109, Ikarus Building
Sold prices and rental history: sold once, by the developer in March 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 109, Ikarus Building
What is 109 worth today?
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Source: Dubai Land Department. Updated 28 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,941 sqft
- Floor
- 1st of 14
- Parking
- B2-9
- Last sold
- AED 951K · March 2025
- Building
- Ikarus Building
About 109, Ikarus Building
109 is a two-bedroom apartment of 1,941 sqft on the 1st floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 28 March 2025 for AED 950,888, or AED 489 per sqft, 40% below the AED 812 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 15 June 2024, is AED 56,100 a year: a gross yield of 5.9% on the 2025 price.
Sales and rents for 109 over time
No registered sale of 109; the dashed line is the two-bed median of each year in the building.
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 109 sits
All 56 2-beds →109 last sold in March 2025 at AED 489 per sqft, 40% below what two-beds in Ikarus Building were fetching at the time (AED 812). 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. 109's AED 56,100 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 996 sqft | 995,000 | 999 | ||
| 22 Jun 202622 June 2026 | 985 sqft | 1,050,000 | 1,065 | ||
| 20 Jan 202620 January 2026 | 1,859 sqft | 1,320,000 | 710 | ||
| 12 Jan 202612 January 2026 | 1,026 sqft | 900,000 | 876 |
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 1st floor
All 128 units in Ikarus Building| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 1,425 sqft | No registered sale | 38,500 /yr | |
| 102 | 1-bed | 1,226 sqft | AED 600KAED 600,000 · Nov 2025November 2025 | 52,000 /yr | |
| 103 | 2-bed | 983 sqft | AED 786KAED 785,888 · Apr 2025April 2025 | 55,000 /yr | |
| 104 | 2-bed | 992 sqft | AED 776KAED 776,088 · Feb 2025February 2025 | 55,200 /yr | |
| 105 | 1-bed | 1,414 sqft | AED 693KAED 692,888 · Jul 2025July 2025 | 65,000 /yr | |
| 106 | 1-bed | 1,596 sqft | No registered sale | 39,740 /yr | |
| 107 | 1-bed | 1,586 sqft | No registered sale | 39,050 /yr | |
| 108 | 2-bed | 1,942 sqft | AED 1.12MAED 1,118,071 · Feb 2025February 2025 | 68,700 /yr | |
| 110 | 1-bed | 1,392 sqft | AED 694KAED 694,000 · Nov 2025November 2025 | 56,000 /yr |
109, Ikarus Building in numbers
- Sold once: by the developer on 28 March 2025 for AED 950,888, or AED 489 per sqft.
- Rented since October 2020 on 4 Ejari contracts, from AED 46,002 to AED 56,100 a year.
- At AED 56,100 a year the gross yield on the 2025 price is 5.9%.
- 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 28 March 2025.
Questions about 109, Ikarus Building
What did unit 109 last sell for?
AED 950,888 on 28 March 2025, sold by the developer: AED 489 per sqft for 1,941 sqft. It is the only registered sale of the unit.
What is the rent for unit 109?
AED 56,100 a year on the contract renewed on 15 June 2024. The previous contract, from June 2023, was AED 51,000; the unit has been rented since October 2020.
How big is unit 109?
1,941 sqft (180.3 sqm): a two-bedroom apartment on the 1st floor of a 14-storey tower.
What is unit 109 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 109, Ikarus Building
Starts from the last sale price (AED 951K, 28 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 950,888
- Deposit, UAE resident (20%)
- AED 190,178
- Deposit, non-resident (40%)
- AED 380,355
- Monthly over 25 years at 3.7%
- AED 3,890
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →