2-bed · 983 sqftIkarus Building, Dubai Production City (IMPZ) · 1st floor

103, Ikarus Building

Sold prices and rental history: sold once, by the developer in April 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 11 April 2025
Last soldAED 786K11 April 2025
Current rentAED 55K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Ikarus Building

What is 103 worth today?

Last sold for AED 785,888 in 2025

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11 Apr 2025Sold by developerReady
AED 785,888AED 799 per sqft
1 Dec 2024RentedRenewal
AED 55,000/yr12 months · AED 56 per sqft
1 Dec 2023RentedRenewal
AED 50,000/yr12 months · AED 51 per sqft
1 Dec 2022RentedNew contract
AED 46,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 11 April 2025.

Key facts

Type
2-bed apartment
Size
983 sqft
Floor
1st of 14
Parking
B2-3
Last sold
AED 786K · April 2025

About 103, Ikarus Building

103 is a two-bedroom apartment of 983 sqft on the 1st floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 11 April 2025 for AED 785,888, or AED 799 per sqft, in line with the AED 817 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 55,000 a year: a gross yield of 7.0% on the 2025 price.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Ikarus Building
800K1M202520262027Typical sale price by year: 2025 AED 828,519; 2026 AED 1,022,500Sold by developer, April 2025: AED 785,888 (AED 799 per sqft)

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

Rents
Unit 103, each contractTypical two-bed in Ikarus Building
40K60K80K20192021202320252027Typical rent by year: 2019 AED 62,000; 2020 AED 45,000; 2021 AED 43,000; 2022 AED 45,000; 2023 AED 49,000; 2024 AED 55,000; 2025 AED 60,708; 2026 AED 75,167New contract, December 2022: AED 46,000 a yearRenewal, December 2023: AED 50,000 a yearRenewal, December 2024: AED 55,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Ikarus Building, and where 103 sits

All 56 2-beds →

103 last sold in April 2025 at AED 799 per sqft, in line with what two-beds in Ikarus Building were fetching at the time (AED 817). Over the last 12 months two-beds sold for AED 900,000 to 1,320,000, around AED 938 per sqft, and rent for AED 55,050 to 100,000 a year. 103's AED 55,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 2026995,000
22 Jun 20261,050,000
20 Jan 20261,320,000
12 Jan 2026900,000
4 2-bed sales in the last 12 months

Ikarus Building

Building

128 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%
Ikarus Building, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 1st floor

All 128 units in Ikarus Building
Value
1011-bedNo registered sale
1021-bedAED 600K · Nov 2025
1042-bedAED 776K · Feb 2025
1051-bedAED 693K · Jul 2025
1061-bedNo registered sale
1071-bedNo registered sale
1082-bedAED 1.12M · Feb 2025
1–7 of 9

103, Ikarus Building in numbers

  • Sold once: by the developer on 11 April 2025 for AED 785,888, or AED 799 per sqft.
  • Rented since December 2022 on 3 Ejari contracts, from AED 46,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2025 price is 7.0%.
  • Two-beds in Ikarus Building sold for AED 900,000–1,320,000 in the 12 months to November 2026; the building's median across all types is AED 894 per sqft.

Source: Dubai Land Department. Updated 11 April 2025.

Questions about 103, Ikarus Building

What did unit 103 last sell for?

AED 785,888 on 11 April 2025, sold by the developer: AED 799 per sqft for 983 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 55,000 a year on the contract renewed on 1 December 2024. The previous contract, from December 2023, was AED 50,000; the unit has been rented since December 2022.

How big is unit 103?

983 sqft (91.3 sqm): a two-bedroom apartment on the 1st floor of a 14-storey tower.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ikarus Building sold for AED 900,000 to 1,320,000 in the last 12 months, around AED 938 per sqft.

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Mortgage on 103, Ikarus Building

Starts from the last sale price (AED 786K, 11 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 785,888
Deposit, UAE resident (20%)
AED 157,178
Deposit, non-resident (40%)
AED 314,355
Monthly over 25 years at 3.7%
AED 3,215

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →