2-bed · 974 sqftIkarus Building, Dubai Production City (IMPZ) · 3rd floor

303, Ikarus Building

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

Unit 303 · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 824K20 March 2025
Current rentAED 56K /yr4 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Ikarus Building

What is 303 worth today?

Last sold for AED 824,488 in 2025

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20 Mar 2025Sold by developerReady
AED 824,488AED 846 per sqft
4 Jan 2025RentedRenewal
AED 55,562/yr11 months · AED 57 per sqft
4 Jan 2025RentedRenewal
AED 55,562/yr11 months · AED 57 per sqft
4 Jan 2024RentedRenewal
AED 50,600/yr12 months · AED 52 per sqft
4 Jan 2023RentedRenewal
AED 46,000/yr12 months · AED 47 per sqft
4 Jan 2022RentedRenewal
AED 43,000/yr12 months · AED 44 per sqft
20 Nov 2020RentedNew contract
AED 43,000/yr13 months · AED 44 per sqft

Source: Dubai Land Department. Updated 20 March 2025.

Key facts

Type
2-bed apartment
Size
974 sqft
Floor
3rd of 14
Parking
B2-23
Last sold
AED 824K · March 2025

About 303, Ikarus Building

303 is a two-bedroom apartment of 974 sqft on the 3rd floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 20 March 2025 for AED 824,488, or AED 846 per sqft, 4% above the AED 815 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 4 January 2025, is AED 55,562 a year: a gross yield of 6.7% on the 2025 price.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical two-bed in Ikarus Building
800K900K1M202520262027Typical sale price by year: 2025 AED 828,519; 2026 AED 1,022,500Sold by developer, March 2025: AED 824,488 (AED 846 per sqft)

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

Rents
Unit 303, 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, November 2020: AED 43,000 a yearRenewal, January 2022: AED 43,000 a yearRenewal, January 2023: AED 46,000 a yearRenewal, January 2024: AED 50,600 a yearRenewal, January 2025: AED 55,562 a yearRenewal, January 2025: AED 55,562 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 303 sits

All 56 2-beds →

303 last sold in March 2025 at AED 846 per sqft, 4% above what two-beds in Ikarus Building were fetching at the time (AED 815). 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. 303's AED 55,562 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 3rd floor

All 128 units in Ikarus Building
Value
3011-bedAED 458K · Apr 2025
3021-bedAED 481K · Mar 2025
3042-bedAED 805K · Mar 2025
3051-bedAED 678K · Sep 2025
3061-bedAED 615K · Feb 2025
3071-bedAED 677K · May 2026
3082-bedAED 816K · Apr 2025
1–7 of 9

303, Ikarus Building in numbers

  • Sold once: by the developer on 20 March 2025 for AED 824,488, or AED 846 per sqft.
  • Rented since November 2020 on 6 Ejari contracts, from AED 43,000 to AED 55,562 a year.
  • At AED 55,562 a year the gross yield on the 2025 price is 6.7%.
  • 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 20 March 2025.

Questions about 303, Ikarus Building

What did unit 303 last sell for?

AED 824,488 on 20 March 2025, sold by the developer: AED 846 per sqft for 974 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 55,562 a year on the contract renewed on 4 January 2025. The previous contract, from January 2025, was AED 55,562; the unit has been rented since November 2020.

How big is unit 303?

974 sqft (90.5 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower.

What is unit 303 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 303, Ikarus Building

Starts from the last sale price (AED 824K, 20 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 824,488
Deposit, UAE resident (20%)
AED 164,898
Deposit, non-resident (40%)
AED 329,795
Monthly over 25 years at 3.7%
AED 3,373

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