502, Ikarus Building
Sold prices and rental history: sold once, by the developer in June 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 502, Ikarus Building
What is 502 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 28 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 592 sqft
- Floor
- 5th of 14
- Parking
- B2-42
- Last sold
- AED 460K · June 2025
- Building
- Ikarus Building
About 502, Ikarus Building
502 is a one-bedroom apartment of 592 sqft on the 5th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 30 June 2025 for AED 460,238, or AED 776 per sqft, 3% below the AED 801 one-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 28 July 2025, is AED 50,000 a year: a gross yield of 10.9% on the 2025 price.
Sales and rents for 502 over time
502 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 502 sits
All 60 1-beds →502 last sold in June 2025 at AED 776 per sqft, 3% below what one-beds in Ikarus Building were fetching at the time (AED 801). 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. 502's AED 50,000 is in the lower 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 5th floor
All 128 units in Ikarus Building| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 589 sqft | AED 457KAED 456,888 · Jan 2025January 2025 | 50,000 /yr | |
| 503 | 2-bed | 974 sqft | AED 814KAED 814,488 · Feb 2025February 2025 | 52,904 /yr | |
| 504 | 2-bed | 983 sqft | AED 804KAED 803,888 · Jan 2025January 2025 | 80,000 /yr | |
| 505 | 779 sqft | AED 710KAED 710,000 · Oct 2025October 2025 | 36,800 /yr | ||
| 506 | 1-bed | 762 sqft | AED 591KAED 590,888 · Jan 2025January 2025 | 60,000 /yr | |
| 507 | 1-bed | 778 sqft | AED 700KAED 700,000 · Jul 2025July 2025 | 35,200 /yr | |
| 508 | 2-bed | 1,028 sqft | AED 825KAED 824,888 · Mar 2025March 2025 | 59,400 /yr | |
| 509 | 2-bed | 1,026 sqft | AED 825KAED 824,888 · Jun 2025June 2025 | 54,801 /yr | |
| 510 | 1-bed | 586 sqft | AED 462KAED 461,888 · May 2025May 2025 | 60,000 /yr |
502, Ikarus Building in numbers
- Sold once: by the developer on 30 June 2025 for AED 460,238, or AED 776 per sqft.
- Rented since December 2020 on 5 Ejari contracts, from AED 24,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2025 price is 10.9%.
- 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 28 July 2025.
Questions about 502, Ikarus Building
What did unit 502 last sell for?
AED 460,238 on 30 June 2025, sold by the developer: AED 776 per sqft for 592 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 50,000 a year on the contract signed on 28 July 2025. The previous contract, from February 2024, was AED 33,350; the unit has been rented since December 2020.
How big is unit 502?
592 sqft (55.0 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower.
What is unit 502 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 502, Ikarus Building
Starts from the last sale price (AED 460K, 30 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 460,238
- Deposit, UAE resident (20%)
- AED 92,048
- Deposit, non-resident (40%)
- AED 184,095
- Monthly over 25 years at 3.7%
- AED 1,883
Plus AED 22,240 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →