1-bed · 779 sqftIkarus Building, Dubai Production City (IMPZ) · 7th floor

705, Ikarus Building

Sold prices and rental history: sold once, by the developer in January 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 8 March 2026
Last soldAED 697K20 January 2026
Current rentAED 60K /yr8 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Ikarus Building

What is 705 worth today?

Last sold for AED 696,888 in 2026

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8 Mar 2026RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft
20 Jan 2026Sold by developerReady
AED 696,888AED 894 per sqft
1 Sep 2024RentedRenewal
AED 39,930/yr12 months · AED 51 per sqft
1 Sep 2023RentedRenewal
AED 36,300/yr12 months · AED 47 per sqft
1 Sep 2022RentedRenewal
AED 33,000/yr12 months · AED 42 per sqft
1 Sep 2021RentedRenewal
AED 31,000/yr12 months · AED 40 per sqft
1 Aug 2020RentedNew contract
AED 31,000/yr13 months · AED 40 per sqft

Source: Dubai Land Department. Updated 8 March 2026.

Key facts

Type
1-bed apartment
Size
779 sqft
Floor
7th of 14
Parking
B1-8
Last sold
AED 697K · January 2026

About 705, Ikarus Building

705 is a one-bedroom apartment of 779 sqft on the 7th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 20 January 2026 for AED 696,888, or AED 894 per sqft, 7% above the AED 833 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 8 March 2026, is AED 60,000 a year: a gross yield of 8.6% on the 2026 price.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical one-bed in Ikarus Building
600K2024202520262027Typical sale price by year: 2024 AED 454,888; 2025 AED 550,888; 2026 AED 678,444Sold by developer, January 2026: AED 696,888 (AED 894 per sqft)

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

Rents
Unit 705, each contractTypical one-bed in Ikarus Building
40K60K20192021202320252027Typical rent by year: 2019 AED 42,000; 2020 AED 27,000; 2021 AED 28,000; 2022 AED 29,000; 2023 AED 33,000; 2024 AED 37,864; 2025 AED 50,000; 2026 AED 55,000New contract, August 2020: AED 31,000 a yearRenewal, September 2021: AED 31,000 a yearRenewal, September 2022: AED 33,000 a yearRenewal, September 2023: AED 36,300 a yearRenewal, September 2024: AED 39,930 a yearNew contract, March 2026: AED 60,000 a year

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 705 sits

All 72 1-beds →

705 last sold in January 2026 at AED 894 per sqft, 7% above what one-beds in Ikarus Building were fetching at the time (AED 833). 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. 705's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 May 2026676,888
20 Apr 2026693,888
10 Apr 2026680,000
27 Mar 2026670,000
20 1-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 7th floor

All 128 units in Ikarus Building
Value
7011-bedAED 513K · May 2025
7021-bedAED 513K · Apr 2025
7032-bedAED 950K · Sep 2025
7042-bedAED 823K · Jan 2025
7061-bedAED 660K · Mar 2026
7071-bedAED 680K · Jan 2026
7082-bedAED 849K · Mar 2025
1–7 of 9

705, Ikarus Building in numbers

  • Sold once: by the developer on 20 January 2026 for AED 696,888, or AED 894 per sqft.
  • Rented since August 2020 on 6 Ejari contracts, from AED 31,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2026 price is 8.6%.
  • 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 8 March 2026.

Questions about 705, Ikarus Building

What did unit 705 last sell for?

AED 696,888 on 20 January 2026, sold by the developer: AED 894 per sqft for 779 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 60,000 a year on the contract signed on 8 March 2026. The previous contract, from September 2024, was AED 39,930; the unit has been rented since August 2020.

How big is unit 705?

779 sqft (72.4 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower.

What is unit 705 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 705, Ikarus Building

Starts from the last sale price (AED 697K, 20 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 696,888
Deposit, UAE resident (20%)
AED 139,378
Deposit, non-resident (40%)
AED 278,755
Monthly over 25 years at 3.7%
AED 2,851

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →