Ikarus Tower 1BR Apartment in Dubai Production City — High-Demand Rental Location

A well-positioned one-bedroom apartment in Ikarus Tower, Dubai Production City, this unit appeals to investors seeking an income-generating asset in one of Dubai’s established mid-market communities

The property is currently tenanted, offering immediate rental income from day one.

Unit Features

– One-bedroom apartment
– 589 ft² / 55 m²
– Currently rented
– Dubai Production City

Complex Amenities

– Swimming pool
– Gymnasium
– Covered parking
– Lobby reception

Architecture & Concept

Ikarus Tower is a residential mid-rise building situated within the International Media Production Zone. The development offers a functional layout designed for working professionals and small families. Clean architectural lines and practical floor plans define the building’s character.

About the Developer

Ikarus Tower was developed as part of the broader IMPZ master plan, a free-zone community initiative overseen by TECOM Group, a well-regarded name in Dubai’s planned district developments.

Location & Benefits

– Dubai Production City, IMPZ
– Approximately 20 minutes to Dubai Marina
– Approximately 25 minutes to Downtown Dubai
– Close to City Centre Me’aisem mall
– Access to Sheikh Mohammed Bin Zayed Road
– Established community with schools, clinics, and retail nearby

Investment Appeal

– Tenanted unit provides immediate rental return
– Strong rental demand from media and free-zone professionals
– Mid-market price point attracts a wide buyer pool
– Dubai Production City shows steady capital value retention
– Competitive entry price relative to comparable Dubai mid-market stock
– Low vacancy rates historically recorded in IMPZ towers

Frequently Asked Questions

Q: Is the unit currently generating rental income?
A: Yes, the apartment is rented, meaning a buyer receives income from the transfer date onward.

Q: What type of tenant typically rents in Ikarus Tower?
A: The community attracts professionals working in the surrounding free zones, media companies, and nearby business parks.

Q: Is Dubai Production City a freehold area?
A: Yes, properties in Dubai Production City are available for freehold ownership to all nationalities.

To find out more or to arrange a viewing, please submit your enquiry using the form on this page.