1-bed · 777 sqftIkarus Building, Dubai Production City (IMPZ) · 10th floor

1007, Ikarus Building

Sold prices and rental history: sold once, by the developer in June 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 25 June 2025
Last soldAED 661K25 June 2025
Current rentAED 39K /yr16 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Ikarus Building

What is 1007 worth today?

Last sold for AED 660,888 in 2025

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25 Jun 2025Sold by developerReady
AED 660,888AED 851 per sqft
16 Dec 2024RentedRenewal
AED 39,117/yr12 months · AED 50 per sqft
16 Dec 2022RentedRenewal
AED 31,000/yr12 months · AED 40 per sqft
16 Dec 2021RentedRenewal
AED 29,000/yr12 months · AED 37 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 June 2025.

Key facts

Type
1-bed apartment
Size
777 sqft
Floor
10th of 14
Parking
B1-41
Last sold
AED 661K · June 2025

About 1007, Ikarus Building

1007 is a one-bedroom apartment of 777 sqft on the 10th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 25 June 2025 for AED 660,888, or AED 851 per sqft, 6% above the AED 800 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 16 December 2024, is AED 39,117 a year: a gross yield of 5.9% on the 2025 price.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical one-bed in Ikarus Building
600K2024202520262027Typical sale price by year: 2024 AED 454,888; 2025 AED 521,444; 2026 AED 685,000Sold by developer, June 2025: AED 660,888 (AED 851 per sqft)

1007 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1007, 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 30,000; 2023 AED 33,000; 2024 AED 37,778; 2025 AED 50,000; 2026 AED 60,000Renewal, December 2021: AED 29,000 a yearRenewal, December 2022: AED 31,000 a yearRenewal, December 2024: AED 39,117 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 1007 sits

All 60 1-beds →

1007 last sold in June 2025 at AED 851 per sqft, 6% above what one-beds in Ikarus Building were fetching at the time (AED 800). Over the last 12 months one-beds sold for AED 540,000 to 750,888, around AED 928 per sqft, and rent for AED 46,000 to 65,000 a year. 1007's AED 39,117 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 2026660,888
11 Feb 2026663,000
28 Jan 2026710,000
23 Jan 2026680,000
13 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). 15 sold in the last 12 months.

Typical price per sqft
AED 925 Up 13.1%
Typical sale
AED 680K
Typical rent
AED 60K /yr
Typical yield
9.2%
Ikarus Building, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 10th floor

All 128 units in Ikarus Building
Value
10011-bedAED 489K · Apr 2025
10021-bedNo registered sale
10032-bedAED 821K · Jan 2025
1004AED 1M · Aug 2025
1005AED 705K · Oct 2025
10061-bedAED 625K · May 2025
10082-bedAED 825K · Feb 2025
1–7 of 9

1007, Ikarus Building in numbers

  • Sold once: by the developer on 25 June 2025 for AED 660,888, or AED 851 per sqft.
  • Rented since December 2021 on 3 Ejari contracts, from AED 29,000 to AED 39,117 a year.
  • At AED 39,117 a year the gross yield on the 2025 price is 5.9%.
  • One-beds in Ikarus Building sold for AED 540,000–750,888 in the 12 months to November 2026; the building's median across all types is AED 925 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 25 June 2025.

Questions about 1007, Ikarus Building

What did unit 1007 last sell for?

AED 660,888 on 25 June 2025, sold by the developer: AED 851 per sqft for 777 sqft. It is the only registered sale of the unit.

What is the rent for unit 1007?

AED 39,117 a year on the contract renewed on 16 December 2024. The previous contract, from December 2022, was AED 31,000; the unit has been rented since December 2021.

How big is unit 1007?

777 sqft (72.2 sqm): a one-bedroom apartment on the 10th floor of a 14-storey tower.

What is unit 1007 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 540,000 to 750,888 in the last 12 months, around AED 928 per sqft.

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Mortgage on 1007, Ikarus Building

Starts from the last sale price (AED 661K, 25 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 660,888
Deposit, UAE resident (20%)
AED 132,178
Deposit, non-resident (40%)
AED 264,355
Monthly over 25 years at 3.7%
AED 2,704

Plus AED 32,768 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →