309, Ikarus Building
Sold prices and rental history: sold once, by the developer in July 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, Ikarus Building
What is 309 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,027 sqft
- Floor
- 3rd of 14
- Parking
- B2-29
- Last sold
- AED 861K · July 2025
- Building
- Ikarus Building
About 309, Ikarus Building
309 is a two-bedroom apartment of 1,027 sqft on the 3rd floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 3 July 2025 for AED 860,888, or AED 838 per sqft, in line with the AED 819 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 20 August 2025, is AED 72,000 a year: a gross yield of 8.4% on the 2025 price.
Sales and rents for 309 over time
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 309 sits
All 49 2-beds →309 last sold in July 2025 at AED 838 per sqft, in line with what two-beds in Ikarus Building were fetching at the time (AED 819). 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. 309's AED 72,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Jan 202620 January 2026 | 1,859 sqft | 1,320,000 | 710 | ||
| 12 Jan 202612 January 2026 | 1,026 sqft | 900,000 | 876 | ||
| 3 Jul 20253 July 2025 | 1,027 sqft | 861,888 | 839 | ||
| 2 Jun 20252 June 2025 | 1,026 sqft | 824,888 | 803 |
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 3rd floor
All 128 units in Ikarus Building| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 589 sqft | AED 458KAED 457,888 · Apr 2025April 2025 | 50,000 /yr | |
| 302 | 1-bed | 592 sqft | AED 481KAED 480,888 · Mar 2025March 2025 | 55,000 /yr | |
| 303 | 2-bed | 974 sqft | AED 824KAED 824,488 · Mar 2025March 2025 | 55,562 /yr | |
| 304 | 2-bed | 980 sqft | AED 805KAED 804,588 · Mar 2025March 2025 | 77,000 /yr | |
| 305 | 779 sqft | AED 678KAED 677,888 · Sep 2025September 2025 | 41,786 /yr | ||
| 306 | 1-bed | 762 sqft | AED 615KAED 614,888 · Feb 2025February 2025 | 35,114 /yr | |
| 307 | 1-bed | 778 sqft | No registered sale | 38,500 /yr | |
| 308 | 2-bed | 1,028 sqft | AED 816KAED 815,888 · Apr 2025April 2025 | 51,750 /yr | |
| 310 | 1-bed | 586 sqft | AED 450KAED 450,088 · Mar 2025March 2025 | 46,000 /yr |
309, Ikarus Building in numbers
- Sold once: by the developer on 3 July 2025 for AED 860,888, or AED 838 per sqft.
- Rented since October 2022 on 4 Ejari contracts, from AED 42,000 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2025 price is 8.4%.
- 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 20 August 2025.
Questions about 309, Ikarus Building
What did unit 309 last sell for?
AED 860,888 on 3 July 2025, sold by the developer: AED 838 per sqft for 1,027 sqft. It is the only registered sale of the unit.
What is the rent for unit 309?
AED 72,000 a year on the contract signed on 20 August 2025. The previous contract, from October 2024, was AED 55,200; the unit has been rented since October 2022.
How big is unit 309?
1,027 sqft (95.4 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower.
What is unit 309 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 309, Ikarus Building
Starts from the last sale price (AED 861K, 3 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 860,888
- Deposit, UAE resident (20%)
- AED 172,178
- Deposit, non-resident (40%)
- AED 344,355
- Monthly over 25 years at 3.7%
- AED 3,522
Plus AED 41,168 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →