1205, Ikarus Building
Sold prices and rental history: sold once, by the developer in January 2026, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1205, Ikarus Building
What is 1205 worth today?
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Source: Dubai Land Department. Updated 20 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 783 sqft
- Floor
- 12th of 14
- Parking
- P1-17
- Last sold
- AED 751K · January 2026
- Building
- Ikarus Building
About 1205, Ikarus Building
1205 is a one-bedroom apartment of 783 sqft on the 12th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 20 January 2026 for AED 750,888, or AED 958 per sqft, 15% above the AED 833 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 7 December 2024, is AED 40,150 a year: a gross yield of 5.3% on the 2026 price.
Sales and rents for 1205 over time
1205 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 1205 sits
All 72 1-beds →1205 last sold in January 2026 at AED 958 per sqft, 15% above what one-beds in Ikarus Building were fetching at the time (AED 833). 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. 1205's AED 40,150 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 589 sqft | AED 503KAED 502,888 · Mar 2025March 2025 | 50,000 /yr | |
| 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 | |
| 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 |
1205, Ikarus Building in numbers
- Sold once: by the developer on 20 January 2026 for AED 750,888, or AED 958 per sqft.
- Rented since November 2019 on 6 Ejari contracts. The rent fell from AED 40,000 to AED 30,000 in 2021 and recovered to AED 40,150 by December 2024.
- At AED 40,150 a year the gross yield on the 2026 price is 5.3%.
- 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 20 January 2026.
Questions about 1205, Ikarus Building
What did unit 1205 last sell for?
AED 750,888 on 20 January 2026, sold by the developer: AED 958 per sqft for 783 sqft. It is the only registered sale of the unit.
What is the rent for unit 1205?
AED 40,150 a year on the contract renewed on 7 December 2024. The previous contract, from December 2023, was AED 36,500; the unit has been rented since November 2019.
How big is unit 1205?
783 sqft (72.7 sqm): a one-bedroom apartment on the 12th floor of a 14-storey tower.
What is unit 1205 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 1205, Ikarus Building
Starts from the last sale price (AED 751K, 20 January 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 750,888
- Deposit, UAE resident (20%)
- AED 150,178
- Deposit, non-resident (40%)
- AED 300,355
- Monthly over 25 years at 3.7%
- AED 3,072
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →