1-bed · 589 sqftIkarus Building, Dubai Production City (IMPZ) · 4th floor

401, 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 401 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 457K14 February 2025
Current rentAED 46K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Ikarus Building

What is 401 worth today?

Last sold for AED 457,043 in 2025

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1 Mar 2026RentedRenewal
AED 46,000/yr12 months · AED 78 per sqft
1 Mar 2025RentedNew contract
AED 42,000/yr12 months · AED 71 per sqft
14 Feb 2025Sold by developerReady
AED 457,043AED 776 per sqft
1 Jan 2024RentedRenewal
AED 34,155/yr12 months · AED 58 per sqft
1 Oct 2023RentedRenewal
AED 34,155/yr3 months · AED 58 per sqft
1 Apr 2023RentedRenewal
AED 31,050/yr6 months · AED 53 per sqft
1 Mar 2022RentedNew contract
AED 27,000/yr13 months · AED 46 per sqft
20 Dec 2020RentedNew contract
AED 24,000/yr13 months · AED 41 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
1-bed apartment
Size
589 sqft
Floor
4th of 14
Parking
B2-31
Last sold
AED 457K · February 2025

About 401, Ikarus Building

401 is a one-bedroom apartment of 589 sqft on the 4th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 14 February 2025 for AED 457,043, or AED 776 per sqft, in line with the AED 776 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 46,000 a year: a gross yield of 10.1% on the 2025 price.

Sales and rents for 401 over time

Sales
Unit 401, 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 457,043 (AED 776 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in Ikarus Building
20K40K60K20192021202320252027Typical 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, December 2020: AED 24,000 a yearNew contract, March 2022: AED 27,000 a yearRenewal, April 2023: AED 31,050 a yearRenewal, October 2023: AED 34,155 a yearRenewal, January 2024: AED 34,155 a yearNew contract, March 2025: AED 42,000 a yearRenewal, March 2026: AED 46,000 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 401 sits

All 72 1-beds →

401 last sold in February 2025 at AED 776 per sqft, in line with 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. 401's AED 46,000 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 4th floor

All 128 units in Ikarus Building
Value
4021-bedAED 475K · Jan 2025
4032-bedAED 812K · Feb 2025
4042-bedAED 804K · Apr 2025
4051-bedAED 649K · Apr 2025
4061-bedAED 663K · Feb 2026
4071-bedAED 610K · May 2025
4082-bedAED 831K · Mar 2025
1–7 of 9

401, Ikarus Building in numbers

  • Sold once: by the developer on 14 February 2025 for AED 457,043, or AED 776 per sqft.
  • Rented since December 2020 on 7 Ejari contracts, from AED 24,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2025 price is 10.1%.
  • 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 1 March 2026.

Questions about 401, Ikarus Building

What did unit 401 last sell for?

AED 457,043 on 14 February 2025, sold by the developer: AED 776 per sqft for 589 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 46,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 42,000; the unit has been rented since December 2020.

How big is unit 401?

589 sqft (54.7 sqm): a one-bedroom apartment on the 4th floor of a 14-storey tower.

What is unit 401 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 401, Ikarus Building

Starts from the last sale price (AED 457K, 14 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 457,043
Deposit, UAE resident (20%)
AED 91,409
Deposit, non-resident (40%)
AED 182,817
Monthly over 25 years at 3.7%
AED 1,870

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