1-bed · 592 sqftIkarus Building, Dubai Production City (IMPZ) · 2nd floor

202, Ikarus Building

Sold prices and rental history: sold once, by the developer in December 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 27 December 2024
Last soldAED 454K27 December 2024
Current rentAED 33K /yr9 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Ikarus Building

What is 202 worth today?

Last sold for AED 454,238 in 2024

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27 Dec 2024Sold by developerReady
AED 454,238AED 766 per sqft
9 Feb 2024RentedRenewal
AED 33,350/yr12 months · AED 56 per sqft
9 Feb 2023RentedRenewal
AED 29,000/yr12 months · AED 49 per sqft
9 Feb 2022RentedRenewal
AED 26,000/yr12 months · AED 44 per sqft
26 Dec 2020RentedNew contract
AED 24,000/yr13 months · AED 41 per sqft

Source: Dubai Land Department. Updated 27 December 2024.

Key facts

Type
1-bed apartment
Size
592 sqft
Floor
2nd of 14
Parking
B2-12
Last sold
AED 454K · December 2024

About 202, Ikarus Building

202 is a one-bedroom apartment of 592 sqft on the 2nd floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 27 December 2024 for AED 454,238, or AED 766 per sqft, in line with the AED 776 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 9 February 2024, is AED 33,350 a year: a gross yield of 7.3% on the 2024 price.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical one-bed in Ikarus Building
600K2024202520262027Typical sale price by year: 2024 AED 454,888; 2025 AED 550,888; 2026 AED 678,444Sold by developer, December 2024: AED 454,238 (AED 766 per sqft)

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

Rents
Unit 202, each contractTypical one-bed in Ikarus Building
20K40K60K20192021202320252027Typical rent by year: 2019 AED 42,000; 2020 AED 27,000; 2021 AED 28,000; 2022 AED 29,000; 2023 AED 33,000; 2024 AED 37,864; 2025 AED 50,000; 2026 AED 55,000New contract, December 2020: AED 24,000 a yearRenewal, February 2022: AED 26,000 a yearRenewal, February 2023: AED 29,000 a yearRenewal, February 2024: AED 33,350 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Ikarus Building, and where 202 sits

All 72 1-beds →

202 last sold in December 2024 at AED 766 per sqft, in line with what one-beds in Ikarus Building were fetching at the time (AED 776). Over the last 12 months one-beds sold for AED 532,888 to 750,888, around AED 894 per sqft, and rent for AED 46,000 to 65,000 a year. 202's AED 33,350 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 May 2026676,888
20 Apr 2026693,888
10 Apr 2026680,000
27 Mar 2026670,000
20 1-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 2nd floor

All 128 units in Ikarus Building
Value
2011-bedAED 550K · Oct 2025
2032-bedAED 816K · May 2025
2042-bedAED 811K · Apr 2025
2051-bedAED 694K · Apr 2026
2061-bedAED 651K · Aug 2025
2071-bedAED 612K · Mar 2025
2082-bedAED 815K · Apr 2025
1–7 of 9

202, Ikarus Building in numbers

  • Sold once: by the developer on 27 December 2024 for AED 454,238, or AED 766 per sqft.
  • Rented since December 2020 on 4 Ejari contracts, from AED 24,000 to AED 33,350 a year.
  • At AED 33,350 a year the gross yield on the 2024 price is 7.3%.
  • One-beds in Ikarus Building sold for AED 532,888–750,888 in the 12 months to November 2026; the building's median across all types is AED 894 per sqft.

Source: Dubai Land Department. Updated 27 December 2024.

Questions about 202, Ikarus Building

What did unit 202 last sell for?

AED 454,238 on 27 December 2024, sold by the developer: AED 766 per sqft for 592 sqft. It is the only registered sale of the unit.

What is the rent for unit 202?

AED 33,350 a year on the contract renewed on 9 February 2024. The previous contract, from February 2023, was AED 29,000; the unit has been rented since December 2020.

How big is unit 202?

592 sqft (55.0 sqm): a one-bedroom apartment on the 2nd floor of a 14-storey tower.

What is unit 202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ikarus Building sold for AED 532,888 to 750,888 in the last 12 months, around AED 894 per sqft.

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Mortgage on 202, Ikarus Building

Starts from the last sale price (AED 454K, 27 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 454,238
Deposit, UAE resident (20%)
AED 90,848
Deposit, non-resident (40%)
AED 181,695
Monthly over 25 years at 3.7%
AED 1,858

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