406, Ikarus Building
Sold prices and rental history: sold once, by the developer in February 2026, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Ikarus Building
What is 406 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 11 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 762 sqft
- Floor
- 4th of 14
- Parking
- B2-36
- Last sold
- AED 663K · February 2026
- Building
- Ikarus Building
About 406, Ikarus Building
406 is a one-bedroom apartment of 762 sqft on the 4th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 11 February 2026 for AED 663,000, or AED 870 per sqft, 5% above the AED 830 one-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 12 June 2024, is AED 39,100 a year: a gross yield of 5.9% on the 2026 price.
Sales and rents for 406 over time
406 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Ikarus Building, and where 406 sits
All 60 1-beds →406 last sold in February 2026 at AED 870 per sqft, 5% above what one-beds in Ikarus Building were fetching at the time (AED 830). Over the last 12 months one-beds sold for AED 540,000 to 750,888, around AED 928 per sqft, and rent for AED 46,000 to 65,000 a year. 406's AED 39,100 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 762 sqft | 660,888 | 867 | ||
| 28 Jan 202628 January 2026 | 765 sqft | 710,000 | 928 | ||
| 23 Jan 202623 January 2026 | 778 sqft | 680,000 | 873 | ||
| 21 Jan 202621 January 2026 | 777 sqft | 690,000 | 888 |
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 4th floor
All 128 units in Ikarus Building| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 589 sqft | AED 457KAED 457,043 · Feb 2025February 2025 | 42,000 /yr | |
| 402 | 1-bed | 592 sqft | AED 475KAED 474,888 · Jan 2025January 2025 | 51,000 /yr | |
| 403 | 2-bed | 974 sqft | AED 812KAED 811,888 · Feb 2025February 2025 | 55,489 /yr | |
| 404 | 2-bed | 980 sqft | AED 804KAED 803,788 · Apr 2025April 2025 | 53,900 /yr | |
| 405 | 1-bed | 779 sqft | AED 649KAED 648,888 · Apr 2025April 2025 | 55,000 /yr | |
| 407 | 1-bed | 778 sqft | AED 610KAED 610,000 · May 2025May 2025 | 62,000 /yr | |
| 408 | 2-bed | 1,028 sqft | AED 831KAED 830,888 · Mar 2025March 2025 | 74,792 /yr | |
| 409 | 2-bed | 1,027 sqft | AED 862KAED 861,888 · Jul 2025July 2025 | 52,800 /yr | |
| 410 | 1-bed | 586 sqft | AED 600KAED 600,000 · Jan 2026January 2026 | 37,959 /yr |
406, Ikarus Building in numbers
- Sold once: by the developer on 11 February 2026 for AED 663,000, or AED 870 per sqft.
- Rented since December 2020 on 3 Ejari contracts, from AED 27,000 to AED 39,100 a year.
- At AED 39,100 a year the gross yield on the 2026 price is 5.9%.
- One-beds in Ikarus Building sold for AED 540,000–750,888 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 11 February 2026.
Questions about 406, Ikarus Building
What did unit 406 last sell for?
AED 663,000 on 11 February 2026, sold by the developer: AED 870 per sqft for 762 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 39,100 a year on the contract renewed on 12 June 2024. The previous contract, from June 2023, was AED 34,000; the unit has been rented since December 2020.
How big is unit 406?
762 sqft (70.8 sqm): a one-bedroom apartment on the 4th floor of a 14-storey tower.
What is unit 406 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ikarus Building sold for AED 540,000 to 750,888 in the last 12 months, around AED 928 per sqft.
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Mortgage on 406, Ikarus Building
Starts from the last sale price (AED 663K, 11 February 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 663,000
- Deposit, UAE resident (20%)
- AED 132,600
- Deposit, non-resident (40%)
- AED 265,200
- Monthly over 25 years at 3.7%
- AED 2,713
Plus AED 32,856 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →