1209, Ikarus Building
Sold prices and rental history: sold once, by the developer in September 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1209, Ikarus Building
What is 1209 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 4 December 2025.
Key facts
- Type
- Apartment
- Size
- 1,027 sqft
- Floor
- 12th of 14
- Parking
- P1-21
- Last sold
- AED 860K · September 2025
- Building
- Ikarus Building
About 1209, Ikarus Building
1209 is an apartment of 1,027 sqft on the 12th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 8 September 2025 for AED 860,000, or AED 837 per sqft.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 4 December 2025, is AED 72,833 a year: a gross yield of 8.5% on the 2025 price.
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 | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 589 sqft | AED 503KAED 502,888 · Mar 2025March 2025 | 57,000 /yr | |
| 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 | |
| 1210 | 1-bed | 584 sqft | AED 560KAED 560,000 · Dec 2025December 2025 | 33,350 /yr |
1209, Ikarus Building in numbers
- Sold once: by the developer on 8 September 2025 for AED 860,000, or AED 837 per sqft.
- Rented since March 2021 on 6 Ejari contracts, from AED 40,000 to AED 72,833 a year.
- At AED 72,833 a year the gross yield on the 2025 price is 8.5%.
Source: YallaValue analysis of Dubai Land Department records. Updated 4 December 2025.
Questions about 1209, Ikarus Building
What did unit 1209 last sell for?
AED 860,000 on 8 September 2025, sold by the developer: AED 837 per sqft for 1,027 sqft. It is the only registered sale of the unit.
What is the rent for unit 1209?
AED 72,833 a year on the contract signed on 4 December 2025. The previous contract, from April 2025, was AED 50,600; the unit has been rented since March 2021.
How big is unit 1209?
1,027 sqft (95.4 sqm): an apartment on the 12th floor of a 14-storey tower.
What is unit 1209 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 1209, Ikarus Building
Starts from the last sale price (AED 860K, 8 September 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 860,000
- Deposit, UAE resident (20%)
- AED 172,000
- Deposit, non-resident (40%)
- AED 344,000
- Monthly over 25 years at 3.7%
- AED 3,519
Plus AED 41,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →