985 sqftIkarus Building, Dubai Production City (IMPZ) · 7th floor

703, Ikarus Building

Sold prices and rental history: sold once, by the developer in September 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 29 September 2025
Last soldAED 950K29 September 2025
Current rentAED 54K /yr16 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Ikarus Building

What is 703 worth today?

Last sold for AED 950,000 in 2025

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29 Sep 2025Sold by developerReady
AED 950,000AED 964 per sqft
16 Aug 2025RentedRenewal
AED 53,900/yr2 months · AED 55 per sqft
16 Aug 2024RentedRenewal
AED 53,900/yr12 months · AED 55 per sqft
16 Aug 2023RentedRenewal
AED 49,000/yr12 months · AED 50 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 September 2025.

Key facts

Type
Apartment
Size
985 sqft
Floor
7th of 14
Parking
B1-6
Last sold
AED 950K · September 2025

About 703, Ikarus Building

703 is an apartment of 985 sqft on the 7th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 29 September 2025 for AED 950,000, or AED 964 per sqft.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 16 August 2025, is AED 53,900 a year: a gross yield of 5.7% on the 2025 price.

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 7th floor

All 128 units in Ikarus Building
Value
7011-bedAED 513K · May 2025
7021-bedAED 513K · Apr 2025
7042-bedAED 823K · Jan 2025
7051-bedAED 697K · Jan 2026
7061-bedNo registered sale
7071-bedAED 680K · Jan 2026
7082-bedAED 849K · Mar 2025
1–7 of 9

703, Ikarus Building in numbers

  • Sold once: by the developer on 29 September 2025 for AED 950,000, or AED 964 per sqft.
  • Rented since August 2023 on 3 Ejari contracts, from AED 49,000 to AED 53,900 a year.
  • At AED 53,900 a year the gross yield on the 2025 price is 5.7%.

Source: YallaValue analysis of Dubai Land Department records. Updated 29 September 2025.

Questions about 703, Ikarus Building

What did unit 703 last sell for?

AED 950,000 on 29 September 2025, sold by the developer: AED 964 per sqft for 985 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 53,900 a year on the contract renewed on 16 August 2025. The previous contract, from August 2024, was AED 53,900; the unit has been rented since August 2023.

How big is unit 703?

985 sqft (91.5 sqm): an apartment on the 7th floor of a 14-storey tower.

What is unit 703 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 703, Ikarus Building

Starts from the last sale price (AED 950K, 29 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →