BuildingDubai Production City (IMPZ)

Ikarus Building

One-beds to two-beds in Dubai Production City (IMPZ). 15 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 1 March 2026
Typical price per sqftAED 925Up 13.1% on the year
Typical saleAED 680K15 sales
Typical rentAED 60K /yrAED 85 per sqft
Typical yield9.2%gross, before service charges

About Ikarus Building

Ikarus Building is a 17‑storey residential tower in Dubai Production City (formerly IMPZ), a mixed‑use free zone in the southwest of the city. Completed in 2020, it sits within an apartment‑led district known for practical urban living with good everyday conveniences and access to major roads. The building offers one‑ and two‑bedroom apartments in contemporary layouts, generally with open‑plan living spaces. On-site facilities are typical of modern mid‑rise towers in the area, including covered parking, four high‑speed elevators, 24‑hour security with CCTV, and a welcoming lobby. Residents have access to a swimming pool, landscaped garden space suitable for small gatherings, and a dedicated children’s play area. Dubai Production City is connected to the wider city via Sheikh Mohammed Bin Zayed Road (E311) and Al Khail Road (E44), providing straightforward car access to nearby employment and leisure hubs. Public transport is available through local bus services within a few minutes of the building, while the nearest metro stations on Route 2020—such as Jumeirah Golf Estates, Al Furjan and Dubai Investment Park—are typically a short drive away. Day‑to‑day retail, supermarkets, clinics and fitness options are found within the community and around the Me’aisem area, with a larger mall and additional dining a brief drive from the building. Established schools in nearby neighbourhoods, including primary and secondary options, add to the area’s practical appeal for families. The wider community blends residential clusters with offices and light commercial uses, creating a calm yet functional environment. While Dubai Production City is set slightly away from the coastline and major nightlife districts, it offers a balanced lifestyle for those seeking modern apartments, shared amenities and reasonable connectivity at a more accessible price point by Dubai standards.

128 apartments over 14 floors: 60 one-beds of 583 to 1,596 sqft and 49 two-beds of 974 to 2,499 sqft.

15 apartments sold in the 12 months to March 2026, at a median of AED 925 per sqft, up 13.1% on the year before. Most of the trading is in one-beds: 13 of the 15 sales, at AED 540,000 to 750,888, which is why the typical sale sits below the price of its larger homes. 39 rental contracts were registered over the same 12 months, at a typical AED 60,000 a year.

Floors
14
Units
128
Unit types
1-bed to 2-bed

Dubai Production City (IMPZ), Dubai

Average prices in Ikarus Building

In Ikarus Building, typical sale prices over the last 12 months were around AED 663,000 for one-beds and AED 1,110,000 for two-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Ikarus Building

700800900May 2026Nov 20262025-11-24: AED 930, 1-bed, 592 sqft2025-12-10: AED 925, 1-bed, 584 sqft2025-12-11: AED 928, 1-bed, 593 sqft2025-12-24: AED 959, 1-bed, 584 sqft2025-12-24: AED 957, 1-bed, 783 sqft2026-01-12: AED 1,024, 1-bed, 586 sqft2026-01-12: AED 876, 2-bed, 1,026 sqft2026-01-20: AED 894, 1-bed, 779 sqft2026-01-20: AED 958, 1-bed, 783 sqft2026-01-20: AED 710, 2-bed, 1,859 sqft2026-01-21: AED 888, 1-bed, 777 sqft2026-01-23: AED 873, 1-bed, 778 sqft2026-01-28: AED 928, 1-bed, 765 sqft2026-02-11: AED 870, 1-bed, 762 sqft2026-02-16: AED 867, 1-bed, 762 sqftTrend: AED 955 to AED 867

Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.

Transaction history in Ikarus Building

  • Completed1-bed · 761 sqft 16 Feb 2026AED 660,888867 /sqft
  • Completed1-bed · 761 sqft 11 Feb 2026AED 663,000870 /sqft
  • Completed1-bed · 764 sqft 28 Jan 2026AED 710,000928 /sqft
  • Completed1-bed · 778 sqft 23 Jan 2026AED 680,000874 /sqft
  • Completed1-bed · 776 sqft 21 Jan 2026AED 690,000889 /sqft
  • Completed1-bed · 778 sqft 20 Jan 2026AED 696,888895 /sqft
  • Completed1-bed · 783 sqft 20 Jan 2026AED 750,888959 /sqft
  • Completed2-bed · 1,859 sqft 20 Jan 2026AED 1,320,000710 /sqft
  • Completed1-bed · 585 sqft 12 Jan 2026AED 600,0001,025 /sqft
  • Completed2-bed · 1,026 sqft 12 Jan 2026AED 900,000877 /sqft

Over the last 12 months, Ikarus Building has recorded 15 apartment sales. Typical homes sold for around AED 680K (about AED 925 per sqft) with a median size of 765 sqft; most were one-beds, from roughly AED 540K to AED 1.32M.

1–10 of 122

Units in Ikarus Building

128 units
  • Unit 1011-bed · 1,425 sqftRented AED 39K/yr
  • Unit 1021,226 sqftSold AED 600K, Nov 2025
  • Unit 1032-bed · 983 sqftSold AED 786K, Apr 2025
  • Unit 1042-bed · 992 sqftSold AED 776K, Feb 2025
  • Unit 1051-bed · 1,414 sqftSold AED 693K, Jul 2025
  • Unit 1061-bed · 1,596 sqftRented AED 40K/yr
  • Unit 1071-bed · 1,586 sqftRented AED 39K/yr
  • Unit 1082-bed · 1,942 sqftSold AED 1.12M, Feb 2025
  • Unit 1092-bed · 1,941 sqftSold AED 951K, Mar 2025
  • Unit 1101,392 sqftSold AED 694K, Nov 2025
1–10 of 128
Every unit in Ikarus Building, by number

By type: one-beds (60), two-beds (49).

Nearby in Dubai Production City (IMPZ)

All 52 →
BuildingSale /sqftYield
Sun Point Dubai BFew sales
Sun Point Dubai CFew sales
Mesk 2AED 1,2597.2%
Noor 4AED 1,2628.3%
Mesk 1AED 1,4247.2%
1–5 of 51 · nearest first

Ikarus Building in numbers

  • Across 15 DLD sales in the 12 months to March 2026, the median price in Ikarus Building was AED 925 per sqft and the typical home sold for about AED 680K.
  • 14 floors of one-beds to two-beds.
  • One-beds of 583 to 1,596 sqft sold for AED 540,000 to 750,888 between November 2025 and February 2026, a median AED 928 per sqft.
  • An one-bed of 583 to 1,596 sqft rents for AED 46,000 to 65,000 a year on the 26 contracts registered in the last 12 months.
  • Gross rental yield 9.2%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 1 March 2026.

Questions

How much does an one-bed in Ikarus Building cost?

13 one-beds sold in the 12 months to March 2026, for AED 540,000 to 750,888; the median was AED 663,000, or AED 928 per sqft.

How much is an one-bed for rent in Ikarus Building?

About AED 55,000 a year: that is the median of the 26 contracts for one-beds registered with Ejari in the 12 months to March 2026, from AED 46,000 to 65,000.

What is the rental yield in Ikarus Building?

About 9.2% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in Ikarus Building gone up?

The median price per sqft rose from about AED 818 to AED 925 over the 12 months to March 2026, up 13.1%, on 15 sales against 107 the year before.

How many apartments are there in Ikarus Building?

128, one-beds to two-beds. Each has its own page with its full sales and rental history.

Work it out for a home here: how much a rent can rise, the service charge for its size or a mortgage.

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