704, Ikarus Building
Sold prices and rental history: sold once, by the developer in January 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 704, Ikarus Building
What is 704 worth today?
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Source: Dubai Land Department. Updated 1 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 996 sqft
- Floor
- 7th of 14
- Parking
- B1-7
- Last sold
- AED 823K · January 2025
- Building
- Ikarus Building
About 704, Ikarus Building
704 is a two-bedroom apartment of 996 sqft on the 7th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 24 January 2025 for AED 822,888, or AED 826 per sqft, in line with the AED 822 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 76,000 a year: a gross yield of 9.2% on the 2025 price.
Sales and rents for 704 over time
704 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 704 sits
All 56 2-beds →704 last sold in January 2025 at AED 826 per sqft, in line with what two-beds in Ikarus Building were fetching at the time (AED 822). 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. 704's AED 76,000 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 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 | |
| 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 | |
| 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 |
704, Ikarus Building in numbers
- Sold once: by the developer on 24 January 2025 for AED 822,888, or AED 826 per sqft.
- Rented since February 2020 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 43,000 in 2021 and recovered to AED 76,000 by December 2025.
- At AED 76,000 a year the gross yield on the 2025 price is 9.2%.
- 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 1 December 2025.
Questions about 704, Ikarus Building
What did unit 704 last sell for?
AED 822,888 on 24 January 2025, sold by the developer: AED 826 per sqft for 996 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 76,000 a year on the contract renewed on 1 December 2025. The previous contract, from April 2025, was AED 51,750; the unit has been rented since February 2020.
How big is unit 704?
996 sqft (92.5 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower.
What is unit 704 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 704, Ikarus Building
Starts from the last sale price (AED 823K, 24 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 822,888
- Deposit, UAE resident (20%)
- AED 164,578
- Deposit, non-resident (40%)
- AED 329,155
- Monthly over 25 years at 3.7%
- AED 3,367
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →