2-bed · 1,027 sqftIkarus Building, Dubai Production City (IMPZ) · 3rd floor

309, Ikarus Building

Sold prices and rental history: sold once, by the developer in July 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 20 August 2026
Last soldAED 861K3 July 2025
Current rentAED 72K /yr20 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Ikarus Building

What is 309 worth today?

Last sold for AED 860,888 in 2025

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20 Aug 2026RentedRenewal
AED 72,000/yr12 months · AED 70 per sqft
20 Aug 2025RentedNew contract
AED 72,000/yr12 months · AED 70 per sqft
3 Jul 2025Sold by developerReady
AED 860,888AED 838 per sqft
16 Oct 2024RentedRenewal
AED 55,200/yr12 months · AED 54 per sqft
16 Oct 2023RentedRenewal
AED 48,000/yr12 months · AED 47 per sqft
16 Oct 2022RentedRenewal
AED 42,000/yr12 months · AED 41 per sqft
1 Sep 2021RentedNew contract
AED 40,000/yr13 months · AED 39 per sqft

Source: Dubai Land Department. Updated 20 August 2026.

Key facts

Type
2-bed apartment
Size
1,027 sqft
Floor
3rd of 14
Parking
B2-29
Last sold
AED 861K · July 2025

About 309, Ikarus Building

309 is a two-bedroom apartment of 1,027 sqft on the 3rd floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 3 July 2025 for AED 860,888, or AED 838 per sqft, in line with the AED 820 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 20 August 2026, is AED 72,000 a year: a gross yield of 8.4% on the 2025 price.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical two-bed in Ikarus Building
800K900K1M202520262027Typical sale price by year: 2025 AED 828,519; 2026 AED 1,022,500Sold by developer, July 2025: AED 860,888 (AED 838 per sqft)

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

Rents
Unit 309, each contractTypical two-bed in Ikarus Building
40K60K80K201920222025Typical 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, September 2021: AED 40,000 a yearRenewal, October 2022: AED 42,000 a yearRenewal, October 2023: AED 48,000 a yearRenewal, October 2024: AED 55,200 a yearNew contract, August 2025: AED 72,000 a yearRenewal, August 2026: AED 72,000 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 309 sits

All 56 2-beds →

309 last sold in July 2025 at AED 838 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. 309's AED 72,000 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
3042-bedAED 805K · Mar 2025
3051-bedAED 678K · Sep 2025
3061-bedAED 615K · Feb 2025
3071-bedAED 677K · May 2026
1–7 of 9

309, Ikarus Building in numbers

  • Sold once: by the developer on 3 July 2025 for AED 860,888, or AED 838 per sqft.
  • Rented since September 2021 on 6 Ejari contracts, from AED 40,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2025 price is 8.4%.
  • 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 August 2026.

Questions about 309, Ikarus Building

What did unit 309 last sell for?

AED 860,888 on 3 July 2025, sold by the developer: AED 838 per sqft for 1,027 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 72,000 a year on the contract renewed on 20 August 2026. The previous contract, from August 2025, was AED 72,000; the unit has been rented since September 2021.

How big is unit 309?

1,027 sqft (95.4 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower.

What is unit 309 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 309, Ikarus Building

Starts from the last sale price (AED 861K, 3 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 860,888
Deposit, UAE resident (20%)
AED 172,178
Deposit, non-resident (40%)
AED 344,355
Monthly over 25 years at 3.7%
AED 3,522

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