705, Ikarus Building
Sold prices and rental history: sold once, by the developer in January 2026, 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 705, Ikarus Building
What is 705 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 779 sqft
- Floor
- 7th of 14
- Parking
- B1-8
- Last sold
- AED 697K · January 2026
- Building
- Ikarus Building
About 705, Ikarus Building
705 is a one-bedroom apartment of 779 sqft on the 7th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 20 January 2026 for AED 696,888, or AED 894 per sqft, 8% above the AED 825 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 39,930 a year: a gross yield of 5.7% on the 2026 price.
Sales and rents for 705 over time
705 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 705 sits
All 60 1-beds →705 last sold in January 2026 at AED 894 per sqft, 8% above what one-beds in Ikarus Building were fetching at the time (AED 825). 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. 705's AED 39,930 is at the bottom 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 7th floor
All 128 units in Ikarus Building| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 589 sqft | AED 513KAED 512,888 · May 2025May 2025 | 60,000 /yr | |
| 702 | 1-bed | 592 sqft | AED 513KAED 512,888 · Apr 2025April 2025 | 52,000 /yr | |
| 703 | 985 sqft | AED 950KAED 950,000 · Sep 2025September 2025 | 53,900 /yr | ||
| 704 | 2-bed | 996 sqft | AED 823KAED 822,888 · Jan 2025January 2025 | 76,000 /yr | |
| 706 | 1-bed | 762 sqft | No registered sale | 37,950 /yr | |
| 707 | 1-bed | 778 sqft | AED 680KAED 680,000 · Jan 2026January 2026 | 38,720 /yr | |
| 708 | 2-bed | 1,025 sqft | AED 849KAED 848,888 · Mar 2025March 2025 | 54,450 /yr | |
| 709 | 2-bed | 1,025 sqft | AED 849KAED 848,888 · Apr 2025April 2025 | 80,000 /yr | |
| 710 | 1-bed | 586 sqft | AED 508KAED 507,888 · May 2025May 2025 | 53,000 /yr |
705, Ikarus Building in numbers
- Sold once: by the developer on 20 January 2026 for AED 696,888, or AED 894 per sqft.
- Rented since August 2020 on 4 Ejari contracts, from AED 31,000 to AED 39,930 a year.
- At AED 39,930 a year the gross yield on the 2026 price is 5.7%.
- 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 20 January 2026.
Questions about 705, Ikarus Building
What did unit 705 last sell for?
AED 696,888 on 20 January 2026, sold by the developer: AED 894 per sqft for 779 sqft. It is the only registered sale of the unit.
What is the rent for unit 705?
AED 39,930 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 36,300; the unit has been rented since August 2020.
How big is unit 705?
779 sqft (72.4 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower.
What is unit 705 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 705, Ikarus Building
Starts from the last sale price (AED 697K, 20 January 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 696,888
- Deposit, UAE resident (20%)
- AED 139,378
- Deposit, non-resident (40%)
- AED 278,755
- Monthly over 25 years at 3.7%
- AED 2,851
Plus AED 34,280 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →