506, Ikarus Building
Sold prices and rental history: sold once, by the developer in January 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 506, Ikarus Building
What is 506 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 26 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 762 sqft
- Floor
- 5th of 14
- Parking
- B2-47
- Last sold
- AED 591K · January 2025
- Building
- Ikarus Building
About 506, Ikarus Building
506 is a one-bedroom apartment of 762 sqft on the 5th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 30 January 2025 for AED 590,888, or AED 775 per sqft, in line with the AED 775 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 26 December 2025, is AED 60,000 a year: a gross yield of 10.2% on the 2025 price.
Sales and rents for 506 over time
506 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 506 sits
All 60 1-beds →506 last sold in January 2025 at AED 775 per sqft, in line with what one-beds in Ikarus Building were fetching at the time (AED 775). 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. 506's AED 60,000 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 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 | |
| 505 | 779 sqft | AED 710KAED 710,000 · Oct 2025October 2025 | 36,800 /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 |
506, Ikarus Building in numbers
- Sold once: by the developer on 30 January 2025 for AED 590,888, or AED 775 per sqft.
- Rented since December 2020 on 5 Ejari contracts, from AED 27,000 to AED 60,000 a year.
- At AED 60,000 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 26 December 2025.
Questions about 506, Ikarus Building
What did unit 506 last sell for?
AED 590,888 on 30 January 2025, sold by the developer: AED 775 per sqft for 762 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 60,000 a year on the contract signed on 26 December 2025. The previous contract, from January 2025, was AED 37,685; the unit has been rented since December 2020.
How big is unit 506?
762 sqft (70.8 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower.
What is unit 506 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 506, Ikarus Building
Starts from the last sale price (AED 591K, 30 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 590,888
- Deposit, UAE resident (20%)
- AED 118,178
- Deposit, non-resident (40%)
- AED 236,355
- Monthly over 25 years at 3.7%
- AED 2,418
Plus AED 29,828 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →