709, Ikarus Building
Sold prices and rental history: sold once, by the developer in April 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 709, Ikarus Building
What is 709 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,025 sqft
- Floor
- 7th of 14
- Parking
- B1-12
- Last sold
- AED 849K · April 2025
- Building
- Ikarus Building
About 709, Ikarus Building
709 is a two-bedroom apartment of 1,025 sqft on the 7th floor of Ikarus Building, a 14-storey tower in Dubai Production City (IMPZ). The developer sold it on 10 April 2025 for AED 848,888, or AED 828 per sqft, in line with the AED 818 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 15 January 2026, is AED 80,000 a year: a gross yield of 9.4% on the 2025 price.
Sales and rents for 709 over time
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Ikarus Building, and where 709 sits
All 49 2-beds →709 last sold in April 2025 at AED 828 per sqft, in line with what two-beds in Ikarus Building were fetching at the time (AED 818). Over the last 12 months two-beds sold for AED 900,000 to 1,320,000, around AED 793 per sqft, and rent for AED 68,700 to 100,000 a year. 709's AED 80,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Jan 202620 January 2026 | 1,859 sqft | 1,320,000 | 710 | ||
| 12 Jan 202612 January 2026 | 1,026 sqft | 900,000 | 876 | ||
| 3 Jul 20253 July 2025 | 1,027 sqft | 860,888 | 838 | ||
| 3 Jul 20253 July 2025 | 1,027 sqft | 861,888 | 839 |
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 | |
| 705 | 1-bed | 779 sqft | AED 697KAED 696,888 · Jan 2026January 2026 | 39,930 /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 | |
| 710 | 1-bed | 586 sqft | AED 508KAED 507,888 · May 2025May 2025 | 53,000 /yr |
709, Ikarus Building in numbers
- Sold once: by the developer on 10 April 2025 for AED 848,888, or AED 828 per sqft.
- Rented since June 2020 on 7 Ejari contracts, from AED 45,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2025 price is 9.4%.
- Two-beds in Ikarus Building sold for AED 900,000–1,320,000 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 15 January 2026.
Questions about 709, Ikarus Building
What did unit 709 last sell for?
AED 848,888 on 10 April 2025, sold by the developer: AED 828 per sqft for 1,025 sqft. It is the only registered sale of the unit.
What is the rent for unit 709?
AED 80,000 a year on the contract signed on 15 January 2026. The previous contract, from June 2025, was AED 61,714; the unit has been rented since June 2020.
How big is unit 709?
1,025 sqft (95.2 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower.
What is unit 709 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ikarus Building sold for AED 900,000 to 1,320,000 in the last 12 months, around AED 793 per sqft.
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Mortgage on 709, Ikarus Building
Starts from the last sale price (AED 849K, 10 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 848,888
- Deposit, UAE resident (20%)
- AED 169,778
- Deposit, non-resident (40%)
- AED 339,555
- Monthly over 25 years at 3.7%
- AED 3,473
Plus AED 40,664 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →