1-bed · 762 sqftIkarus Building, Dubai Production City (IMPZ) · 7th floor

706, Ikarus Building

Sold prices and rental history: no registered sale, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 24 April 2024
Current rentAED 38K /yr24 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Ikarus Building

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24 Apr 2024RentedRenewal
AED 37,950/yr12 months · AED 50 per sqft
24 Apr 2023RentedRenewal
AED 33,000/yr12 months · AED 43 per sqft
24 Apr 2022RentedRenewal
AED 30,000/yr12 months · AED 39 per sqft
10 Mar 2021RentedNew contract
AED 28,000/yr13 months · AED 37 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 April 2024.

Key facts

Type
1-bed apartment
Size
762 sqft
Floor
7th of 14
Parking
B1-9
Last sold
No registered sale

About 706, Ikarus Building

706 is a one-bedroom apartment of 762 sqft on the 7th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 24 April 2024, is AED 37,950 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical one-bed in Ikarus Building
600K2024202520262027Typical sale price by year: 2024 AED 454,888; 2025 AED 521,444; 2026 AED 685,000

No registered sale of 706; the dashed line is the one-bed median of each year in the building.

Rents
Unit 706, 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, March 2021: AED 28,000 a yearRenewal, April 2022: AED 30,000 a yearRenewal, April 2023: AED 33,000 a yearRenewal, April 2024: AED 37,950 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 706 sits

All 60 1-beds →

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. 706's AED 37,950 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 7th floor

All 128 units in Ikarus Building
Value
7011-bedAED 513K · May 2025
7021-bedAED 513K · Apr 2025
703AED 950K · Sep 2025
7042-bedAED 823K · Jan 2025
7051-bedAED 697K · Jan 2026
7071-bedAED 680K · Jan 2026
7082-bedAED 849K · Mar 2025
1–7 of 9

706, Ikarus Building in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since March 2021 on 4 Ejari contracts, from AED 28,000 to AED 37,950 a year.
  • 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 24 April 2024.

Questions about 706, Ikarus Building

What is the rent for unit 706?

AED 37,950 a year on the contract renewed on 24 April 2024. The previous contract, from April 2023, was AED 33,000; the unit has been rented since March 2021.

How big is unit 706?

762 sqft (70.8 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower.

What is unit 706 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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