1404, Ikarus Building
Sold prices and rental history: sold once, by the developer in January 2026, 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 1404, Ikarus Building
What is 1404 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,859 sqft
- Floor
- 14th of 14
- Parking
- P1-30
- Last sold
- AED 1.32M · January 2026
- Building
- Ikarus Building
About 1404, Ikarus Building
1404 is a two-bedroom apartment of 1,859 sqft on the 14th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 20 January 2026 for AED 1,320,000, or AED 710 per sqft, 14% below the AED 821 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 1 March 2026, is AED 100,000 a year: a gross yield of 7.6% on the 2026 price.
Sales and rents for 1404 over time
1404 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 1404 sits
All 56 2-beds →1404 last sold in January 2026 at AED 710 per sqft, 14% below what two-beds in Ikarus Building were fetching at the time (AED 821). 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. 1404's AED 100,000 is at the top 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 | ||
| 12 Jan 202612 January 2026 | 1,026 sqft | 900,000 | 876 | ||
| 5 Nov 20255 November 2025 | 980 sqft | 1,000,000 | 1,020 |
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 14th floor
All 128 units in Ikarus Building| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,359 sqft | AED 1.1MAED 1,100,888 · Sep 2025September 2025 | 95,000 /yr |
1404, Ikarus Building in numbers
- Sold once: by the developer on 20 January 2026 for AED 1,320,000, or AED 710 per sqft.
- Rented since September 2019 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 55,000 in 2021 and recovered to AED 100,000 by March 2026.
- At AED 100,000 a year the gross yield on the 2026 price is 7.6%.
- 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 1 March 2026.
Questions about 1404, Ikarus Building
What did unit 1404 last sell for?
AED 1,320,000 on 20 January 2026, sold by the developer: AED 710 per sqft for 1,859 sqft. It is the only registered sale of the unit.
What is the rent for unit 1404?
AED 100,000 a year on the contract signed on 1 March 2026. The previous contract, from October 2025, was AED 61,027; the unit has been rented since September 2019.
How big is unit 1404?
1,859 sqft (172.7 sqm): a two-bedroom apartment on the 14th floor of a 14-storey tower.
What is unit 1404 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 1404, Ikarus Building
Starts from the last sale price (AED 1.32M, 20 January 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,320,000
- Deposit, UAE resident (20%)
- AED 264,000
- Deposit, non-resident (40%)
- AED 528,000
- Monthly over 25 years at 3.7%
- AED 5,401
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →