1-bed · 778 sqftIkarus Building, Dubai Production City (IMPZ) · 7th floor

707, Ikarus Building

Sold prices and rental history: sold once, by the developer in January 2026, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 23 January 2026
Last soldAED 680K23 January 2026
Current rentAED 39K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Ikarus Building

What is 707 worth today?

Last sold for AED 680,000 in 2026

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23 Jan 2026Sold by developerReady
AED 680,000AED 873 per sqft
1 Oct 2024RentedRenewal
AED 38,720/yr12 months · AED 50 per sqft
1 Oct 2023RentedRenewal
AED 35,200/yr12 months · AED 45 per sqft
1 Oct 2022RentedNew contract
AED 32,000/yr12 months · AED 41 per sqft
1 Sep 2022RentedNew contract
AED 32,000/yr12 months · AED 41 per sqft
11 Feb 2022RentedRenewal
AED 30,000/yr8 months · AED 39 per sqft
11 Feb 2021RentedRenewal
AED 28,000/yr12 months · AED 36 per sqft
11 Dec 2019RentedNew contract
AED 42,000/yr14 months · AED 54 per sqft

Source: Dubai Land Department. Updated 23 January 2026.

Key facts

Type
1-bed apartment
Size
778 sqft
Floor
7th of 14
Parking
B1-10
Last sold
AED 680K · January 2026

About 707, Ikarus Building

707 is a one-bedroom apartment of 778 sqft on the 7th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 23 January 2026 for AED 680,000, or AED 873 per sqft, 4% above the AED 843 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 38,720 a year: a gross yield of 5.7% on the 2026 price.

Sales and rents for 707 over time

Sales
Unit 707, 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 680,000 (AED 873 per sqft)

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

Rents
Unit 707, 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, December 2019: AED 42,000 a yearRenewal, February 2021: AED 28,000 a yearRenewal, February 2022: AED 30,000 a yearNew contract, September 2022: AED 32,000 a yearNew contract, October 2022: AED 32,000 a yearRenewal, October 2023: AED 35,200 a yearRenewal, October 2024: AED 38,720 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 707 sits

All 72 1-beds →

707 last sold in January 2026 at AED 873 per sqft, 4% above what one-beds in Ikarus Building were fetching at the time (AED 843). 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. 707's AED 38,720 is at the bottom 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
7061-bedAED 660K · Mar 2026
7082-bedAED 849K · Mar 2025
1–7 of 9

707, Ikarus Building in numbers

  • Sold once: by the developer on 23 January 2026 for AED 680,000, or AED 873 per sqft.
  • Rented since December 2019 on 7 Ejari contracts. The rent fell from AED 42,000 to AED 28,000 in 2021 and recovered to AED 38,720 by October 2024.
  • At AED 38,720 a year the gross yield on the 2026 price is 5.7%.
  • 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 23 January 2026.

Questions about 707, Ikarus Building

What did unit 707 last sell for?

AED 680,000 on 23 January 2026, sold by the developer: AED 873 per sqft for 778 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 38,720 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 35,200; the unit has been rented since December 2019.

How big is unit 707?

778 sqft (72.3 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower.

What is unit 707 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 707, Ikarus Building

Starts from the last sale price (AED 680K, 23 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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