Developer Deal
From
AED 3,445,095
Handover
Q3 2027
Payment Plan
50/50
Down Payment
5%
Back to Developer DealsDeveloperMeredView developer profile
Iconic
Dubai Internet City, Dubai, UAE
DeveloperMeredView developer profileDLD Waiver
—
Discount
—
Handover
Q1 2030
Post Handover
—
Payment Plan
50%
50%
25% down
About Iconic
This mixed-use development comprises luxury residential apartments with contemporary architecture and state-of-the-art amenities, catering to those seeking a dynamic lifestyle. The apartments in Mered Iconic Tower offer breathtaking views, encapsulating the essence of modern living in a professional hub. The Mered Iconic Tower residents have access to extensive amenities, including a tennis court,…
Project documents
Brochures
Not available yet
Floor plans
Not available yet
Master plans
Not available yet
Payment schedule
25/25/50 Payment Plan
- Deposit
- 25%
- During construction
- 25%
- On handover
- 50%
- Post-handover
- 0%
Market Intelligence
Completed transactions in Iconic
Median sale price/sqft
AED 3,775/sqft
Median sale price
AED 3,504,495
Transaction activity
LiquidityLimited
3 sales and 0 rentals in the last 12 months
Primary vs resale
Primary 100%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-26 | Iconic | 2 | 1,722 sqft | AED 6,500,000 | 3,775 |
| 2024-12-24 | Iconic | 1 | 868 sqft | AED 3,500,000 | 4,032 |
| 2024-12-12 | Iconic | 1 | 1,109 sqft | AED 3,504,495 | 3,160 |
Completed transactions in Dubai Internet City
Median sale price/sqft
AED 3,357/sqft+7.5%
Median sale price
AED 6,468,063
Gross rental yield
2.7%
Median annual rent
AED 176,400
Median price/sqft over time
Jan 24Range AED 426 – AED 3,757Dec 24
Community activity
LiquidityStrongPrice momentumRising
76 sales and 1,475 rentals in the last 12 months
Primary vs resale
Primary 81.6%Resale 18.4%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-27 | The S Tower | 4 | 4,815 sqft | AED 18,000,000 | 3,738 |
| 2024-12-27 | The S Tower | 4 | 4,814 sqft | AED 18,000,000 | 3,739 |
| 2024-12-26 | Iconic Residence | 2 | 1,722 sqft | AED 6,500,000 | 3,774 |
| 2024-12-26 | Iconic Tower | 2 | 1,722 sqft | AED 6,500,000 | 3,774 |
| 2024-12-26 | Iconic | 2 | 1,722 sqft | AED 6,500,000 | 3,775 |
| 2024-12-24 | Iconic Residence | 1 | 869 sqft | AED 3,500,000 | 4,029 |
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
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
- What is the handover date for Iconic?
- Iconic is scheduled for handover in Q1 2030.
- What is the starting price of Iconic?
- Prices start from AED 2,250,000. Contact our team for current availability.
- Who is the developer of Iconic?
- Iconic is being developed by Mered.
- Where is Iconic located?
- Iconic is located in Dubai Internet City, Dubai, UAE.