2-bed · 1,942 sqftIkarus Building, Dubai Production City (IMPZ) · 1st floor

108, Ikarus Building

Sold prices and rental history: sold once, by the developer in February 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 4 December 2025
Last soldAED 1.12M20 February 2025
Current rentAED 69K /yr4 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Ikarus Building

What is 108 worth today?

Last sold for AED 1,118,071 in 2025

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4 Dec 2025RentedRenewal
AED 68,700/yr12 months · AED 35 per sqft
20 Feb 2025Sold by developerReady
AED 1,118,071AED 575 per sqft
1 Feb 2025RentedRenewal
AED 64,862/yr10 months · AED 33 per sqft
1 Feb 2025RentedRenewal
AED 64,862/yr10 months · AED 33 per sqft
1 Feb 2024RentedNew contract
AED 62,000/yr12 months · AED 32 per sqft
10 Jan 2023RentedRenewal
AED 50,000/yr12 months · AED 26 per sqft
10 Dec 2021RentedNew contract
AED 48,000/yr13 months · AED 25 per sqft
15 Sep 2020RentedNew contract
AED 46,000/yr14 months · AED 24 per sqft

Source: Dubai Land Department. Updated 4 December 2025.

Key facts

Type
2-bed apartment
Size
1,942 sqft
Floor
1st of 14
Parking
B2-8
Last sold
AED 1.12M · February 2025

About 108, Ikarus Building

108 is a two-bedroom apartment of 1,942 sqft on the 1st floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 20 February 2025 for AED 1,118,071, or AED 575 per sqft, 30% below the AED 817 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 4 December 2025, is AED 68,700 a year: a gross yield of 6.1% on the 2025 price.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical two-bed in Ikarus Building
800K1M202520262027Typical sale price by year: 2025 AED 828,519; 2026 AED 1,022,500Sold by developer, February 2025: AED 1,118,071 (AED 575 per sqft)

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

Rents
Unit 108, 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, September 2020: AED 46,000 a yearNew contract, December 2021: AED 48,000 a yearRenewal, January 2023: AED 50,000 a yearNew contract, February 2024: AED 62,000 a yearRenewal, February 2025: AED 64,862 a yearRenewal, February 2025: AED 64,862 a yearRenewal, December 2025: AED 68,700 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 108 sits

All 56 2-beds →

108 last sold in February 2025 at AED 575 per sqft, 30% below 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. 108's AED 68,700 is in the lower half 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
1032-bedAED 786K · Apr 2025
1042-bedAED 776K · Feb 2025
1051-bedAED 693K · Jul 2025
1061-bedNo registered sale
1071-bedNo registered sale
1–7 of 9

108, Ikarus Building in numbers

  • Sold once: by the developer on 20 February 2025 for AED 1,118,071, or AED 575 per sqft.
  • Rented since September 2020 on 7 Ejari contracts, from AED 46,000 to AED 68,700 a year.
  • At AED 68,700 a year the gross yield on the 2025 price is 6.1%.
  • 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 4 December 2025.

Questions about 108, Ikarus Building

What did unit 108 last sell for?

AED 1,118,071 on 20 February 2025, sold by the developer: AED 575 per sqft for 1,942 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 68,700 a year on the contract renewed on 4 December 2025. The previous contract, from February 2025, was AED 64,862; the unit has been rented since September 2020.

How big is unit 108?

1,942 sqft (180.4 sqm): a two-bedroom apartment on the 1st floor of a 14-storey tower.

What is unit 108 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 108, Ikarus Building

Starts from the last sale price (AED 1.12M, 20 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,118,071
Deposit, UAE resident (20%)
AED 223,614
Deposit, non-resident (40%)
AED 447,228
Monthly over 25 years at 3.7%
AED 4,574

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