
603, Ikarus Building
Sold prices and rental history: sold once, by the developer in December 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, Ikarus Building
What is 603 worth today?
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Source: Dubai Land Department. Updated 26 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 985 sqft
- Floor
- 6th of 14
- Parking
- B2-55
- Last sold
- AED 806K · December 2024
- Building
- Ikarus Building
About 603, Ikarus Building
603 is a two-bedroom apartment of 985 sqft on the 6th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 26 December 2024 for AED 805,548, or AED 818 per sqft.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 55,660 a year: a gross yield of 6.9% on the 2024 price.
Sales and rents for 603 over time
603 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 603 sits
All 56 2-beds →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. 603's AED 55,660 is in the lower half 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 6th floor
All 128 units in Ikarus Building| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 589 sqft | AED 530KAED 530,000 · Jun 2025June 2025 | 50,000 /yr | |
| 602 | 1-bed | 592 sqft | AED 500KAED 499,888 · Mar 2025March 2025 | 43,000 /yr | |
| 604 | 2-bed | 996 sqft | AED 995KAED 995,000 · Oct 2026October 2026 | 80,000 /yr | |
| 605 | 1-bed | 779 sqft | AED 610KAED 609,888 · Feb 2025February 2025 | 38,500 /yr | |
| 606 | 1-bed | 762 sqft | AED 661KAED 660,888 · Feb 2026February 2026 | 55,000 /yr | |
| 607 | 1-bed | 778 sqft | AED 641KAED 640,888 · Apr 2025April 2025 | 37,400 /yr | |
| 608 | 2-bed | 1,027 sqft | AED 804KAED 803,638 · Mar 2025March 2025 | 51,750 /yr | |
| 609 | 2-bed | 1,026 sqft | AED 823KAED 822,888 · Jan 2025January 2025 | 59,400 /yr | |
| 610 | 1-bed | 586 sqft | AED 473KAED 472,888 · Apr 2025April 2025 | 37,778 /yr |
603, Ikarus Building in numbers
- Sold once: by the developer on 26 December 2024 for AED 805,548, or AED 818 per sqft.
- Rented since June 2021 on 4 Ejari contracts, from AED 44,000 to AED 55,660 a year.
- At AED 55,660 a year the gross yield on the 2024 price is 6.9%.
- 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 26 December 2024.
Questions about 603, Ikarus Building
What did unit 603 last sell for?
AED 805,548 on 26 December 2024, sold by the developer: AED 818 per sqft for 985 sqft. It is the only registered sale of the unit.
What is the rent for unit 603?
AED 55,660 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 50,600; the unit has been rented since June 2021.
How big is unit 603?
985 sqft (91.5 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower.
What is unit 603 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 603, Ikarus Building
Starts from the last sale price (AED 806K, 26 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 805,548
- Deposit, UAE resident (20%)
- AED 161,110
- Deposit, non-resident (40%)
- AED 322,219
- Monthly over 25 years at 3.7%
- AED 3,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →