506, Ikarus Building
Sold prices and rental history: sold once, by the developer in January 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 506, Ikarus Building
What is 506 worth today?
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Source: Dubai Land Department. Updated 15 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 762 sqft
- Floor
- 5th of 14
- Parking
- B2-47
- Last sold
- AED 591K · January 2025
- Building
- Ikarus Building
About 506, Ikarus Building
506 is a one-bedroom apartment of 762 sqft on the 5th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 30 January 2025 for AED 590,888, or AED 775 per sqft, in line with the AED 775 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 15 October 2026, is AED 55,000 a year: a gross yield of 9.3% on the 2025 price.
Sales and rents for 506 over time
506 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 506 sits
All 72 1-beds →506 last sold in January 2025 at AED 775 per sqft, in line with what one-beds in Ikarus Building were fetching at the time (AED 775). 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. 506'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 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 | |
| 505 | 1-bed | 779 sqft | AED 710KAED 710,000 · Oct 2025October 2025 | 36,800 /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 |
506, Ikarus Building in numbers
- Sold once: by the developer on 30 January 2025 for AED 590,888, or AED 775 per sqft.
- Rented since December 2020 on 8 Ejari contracts, from AED 27,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2025 price is 9.3%.
- 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 2026.
Questions about 506, Ikarus Building
What did unit 506 last sell for?
AED 590,888 on 30 January 2025, sold by the developer: AED 775 per sqft for 762 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 55,000 a year on the contract signed on 15 October 2026. The previous contract, from December 2025, was AED 60,000; the unit has been rented since December 2020.
How big is unit 506?
762 sqft (70.8 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower.
What is unit 506 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 506, Ikarus Building
Starts from the last sale price (AED 591K, 30 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 590,888
- Deposit, UAE resident (20%)
- AED 118,178
- Deposit, non-resident (40%)
- AED 236,355
- Monthly over 25 years at 3.7%
- AED 2,418
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →