2-bed · 2,449 sqftIkarus Building, Dubai Production City (IMPZ) · 13th floor

1303, Ikarus Building

Sold prices and rental history: no registered sale, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 1 June 2022
Current rentAED 67K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, Ikarus Building

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1 Jun 2022RentedRenewal
AED 67,000/yr12 months · AED 27 per sqft
1 Dec 2021RentedRenewal
AED 65,000/yr6 months · AED 27 per sqft
1 Dec 2020RentedRenewal
AED 65,000/yr12 months · AED 27 per sqft
1 Nov 2019RentedNew contract
AED 80,000/yr13 months · AED 33 per sqft

Source: Dubai Land Department. Updated 1 June 2022.

Key facts

Type
2-bed apartment
Size
2,449 sqft
Floor
13th of 14
Parking
P1-25
Last sold
No registered sale

About 1303, Ikarus Building

1303 is a two-bedroom apartment of 2,449 sqft on the 13th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 June 2022, is AED 67,000 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, each saleTypical two-bed in Ikarus Building
800K900K1M202520262027Typical sale price by year: 2025 AED 828,519; 2026 AED 1,022,500

No registered sale of 1303; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1303, 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, November 2019: AED 80,000 a yearRenewal, December 2020: AED 65,000 a yearRenewal, December 2021: AED 65,000 a yearRenewal, June 2022: AED 67,000 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 1303 sits

All 56 2-beds →

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. 1303's AED 67,000 is in the lower half 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 13th floor

All 128 units in Ikarus Building
Value
13012-bedAED 1000K · Apr 2025
13022-bedAED 1.5M · May 2025
13042-bedAED 1.28M · May 2025
13052-bedNo registered sale
13062-bedNo registered sale

1303, Ikarus Building in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since November 2019 on 4 Ejari contracts, from AED 80,000 to AED 67,000 a year.
  • 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 June 2022.

Questions about 1303, Ikarus Building

What is the rent for unit 1303?

AED 67,000 a year on the contract renewed on 1 June 2022. The previous contract, from December 2021, was AED 65,000; the unit has been rented since November 2019.

How big is unit 1303?

2,449 sqft (227.5 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower.

What is unit 1303 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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