2-bed · 979 sqftIkarus Building, Dubai Production City (IMPZ) · 2nd floor

204, Ikarus Building

Sold prices and rental history: sold once, by the developer in April 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 4 December 2025
Last soldAED 811K14 April 2025
Current rentAED 75K /yr4 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Ikarus Building

What is 204 worth today?

Last sold for AED 810,880 in 2025

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4 Dec 2025RentedNew contract
AED 75,000/yr11 months · AED 77 per sqft
14 Apr 2025Sold by developerReady
AED 810,880AED 828 per sqft
29 Jan 2025RentedRenewal
AED 55,435/yr10 months · AED 57 per sqft
29 Jan 2024RentedRenewal
AED 50,600/yr12 months · AED 52 per sqft
29 Jan 2023RentedRenewal
AED 46,000/yr12 months · AED 47 per sqft
29 Jan 2022RentedRenewal
AED 43,000/yr12 months · AED 44 per sqft
15 Dec 2020RentedNew contract
AED 43,000/yr13 months · AED 44 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 December 2025.

Key facts

Type
2-bed apartment
Size
979 sqft
Floor
2nd of 14
Parking
B2-14
Last sold
AED 811K · April 2025

About 204, Ikarus Building

204 is a two-bedroom apartment of 979 sqft on the 2nd floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 14 April 2025 for AED 810,880, or AED 828 per sqft, in line with the AED 818 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 4 December 2025, is AED 75,000 a year: a gross yield of 9.3% on the 2025 price.

Sales and rents for 204 over time

Rents
Unit 204, each contractTypical two-bed in Ikarus Building
40K60K80K20192021202320252027Typical 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 80,000New contract, December 2020: AED 43,000 a yearRenewal, January 2022: AED 43,000 a yearRenewal, January 2023: AED 46,000 a yearRenewal, January 2024: AED 50,600 a yearRenewal, January 2025: AED 55,435 a yearNew contract, December 2025: AED 75,000 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 204 sits

All 49 2-beds →

204 last sold in April 2025 at AED 828 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. 204's AED 75,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jan 20261,320,000
12 Jan 2026900,000
3 Jul 2025860,888
3 Jul 2025861,888
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 2nd floor

All 128 units in Ikarus Building
Value
201AED 550K · Oct 2025
2021-bedAED 454K · Dec 2024
2032-bedAED 816K · May 2025
2051-bedNo registered sale
206AED 651K · Aug 2025
2071-bedAED 612K · Mar 2025
2082-bedAED 815K · Apr 2025
1–7 of 9

204, Ikarus Building in numbers

  • Sold once: by the developer on 14 April 2025 for AED 810,880, or AED 828 per sqft.
  • Rented since December 2020 on 6 Ejari contracts, from AED 43,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2025 price is 9.3%.
  • 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 4 December 2025.

Questions about 204, Ikarus Building

What did unit 204 last sell for?

AED 810,880 on 14 April 2025, sold by the developer: AED 828 per sqft for 979 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 75,000 a year on the contract signed on 4 December 2025. The previous contract, from January 2025, was AED 55,435; the unit has been rented since December 2020.

How big is unit 204?

979 sqft (91.0 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower.

What is unit 204 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 204, Ikarus Building

Starts from the last sale price (AED 811K, 14 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 810,880
Deposit, UAE resident (20%)
AED 162,176
Deposit, non-resident (40%)
AED 324,352
Monthly over 25 years at 3.7%
AED 3,318

Plus AED 39,067 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →