1108, Ikarus Building
Sold prices and rental history: sold once, by the developer in April 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1108, Ikarus Building
What is 1108 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,026 sqft
- Floor
- 11th of 14
- Parking
- P1-10,P2-2
- Last sold
- AED 852K · April 2025
- Building
- Ikarus Building
About 1108, Ikarus Building
1108 is a two-bedroom apartment of 1,026 sqft on the 11th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 17 April 2025 for AED 851,888, or AED 830 per sqft, in line with the AED 820 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 55,000 a year: a gross yield of 6.5% on the 2025 price.
Sales and rents for 1108 over time
1108 has sold once; 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 1108 sits
All 56 2-beds →1108 last sold in April 2025 at AED 830 per sqft, in line with what two-beds in Ikarus Building were fetching at the time (AED 820). 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. 1108's AED 55,000 is at the bottom 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 11th floor
All 128 units in Ikarus Building| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 593 sqft | AED 550KAED 550,000 · Dec 2025December 2025 | 37,950 /yr | |
| 1102 | 1-bed | 592 sqft | AED 551KAED 550,888 · Nov 2025November 2025 | 55,000 /yr | |
| 1103 | 2-bed | 979 sqft | AED 825KAED 824,888 · Apr 2025April 2025 | 70,000 /yr | |
| 1104 | 2-bed | 980 sqft | AED 1MAED 1,000,000 · Nov 2025November 2025 | 52,800 /yr | |
| 1105 | 1-bed | 779 sqft | AED 647KAED 646,888 · Mar 2025March 2025 | 45,000 /yr | |
| 1106 | 1-bed | 765 sqft | AED 710KAED 710,000 · Jan 2026January 2026 | 40,700 /yr | |
| 1107 | 1-bed | 779 sqft | AED 680KAED 680,000 · Sep 2025September 2025 | 60,000 /yr | |
| 1109 | 2-bed | 1,025 sqft | AED 829KAED 828,888 · Mar 2025March 2025 | 52,121 /yr | |
| 1110 | 1-bed | 585 sqft | AED 551KAED 550,888 · Aug 2025August 2025 | 53,000 /yr |
1108, Ikarus Building in numbers
- Sold once: by the developer on 17 April 2025 for AED 851,888, or AED 830 per sqft.
- Rented since April 2022 on 5 Ejari contracts, from AED 42,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2025 price is 6.5%.
- 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 1 May 2025.
Questions about 1108, Ikarus Building
What did unit 1108 last sell for?
AED 851,888 on 17 April 2025, sold by the developer: AED 830 per sqft for 1,026 sqft. It is the only registered sale of the unit.
What is the rent for unit 1108?
AED 55,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2025, was AED 55,000; the unit has been rented since April 2022.
How big is unit 1108?
1,026 sqft (95.3 sqm): a two-bedroom apartment on the 11th floor of a 14-storey tower.
What is unit 1108 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 1108, Ikarus Building
Starts from the last sale price (AED 852K, 17 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 851,888
- Deposit, UAE resident (20%)
- AED 170,378
- Deposit, non-resident (40%)
- AED 340,755
- Monthly over 25 years at 3.7%
- AED 3,485
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →