2-bed · 974 sqftIkarus Building, Dubai Production City (IMPZ) · 4th floor

403, 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 403 · DLD and Ejari recordsUpdated 25 May 2025
Last soldAED 812K14 February 2025
Current rentAED 55K /yr25 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Ikarus Building

What is 403 worth today?

Last sold for AED 811,888 in 2025

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25 May 2025RentedRenewal
AED 55,489/yr6 months · AED 57 per sqft
25 May 2025RentedRenewal
AED 55,489/yr6 months · AED 57 per sqft
14 Feb 2025Sold by developerReady
AED 811,888AED 833 per sqft
25 May 2024RentedRenewal
AED 55,200/yr12 months · AED 57 per sqft
25 May 2023RentedRenewal
AED 48,000/yr12 months · AED 49 per sqft
25 May 2022RentedNew contract
AED 45,000/yr12 months · AED 46 per sqft
8 Dec 2021RentedRenewal
AED 42,765/yr4 months · AED 44 per sqft
8 Oct 2020RentedNew contract
AED 43,000/yr14 months · AED 44 per sqft

Source: Dubai Land Department. Updated 25 May 2025.

Key facts

Type
2-bed apartment
Size
974 sqft
Floor
4th of 14
Parking
B2-33
Last sold
AED 812K · February 2025

About 403, Ikarus Building

403 is a two-bedroom apartment of 974 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 811,888, or AED 833 per sqft, in line with the AED 818 two-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 25 May 2025, is AED 55,489 a year: a gross yield of 6.8% on the 2025 price.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in Ikarus Building
800K900K1M202520262027Typical sale price by year: 2025 AED 828,519; 2026 AED 1,022,500Sold by developer, February 2025: AED 811,888 (AED 833 per sqft)

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

Rents
Unit 403, 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, October 2020: AED 43,000 a yearRenewal, December 2021: AED 42,765 a yearNew contract, May 2022: AED 45,000 a yearRenewal, May 2023: AED 48,000 a yearRenewal, May 2024: AED 55,200 a yearRenewal, May 2025: AED 55,489 a yearRenewal, May 2025: AED 55,489 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 403 sits

All 56 2-beds →

403 last sold in February 2025 at AED 833 per sqft, in line with what two-beds in Ikarus Building were fetching at the time (AED 818). 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. 403's AED 55,489 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 4th floor

All 128 units in Ikarus Building
Value
4011-bedAED 457K · Feb 2025
4021-bedAED 475K · Jan 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

403, Ikarus Building in numbers

  • Sold once: by the developer on 14 February 2025 for AED 811,888, or AED 833 per sqft.
  • Rented since October 2020 on 7 Ejari contracts, from AED 43,000 to AED 55,489 a year.
  • At AED 55,489 a year the gross yield on the 2025 price is 6.8%.
  • 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 25 May 2025.

Questions about 403, Ikarus Building

What did unit 403 last sell for?

AED 811,888 on 14 February 2025, sold by the developer: AED 833 per sqft for 974 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 55,489 a year on the contract renewed on 25 May 2025. The previous contract, from May 2025, was AED 55,489; the unit has been rented since October 2020.

How big is unit 403?

974 sqft (90.5 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower.

What is unit 403 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 403, Ikarus Building

Starts from the last sale price (AED 812K, 14 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 811,888
Deposit, UAE resident (20%)
AED 162,378
Deposit, non-resident (40%)
AED 324,755
Monthly over 25 years at 3.7%
AED 3,322

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