2025May 2025 | 55,000 /yr | |
| 1007 | 1-bed | 777 sqft | AED 661KAED 660,888 · Jun 2025June 2025 | 39,117 /yr | |
| 1008 | 2-bed | 1,027 sqft | AED 825KAED 824,888 · Feb 2025February 2025 | 54,000 /yr | |
| 1009 | 2-bed | 1,026 sqft | AED 829KAED 828,519 · Jan 2025January 2025 | 55,660 /yr | |
| 1010 | 1-bed | 584 sqft | AED 556KAED 555,888 · Nov 2025November 2025 | 50,000 /yr |
1001, Ikarus Building in numbers
- Sold once: by the developer on 10 April 2025 for AED 488,888, or AED 830 per sqft.
- Rented since December 2020 on 6 Ejari contracts, from AED 24,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2025 price is 10.2%.
- One-beds in Ikarus Building sold for AED 532,888–750,888 in the 12 months to November 2026; the building's median across all types is AED 894 per sqft.
Source: Dubai Land Department. Updated 4 December 2025.
Questions about 1001, Ikarus Building
What did unit 1001 last sell for?
AED 488,888 on 10 April 2025, sold by the developer: AED 830 per sqft for 589 sqft. It is the only registered sale of the unit.
What is the rent for unit 1001?
AED 50,000 a year on the contract renewed on 4 December 2025. The previous contract, from February 2025, was AED 38,208; the unit has been rented since December 2020.
How big is unit 1001?
589 sqft (54.7 sqm): a one-bedroom apartment on the 10th floor of a 14-storey tower.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ikarus Building sold for AED 532,888 to 750,888 in the last 12 months, around AED 894 per sqft.
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Mortgage on 1001, Ikarus Building
Starts from the last sale price (AED 489K, 10 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 488,888
- Deposit, UAE resident (20%)
- AED 97,778
- Deposit, non-resident (40%)
- AED 195,555
- Monthly over 25 years at 3.7%
- AED 2,000
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →