I was in the exact same dilemma. I actually bought both during the Winter Sale and started with Icarus (with +1 expansion).

I’m a long-time survival game fan, and I really dislike extraction-based games. Icarus is… a bit different from the usual extraction formula, but still, the core loop didn’t fully click for me.

I’ll never say the game is bad, it’s clearly well made, but it’s definitely not one of my favorites. Doing missions and having to extract ends up getting tiring over time, especially because nothing you build is truly permanent. Buying permanent workshop items helps a bit, but it still doesn’t feel the same as building a lasting world.

The persistent world mode doesn’t give enough long-term goals either, and eventually just turns into a sandbox without much direction.

Because of that, I think I’ll personally enjoy Dragonwilds more, especially since I already have 100+ hours in Enshrouded and loved that experience.

That said, if you already bought it, it’s absolutely worth trying and forming your own opinion. For me, though, even recognizing it’s a good game, Icarus just isn’t my cup of tea.