1201, Ikarus Building
Sold prices and rental history: sold once, by the developer in March 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, Ikarus Building
What is 1201 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 589 sqft
- Floor
- 12th of 14
- Parking
- P1-13
- Last sold
- AED 503K · March 2025
- Building
- Ikarus Building
About 1201, Ikarus Building
1201 is a one-bedroom apartment of 589 sqft on the 12th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 19 March 2025 for AED 502,888, or AED 854 per sqft, 9% above the AED 783 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 10 December 2025, is AED 57,000 a year: a gross yield of 11.3% on the 2025 price.
Sales and rents for 1201 over time
1201 has sold once; the dashed line is the one-bed median of each year in the building.
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 1201 sits
All 60 1-beds →1201 last sold in March 2025 at AED 854 per sqft, 9% above what one-beds in Ikarus Building were fetching at the time (AED 783). 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. 1201's AED 57,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 762 sqft | 660,888 | 867 | ||
| 11 Feb 202611 February 2026 | 762 sqft | 663,000 | 870 | ||
| 28 Jan 202628 January 2026 | 765 sqft | 710,000 | 928 | ||
| 23 Jan 202623 January 2026 | 778 sqft | 680,000 | 873 |
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 12th floor
All 128 units in Ikarus Building| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 1-bed | 592 sqft | AED 490KAED 490,188 · Jun 2025June 2025 | 56,000 /yr | |
| 1203 | 2-bed | 979 sqft | AED 830KAED 829,888 · Apr 2025April 2025 | 56,100 /yr | |
| 1204 | 2-bed | 984 sqft | AED 834KAED 834,000 · Apr 2025April 2025 | 57,750 /yr | |
| 1205 | 1-bed | 783 sqft | AED 751KAED 750,888 · Jan 2026January 2026 | 40,150 /yr | |
| 1206 | 1-bed | 764 sqft | AED 666KAED 665,888 · Feb 2025February 2025 | 36,500 /yr | |
| 1207 | 1-bed | 777 sqft | AED 500KAED 500,000 · Apr 2025April 2025 | 42,000 /yr | |
| 1208 | 2-bed | 1,028 sqft | AED 852KAED 852,280 · Apr 2025April 2025 | 75,000 /yr | |
| 1209 | 1,027 sqft | AED 860KAED 860,000 · Sep 2025September 2025 | 72,833 /yr | ||
| 1210 | 1-bed | 584 sqft | AED 560KAED 560,000 · Dec 2025December 2025 | 33,350 /yr |
1201, Ikarus Building in numbers
- Sold once: by the developer on 19 March 2025 for AED 502,888, or AED 854 per sqft.
- Rented since December 2020 on 7 Ejari contracts, from AED 24,000 to AED 57,000 a year.
- At AED 57,000 a year the gross yield on the 2025 price is 11.3%.
- 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 10 December 2025.
Questions about 1201, Ikarus Building
What did unit 1201 last sell for?
AED 502,888 on 19 March 2025, sold by the developer: AED 854 per sqft for 589 sqft. It is the only registered sale of the unit.
What is the rent for unit 1201?
AED 57,000 a year on the contract signed on 10 December 2025. The previous contract, from April 2025, was AED 34,800; the unit has been rented since December 2020.
How big is unit 1201?
589 sqft (54.7 sqm): a one-bedroom apartment on the 12th floor of a 14-storey tower.
What is unit 1201 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 1201, Ikarus Building
Starts from the last sale price (AED 503K, 19 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 502,888
- Deposit, UAE resident (20%)
- AED 100,578
- Deposit, non-resident (40%)
- AED 201,155
- Monthly over 25 years at 3.7%
- AED 2,057
Plus AED 26,132 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →