1-bed · 762 sqftIkarus Building, Dubai Production City (IMPZ) · 3rd floor

306, Ikarus Building

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

Unit 306 · DLD and Ejari recordsUpdated 14 February 2025
Last soldAED 615K14 February 2025
Current rentAED 35K /yr9 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Ikarus Building

What is 306 worth today?

Last sold for AED 614,888 in 2025

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14 Feb 2025Sold by developerReady
AED 614,888AED 807 per sqft
9 Jan 2025RentedRenewal
AED 35,114/yr11 months · AED 46 per sqft
9 Jan 2025RentedRenewal
AED 35,114/yr11 months · AED 46 per sqft
9 Jan 2024RentedRenewal
AED 31,700/yr12 months · AED 42 per sqft
9 Jan 2023RentedRenewal
AED 28,000/yr12 months · AED 37 per sqft
9 Jan 2022RentedRenewal
AED 26,000/yr12 months · AED 34 per sqft
25 Nov 2020RentedNew contract
AED 26,000/yr13 months · AED 34 per sqft

Source: Dubai Land Department. Updated 14 February 2025.

Key facts

Type
1-bed apartment
Size
762 sqft
Floor
3rd of 14
Parking
B2-26
Last sold
AED 615K · February 2025

About 306, Ikarus Building

306 is a one-bedroom apartment of 762 sqft on the 3rd floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 14 February 2025 for AED 614,888, or AED 807 per sqft, 4% above the AED 776 one-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 9 January 2025, is AED 35,114 a year: a gross yield of 5.7% on the 2025 price.

Sales and rents for 306 over time

Sales
Unit 306, 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, February 2025: AED 614,888 (AED 807 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in Ikarus Building
40K60K20192021202320252027Typical 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, November 2020: AED 26,000 a yearRenewal, January 2022: AED 26,000 a yearRenewal, January 2023: AED 28,000 a yearRenewal, January 2024: AED 31,700 a yearRenewal, January 2025: AED 35,114 a yearRenewal, January 2025: AED 35,114 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 306 sits

All 72 1-beds →

306 last sold in February 2025 at AED 807 per sqft, 4% above 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. 306's AED 35,114 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 3rd floor

All 128 units in Ikarus Building
Value
3011-bedAED 458K · Apr 2025
3021-bedAED 481K · Mar 2025
3032-bedAED 824K · Mar 2025
3042-bedAED 805K · Mar 2025
3051-bedAED 678K · Sep 2025
3071-bedAED 677K · May 2026
3082-bedAED 816K · Apr 2025
1–7 of 9

306, Ikarus Building in numbers

  • Sold once: by the developer on 14 February 2025 for AED 614,888, or AED 807 per sqft.
  • Rented since November 2020 on 6 Ejari contracts, from AED 26,000 to AED 35,114 a year.
  • At AED 35,114 a year the gross yield on the 2025 price is 5.7%.
  • 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 14 February 2025.

Questions about 306, Ikarus Building

What did unit 306 last sell for?

AED 614,888 on 14 February 2025, sold by the developer: AED 807 per sqft for 762 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 35,114 a year on the contract renewed on 9 January 2025. The previous contract, from January 2025, was AED 35,114; the unit has been rented since November 2020.

How big is unit 306?

762 sqft (70.8 sqm): a one-bedroom apartment on the 3rd floor of a 14-storey tower.

What is unit 306 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 306, Ikarus Building

Starts from the last sale price (AED 615K, 14 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 614,888
Deposit, UAE resident (20%)
AED 122,978
Deposit, non-resident (40%)
AED 245,955
Monthly over 25 years at 3.7%
AED 2,516

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