2-bed · 2,499 sqftIkarus Building, Dubai Production City (IMPZ) · 13th floor

1305, 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 1305 · DLD and Ejari recordsUpdated 1 June 2024
Current rentAED 74K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1305, Ikarus Building

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1 Jun 2024RentedRenewal
AED 74,000/yr12 months · AED 30 per sqft
1 Jun 2023RentedNew contract
AED 74,000/yr12 months · AED 30 per sqft
26 May 2022RentedRenewal
AED 67,000/yr12 months · AED 27 per sqft
11 Apr 2021RentedNew contract
AED 67,000/yr13 months · AED 27 per sqft
18 Oct 2019RentedNew contract
AED 75,000/yr13 months · AED 30 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
2-bed apartment
Size
2,499 sqft
Floor
13th of 14
Parking
P1-27
Last sold
No registered sale

About 1305, Ikarus Building

1305 is a two-bedroom apartment of 2,499 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 5 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 74,000 a year.

Sales and rents for 1305 over time

Sales
Unit 1305, 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 1305; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1305, 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, October 2019: AED 75,000 a yearNew contract, April 2021: AED 67,000 a yearRenewal, May 2022: AED 67,000 a yearNew contract, June 2023: AED 74,000 a yearRenewal, June 2024: AED 74,000 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 1305 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. 1305's AED 74,000 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
13032-bedNo registered sale
13042-bedAED 1.28M · May 2025
13062-bedNo registered sale

1305, Ikarus Building in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 75,000 to AED 67,000 in 2022 and recovered to AED 74,000 by June 2024.
  • 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 2024.

Questions about 1305, Ikarus Building

What is the rent for unit 1305?

AED 74,000 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 74,000; the unit has been rented since October 2019.

How big is unit 1305?

2,499 sqft (232.2 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower.

What is unit 1305 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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