505, Ikarus Building
Sold prices and rental history: sold twice, last in October 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 505, Ikarus Building
What is 505 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 15 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 779 sqft
- Floor
- 5th of 14
- Parking
- B2-45
- Last sold
- AED 710K · October 2025
- Building
- Ikarus Building
About 505, Ikarus Building
505 is a one-bedroom apartment of 779 sqft on the 5th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). It last sold on 15 October 2025 for AED 710,000, or AED 911 per sqft, 12% above the AED 811 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 19 April 2024, is AED 36,800 a year: a gross yield of 5.2% on the 2025 price.
Sales and rents for 505 over time
505 has sold twice; 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 505 sits
All 72 1-beds →505 last sold in October 2025 at AED 911 per sqft, 12% above what one-beds in Ikarus Building were fetching at the time (AED 811). 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. 505's AED 36,800 is at the bottom 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 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 | |
| 503 | 2-bed | 974 sqft | AED 814KAED 814,488 · Feb 2025February 2025 | 52,904 /yr | |
| 504 | 2-bed | 983 sqft | AED 804KAED 803,888 · Jan 2025January 2025 | 80,000 /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 |
505, Ikarus Building in numbers
- Sold twice: first on 28 July 2025 for AED 622,888, last on 15 October 2025 for AED 710,000 (AED 911 per sqft).
- Rented since December 2019 on 5 Ejari contracts. The rent fell from AED 42,000 to AED 27,000 in 2021 and recovered to AED 36,800 by April 2024.
- At AED 36,800 a year the gross yield on the 2025 price is 5.2%.
- 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 15 October 2025.
Questions about 505, Ikarus Building
What did unit 505 last sell for?
AED 710,000 on 15 October 2025: AED 911 per sqft for 779 sqft. The unit has 2 registered sales; the first was AED 622,888 in July 2025.
What is the rent for unit 505?
AED 36,800 a year on the contract renewed on 19 April 2024. The previous contract, from April 2023, was AED 32,000; the unit has been rented since December 2019.
How big is unit 505?
779 sqft (72.4 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower.
What is unit 505 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 505? 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 505, Ikarus Building
Starts from the last sale price (AED 710K, 15 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 710,000
- Deposit, UAE resident (20%)
- AED 142,000
- Deposit, non-resident (40%)
- AED 284,000
- Monthly over 25 years at 3.7%
- AED 2,905
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →