1201, 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 1201, Ikarus Building
What is 1201 worth today?
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Source: Dubai Land Department. Updated 8 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 589 sqft
- Floor
- 12th of 14
- Parking
- P1-13
- Last sold
- AED 503K · March 2025
- Building
- Ikarus Building
About 1201, Ikarus Building
1201 is a one-bedroom apartment of 589 sqft on the 12th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 19 March 2025 for AED 502,888, or AED 854 per sqft, 9% above the AED 783 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 8 July 2026, is AED 50,000 a year: a gross yield of 9.9% on the 2025 price.
Sales and rents for 1201 over time
1201 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Ikarus Building, and where 1201 sits
All 72 1-beds →1201 last sold in March 2025 at AED 854 per sqft, 9% above what one-beds in Ikarus Building were fetching at the time (AED 783). Over the last 12 months one-beds sold for AED 532,888 to 750,888, around AED 894 per sqft, and rent for AED 46,000 to 65,000 a year. 1201's AED 50,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 May 202620 May 2026 | 778 sqft | 676,888 | 869 | ||
| 20 Apr 202620 April 2026 | 779 sqft | 693,888 | 890 | ||
| 10 Apr 202610 April 2026 | 776 sqft | 680,000 | 876 | ||
| 27 Mar 202627 March 2026 | 762 sqft | 670,000 | 879 |
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 12th floor
All 128 units in Ikarus Building| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 1-bed | 592 sqft | AED 490KAED 490,188 · Jun 2025June 2025 | 56,000 /yr | |
| 1203 | 2-bed | 979 sqft | AED 830KAED 829,888 · Apr 2025April 2025 | 56,100 /yr | |
| 1204 | 2-bed | 984 sqft | AED 834KAED 834,000 · Apr 2025April 2025 | 57,750 /yr | |
| 1205 | 1-bed | 783 sqft | AED 751KAED 750,888 · Jan 2026January 2026 | 40,150 /yr | |
| 1206 | 1-bed | 764 sqft | AED 666KAED 665,888 · Feb 2025February 2025 | 36,500 /yr | |
| 1207 | 1-bed | 777 sqft | AED 500KAED 500,000 · Apr 2025April 2025 | 42,000 /yr | |
| 1208 | 2-bed | 1,028 sqft | AED 852KAED 852,280 · Apr 2025April 2025 | 75,000 /yr | |
| 1209 | 2-bed | 1,027 sqft | AED 860KAED 860,000 · Sep 2025September 2025 | 73,000 /yr | |
| 1210 | 1-bed | 584 sqft | AED 560KAED 560,000 · Dec 2025December 2025 | 62,000 /yr |
1201, Ikarus Building in numbers
- Sold once: by the developer on 19 March 2025 for AED 502,888, or AED 854 per sqft.
- Rented since December 2020 on 8 Ejari contracts, from AED 24,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2025 price is 9.9%.
- One-beds in Ikarus Building sold for AED 532,888–750,888 in the 12 months to November 2026; the building's median across all types is AED 894 per sqft.
Source: Dubai Land Department. Updated 8 July 2026.
Questions about 1201, Ikarus Building
What did unit 1201 last sell for?
AED 502,888 on 19 March 2025, sold by the developer: AED 854 per sqft for 589 sqft. It is the only registered sale of the unit.
What is the rent for unit 1201?
AED 50,000 a year on the contract signed on 8 July 2026. The previous contract, from December 2025, was AED 57,000; the unit has been rented since December 2020.
How big is unit 1201?
589 sqft (54.7 sqm): a one-bedroom apartment on the 12th floor of a 14-storey tower.
What is unit 1201 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ikarus Building sold for AED 532,888 to 750,888 in the last 12 months, around AED 894 per sqft.
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Mortgage on 1201, Ikarus Building
Starts from the last sale price (AED 503K, 19 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 502,888
- Deposit, UAE resident (20%)
- AED 100,578
- Deposit, non-resident (40%)
- AED 201,155
- Monthly over 25 years at 3.7%
- AED 2,057
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →