2-bed · 1,757 sqftIkarus Building, Dubai Production City (IMPZ) · 13th floor

1304, 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.

Unit 1304 · DLD and Ejari recordsUpdated 7 May 2025
Last soldAED 1.28M7 May 2025
Current rentAED 60K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, Ikarus Building

What is 1304 worth today?

Last sold for AED 1,280,888 in 2025

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7 May 2025Sold by developerReady
AED 1,280,888AED 728 per sqft
15 Nov 2024RentedRenewal
AED 60,060/yr12 months · AED 34 per sqft
15 Nov 2023RentedRenewal
AED 54,600/yr12 months · AED 31 per sqft
15 Nov 2022RentedRenewal
AED 52,000/yr12 months · AED 30 per sqft
15 Nov 2021RentedRenewal
AED 50,000/yr12 months · AED 28 per sqft
15 Oct 2020RentedRenewal
AED 50,000/yr13 months · AED 28 per sqft
15 Sep 2019RentedNew contract
AED 64,000/yr13 months · AED 36 per sqft

Source: Dubai Land Department. Updated 7 May 2025.

Key facts

Type
2-bed apartment
Size
1,757 sqft
Floor
13th of 14
Parking
P1-26
Last sold
AED 1.28M · May 2025

About 1304, Ikarus Building

1304 is a two-bedroom apartment of 1,757 sqft on the 13th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 7 May 2025 for AED 1,280,888, or AED 728 per sqft, 11% below the AED 820 two-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 15 November 2024, is AED 60,060 a year: a gross yield of 4.7% on the 2025 price.

Sales and rents for 1304 over time

Sales
Unit 1304, each saleTypical two-bed in Ikarus Building
750K1M1.25M202520262027Typical sale price by year: 2025 AED 828,519; 2026 AED 1,022,500Sold by developer, May 2025: AED 1,280,888 (AED 728 per sqft)

1304 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1304, 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, September 2019: AED 64,000 a yearRenewal, October 2020: AED 50,000 a yearRenewal, November 2021: AED 50,000 a yearRenewal, November 2022: AED 52,000 a yearRenewal, November 2023: AED 54,600 a yearRenewal, November 2024: AED 60,060 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 1304 sits

All 56 2-beds →

1304 last sold in May 2025 at AED 728 per sqft, 11% below 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. 1304's AED 60,060 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
13032-bedNo registered sale
13052-bedNo registered sale
13062-bedNo registered sale

1304, Ikarus Building in numbers

  • Sold once: by the developer on 7 May 2025 for AED 1,280,888, or AED 728 per sqft.
  • Rented since September 2019 on 6 Ejari contracts. The rent fell from AED 64,000 to AED 50,000 in 2021 and recovered to AED 60,060 by November 2024.
  • At AED 60,060 a year the gross yield on the 2025 price is 4.7%.
  • 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 7 May 2025.

Questions about 1304, Ikarus Building

What did unit 1304 last sell for?

AED 1,280,888 on 7 May 2025, sold by the developer: AED 728 per sqft for 1,757 sqft. It is the only registered sale of the unit.

What is the rent for unit 1304?

AED 60,060 a year on the contract renewed on 15 November 2024. The previous contract, from November 2023, was AED 54,600; the unit has been rented since September 2019.

How big is unit 1304?

1,757 sqft (163.2 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower.

What is unit 1304 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 1304, Ikarus Building

Starts from the last sale price (AED 1.28M, 7 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,280,888
Deposit, UAE resident (20%)
AED 256,178
Deposit, non-resident (40%)
AED 512,355
Monthly over 25 years at 3.7%
AED 5,241

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →