- Sold from9 sales, last 90 days · DLD; cheapest: all 1-beds
- AED 4.07M≈ $1.11M
- Listed fromper propertyfinder.ae, 1 Oct 2026
- AED 3.4M
- Buyers paid vs DLD median
- +65%
Price, payment plan and homes
Price per DLD; listed price per propertyfinder.ae, 1 Oct 2026- Sold from
- AED 4.07M
- 9 sales, last 90 days · DLD; cheapest: all 1-bedsListed from AED 3.4M
- Bedrooms
- 1 bed to 4 bed
- 861 – 2,791 sqft · 319 units
- Payment plan
- 25/25/50
- AED 850K to book
- Handover
- Q1 2028
- 20% built per the DLD
DLD registered sales
- Last 90 days
- AED 4.39M – AED 7.59M
- · 9 sales, 1-beds to 2-beds
Homes and floor plans
319 homes · FreeholdPick a home: the plan and the forecast follow it.
- 3 bedApartment2,368 – 2,389 sqftNot listed
Paid: middle half of each type's off-plan sales, Nov 2025–Nov 2026 · DLD
Payment plan · 1-bed apartment
On AED 3.4M- 25% at bookingAED 850K
- 25% during construction, until handover (Q1 2028)AED 850K
- 50% on handover (Q1 2028)AED 1.7M
Before the keys: AED 1.7M, 50% of the price.
Mered Real Estate Development’s own file on propertyfinder.ae, checked 30 Sep 2026
Location · Dubai Internet City · Dubai
Technology business district off Sheikh Zayed Road, beside Dubai Media City.
Forecast
What the 1-bed apartment could be worth
Nearby Dubai Internet City
Compare side by sideAll projects in Dubai Internet City
The in-depth review
Why it scores 60
Price per sqft vs registered sales
Dubai Land Department open data · as of 10 Nov 2026+65% above what buyers paid nearby
16 off-plan sales, last 6 months · middle half AED 3,630 – AED 4,438
All sales, since 1 Jan 2026, in the register's Tecom Site A district, 102 registered sales in the area · middle half AED 1,797 – AED 2,526
Our estimate from the listed prices and unit sizes
Off-plan sales pace
2.7 a month
16 off-plan sales, last 6 months
How this is measured
Buyers paid a median of AED 3,745/sqft in this project (off-plan sales, last 6 months, 16 registered sales, as of 10 Nov 2026) against the DLD median of AED 2,267/sqft for apartments in Dubai Internet City, as of 10 Nov 2026. DLD registers every sale in Dubai, and names the project on each. This project's figure is sales of homes that were not built yet; the area's is every registered sale, of homes built or not yet built. Asking from AED 3,917/sqft (est.). Source: Dubai Land Department open data.
How the 60 was scored
8 of 8 factors · 100% of the weight · 10 Nov 2026- 01Price against what buyers actually paidAssessed · weight 25
- 02Developer track recordAssessed · weight 20
- 03Payment planAssessed · weight 10
- 04Location and infrastructureAssessed · weight 15
- 05How big the resale market isAssessed · weight 10
- 06Construction on scheduleAssessed · weight 15
- 07How much is still being built nearbyAssessed · weight 5
- 08The basics on fileAssessed · weight 0
How each factor was measured
Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.
- Price against what buyers actually paid
- 16 registered off-plan sales here, against the median of 102 all sales in Dubai Internet City · DLD
- Developer track record
- Our rating
- Payment plan
- 25% down · 25% during construction · 50% on handover
- Location and infrastructure
- Our rating of Dubai Internet City, and 5 kinds of places measured from the pin · OpenStreetMap
- How big the resale market is
- 81 resales of finished apartments in Dubai Internet City this year · DLD
- Construction on schedule
- 20% built on the DLD register, handover Q1 2028
- How much is still being built nearby
- 115 homes sold in Dubai Internet City this year, 30% off-plan · DLD
- The basics on file
- Registration or escrow number on file · DLD
Confidence medium: what buyers paid here is a median of 16 registered sales, against 102 in the area; 16 is a small sample for one project.
49 → 60 4 Oct 2026; construction now measuredScored since 1 Oct 2026 · 5 score changes
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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The full breakdown behind the 60
Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,673 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.
- The 50 registered sales here: date, size and price paid
- All 8 factor scores, with the figure and source behind each
- Score history since 1 Oct 2026 and why each move happened
- Rent, a mortgage and fees in the forecast, year by year
See what buyers paid at Iconic Residences, and everything behind the 60.
- Projects scored
- 1,673
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q1 2028
Under construction · 20% built, the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
What this means
Iconic Residences is due to hand over in Q1 2028. Construction is 20% complete according to the DLD's projects file (data.dubai, loaded 2026-06-15) (15 Jun 2026). Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.
DLD registration status
Verified 1 Oct 2026- Project registration2865
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from
Check it on dubailand.gov.ae. How to read the DLD register.
Figures from propertyfinder.ae, ezre.ae, read 1 Oct 2026, last verified 1 Oct 2026. Construction figure from the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026. Launch date from Property Finder's sales start date.
Before you pay: four things to check
1The escrow account
We hold no escrow account number. Ask the developer for it, and check it on dubailand.gov.ae before paying.2The handover date
The listed date is Q1 2028. Ask for the date in the sales agreement.3Today's price list
AED 3,400,000 is a starting price from propertyfinder.ae, 1 Oct 2026. Ask for the unit's own price.4The instalment dates
25% at booking, 25% during construction, 50% at handover. Ask for each payment's date and amount.
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.
- Developer
- Mered Real Estate Development
- Status
- Under construction
- Sales launch
- 30 Sep 2024
- Total units
- 319
- Ownership
- Freehold
Amenities
- Yoga room
- Cinema
- CCTV Security
- Indoor Swimming Pool
- Infinity Pool
- Jacuzzi & Steam
- Leisure Lounge
- Barbecue Area
- Children's Play Area
What’s nearby
straight-line distance- Supermarket or mall110 m
- Hospital or clinic220 m
- Metro or tram stop310 m
- School620 m
- Beach1.3 km
The nearest of each on OpenStreetMap, Sep 2026.
Iconic Residences: questions buyers ask
How much does Iconic Residences cost?
Registered sales at Iconic Residences start from AED 4,073,000 (about $1.11M): the cheapest tenth of 9 off-plan sales (all 1-beds), Aug–Nov 2026, per DLD. It is listed from AED 3,400,000, per propertyfinder.ae on 1 Oct 2026.
What is the price per sqft at Iconic Residences?
Buyers paid a median of AED 3,745 per sqft at Iconic Residences (off-plan sales, last 6 months, 16 registered sales).
When is the Iconic Residences handover date?
Iconic Residences is expected to hand over in Q1 2028. The project is under construction, 20% built according to the DLD's projects file (data.dubai, loaded 2026-06-15).
What is the Iconic Residences payment plan?
Iconic Residences is offered on a 25/25/50 plan: 25% on booking, 25% during construction and 50% at handover.
Is Iconic Residences priced above or below what buyers paid nearby?
Buyers paid a median of AED 3,745 per sqft in Iconic Residences (off-plan sales, last 6 months, 16 registered sales), which is 65% above the median of AED 2,267 per sqft that buyers actually paid for apartments in Dubai Internet City, across 102 sales registered with DLD.
What is the Rendr Score of Iconic Residences?
Iconic Residences scores 60 of 100 on the Rendr Score, fair, as of 10 Nov 2026; 8 of its 8 factors are assessed, 100% of the weight.
Who is the developer of Iconic Residences?
Iconic Residences is being developed by Mered Real Estate Development. It sits in Dubai Internet City, Dubai.
Is Iconic Residences registered with DLD?
Iconic Residences is registered with the Dubai Land Department (DLD) under number 2865. Check it at dubailand.gov.ae before you pay.
Changes
Listed 24 Sep 2026 · 4 changes since, last 4 Oct 2026
Construction 20% complete
Source: the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
Payment plan changed to 25/25/50
Source: propertyfinder.ae, ezre.ae, read 28 Sep 2026
Payment plan stated: 0/50/50
Source: propertyfinder.ae, read 24 Sep 2026
Sales launch date set to 30 Sep 2024
Source: Property Finder's sales start date
Listed on the site
Source: propertyfinder.ae, read 24 Sep 2026