701, Ikarus Building
Sold prices and rental history: sold once, by the developer in May 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 701, Ikarus Building
What is 701 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 6 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 589 sqft
- Floor
- 7th of 14
- Parking
- B1-4
- Last sold
- AED 513K · May 2025
- Building
- Ikarus Building
About 701, Ikarus Building
701 is a one-bedroom apartment of 589 sqft on the 7th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 1 May 2025 for AED 512,888, or AED 871 per sqft, 9% above the AED 800 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 6 January 2026, is AED 60,000 a year: a gross yield of 11.7% on the 2025 price.
Sales and rents for 701 over time
701 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 701 sits
All 72 1-beds →701 last sold in May 2025 at AED 871 per sqft, 9% above what one-beds in Ikarus Building were fetching at the time (AED 800). 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. 701's AED 60,000 is in the upper 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 7th floor
All 128 units in Ikarus Building| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 592 sqft | AED 513KAED 512,888 · Apr 2025April 2025 | 52,000 /yr | |
| 703 | 2-bed | 985 sqft | AED 950KAED 950,000 · Sep 2025September 2025 | 53,900 /yr | |
| 704 | 2-bed | 996 sqft | AED 823KAED 822,888 · Jan 2025January 2025 | 76,000 /yr | |
| 705 | 1-bed | 779 sqft | AED 697KAED 696,888 · Jan 2026January 2026 | 60,000 /yr | |
| 706 | 1-bed | 762 sqft | AED 660KAED 660,000 · Mar 2026March 2026 | 58,000 /yr | |
| 707 | 1-bed | 778 sqft | AED 680KAED 680,000 · Jan 2026January 2026 | 38,720 /yr | |
| 708 | 2-bed | 1,025 sqft | AED 849KAED 848,888 · Mar 2025March 2025 | 54,744 /yr | |
| 709 | 2-bed | 1,025 sqft | AED 849KAED 848,888 · Apr 2025April 2025 | 80,000 /yr | |
| 710 | 1-bed | 586 sqft | AED 508KAED 507,888 · May 2025May 2025 | 53,000 /yr |
701, Ikarus Building in numbers
- Sold once: by the developer on 1 May 2025 for AED 512,888, or AED 871 per sqft.
- Rented since November 2020 on 7 Ejari contracts, from AED 26,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2025 price is 11.7%.
- 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 6 January 2026.
Questions about 701, Ikarus Building
What did unit 701 last sell for?
AED 512,888 on 1 May 2025, sold by the developer: AED 871 per sqft for 589 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 60,000 a year on the contract signed on 6 January 2026. The previous contract, from January 2026, was AED 60,000; the unit has been rented since November 2020.
How big is unit 701?
589 sqft (54.7 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower.
What is unit 701 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 701? 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 701, Ikarus Building
Starts from the last sale price (AED 513K, 1 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 512,888
- Deposit, UAE resident (20%)
- AED 102,578
- Deposit, non-resident (40%)
- AED 205,155
- Monthly over 25 years at 3.7%
- AED 2,098
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →