Developer Deal
From
AED 2,250,000
Handover
Q1 2030
Payment Plan
50/50
Down Payment
25%
Back to Developer DealsDeveloperMeredView developer profile
Iconic Tower
Al Sufouh (II)
DeveloperMeredView developer profileDLD Waiver
—
Discount
—
Handover
Q3 2027
Post Handover
—
Payment Plan
50%
50%
5% down
About Iconic Tower
Iconic Tower by Mered, a testament to sophistication and innovation, boasts a design by the internationally renowned Pininfarina—an iconic symbol of Italian style worldwide. Pininfarina seamlessly marries its rich heritage with an inherent drive for innovation, establishing itself as Italy's leading brand for branded residences. This collaboration between Mered and Pininfarina results in residenti…
Floor Plans
Master plans
Project documents
Brochures
Payment schedule
Main
- Deposit
- 5%
- During construction
- 45%
- On handover
- 50%
Market Intelligence
Completed transactions in Iconic Tower
Median sale price/sqft
AED 3,410/sqft+66.9%
Median sale price
AED 3,778,002
Median price/sqft over time
Mar 24Range AED 3,115 – AED 3,774Dec 24
Transaction activity
LiquidityStrongPrice momentumRising
37 sales and 0 rentals in the last 12 months
Off-plan vs ready
Off-plan 100%
Primary vs resale
Primary 100%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-26 | Iconic Tower | 2 | 1,722 sqft | AED 6,500,000 | 3,774 |
| 2024-12-24 | Iconic Tower | 1 | 869 sqft | AED 3,500,000 | 4,029 |
| 2024-12-12 | Iconic Tower | 1 | 1,110 sqft | AED 3,504,495 | 3,158 |
| 2024-11-29 | Iconic Tower | 1 | 866 sqft | AED 2,300,000 | 2,656 |
| 2024-11-29 | Iconic Tower | 1 | 1,071 sqft | AED 3,400,000 | 3,174 |
| 2024-11-29 | Iconic Tower | 2 | 1,602 sqft | AED 5,300,000 | 3,309 |
Completed transactions in Dubai Internet City
Median sale price/sqft
AED 3,306/sqft+5.9%
Median sale price
AED 5,912,751
Gross rental yield
3%
Median annual rent
AED 174,535
Median price/sqft over time
Jan 24Range AED 426 – AED 3,561Dec 24
Community activity
LiquidityStrongPrice momentumRising
63 sales and 1,508 rentals in the last 12 months
Primary vs resale
Primary 81%Resale 19%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-12 | Iconic | 1 | 1,109 sqft | AED 3,504,495 | 3,160 |
| 2024-12-12 | Iconic Residence | 1 | 1,110 sqft | AED 3,504,495 | 3,158 |
| 2024-12-12 | Iconic Tower | 1 | 1,110 sqft | AED 3,504,495 | 3,158 |
| 2024-11-29 | Iconic Tower | 1 | 866 sqft | AED 2,300,000 | 2,656 |
| 2024-11-29 | Iconic Tower | 1 | 1,071 sqft | AED 3,400,000 | 3,174 |
| 2024-11-29 | Iconic Tower | 2 | 1,602 sqft | AED 5,300,000 | 3,309 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for Iconic Tower
Our team will send you the complete payment schedule, floor plans and current offer from Mered.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about Iconic Tower
- What is the handover date for Iconic Tower?
- Iconic Tower is scheduled for handover in Q3 2027.
- What is the starting price of Iconic Tower?
- Prices start from AED 3,445,095. Contact our team for current availability.
- Who is the developer of Iconic Tower?
- Iconic Tower is being developed by Mered.
- Where is Iconic Tower located?
- Iconic Tower is located in Al Sufouh (II).