Off-planOn sale

Iconic Tower

Iconic Tower is an off-plan apartments development by Mered in Dubai Internet City, Dubai. Prices start from AED 2,985,470, with 1br – 4br listed and handover expected in Q3 2027.

Starting price: AED 2.99M
Handover: Q3 2027
Down payment: 5%
Bedrooms: 1BR – 4BR

Payment plan 5 / 45 / 50 · Cash today AED 149K

Project data last verified: 17 Oct 2026

Project information is compiled from developer materials and Tasqio's tracked database. Comparisons use currently tracked real projects. Methodology

Overview

Iconic Tower by Mered is a landmark residential development that embodies contemporary luxury, architectural excellence, and timeless Italian design. Created in collaboration with the world-renowned design house Pininfarina, the project presents an exclusive collection of sophisticated residences where innovation, elegance, and functionality come together in perfect harmony. Every aspect of the tower has been thoughtfully designed to maximize natural light, spaciousness, and refined aesthetics, creating an elevated living experience that reflects the highest standards of modern urban living. Residents enjoy a premium lifestyle supported by an exceptional range of amenities designed for wellness, relaxation, and everyday comfort. Elegant communal spaces, carefully curated leisure facilities, and thoughtfully designed environments foster a sense of balance and well-being, while the tower's iconic architecture and meticulous attention to detail create a truly distinctive residential destination. Every element has been conceived to provide an atmosphere of sophistication, privacy, and effortless luxury. The residences are finished with premium-quality materials, showcasing exceptional craftsmanship and contemporary design throughout every interior.

5/45/50 payment plan, 5% at booking
Handover Q3 2027
Yes
96 units

Project facts

Last updated: 17 Oct 2026

Key facts for Iconic Tower
Project	Iconic Tower
Developer	MeredFact
Location	Dubai Internet City, Dubai, United Arab Emirates
Property type	Apartments
Starting price	AED 2,985,470Fact
Price per sqft	AED 3,454Fact
Handover	Q3 2027Fact
Construction progress	29%Fact
Down payment	5%Fact
Payment plan	5 / 45 / 50Fact
Unit types	1BR – 4BR
Service charge	AED 25 per sqft per yearFact
Status	On sale

Amenities

Yoga / Relax Room
Wet & Dry Deck
Outdoor Adult Pool
Kids Play Area
Conference Room
Gym Equipment Room
Kids Pool
Outdoor Gym
Swimming Pool
Spa
Lounge

Gallery

Developer materials via Reelly

Iconic Tower – master plan — Master plan as published by the developer.

Investment analysis

Methodology

Investment ScoreAnalysis

Not enough data to score

How this is calculated

Gross yield

—

Not estimated: no rent data for this area yet

Price vs areaFact

+0.1%

In line with area · tracked listings

Payment Score

5% at booking

Rental return calculator

Tasqio only estimates rent and short-term income where registered rental contracts exist for the community. That data is not yet connected for Dubai Internet City, so no yield is shown for Iconic Tower. The price, payment plan and handover facts above come directly from the licensed listing feed.

Short-term potential

—

No short-term data for this area

Supply risk

—

Awaiting pipeline data

Liquidity

—

Awaiting transaction data

Prices

Price per sqft comparison
Project price / sqft	AED 3,454	Fact
Dubai Internet City off-plan average	AED 3,450	Estimate
Relative value	+0.1%	In line with area

Starting price history

Launch 30 Sept 2024

17 Oct 2026

AED 2,985,470

AED 3,454/sqft

Payment plan

Fact — Licensed data feed

1On booking
5%
AED 149,274
At booking
2During construction
45%
AED 1,343,462
10% → 90% construction
3Upon Handover
50%
AED 1,492,735
Handover · Q3 2027

Cash requirements at the starting price
Cash needed today (5%)	AED 149,274
Average monthly construction payment (11 months)	AED 122,133
Handover payment (50%)	AED 1,492,735

Amounts are calculated from the starting price and the published plan. Exact schedules vary by unit; request the current payment schedule for a specific unit.

Units

Unit types with sizes and starting prices
Unit type	Size (sqft)	From
1 Bedroom	864 – 1,185	AED 2,985,470
2 Bedroom	1,276 – 2,364	AED 4,477,497
4 Bedroom	2,516 – 2,776	AED 9,820,829

Location

Developer

Mered

0 completed projects on record

At MERED, they believe that buildings are not just glass and concrete structures, but timeless landmarks that change lives. They strive to be masters of incredible lifestyles that enrich and prosper their clients while remaining relevant for today and tomorrow.

Developer ScoreAnalysis

Not enough data to score

How this is calculated

Frequently asked questions

What is the starting price of Iconic Tower?

Iconic Tower starts from AED 2,985,470 (about AED 3,454 per sqft) as of 17 Oct 2026.

Who is the developer of Iconic Tower?

Iconic Tower is developed by Mered.

When is the handover of Iconic Tower?

Handover is planned for Q3 2027. Construction is 29% complete according to the latest observation.

What is the payment plan for Iconic Tower?

The published plan is 5 / 45 / 50 with 5% at booking. At the starting price that is AED 149,274 today, about AED 122,133 per month during construction and AED 1,492,735 at handover.

Where is Iconic Tower located?

Iconic Tower is in Dubai Internet City, Dubai.

What unit types are available at Iconic Tower?

1 Bedroom from AED 2.99M (864–1185 sqft); 2 Bedroom from AED 4.48M (1276–2364 sqft); 4 Bedroom from AED 9.82M (2516–2776 sqft).

Data sources

Project information: developer and licensed data provider, observed 17 Oct 2026
Photos and plans: Developer materials via Reelly
Area statistics: listing prices from 1 tracked project, observed 2026-10-17; transaction statistics not yet connected
Rental and short-term estimates: not shown; no rent basis for this community yet
Scores: Tasqio Analysis, weight set v1 (25% of inputs available)

Last updated: 17 Oct 2026 · View Tasqio methodology · Data sources