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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On Bayut, off plan apartments in Iconic Residence are priced from AED 2,846,369 to AED 11,502,970.
Bayut currently features 16 off plan apartments available in Iconic Residence.
As per Bayut’s off plan listings, the average cost of buying an off plan flat in Iconic Residence is AED 5,864,125. The price can increase or decrease depending on the property’s size, location, and nearby amenities.
As per the listings on Bayut, during the last 6 months, off plan apartment prices in Iconic Residence have seen a -1% change. The change can be attributed to shifts in market conditions and new developments.
The following nearby locations offer off plan apartments for sale:
DLD records show that 100 off plan apartment sale transactions took place in Iconic Residence in the last 12 months.
On average, off plan apartments in Iconic Residence sell for an average of AED 4,253,550 according to DLD. Property prices can go above or below average depending on the property's size, location, etc.
As per DLD records, during the past 6 months, prices of off plan apartments sold in Iconic Residence have changed by -2%. Price fluctuations can result from new developments and evolving market conditions.
The leading agencies for off plan apartment listings in Iconic Residence on Bayut are:
