407, Ikarus Building
Sold prices and rental history: sold once, by the developer in May 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Ikarus Building
What is 407 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 3 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 778 sqft
- Floor
- 4th of 14
- Parking
- B2-37
- Last sold
- AED 610K · May 2025
- Building
- Ikarus Building
About 407, Ikarus Building
407 is a one-bedroom apartment of 778 sqft on the 4th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 1 May 2025 for AED 610,000, or AED 783 per sqft, in line with the AED 800 one-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 3 December 2025, is AED 62,000 a year: a gross yield of 10.2% on the 2025 price.
Sales and rents for 407 over time
407 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 407 sits
All 60 1-beds →407 last sold in May 2025 at AED 783 per sqft, in line with what one-beds in Ikarus Building were fetching at the time (AED 800). 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. 407's AED 62,000 is in the upper half 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 | ||
| 11 Feb 202611 February 2026 | 762 sqft | 663,000 | 870 | ||
| 28 Jan 202628 January 2026 | 765 sqft | 710,000 | 928 | ||
| 23 Jan 202623 January 2026 | 778 sqft | 680,000 | 873 |
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 | |
| 406 | 1-bed | 762 sqft | AED 663KAED 663,000 · Feb 2026February 2026 | 39,100 /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 |
407, Ikarus Building in numbers
- Sold once: by the developer on 1 May 2025 for AED 610,000, or AED 783 per sqft.
- Rented since November 2020 on 6 Ejari contracts, from AED 30,000 to AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2025 price is 10.2%.
- 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 3 December 2025.
Questions about 407, Ikarus Building
What did unit 407 last sell for?
AED 610,000 on 1 May 2025, sold by the developer: AED 783 per sqft for 778 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 62,000 a year on the contract signed on 3 December 2025. The previous contract, from January 2025, was AED 38,670; the unit has been rented since November 2020.
How big is unit 407?
778 sqft (72.3 sqm): a one-bedroom apartment on the 4th floor of a 14-storey tower.
What is unit 407 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 407, Ikarus Building
Starts from the last sale price (AED 610K, 1 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 610,000
- Deposit, UAE resident (20%)
- AED 122,000
- Deposit, non-resident (40%)
- AED 244,000
- Monthly over 25 years at 3.7%
- AED 2,496
Plus AED 30,630 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →