2-bed · 1,359 sqftIkarus Building, Dubai Production City (IMPZ) · 14th floor

1401, Ikarus Building

Sold prices and rental history: sold once, by the developer in September 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 14 October 2026
Last soldAED 1.1M8 September 2025
Current rentAED 95K /yr14 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, Ikarus Building

What is 1401 worth today?

Last sold for AED 1,100,888 in 2025

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14 Oct 2026RentedRenewal
AED 95,000/yr12 months · AED 70 per sqft
13 Oct 2025RentedNew contract
AED 94,745/yr12 months · AED 70 per sqft
8 Sep 2025Sold by developerReady
AED 1,100,888AED 810 per sqft
7 Sep 2024RentedRenewal
AED 60,060/yr12 months · AED 44 per sqft
7 Sep 2023RentedRenewal
AED 54,600/yr12 months · AED 40 per sqft
7 Sep 2022RentedRenewal
AED 52,000/yr12 months · AED 38 per sqft
7 Sep 2021RentedRenewal
AED 50,000/yr12 months · AED 37 per sqft
7 Aug 2020RentedNew contract
AED 52,000/yr13 months · AED 38 per sqft

Source: Dubai Land Department. Updated 14 October 2026.

Key facts

Type
2-bed apartment
Size
1,359 sqft
Floor
14th of 14
Parking
P1-29
Last sold
AED 1.1M · September 2025

About 1401, Ikarus Building

1401 is a two-bedroom apartment of 1,359 sqft on the 14th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 8 September 2025 for AED 1,100,888, or AED 810 per sqft, in line with the AED 820 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 14 October 2026, is AED 95,000 a year: a gross yield of 8.6% on the 2025 price.

Sales and rents for 1401 over time

Sales
Unit 1401, each saleTypical two-bed in Ikarus Building
800K1M202520262027Typical sale price by year: 2025 AED 828,519; 2026 AED 1,022,500Sold by developer, September 2025: AED 1,100,888 (AED 810 per sqft)

1401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1401, each contractTypical two-bed in Ikarus Building
50K75K100K201920222025Typical 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, August 2020: AED 52,000 a yearRenewal, September 2021: AED 50,000 a yearRenewal, September 2022: AED 52,000 a yearRenewal, September 2023: AED 54,600 a yearRenewal, September 2024: AED 60,060 a yearNew contract, October 2025: AED 94,745 a yearRenewal, October 2026: AED 95,000 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 1401 sits

All 56 2-beds →

1401 last sold in September 2025 at AED 810 per sqft, in line with 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. 1401's AED 95,000 is in the upper 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 14th floor

All 128 units in Ikarus Building
Value
14042-bedAED 1.32M · Jan 2026

1401, Ikarus Building in numbers

  • Sold once: by the developer on 8 September 2025 for AED 1,100,888, or AED 810 per sqft.
  • Rented since August 2020 on 7 Ejari contracts, from AED 52,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2025 price is 8.6%.
  • 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 14 October 2026.

Questions about 1401, Ikarus Building

What did unit 1401 last sell for?

AED 1,100,888 on 8 September 2025, sold by the developer: AED 810 per sqft for 1,359 sqft. It is the only registered sale of the unit.

What is the rent for unit 1401?

AED 95,000 a year on the contract renewed on 14 October 2026. The previous contract, from October 2025, was AED 94,745; the unit has been rented since August 2020.

How big is unit 1401?

1,359 sqft (126.3 sqm): a two-bedroom apartment on the 14th floor of a 14-storey tower.

What is unit 1401 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 1401, Ikarus Building

Starts from the last sale price (AED 1.1M, 8 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,888
Deposit, UAE resident (20%)
AED 220,178
Deposit, non-resident (40%)
AED 440,355
Monthly over 25 years at 3.7%
AED 4,504

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