2-bed · 980 sqftIkarus Building, Dubai Production City (IMPZ) · 3rd floor

304, 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 304 · DLD and Ejari recordsUpdated 17 November 2025
Last soldAED 805K20 March 2025
Current rentAED 77K /yr17 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Ikarus Building

What is 304 worth today?

Last sold for AED 804,588 in 2025

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17 Nov 2025RentedNew contract
AED 77,000/yr12 months · AED 79 per sqft
20 Mar 2025Sold by developerReady
AED 804,588AED 821 per sqft
6 Feb 2024RentedRenewal
AED 51,700/yr12 months · AED 53 per sqft
6 Feb 2023RentedNew contract
AED 47,000/yr12 months · AED 48 per sqft
15 Jan 2022RentedRenewal
AED 43,000/yr12 months · AED 44 per sqft
1 Dec 2020RentedNew contract
AED 43,000/yr13 months · AED 44 per sqft

Source: Dubai Land Department. Updated 17 November 2025.

Key facts

Type
2-bed apartment
Size
980 sqft
Floor
3rd of 14
Parking
B2-24
Last sold
AED 805K · March 2025

About 304, Ikarus Building

304 is a two-bedroom apartment of 980 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 804,588, or AED 821 per sqft, in line with the AED 815 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 17 November 2025, is AED 77,000 a year: a gross yield of 9.6% on the 2025 price.

Sales and rents for 304 over time

Sales
Unit 304, 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 804,588 (AED 821 per sqft)

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

Rents
Unit 304, 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, December 2020: AED 43,000 a yearRenewal, January 2022: AED 43,000 a yearNew contract, February 2023: AED 47,000 a yearRenewal, February 2024: AED 51,700 a yearNew contract, November 2025: AED 77,000 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 304 sits

All 56 2-beds →

304 last sold in March 2025 at AED 821 per sqft, in line with 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. 304's AED 77,000 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
3032-bedAED 824K · 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

304, Ikarus Building in numbers

  • Sold once: by the developer on 20 March 2025 for AED 804,588, or AED 821 per sqft.
  • Rented since December 2020 on 5 Ejari contracts, from AED 43,000 to AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2025 price is 9.6%.
  • 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 17 November 2025.

Questions about 304, Ikarus Building

What did unit 304 last sell for?

AED 804,588 on 20 March 2025, sold by the developer: AED 821 per sqft for 980 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 77,000 a year on the contract signed on 17 November 2025. The previous contract, from February 2024, was AED 51,700; the unit has been rented since December 2020.

How big is unit 304?

980 sqft (91.0 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower.

What is unit 304 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 304, Ikarus Building

Starts from the last sale price (AED 805K, 20 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 804,588
Deposit, UAE resident (20%)
AED 160,918
Deposit, non-resident (40%)
AED 321,835
Monthly over 25 years at 3.7%
AED 3,292

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