702, Ikarus Building
Sold prices and rental history: sold once, by the developer in April 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 702, Ikarus Building
What is 702 worth today?
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Source: Dubai Land Department. Updated 7 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 592 sqft
- Floor
- 7th of 14
- Parking
- B1-5
- Last sold
- AED 513K · April 2025
- Building
- Ikarus Building
About 702, Ikarus Building
702 is a one-bedroom apartment of 592 sqft on the 7th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 11 April 2025 for AED 512,888, or AED 865 per sqft, 9% above the AED 796 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 7 December 2025, is AED 52,000 a year: a gross yield of 10.1% on the 2025 price.
Sales and rents for 702 over time
702 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 702 sits
All 72 1-beds →702 last sold in April 2025 at AED 865 per sqft, 9% above what one-beds in Ikarus Building were fetching at the time (AED 796). 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. 702's AED 52,000 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 7th floor
All 128 units in Ikarus Building| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 589 sqft | AED 513KAED 512,888 · May 2025May 2025 | 60,000 /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 |
702, Ikarus Building in numbers
- Sold once: by the developer on 11 April 2025 for AED 512,888, or AED 865 per sqft.
- Rented since December 2020 on 6 Ejari contracts, from AED 24,000 to AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2025 price is 10.1%.
- 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 7 December 2025.
Questions about 702, Ikarus Building
What did unit 702 last sell for?
AED 512,888 on 11 April 2025, sold by the developer: AED 865 per sqft for 592 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 52,000 a year on the contract signed on 7 December 2025. The previous contract, from March 2025, was AED 34,364; the unit has been rented since December 2020.
How big is unit 702?
592 sqft (55.0 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower.
What is unit 702 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 702, Ikarus Building
Starts from the last sale price (AED 513K, 11 April 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 →