1-bed · 762 sqftIkarus Building, Dubai Production City (IMPZ) · 7th floor

706, Ikarus Building

Sold prices and rental history: sold once, by the developer in March 2026, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 6 April 2026
Last soldAED 660K12 March 2026
Current rentAED 58K /yr6 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Ikarus Building

What is 706 worth today?

Last sold for AED 660,000 in 2026

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6 Apr 2026RentedNew contract
AED 58,000/yr12 months · AED 76 per sqft
12 Mar 2026Sold by developerReady
AED 660,000AED 866 per sqft
24 Apr 2024RentedRenewal
AED 37,950/yr12 months · AED 50 per sqft
24 Apr 2023RentedRenewal
AED 33,000/yr12 months · AED 43 per sqft
24 Apr 2022RentedRenewal
AED 30,000/yr12 months · AED 39 per sqft
10 Mar 2021RentedNew contract
AED 28,000/yr13 months · AED 37 per sqft

Source: Dubai Land Department. Updated 6 April 2026.

Key facts

Type
1-bed apartment
Size
762 sqft
Floor
7th of 14
Parking
B1-9
Last sold
AED 660K · March 2026

About 706, Ikarus Building

706 is a one-bedroom apartment of 762 sqft on the 7th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 12 March 2026 for AED 660,000, or AED 866 per sqft, in line with the AED 860 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 6 April 2026, is AED 58,000 a year: a gross yield of 8.8% on the 2026 price.

Sales and rents for 706 over time

Sales
Unit 706, 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, March 2026: AED 660,000 (AED 866 per sqft)

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

Rents
Unit 706, 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, March 2021: AED 28,000 a yearRenewal, April 2022: AED 30,000 a yearRenewal, April 2023: AED 33,000 a yearRenewal, April 2024: AED 37,950 a yearNew contract, April 2026: AED 58,000 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 706 sits

All 72 1-beds →

706 last sold in March 2026 at AED 866 per sqft, in line with what one-beds in Ikarus Building were fetching at the time (AED 860). 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. 706's AED 58,000 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
7051-bedAED 697K · Jan 2026
7071-bedAED 680K · Jan 2026
7082-bedAED 849K · Mar 2025
1–7 of 9

706, Ikarus Building in numbers

  • Sold once: by the developer on 12 March 2026 for AED 660,000, or AED 866 per sqft.
  • Rented since March 2021 on 5 Ejari contracts, from AED 28,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2026 price is 8.8%.
  • 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 April 2026.

Questions about 706, Ikarus Building

What did unit 706 last sell for?

AED 660,000 on 12 March 2026, sold by the developer: AED 866 per sqft for 762 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 58,000 a year on the contract signed on 6 April 2026. The previous contract, from April 2024, was AED 37,950; the unit has been rented since March 2021.

How big is unit 706?

762 sqft (70.8 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower.

What is unit 706 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 706, Ikarus Building

Starts from the last sale price (AED 660K, 12 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 660,000
Deposit, UAE resident (20%)
AED 132,000
Deposit, non-resident (40%)
AED 264,000
Monthly over 25 years at 3.7%
AED 2,700

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