Express your interest in this projectThe 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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The prices of residential properties on Bayut range between AED 3,469,000 and AED 10,993,672.
The number of currently available listings of residential properties in Iconic Residence is 17.
Keeping in mind that factors such as size, condition and location affect the property’s price, the average price of residential properties over the past 6 months is AED 5,911,816.
Trends from the past 6 months highlight a +1% change in the listed sale prices of real estate in Iconic Residence. This price change can be attributed to the changing market conditions and development of new projects.
If you are looking to buy a property near Iconic Residence, the following neighborhoods are worth exploring:
If you are seeking reputable schools for your children in the vicinity of Iconic Residence, check out the following:
Explore the following for good early educational options close to Iconic Residence:
Below are areas close to Iconic Residence along with average asking prices of properties listed on Bayut:
In Iconic Residence, the number of properties sold during the last 12 months is 48.
DLD's sale transaction records have shown that the properties in Iconic Residence were sold at an average price of AED 5,957,401 in the past 12 months. Prices may vary due to factors such as property size, type, condition, etc.
The sales transaction trends from DLD highlight a +6% change in the real estate prices. Prices can be impacted by the prevailing market conditions.
Average prices for properties sold in areas close to Iconic Residence are highlighted below:
