505, Ikarus Building
Sold prices and rental history: sold twice, last in October 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Ikarus Building
What is 505 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2025.
Key facts
- Type
- Apartment
- Size
- 779 sqft
- Floor
- 5th of 14
- Parking
- B2-45
- Last sold
- AED 710K · October 2025
- Building
- Ikarus Building
About 505, Ikarus Building
505 is an apartment of 779 sqft on the 5th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). It last sold on 15 October 2025 for AED 710,000, or AED 911 per sqft.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 19 April 2024, is AED 36,800 a year: a gross yield of 5.2% on the 2025 price.
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 | |
| 502 | 1-bed | 592 sqft | AED 460KAED 460,238 · Jun 2025June 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 | |
| 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 |
505, Ikarus Building in numbers
- Sold twice: first on 28 July 2025 for AED 622,888, last on 15 October 2025 for AED 710,000 (AED 911 per sqft).
- Rented since December 2019 on 5 Ejari contracts. The rent fell from AED 42,000 to AED 27,000 in 2021 and recovered to AED 36,800 by April 2024.
- At AED 36,800 a year the gross yield on the 2025 price is 5.2%.
Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2025.
Questions about 505, Ikarus Building
What did unit 505 last sell for?
AED 710,000 on 15 October 2025: AED 911 per sqft for 779 sqft. The unit has 2 registered sales; the first was AED 622,888 in July 2025.
What is the rent for unit 505?
AED 36,800 a year on the contract renewed on 19 April 2024. The previous contract, from April 2023, was AED 32,000; the unit has been rented since December 2019.
How big is unit 505?
779 sqft (72.4 sqm): an apartment on the 5th floor of a 14-storey tower.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 505, Ikarus Building
Starts from the last sale price (AED 710K, 15 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 710,000
- Deposit, UAE resident (20%)
- AED 142,000
- Deposit, non-resident (40%)
- AED 284,000
- Monthly over 25 years at 3.7%
- AED 2,905
Plus AED 34,830 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →