2-bed · 1,026 sqftIkarus Building, Dubai Production City (IMPZ) · 2nd floor

209, 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.

Unit 209 · DLD and Ejari recordsUpdated 4 December 2025
Last soldAED 815K11 March 2025
Current rentAED 75K /yr4 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Ikarus Building

What is 209 worth today?

Last sold for AED 814,888 in 2025

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4 Dec 2025RentedNew contract
AED 75,000/yr12 months · AED 73 per sqft
11 Mar 2025Sold by developerReady
AED 814,888AED 793 per sqft
15 Feb 2024RentedRenewal
AED 52,800/yr12 months · AED 51 per sqft
15 Feb 2023RentedNew contract
AED 48,000/yr12 months · AED 47 per sqft
15 Jan 2022RentedRenewal
AED 39,000/yr12 months · AED 38 per sqft
1 Dec 2020RentedNew contract
AED 39,000/yr13 months · AED 38 per sqft

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

Key facts

Type
2-bed apartment
Size
1,026 sqft
Floor
2nd of 14
Parking
B2-19
Last sold
AED 815K · March 2025

About 209, Ikarus Building

209 is a two-bedroom apartment of 1,026 sqft on the 2nd floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 11 March 2025 for AED 814,888, or AED 793 per sqft, in line with the AED 817 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 4 December 2025, is AED 75,000 a year: a gross yield of 9.2% on the 2025 price.

Sales and rents for 209 over time

Rents
Unit 209, 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 39,000 a yearRenewal, January 2022: AED 39,000 a yearNew contract, February 2023: AED 48,000 a yearRenewal, February 2024: AED 52,800 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 209 sits

All 49 2-beds →

209 last sold in March 2025 at AED 793 per sqft, in line with what two-beds in Ikarus Building were fetching at the time (AED 817). 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. 209'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
2042-bedAED 811K · Apr 2025
2051-bedNo registered sale
206AED 651K · Aug 2025
2071-bedAED 612K · Mar 2025
1–7 of 9

209, Ikarus Building in numbers

  • Sold once: by the developer on 11 March 2025 for AED 814,888, or AED 793 per sqft.
  • Rented since December 2020 on 5 Ejari contracts, from AED 39,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2025 price is 9.2%.
  • 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 209, Ikarus Building

What did unit 209 last sell for?

AED 814,888 on 11 March 2025, sold by the developer: AED 793 per sqft for 1,026 sqft. It is the only registered sale of the unit.

What is the rent for unit 209?

AED 75,000 a year on the contract signed on 4 December 2025. The previous contract, from February 2024, was AED 52,800; the unit has been rented since December 2020.

How big is unit 209?

1,026 sqft (95.3 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower.

What is unit 209 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 209, Ikarus Building

Starts from the last sale price (AED 815K, 11 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 814,888
Deposit, UAE resident (20%)
AED 162,978
Deposit, non-resident (40%)
AED 325,955
Monthly over 25 years at 3.7%
AED 3,334

Plus AED 39,236 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →