503, Ikarus Building
Sold prices and rental history: sold once, by the developer in February 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 503, Ikarus Building
What is 503 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 20 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 974 sqft
- Floor
- 5th of 14
- Parking
- B2-43
- Last sold
- AED 814K · February 2025
- Building
- Ikarus Building
About 503, Ikarus Building
503 is a two-bedroom apartment of 974 sqft on the 5th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 13 February 2025 for AED 814,488, or AED 836 per sqft, in line with the AED 818 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 20 February 2025, is AED 52,904 a year: a gross yield of 6.5% on the 2025 price.
Sales and rents for 503 over time
503 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 503 sits
All 56 2-beds →503 last sold in February 2025 at AED 836 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. 503's AED 52,904 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 5th floor
All 128 units in Ikarus Building| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 589 sqft | AED 457KAED 456,888 · Jan 2025January 2025 | 50,000 /yr | |
| 502 | 1-bed | 592 sqft | AED 460KAED 460,238 · Jun 2025June 2025 | 52,500 /yr | |
| 504 | 2-bed | 983 sqft | AED 804KAED 803,888 · Jan 2025January 2025 | 80,000 /yr | |
| 505 | 1-bed | 779 sqft | AED 710KAED 710,000 · Oct 2025October 2025 | 36,800 /yr | |
| 506 | 1-bed | 762 sqft | AED 591KAED 590,888 · Jan 2025January 2025 | 55,000 /yr | |
| 507 | 1-bed | 778 sqft | AED 700KAED 700,000 · Jul 2025July 2025 | 35,200 /yr | |
| 508 | 2-bed | 1,028 sqft | AED 825KAED 824,888 · Mar 2025March 2025 | 59,400 /yr | |
| 509 | 2-bed | 1,026 sqft | AED 825KAED 824,888 · Jun 2025June 2025 | 54,801 /yr | |
| 510 | 1-bed | 586 sqft | AED 462KAED 461,888 · May 2025May 2025 | 60,000 /yr |
503, Ikarus Building in numbers
- Sold once: by the developer on 13 February 2025 for AED 814,488, or AED 836 per sqft.
- Rented since December 2019 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 43,000 in 2021 and recovered to AED 52,904 by February 2025.
- At AED 52,904 a year the gross yield on the 2025 price is 6.5%.
- 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 20 February 2025.
Questions about 503, Ikarus Building
What did unit 503 last sell for?
AED 814,488 on 13 February 2025, sold by the developer: AED 836 per sqft for 974 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 52,904 a year on the contract renewed on 20 February 2025. The previous contract, from February 2025, was AED 52,904; the unit has been rented since December 2019.
How big is unit 503?
974 sqft (90.5 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower.
What is unit 503 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.
Selling 503? 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 503, Ikarus Building
Starts from the last sale price (AED 814K, 13 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 814,488
- Deposit, UAE resident (20%)
- AED 162,898
- Deposit, non-resident (40%)
- AED 325,795
- Monthly over 25 years at 3.7%
- AED 3,332
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →