PropertyIndex

Ikarus Tower

In Progress · Date not reported

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Ikarus Tower is an in-progress apartment development in International Media Production Zone, Me'Aisem First. 130 sales are registered with the Dubai Land Department, at a current PIX© price of AED 943 per sqft. At AED 943 per sqft, Ikarus Tower prices 26% below the International Media Production Zone average of AED 1,281 per sqft on registered sales.

PIX© price · 10.8% YoY
848KAED
Typical
943AED
PSF
Gross yield
7.6%
PIX© rent ÷ PIX© price
Sale records
130
DLD · all time
Rent contracts
729
Ejari · all time
Ikarus Tower

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypePIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
848K94310.8%64K7.6%
Residential
1 Bed · Apartment
583 – 1,414 sqft
2 Bed · Apartment
974 – 2,471 sqft
Commercial
Shop
1,556 sqft
Sales — Project-Wide130 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Floor Analysis
last 24 months
Median PSF · 129 sales
Floors 1-4 · 39 sales
Floors 5-14 · 90 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
22 Jun 20262 BedFloor 99851,050,0001,066StandardStandard Sale
20 May 20261 BedFloor 3778676,888870Entry LevelStandard Sale
20 Apr 20261 BedFloor 2779693,888891StandardStandard Sale
Rentals — Project-Wide729 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 164 rentals
Floors 1-7 · 90 rentals
Floors 8-14 · 74 rentals
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
28 Jul 2026Floor 559252,50089+5.0%Entry Levelrenewal
28 Jul 2026Floor 559252,500890.0%Entry Levelnew
8 Jul 2026Floor 1258950,00085-12.3%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in International Media Production Zone

The closest-priced registered projects in International Media Production Zone.

Common questions about Ikarus Tower

Answered from Dubai Land Department registered transactions.

How much does a property in Ikarus Tower cost?

Property in Ikarus Tower sells at a current PIX© price of AED 943 per sqft, or about AED 848,312 for a typical unit, based on 130 sales registered with the Dubai Land Department.

When is Ikarus Tower handing over?

Ikarus Tower is under construction.

What is the rental yield in Ikarus Tower?

Ikarus Tower yields 7.6% gross, calculated from current PIX© rent against current PIX© sale price, across 729 registered Ejari contracts.

Have prices in Ikarus Tower gone up or down?

Price per sqft has risen +10.8% over the last 12 months, to AED 943, across 130 registered sales.