203, Ikarus Building
Sold prices and rental history: sold once, by the developer in May 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, Ikarus Building
What is 203 worth today?
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Source: Dubai Land Department. Updated 5 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 974 sqft
- Floor
- 2nd of 14
- Parking
- B2-13
- Last sold
- AED 816K · May 2025
- Building
- Ikarus Building
About 203, Ikarus Building
203 is a two-bedroom apartment of 974 sqft on the 2nd floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 5 May 2025 for AED 815,888, or AED 837 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 6 Ejari contracts. The current contract, renewed on 5 January 2025, is AED 55,564 a year: a gross yield of 6.8% on the 2025 price.
Sales and rents for 203 over time
203 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 203 sits
All 56 2-beds →203 last sold in May 2025 at AED 837 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. 203's AED 55,564 is in the lower half 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 | ||
| 20 Jan 202620 January 2026 | 1,859 sqft | 1,320,000 | 710 | ||
| 12 Jan 202612 January 2026 | 1,026 sqft | 900,000 | 876 |
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 2nd floor
All 128 units in Ikarus Building| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 589 sqft | AED 550KAED 550,000 · Oct 2025October 2025 | 50,000 /yr | |
| 202 | 1-bed | 592 sqft | AED 454KAED 454,238 · Dec 2024December 2024 | 33,350 /yr | |
| 204 | 2-bed | 979 sqft | AED 811KAED 810,880 · Apr 2025April 2025 | 75,000 /yr | |
| 205 | 1-bed | 779 sqft | AED 694KAED 693,888 · Apr 2026April 2026 | 54,848 /yr | |
| 206 | 1-bed | 762 sqft | AED 651KAED 650,888 · Aug 2025August 2025 | 35,200 /yr | |
| 207 | 1-bed | 779 sqft | AED 612KAED 611,888 · Mar 2025March 2025 | 44,948 /yr | |
| 208 | 2-bed | 1,028 sqft | AED 815KAED 814,888 · Apr 2025April 2025 | 80,000 /yr | |
| 209 | 2-bed | 1,026 sqft | AED 815KAED 814,888 · Mar 2025March 2025 | 75,000 /yr | |
| 210 | 1-bed | 586 sqft | AED 449KAED 448,888 · Jan 2025January 2025 | 50,000 /yr |
203, Ikarus Building in numbers
- Sold once: by the developer on 5 May 2025 for AED 815,888, or AED 837 per sqft.
- Rented since November 2020 on 6 Ejari contracts, from AED 43,000 to AED 55,564 a year.
- At AED 55,564 a year the gross yield on the 2025 price is 6.8%.
- 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 5 May 2025.
Questions about 203, Ikarus Building
What did unit 203 last sell for?
AED 815,888 on 5 May 2025, sold by the developer: AED 837 per sqft for 974 sqft. It is the only registered sale of the unit.
What is the rent for unit 203?
AED 55,564 a year on the contract renewed on 5 January 2025. The previous contract, from January 2025, was AED 55,564; the unit has been rented since November 2020.
How big is unit 203?
974 sqft (90.5 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower.
What is unit 203 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 203, Ikarus Building
Starts from the last sale price (AED 816K, 5 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 815,888
- Deposit, UAE resident (20%)
- AED 163,178
- Deposit, non-resident (40%)
- AED 326,355
- Monthly over 25 years at 3.7%
- AED 3,338
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →