1302, Ikarus Building
Sold prices and rental history: sold once, by the developer in May 2025, 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 1302, Ikarus Building
What is 1302 worth today?
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Source: Dubai Land Department. Updated 30 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 2,471 sqft
- Floor
- 13th of 14
- Parking
- P1-24
- Last sold
- AED 1.5M · May 2025
- Building
- Ikarus Building
About 1302, Ikarus Building
1302 is a two-bedroom apartment of 2,471 sqft on the 13th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 30 May 2025 for AED 1,500,000, or AED 607 per sqft, 26% below the AED 819 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 65,000 a year: a gross yield of 4.3% on the 2025 price.
Sales and rents for 1302 over time
1302 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 1302 sits
All 56 2-beds →1302 last sold in May 2025 at AED 607 per sqft, 26% below what two-beds in Ikarus Building were fetching at the time (AED 819). 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. 1302's AED 65,000 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 13th floor
All 128 units in Ikarus Building1302, Ikarus Building in numbers
- Sold once: by the developer on 30 May 2025 for AED 1,500,000, or AED 607 per sqft.
- Rented since October 2019 on 5 Ejari contracts, from AED 80,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2025 price is 4.3%.
- 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 30 May 2025.
Questions about 1302, Ikarus Building
What did unit 1302 last sell for?
AED 1,500,000 on 30 May 2025, sold by the developer: AED 607 per sqft for 2,471 sqft. It is the only registered sale of the unit.
What is the rent for unit 1302?
AED 65,000 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 65,000; the unit has been rented since October 2019.
How big is unit 1302?
2,471 sqft (229.6 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower.
What is unit 1302 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 1302, Ikarus Building
Starts from the last sale price (AED 1.5M, 30 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →