1-bed · 592 sqftIkarus Building, Dubai Production City (IMPZ) · 6th floor

602, Ikarus Building

Sold prices and rental history: sold once, by the developer in March 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 19 March 2025
Last soldAED 500K19 March 2025
Current rentAED 43K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Ikarus Building

What is 602 worth today?

Last sold for AED 499,888 in 2025

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19 Mar 2025Sold by developerReady
AED 499,888AED 843 per sqft
20 May 2024RentedNew contract
AED 43,000/yr12 months · AED 73 per sqft
5 Dec 2022RentedRenewal
AED 26,000/yr12 months · AED 44 per sqft
5 Dec 2021RentedRenewal
AED 23,000/yr12 months · AED 39 per sqft
20 Oct 2020RentedNew contract
AED 23,001/yr13 months · AED 39 per sqft

Source: Dubai Land Department. Updated 19 March 2025.

Key facts

Type
1-bed apartment
Size
592 sqft
Floor
6th of 14
Parking
B2-54
Last sold
AED 500K · March 2025

About 602, Ikarus Building

602 is a one-bedroom apartment of 592 sqft on the 6th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 19 March 2025 for AED 499,888, or AED 843 per sqft, 8% above the AED 783 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 20 May 2024, is AED 43,000 a year: a gross yield of 8.6% on the 2025 price.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical one-bed in Ikarus Building
600K2024202520262027Typical sale price by year: 2024 AED 454,888; 2025 AED 550,888; 2026 AED 678,444Sold by developer, March 2025: AED 499,888 (AED 843 per sqft)

602 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 602, each contractTypical one-bed in Ikarus Building
20K40K60K20192021202320252027Typical rent by year: 2019 AED 42,000; 2020 AED 27,000; 2021 AED 28,000; 2022 AED 29,000; 2023 AED 33,000; 2024 AED 37,864; 2025 AED 50,000; 2026 AED 55,000New contract, October 2020: AED 23,001 a yearRenewal, December 2021: AED 23,000 a yearRenewal, December 2022: AED 26,000 a yearNew contract, May 2024: AED 43,000 a year

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 602 sits

All 72 1-beds →

602 last sold in March 2025 at AED 843 per sqft, 8% above what one-beds in Ikarus Building were fetching at the time (AED 783). 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. 602's AED 43,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 May 2026676,888
20 Apr 2026693,888
10 Apr 2026680,000
27 Mar 2026670,000
20 1-bed sales in the last 12 months

Ikarus Building

Building

128 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%
Ikarus Building, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 6th floor

All 128 units in Ikarus Building
Value
6011-bedAED 530K · Jun 2025
6032-bedAED 806K · Dec 2024
6042-bedAED 995K · Oct 2026
6051-bedAED 610K · Feb 2025
6061-bedAED 661K · Feb 2026
6071-bedAED 641K · Apr 2025
6082-bedAED 804K · Mar 2025
1–7 of 9

602, Ikarus Building in numbers

  • Sold once: by the developer on 19 March 2025 for AED 499,888, or AED 843 per sqft.
  • Rented since October 2020 on 4 Ejari contracts, from AED 23,001 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2025 price is 8.6%.
  • 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 19 March 2025.

Questions about 602, Ikarus Building

What did unit 602 last sell for?

AED 499,888 on 19 March 2025, sold by the developer: AED 843 per sqft for 592 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 43,000 a year on the contract signed on 20 May 2024. The previous contract, from December 2022, was AED 26,000; the unit has been rented since October 2020.

How big is unit 602?

592 sqft (55.0 sqm): a one-bedroom apartment on the 6th floor of a 14-storey tower.

What is unit 602 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 602, Ikarus Building

Starts from the last sale price (AED 500K, 19 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 499,888
Deposit, UAE resident (20%)
AED 99,978
Deposit, non-resident (40%)
AED 199,955
Monthly over 25 years at 3.7%
AED 2,045

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →