- From
- AED 3.4M
- ≈ $926K
- Handover
- Q1 2028
- Homes
- 1 bed to 4 bed
- 861 – 2,791 sqft
Price per sqft vs registered sales
AED 3,498/sqft (est.)
The DLD median for Dubai Internet City is not loaded yet; the gap appears as soon as it is.
Estimated from the starting price and the smallest unit; the developer has not stated a figure.
Not yet assessed
3 of 7 factors · 50% of the weight · 24 Sep 202650% of the weight is assessed; a score appears once 60% is. The factors below show what is still missing. Our opinion, not investment advice.
- Price against what buyers actually paidNot assessed · weight 25
- Developer track recordAssessed · weight 20
- Payment planAssessed · weight 15
- Location and infrastructureAssessed · weight 15
- How easy it is to sell laterNot assessed · weight 10
- Construction on scheduleNot assessed · weight 10
- The basics on fileNot assessed · weight 5
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
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- Projects covered
- 1,540
- projects covered
- Factors
- 7
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q1 2028
Under construction
What this means
Iconic Residences is due to hand over in Q1 2028. The project is under construction. Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.
Payment plan
0/50/50
- During construction
- 50%
- On handover
- 50%
What you’d pay and when
On the starting price of AED 3,400,000, as the plan splits it.
- 50% during construction, until handover (Q1 2028)AED 1,700,000≈ $463K
- 50% on handover (Q1 2028)AED 1,700,000≈ $463K
A unit’s own price, its instalment dates and any fees are in the developer’s sales agreement; confirm them there before paying anything.
Unit types
from AED 3.4M1 bed
861 – 1,162 sqft
2 bed
1,270 – 2,292 sqft
3 bed
2,368 – 2,389 sqft
4 bed
2,507 – 2,791 sqft
Apartment · Freehold
Full table
| Type | Bedrooms | Size (sqft) | Price | Per sqft |
|---|---|---|---|---|
| Apartment | 1 bed | 861 – 1,162 | AED 3.4M | AED 3,949 |
| Apartment | 2 bed | 1,270 – 2,292 | AED 4.44M | AED 3,498 |
| Apartment | 3 bed | 2,368 – 2,389 | — | — |
| Apartment | 4 bed | 2,507 – 2,791 | AED 9.82M | AED 3,917 |
DLD registration status
- Project registrationNot published yet
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from, and what escrow means
We do not yet hold a DLD project registration number for Iconic Residences. An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Dubai Land Department (DLD) on dubailand.gov.ae. Always check them, and pay into the escrow account only, before handing over a deposit. How to read the DLD register.
Figures from propertyfinder.ae (propertyfinder.ae/en/new-projects/mered-development/iconic-tower), read 2026-09-24; found in the Dubai web sweep. Launch date from Property Finder's sales start date.
About
Iconic Residences is Mered's apartment tower in Dubai Internet City, Dubai, with one to four-bedroom apartments from about 861 to 2,791 sq ft.
Read more
Prices start at AED 3,400,000 on a 50% during construction and 50% on handover plan, with handover listed for the first quarter of 2028.
The figures here are the starting price and plan as published for the project. Confirm the price, unit availability and service charge with the developer before committing.
- Mered apartment tower in Dubai Internet City
- One to four-bedroom apartments from 861 sq ft
- 0/50/50 payment plan
- Handover Q1 2028
- Developer
- Mered Real Estate Development
- Status
- Under construction
- Sales launch
- 30 Sep 2024
- Ownership
- Freehold
Amenities
- Yoga room
- Cinema
- CCTV Security
- Indoor Swimming Pool
- Infinity Pool
- Jacuzzi & Steam
- Leisure Lounge
- Barbecue Area
- Children's Play Area
Dubai Internet City · Dubai
Technology business district off Sheikh Zayed Road, beside Dubai Media City.
More in Dubai Internet City
Compare side by sideAll projects in Dubai Internet CityIconic Residences: questions buyers ask
How much does Iconic Residences cost?
Prices at Iconic Residences start from AED 3,400,000 and reach AED 9,820,829 (about $926K) for 1-bedroom, 2-bedroom, 3-bedroom and 4-bedroom homes. Asking prices come from the developer and change without notice.
What is the price per sqft at Iconic Residences?
The asking price is around AED 3,498 per sqft, our estimate from the starting price and the unit sizes rather than a figure the developer has stated. Per-sqft prices vary by floor, view and finish within one building.
When is the Iconic Residences handover date?
Iconic Residences is expected to hand over in Q1 2028. The project is under construction. Handover dates are the developer's own estimate and off-plan projects can move, so confirm the current date in writing before you pay anything.
What is the Iconic Residences payment plan?
Iconic Residences is offered on a 0/50/50 plan: 0% on booking, 50% during construction and 50% at handover. Developers change plans between phases, so confirm yours before signing.
Who is the developer of Iconic Residences?
Iconic Residences is being developed by Mered Real Estate Development. It sits in Dubai Internet City, Dubai. You can see every project by Mered Real Estate Development we list, and how their asking prices compare with registered sales, on their page.
Can foreigners buy at Iconic Residences?
Iconic Residences is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.
Is Iconic Residences registered with DLD?
We do not yet hold a project registration number for Iconic Residences. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.
Changes
Listed 24 Sep 2026 · 2 changes since, last 24 Sep 2026
Payment plan changed to 0/50/50
Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/mered-development/iconic-tower), read 2026-09-24; found in the Dubai web sweep
Sales launch date set to 30 Sep 2024
Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/mered-development/iconic-tower), read 2026-09-24; found in the Dubai web sweep
Listed on the site
Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/mered-development/iconic-tower), read 2026-09-24; found in the Dubai web sweep
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