2-bed · 1,859 sqftIkarus Building, Dubai Production City (IMPZ) · 14th floor

1404, Ikarus Building

Sold prices and rental history: sold once, by the developer in January 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 1.32M20 January 2026
Current rentAED 100K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Ikarus Building

What is 1404 worth today?

Last sold for AED 1,320,000 in 2026

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1 Mar 2026RentedNew contract
AED 100,000/yr12 months · AED 54 per sqft
20 Jan 2026Sold by developerReady
AED 1,320,000AED 710 per sqft
15 Oct 2025RentedRenewal
AED 61,027/yr2 months · AED 33 per sqft
15 Oct 2024RentedRenewal
AED 60,638/yr12 months · AED 33 per sqft
15 Oct 2023RentedRenewal
AED 57,750/yr12 months · AED 31 per sqft
15 Oct 2021RentedRenewal
AED 55,000/yr12 months · AED 30 per sqft
15 Oct 2020RentedRenewal
AED 55,000/yr12 months · AED 30 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2026.

Key facts

Type
2-bed apartment
Size
1,859 sqft
Floor
14th of 14
Parking
P1-30
Last sold
AED 1.32M · January 2026

About 1404, Ikarus Building

1404 is a two-bedroom apartment of 1,859 sqft on the 14th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 20 January 2026 for AED 1,320,000, or AED 710 per sqft, 13% below the AED 820 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 1 March 2026, is AED 100,000 a year: a gross yield of 7.6% on the 2026 price.

Sales and rents for 1404 over time

Rents
Unit 1404, each contractTypical two-bed in Ikarus Building
50K100K20192021202320252027Typical rent by year: 2019 AED 62,000; 2020 AED 44,500; 2021 AED 43,000; 2022 AED 45,000; 2023 AED 48,500; 2024 AED 55,100; 2025 AED 63,925; 2026 AED 80,000Renewal, October 2020: AED 55,000 a yearRenewal, October 2021: AED 55,000 a yearRenewal, October 2023: AED 57,750 a yearRenewal, October 2024: AED 60,638 a yearRenewal, October 2025: AED 61,027 a yearNew contract, March 2026: AED 100,000 a year

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 1404 sits

All 49 2-beds →

1404 last sold in January 2026 at AED 710 per sqft, 13% below what two-beds in Ikarus Building were fetching at the time (AED 820). 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. 1404's AED 100,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Jan 2026900,000
3 Jul 2025860,888
3 Jul 2025861,888
2 Jun 2025824,888
2 2-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 14th floor

All 128 units in Ikarus Building
Value
1401AED 1.1M · Sep 2025

1404, Ikarus Building in numbers

  • Sold once: by the developer on 20 January 2026 for AED 1,320,000, or AED 710 per sqft.
  • Rented since October 2020 on 6 Ejari contracts, from AED 55,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2026 price is 7.6%.
  • 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 1 March 2026.

Questions about 1404, Ikarus Building

What did unit 1404 last sell for?

AED 1,320,000 on 20 January 2026, sold by the developer: AED 710 per sqft for 1,859 sqft. It is the only registered sale of the unit.

What is the rent for unit 1404?

AED 100,000 a year on the contract signed on 1 March 2026. The previous contract, from October 2025, was AED 61,027; the unit has been rented since October 2020.

How big is unit 1404?

1,859 sqft (172.7 sqm): a two-bedroom apartment on the 14th floor of a 14-storey tower.

What is unit 1404 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 1404, Ikarus Building

Starts from the last sale price (AED 1.32M, 20 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,320,000
Deposit, UAE resident (20%)
AED 264,000
Deposit, non-resident (40%)
AED 528,000
Monthly over 25 years at 3.7%
AED 5,401

Plus AED 60,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →