513 sqftIkarus Building, Dubai Production City (IMPZ) · 10th floor

1009, Ikarus Building

Sold prices and rental history: sold once, by the developer in January 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1009 · DLD and Ejari recordsUpdated 30 January 2025
Last soldAED 829K30 January 2025
Current rentAED 56K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1009, Ikarus Building

What is 1009 worth today?

Last sold for AED 828,519 in 2025

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30 Jan 2025Sold by developerReady
AED 828,519AED 807 per sqft
1 Oct 2024RentedRenewal
AED 55,660/yr12 months · AED 54 per sqft
1 Oct 2023RentedNew contract
AED 50,600/yr12 months · AED 49 per sqft
1 Oct 2022RentedNew contract
AED 46,000/yr12 months · AED 45 per sqft
8 Jul 2021RentedNew contract
AED 40,000/yr13 months · AED 39 per sqft
1 Nov 2020RentedRenewal
AED 39,000/yr6 months · AED 38 per sqft
1 Oct 2019RentedNew contract
AED 55,000/yr13 months · AED 54 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 January 2025.

Key facts

Type
Apartment
Size
513 sqft
Floor
10th of 14
Parking
P1-1
Last sold
AED 829K · January 2025

About 1009, Ikarus Building

1009 is an apartment of 513 sqft on the 10th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 30 January 2025 for AED 828,519, or AED 807 per sqft.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 55,660 a year: a gross yield of 6.7% on the 2025 price.

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
10071-bedAED 661K · Jun 2025
1–7 of 9

1009, Ikarus Building in numbers

  • Sold once: by the developer on 30 January 2025 for AED 828,519, or AED 807 per sqft.
  • Rented since October 2019 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 39,000 in 2020 and recovered to AED 55,660 by October 2024.
  • At AED 55,660 a year the gross yield on the 2025 price is 6.7%.

Source: YallaValue analysis of Dubai Land Department records. Updated 30 January 2025.

Questions about 1009, Ikarus Building

What did unit 1009 last sell for?

AED 828,519 on 30 January 2025, sold by the developer: AED 807 per sqft for 513 sqft. It is the only registered sale of the unit.

What is the rent for unit 1009?

AED 55,660 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 50,600; the unit has been rented since October 2019.

How big is unit 1009?

513 sqft (47.7 sqm): an apartment on the 10th floor of a 14-storey tower.

What is unit 1009 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1009, Ikarus Building

Starts from the last sale price (AED 829K, 30 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 828,519
Deposit, UAE resident (20%)
AED 165,704
Deposit, non-resident (40%)
AED 331,408
Monthly over 25 years at 3.7%
AED 3,390

Plus AED 39,808 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →