1008, Ikarus Building
Sold prices and rental history: sold once, by the developer in February 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1008, Ikarus Building
What is 1008 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,027 sqft
- Floor
- 10th of 14
- Parking
- B1-42
- Last sold
- AED 825K · February 2025
- Building
- Ikarus Building
About 1008, Ikarus Building
1008 is a two-bedroom apartment of 1,027 sqft on the 10th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 20 February 2025 for AED 824,888, or AED 802 per sqft, in line with the AED 818 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 20 September 2023, is AED 54,000 a year: a gross yield of 6.6% on the 2025 price.
Sales and rents for 1008 over time
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Ikarus Building, and where 1008 sits
All 49 2-beds →1008 last sold in February 2025 at AED 802 per sqft, in line with what two-beds in Ikarus Building were fetching at the time (AED 818). Over the last 12 months two-beds sold for AED 900,000 to 1,320,000, around AED 793 per sqft, and rent for AED 68,700 to 100,000 a year. 1008's AED 54,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Jan 202620 January 2026 | 1,859 sqft | 1,320,000 | 710 | ||
| 12 Jan 202612 January 2026 | 1,026 sqft | 900,000 | 876 | ||
| 3 Jul 20253 July 2025 | 1,027 sqft | 860,888 | 838 | ||
| 3 Jul 20253 July 2025 | 1,027 sqft | 861,888 | 839 |
Ikarus Building
Building128 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%
Other units on the 10th floor
All 128 units in Ikarus Building| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 589 sqft | AED 489KAED 488,888 · Apr 2025April 2025 | 50,000 /yr | |
| 1002 | 1-bed | 592 sqft | No registered sale | 35,650 /yr | |
| 1003 | 2-bed | 978 sqft | AED 821KAED 820,663 · Jan 2025January 2025 | 70,000 /yr | |
| 1004 | 980 sqft | AED 1MAED 1,000,000 · Aug 2025August 2025 | 65,191 /yr | ||
| 1005 | 779 sqft | AED 705KAED 705,000 · Oct 2025October 2025 | 62,000 /yr | ||
| 1006 | 1-bed | 762 sqft | AED 625KAED 624,888 · May 2025May 2025 | 50,769 /yr | |
| 1007 | 1-bed | 777 sqft | AED 661KAED 660,888 · Jun 2025June 2025 | 39,117 /yr | |
| 1009 | 513 sqft | AED 829KAED 828,519 · Jan 2025January 2025 | 55,660 /yr | ||
| 1010 | 584 sqft | AED 556KAED 555,888 · Nov 2025November 2025 | 50,000 /yr |
1008, Ikarus Building in numbers
- Sold once: by the developer on 20 February 2025 for AED 824,888, or AED 802 per sqft.
- Rented since May 2021 on 3 Ejari contracts, from AED 40,000 to AED 54,000 a year.
- At AED 54,000 a year the gross yield on the 2025 price is 6.6%.
- Two-beds in Ikarus Building sold for AED 900,000–1,320,000 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 20 February 2025.
Questions about 1008, Ikarus Building
What did unit 1008 last sell for?
AED 824,888 on 20 February 2025, sold by the developer: AED 802 per sqft for 1,027 sqft. It is the only registered sale of the unit.
What is the rent for unit 1008?
AED 54,000 a year on the contract signed on 20 September 2023. The previous contract, from August 2022, was AED 43,000; the unit has been rented since May 2021.
How big is unit 1008?
1,027 sqft (95.4 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower.
What is unit 1008 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ikarus Building sold for AED 900,000 to 1,320,000 in the last 12 months, around AED 793 per sqft.
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Mortgage on 1008, Ikarus Building
Starts from the last sale price (AED 825K, 20 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 824,888
- Deposit, UAE resident (20%)
- AED 164,978
- Deposit, non-resident (40%)
- AED 329,955
- Monthly over 25 years at 3.7%
- AED 3,375
Plus AED 39,656 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →