1-bed · 779 sqftIkarus Building, Dubai Production City (IMPZ) · 6th floor

605, Ikarus Building

Sold prices and rental history: sold once, by the developer in February 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 17 February 2025
Last soldAED 610K17 February 2025
Current rentAED 39K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Ikarus Building

What is 605 worth today?

Last sold for AED 609,888 in 2025

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17 Feb 2025Sold by developerReady
AED 609,888AED 783 per sqft
1 Nov 2024RentedRenewal
AED 38,500/yr12 months · AED 49 per sqft
1 Nov 2023RentedRenewal
AED 35,000/yr12 months · AED 45 per sqft
1 Nov 2022RentedRenewal
AED 32,000/yr12 months · AED 41 per sqft
1 Nov 2021RentedRenewal
AED 30,000/yr12 months · AED 39 per sqft
1 Sep 2020RentedNew contract
AED 30,000/yr14 months · AED 39 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 February 2025.

Key facts

Type
1-bed apartment
Size
779 sqft
Floor
6th of 14
Parking
B2-57
Last sold
AED 610K · February 2025

About 605, Ikarus Building

605 is a one-bedroom apartment of 779 sqft on the 6th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 17 February 2025 for AED 609,888, or AED 783 per sqft, in line with the AED 776 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 38,500 a year: a gross yield of 6.3% on the 2025 price.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical one-bed in Ikarus Building
600K2024202520262027Typical sale price by year: 2024 AED 454,888; 2025 AED 521,444; 2026 AED 685,000Sold by developer, February 2025: AED 609,888 (AED 783 per sqft)

605 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 605, each contractTypical one-bed in Ikarus Building
40K60K20192021202320252027Typical rent by year: 2019 AED 42,000; 2020 AED 27,000; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 33,000; 2024 AED 37,778; 2025 AED 50,000; 2026 AED 60,000New contract, September 2020: AED 30,000 a yearRenewal, November 2021: AED 30,000 a yearRenewal, November 2022: AED 32,000 a yearRenewal, November 2023: AED 35,000 a yearRenewal, November 2024: AED 38,500 a year

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 605 sits

All 60 1-beds →

605 last sold in February 2025 at AED 783 per sqft, in line with what one-beds in Ikarus Building were fetching at the time (AED 776). 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. 605's AED 38,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 2026660,888
11 Feb 2026663,000
28 Jan 2026710,000
23 Jan 2026680,000
13 1-bed sales in the last 12 months

Ikarus Building

Building

128 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%
Ikarus Building, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 6th floor

All 128 units in Ikarus Building
Value
6011-bedAED 530K · Jun 2025
6021-bedAED 500K · Mar 2025
6032-bedAED 806K · Dec 2024
6042-bedAED 810K · Jan 2025
6061-bedAED 661K · Feb 2026
6071-bedAED 641K · Apr 2025
6082-bedAED 804K · Mar 2025
1–7 of 9

605, Ikarus Building in numbers

  • Sold once: by the developer on 17 February 2025 for AED 609,888, or AED 783 per sqft.
  • Rented since September 2020 on 5 Ejari contracts, from AED 30,000 to AED 38,500 a year.
  • At AED 38,500 a year the gross yield on the 2025 price is 6.3%.
  • 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 17 February 2025.

Questions about 605, Ikarus Building

What did unit 605 last sell for?

AED 609,888 on 17 February 2025, sold by the developer: AED 783 per sqft for 779 sqft. It is the only registered sale of the unit.

What is the rent for unit 605?

AED 38,500 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 35,000; the unit has been rented since September 2020.

How big is unit 605?

779 sqft (72.4 sqm): a one-bedroom apartment on the 6th floor of a 14-storey tower.

What is unit 605 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 605, Ikarus Building

Starts from the last sale price (AED 610K, 17 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 609,888
Deposit, UAE resident (20%)
AED 121,978
Deposit, non-resident (40%)
AED 243,955
Monthly over 25 years at 3.7%
AED 2,495

Plus AED 30,626 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →