405, Ikarus Building
Sold prices and rental history: sold once, by the developer in April 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Ikarus Building
What is 405 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 25 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 779 sqft
- Floor
- 4th of 14
- Parking
- B2-35
- Last sold
- AED 649K · April 2025
- Building
- Ikarus Building
About 405, Ikarus Building
405 is a one-bedroom apartment of 779 sqft on the 4th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 24 April 2025 for AED 648,888, or AED 833 per sqft, 4% above the AED 798 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 10 Ejari contracts. The current contract, signed on 25 April 2026, is AED 55,000 a year: a gross yield of 8.5% on the 2025 price.
Sales and rents for 405 over time
405 has sold once; the dashed line is the one-bed median of each year in the building.
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 405 sits
All 72 1-beds →405 last sold in April 2025 at AED 833 per sqft, 4% above what one-beds in Ikarus Building were fetching at the time (AED 798). 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. 405's AED 55,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 May 202620 May 2026 | 778 sqft | 676,888 | 869 | ||
| 20 Apr 202620 April 2026 | 779 sqft | 693,888 | 890 | ||
| 10 Apr 202610 April 2026 | 776 sqft | 680,000 | 876 | ||
| 27 Mar 202627 March 2026 | 762 sqft | 670,000 | 879 |
Ikarus Building
Building128 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%
Other units on the 4th floor
All 128 units in Ikarus Building| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 589 sqft | AED 457KAED 457,043 · Feb 2025February 2025 | 46,000 /yr | |
| 402 | 1-bed | 592 sqft | AED 475KAED 474,888 · Jan 2025January 2025 | 51,000 /yr | |
| 403 | 2-bed | 974 sqft | AED 812KAED 811,888 · Feb 2025February 2025 | 55,489 /yr | |
| 404 | 2-bed | 980 sqft | AED 804KAED 803,788 · Apr 2025April 2025 | 53,900 /yr | |
| 406 | 1-bed | 762 sqft | AED 663KAED 663,000 · Feb 2026February 2026 | 55,000 /yr | |
| 407 | 1-bed | 778 sqft | AED 610KAED 610,000 · May 2025May 2025 | 60,000 /yr | |
| 408 | 2-bed | 1,028 sqft | AED 831KAED 830,888 · Mar 2025March 2025 | 75,000 /yr | |
| 409 | 2-bed | 1,027 sqft | AED 862KAED 861,888 · Jul 2025July 2025 | 52,800 /yr | |
| 410 | 1-bed | 586 sqft | AED 600KAED 600,000 · Jan 2026January 2026 | 63,000 /yr |
405, Ikarus Building in numbers
- Sold once: by the developer on 24 April 2025 for AED 648,888, or AED 833 per sqft.
- Rented since October 2019 on 10 Ejari contracts. The rent fell from AED 42,000 to AED 30,000 in 2021 and recovered to AED 55,000 by April 2026.
- At AED 55,000 a year the gross yield on the 2025 price is 8.5%.
- 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 25 April 2026.
Questions about 405, Ikarus Building
What did unit 405 last sell for?
AED 648,888 on 24 April 2025, sold by the developer: AED 833 per sqft for 779 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 55,000 a year on the contract signed on 25 April 2026. The previous contract, from August 2025, was AED 55,000; the unit has been rented since October 2019.
How big is unit 405?
779 sqft (72.4 sqm): a one-bedroom apartment on the 4th floor of a 14-storey tower.
What is unit 405 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.
Selling 405? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 405, Ikarus Building
Starts from the last sale price (AED 649K, 24 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 648,888
- Deposit, UAE resident (20%)
- AED 129,778
- Deposit, non-resident (40%)
- AED 259,555
- Monthly over 25 years at 3.7%
- AED 2,655
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →