407, Ikarus Building
Sold prices and rental history: sold once, by the developer in May 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Ikarus Building
What is 407 worth today?
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Source: Dubai Land Department. Updated 1 November 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 778 sqft
- Floor
- 4th of 14
- Parking
- B2-37
- Last sold
- AED 610K · May 2025
- Building
- Ikarus Building
About 407, Ikarus Building
407 is a one-bedroom apartment of 778 sqft on the 4th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 1 May 2025 for AED 610,000, or AED 783 per sqft, in line with the AED 800 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 1 November 2026, is AED 60,000 a year: a gross yield of 9.8% on the 2025 price.
Sales and rents for 407 over time
407 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 407 sits
All 72 1-beds →407 last sold in May 2025 at AED 783 per sqft, in line with what one-beds in Ikarus Building were fetching at the time (AED 800). 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. 407's AED 60,000 is in the upper 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 | |
| 405 | 1-bed | 779 sqft | AED 649KAED 648,888 · Apr 2025April 2025 | 55,000 /yr | |
| 406 | 1-bed | 762 sqft | AED 663KAED 663,000 · Feb 2026February 2026 | 55,000 /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 |
407, Ikarus Building in numbers
- Sold once: by the developer on 1 May 2025 for AED 610,000, or AED 783 per sqft.
- Rented since November 2020 on 7 Ejari contracts, from AED 30,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2025 price is 9.8%.
- 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 November 2026.
Questions about 407, Ikarus Building
What did unit 407 last sell for?
AED 610,000 on 1 May 2025, sold by the developer: AED 783 per sqft for 778 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 60,000 a year on the contract signed on 1 November 2026. The previous contract, from December 2025, was AED 62,000; the unit has been rented since November 2020.
How big is unit 407?
778 sqft (72.3 sqm): a one-bedroom apartment on the 4th floor of a 14-storey tower.
What is unit 407 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 407, Ikarus Building
Starts from the last sale price (AED 610K, 1 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 610,000
- Deposit, UAE resident (20%)
- AED 122,000
- Deposit, non-resident (40%)
- AED 244,000
- Monthly over 25 years at 3.7%
- AED 2,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →