409, Ikarus Building
Sold prices and rental history: sold once, by the developer in July 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 409, Ikarus Building
What is 409 worth today?
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Source: Dubai Land Department. Updated 3 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,027 sqft
- Floor
- 4th of 14
- Parking
- B2-39
- Last sold
- AED 862K · July 2025
- Building
- Ikarus Building
About 409, Ikarus Building
409 is a two-bedroom apartment of 1,027 sqft on the 4th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 3 July 2025 for AED 861,888, or AED 839 per sqft, in line with the AED 820 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 25 January 2024, is AED 52,800 a year: a gross yield of 6.1% on the 2025 price.
Sales and rents for 409 over time
409 has sold once; the dashed line is the two-bed median of each year in the building.
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 409 sits
All 56 2-beds →409 last sold in July 2025 at AED 839 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. 409's AED 52,800 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 996 sqft | 995,000 | 999 | ||
| 22 Jun 202622 June 2026 | 985 sqft | 1,050,000 | 1,065 | ||
| 20 Jan 202620 January 2026 | 1,859 sqft | 1,320,000 | 710 | ||
| 12 Jan 202612 January 2026 | 1,026 sqft | 900,000 | 876 |
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 | |
| 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 | |
| 410 | 1-bed | 586 sqft | AED 600KAED 600,000 · Jan 2026January 2026 | 63,000 /yr |
409, Ikarus Building in numbers
- Sold once: by the developer on 3 July 2025 for AED 861,888, or AED 839 per sqft.
- Rented since November 2020 on 4 Ejari contracts, from AED 44,000 to AED 52,800 a year.
- At AED 52,800 a year the gross yield on the 2025 price is 6.1%.
- 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 3 July 2025.
Questions about 409, Ikarus Building
What did unit 409 last sell for?
AED 861,888 on 3 July 2025, sold by the developer: AED 839 per sqft for 1,027 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 52,800 a year on the contract renewed on 25 January 2024. The previous contract, from January 2023, was AED 48,000; the unit has been rented since November 2020.
How big is unit 409?
1,027 sqft (95.4 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower.
What is unit 409 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 409, Ikarus Building
Starts from the last sale price (AED 862K, 3 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 861,888
- Deposit, UAE resident (20%)
- AED 172,378
- Deposit, non-resident (40%)
- AED 344,755
- Monthly over 25 years at 3.7%
- AED 3,526
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →