AED 629,000

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.