2-bed · 980 sqftIkarus Building, Dubai Production City (IMPZ) · 11th floor

1104, Ikarus Building

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

Unit 1104 · DLD and Ejari recordsUpdated 5 November 2025
Last soldAED 1M5 November 2025
Current rentAED 53K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, Ikarus Building

What is 1104 worth today?

Last sold for AED 1,000,000 in 2025

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5 Nov 2025Sold by developerReady
AED 1,000,000AED 1,020 per sqft
1 Mar 2024RentedRenewal
AED 52,800/yr12 months · AED 54 per sqft
1 Mar 2023RentedRenewal
AED 48,000/yr12 months · AED 49 per sqft
1 Feb 2022RentedNew contract
AED 45,000/yr13 months · AED 46 per sqft
22 Aug 2020RentedNew contract
AED 44,000/yr14 months · AED 45 per sqft

Source: Dubai Land Department. Updated 5 November 2025.

Key facts

Type
2-bed apartment
Size
980 sqft
Floor
11th of 14
Parking
P1-6
Last sold
AED 1M · November 2025

About 1104, Ikarus Building

1104 is a two-bedroom apartment of 980 sqft on the 11th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 5 November 2025 for AED 1,000,000, or AED 1,020 per sqft, 24% above the AED 821 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 1 March 2024, is AED 52,800 a year: a gross yield of 5.3% on the 2025 price.

Sales and rents for 1104 over time

Sales
Unit 1104, each saleTypical two-bed in Ikarus Building
800K900K1M202520262027Typical sale price by year: 2025 AED 828,519; 2026 AED 1,022,500Sold by developer, November 2025: AED 1,000,000 (AED 1,020 per sqft)

1104 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1104, 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, August 2020: AED 44,000 a yearNew contract, February 2022: AED 45,000 a yearRenewal, March 2023: AED 48,000 a yearRenewal, March 2024: AED 52,800 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 1104 sits

All 56 2-beds →

1104 last sold in November 2025 at AED 1,020 per sqft, 24% above what two-beds in Ikarus Building were fetching at the time (AED 821). 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. 1104's AED 52,800 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 11th floor

All 128 units in Ikarus Building
Value
11011-bedAED 550K · Dec 2025
11021-bedAED 551K · Nov 2025
11032-bedAED 825K · Apr 2025
11051-bedAED 647K · Mar 2025
11061-bedAED 710K · Jan 2026
11071-bedAED 680K · Sep 2025
11082-bedAED 852K · Apr 2025
1–7 of 9

1104, Ikarus Building in numbers

  • Sold once: by the developer on 5 November 2025 for AED 1,000,000, or AED 1,020 per sqft.
  • Rented since August 2020 on 4 Ejari contracts, from AED 44,000 to AED 52,800 a year.
  • At AED 52,800 a year the gross yield on the 2025 price is 5.3%.
  • 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 5 November 2025.

Questions about 1104, Ikarus Building

What did unit 1104 last sell for?

AED 1,000,000 on 5 November 2025, sold by the developer: AED 1,020 per sqft for 980 sqft. It is the only registered sale of the unit.

What is the rent for unit 1104?

AED 52,800 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 48,000; the unit has been rented since August 2020.

How big is unit 1104?

980 sqft (91.0 sqm): a two-bedroom apartment on the 11th floor of a 14-storey tower.

What is unit 1104 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 1104, Ikarus Building

Starts from the last sale price (AED 1M, 5 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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