2-bed · 985 sqftIkarus Building, Dubai Production City (IMPZ) · 6th floor

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.

Unit 603 · DLD and Ejari recordsUpdated 26 December 2024
Last soldAED 806K26 December 2024
Current rentAED 56K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Ikarus Building

What is 603 worth today?

Last sold for AED 805,548 in 2024

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26 Dec 2024Sold by developerReady
AED 805,548AED 818 per sqft
1 Sep 2024RentedRenewal
AED 55,660/yr12 months · AED 57 per sqft
1 Sep 2023RentedRenewal
AED 50,600/yr12 months · AED 51 per sqft
1 Sep 2022RentedNew contract
AED 46,000/yr12 months · AED 47 per sqft
25 Jun 2021RentedNew contract
AED 44,000/yr13 months · AED 45 per sqft

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

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

Sales
Unit 603, each saleTypical two-bed in Ikarus Building
800K900K1M2024202520262027Typical sale price by year: 2025 AED 828,519; 2026 AED 1,022,500Sold by developer, December 2024: AED 805,548 (AED 818 per sqft)

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

Rents
Unit 603, each contractTypical two-bed in Ikarus Building
40K60K80K20192021202320252027Typical rent by year: 2019 AED 62,000; 2020 AED 45,000; 2021 AED 43,000; 2022 AED 45,000; 2023 AED 49,000; 2024 AED 55,000; 2025 AED 60,708; 2026 AED 75,167New contract, June 2021: AED 44,000 a yearNew contract, September 2022: AED 46,000 a yearRenewal, September 2023: AED 50,600 a yearRenewal, September 2024: AED 55,660 a year

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 salesUnit no.Price (AED)Summary
26 Oct 2026995,000
22 Jun 20261,050,000
20 Jan 20261,320,000
12 Jan 2026900,000
4 2-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
6021-bedAED 500K · Mar 2025
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

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 →