1005, Ikarus Building
Sold prices and rental history: sold once, by the developer in October 2025, 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 1005, Ikarus Building
What is 1005 worth today?
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Source: Dubai Land Department. Updated 25 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 779 sqft
- Floor
- 10th of 14
- Parking
- B1-39
- Last sold
- AED 705K · October 2025
- Building
- Ikarus Building
About 1005, Ikarus Building
1005 is a one-bedroom apartment of 779 sqft on the 10th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 14 October 2025 for AED 705,000, or AED 905 per sqft, 12% above the AED 810 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 25 October 2025, is AED 62,000 a year: a gross yield of 8.8% on the 2025 price.
Sales and rents for 1005 over time
1005 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 1005 sits
All 72 1-beds →1005 last sold in October 2025 at AED 905 per sqft, 12% above what one-beds in Ikarus Building were fetching at the time (AED 810). 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. 1005's AED 62,000 is in the upper 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 | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 589 sqft | AED 489KAED 488,888 · Apr 2025April 2025 | 50,000 /yr | |
| 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 | |
| 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 |
1005, Ikarus Building in numbers
- Sold once: by the developer on 14 October 2025 for AED 705,000, or AED 905 per sqft.
- Rented since October 2019 on 6 Ejari contracts. The rent fell from AED 42,000 to AED 28,000 in 2021 and recovered to AED 62,000 by October 2025.
- At AED 62,000 a year the gross yield on the 2025 price is 8.8%.
- 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 25 October 2025.
Questions about 1005, Ikarus Building
What did unit 1005 last sell for?
AED 705,000 on 14 October 2025, sold by the developer: AED 905 per sqft for 779 sqft. It is the only registered sale of the unit.
What is the rent for unit 1005?
AED 62,000 a year on the contract signed on 25 October 2025. The previous contract, from May 2024, was AED 36,800; the unit has been rented since October 2019.
How big is unit 1005?
779 sqft (72.4 sqm): a one-bedroom apartment on the 10th floor of a 14-storey tower.
What is unit 1005 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 1005, Ikarus Building
Starts from the last sale price (AED 705K, 14 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 705,000
- Deposit, UAE resident (20%)
- AED 141,000
- Deposit, non-resident (40%)
- AED 282,000
- Monthly over 25 years at 3.7%
- AED 2,884
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →