The upcoming Iconic Residence, developed by MERED, will stand as a new landmark in Dubai Internet City, Dubai. Designed by the renowned Pininfarina brand, the residential tower will have 60 floors and 6 podiums featuring amenities like restaurants, cafes, retail stores and a Pininfarina pop-up store. It will include 1 to 4-bedroom apartments, a couple of premium units and an exclusive penthouse. Iconic Tower boasts two sets of exclusive amenities that redefine luxury living. The Oasis amenities will include a main pool with a bar, a fully equipped gym, yoga areas, a kids' play area with a pool, private lounges and a cinema. On the 40th floor, Sky amenities will feature an infinity pool, steam baths, jacuzzi, sauna, two-level lounges, outdoor terraces and a bar, offering breathtaking views and unparalleled relaxation options.
The upcoming Iconic Residence, developed by MERED, will stand as a new landmark in Dubai Internet City, Dubai. Designed by the renowned Pininfarina brand, the residential tower will have 60 floors and 6 podiums featuring amenities like restaurants, cafes, retail stores and a Pininfarina pop-up store. It will include 1 to 4-bedroom apartments, a couple of premium units and an exclusive penthouse. Iconic Tower boasts two sets of exclusive amenities that redefine luxury living. The Oasis amenities will include a main pool with a bar, a fully equipped gym, yoga areas, a kids' play area with a pool, private lounges and a cinema. On the 40th floor, Sky amenities will feature an infinity pool, steam baths, jacuzzi, sauna, two-level lounges, outdoor terraces and a bar, offering breathtaking views and unparalleled relaxation options.
| Milestone | % of Property Value to be Paid | |
|---|---|---|
Down Payment | 5% | |
Pre Handover • Payment Schedule | 45% | |
On Handover | 50% |
| Type | Area (sqft) | Price (AED) | Floor Plan |
|---|---|---|---|
| Type A - Units 801, 2001, 1501, 2301, 3601, 1401, 5401, 3501 | 865 - 868 | 2.59M - 3.56M | |
| Type B - Units 1007, 1207, 1507 | 864 - 871 | 2.59M - 2.71M | |
| Type C - Units 2905, 4705 | 871 - 874 | 2.97M - 3.45M | |
| Type E - Unit 1005 | 1,109 | 3.89M | |
| Type D - Units 2004, 2304 | 1,071 | 4.06M - 4.12M |
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As per the listings on Bayut, you can buy 1 bedroom flats in Iconic Residence within a budget of AED 2,597,391 to AED 4,432,131.
On Bayut, the number of currently listed 1 bedroom flats in Iconic Residence is 27.
According to the last 6 months' listings on Bayut, a 1 bedroom flat for sale in Iconic Residence has an average asking price of around AED 3,312,602. These asking prices may vary depending on the property size, type, condition, etc.
The average asking price for 1 bedroom apartments has witnessed a change of +6%. The change in price over the past 6 months can be due to the prevailing market conditions and new developments.
You can explore the following areas to purchase a 1 bedroom apartment near Iconic Residence:
If you are seeking top schools near Iconic Residence, here's what is recommended:
Here's what you can find among the top nurseries:
Agencies with the most listings of 1 bedroom flats for sale include the following:
As per DLD's data for the last 12 months, the total number recorded for 1 bedroom apartments sold in Iconic Residence is 63.
According to DLD’s transactional data, 1 bedroom apartments in Iconic Residence have sold at an average price of AED 3,059,138. Prices may go above or below the average depending on the apartment’s size, type, and location.
The prices of 1 bedroom apartments in Iconic Residence reflect a change of +6% over the past 6 months. The change can be attributed to the prevailing market conditions.
