Development of the Week: Iconic Residences
Our development of the week series continues as we put Iconic Residences under the microscope. Located in Dubai Internet City, close to Palm Jumeirah, this development will offer luxurious 1-4 bedroom apartments, two 3-bedroom premium residences and a single 3-bedroom duplex penthouse. Let’s find out more about this project by Mered.
ABOUT ICONIC RESIDENCES
Dubai is known globally for its unique architecture. Dubai’s skyscrapers are seen as a sign of progress and innovation. Global giants in the field of architecture have come up with incredible exterior design for mega projects.
Iconic Residences is the latest addition to the list as globally known legendary Italian design firm Pininfarina joins hands with Mered. The collaboration is destined to produce something splendid; a project that will stand out even in Dubai.
Pininfarina is known for coming up with structures which become a symbol of elegance and beauty and at the same time ensuring maximum functionality. Their ingenious advanced engineering solutions will be paired with the knowledge and expertise of the UAE market, Mered has to offer.
Iconic Residences is all set to be the tallest building in Dubai Internet City. The area is located close to and offers rapid access to Sheikh Zayed Road, Palm Jumeirah, Dubai Marina, and Emirates Hills. Residents will be able to drive to major landmarks like Burj Al Arab and Dubai Harbour as well. Dubai Internet City is a major hub for businesses and one can anticipate linear growth, which may bring significant returns on investment in the future.
From the flats, one would be able to enjoy stunning views of Palm Jumeirah, a real visual treat. The design of the apartments would ensure maximum usage of natural light and the incredible vistas.
Iconic Residences amenities will also be a major reason people will enjoy living here. With facilities and activities on offer for all ages and interests, this building would be ideal to raise a family.
With construction already underway, you can be assured that this project is likely to complete on time and offer a high return in the long run.
PROPERTIES
The 66-storey building will offer 310 flats, 1 penthouse and 2 sky apartments. The 39th and 40th floors will be dedicated to amenities. The flats will have designer finishes and the latest modern appliances to make your life easier and less stressful. In terms of interior design, these homes will blend minimalism and art deco elegance.
The starting price of a flat for sale in Iconic Residences is AED 2.6M. Visit the official website to view Iconic Residences master plan.
ICONIC RESIDENCES PAYMENT PLAN
Here’s a look at the Iconic Residences payment plan.
- 5% on booking
- 45% during construction
- 50% at handover
ICONIC RESIDENCES AMENITIES
Checkout the list of Iconic Residences amenities.
- Family-friendly pool
- Private cinema
- Yoga studio
- Fully-equipped gym
- Infinity pool overlooking the sea
- Main pool
- Yoga
- Spa
- Lounge bar
ABOUT THE DEVELOPER
Mered is a top of the line international real estate developer. The company is known for developing high-end destinations and providing the residents of their properties an immeasurable living experience. Working in collaboration with top-tier architects, contractors and service providers, it is all about meeting the goals set out and pushing the boundaries in real estate.
FAQs
WHAT IS THE COMPLETION DATE FOR THE PROJECT?
Iconic Residences delivery date is Q3 2027.
WHICH ARE THE TOP AREAS TO RENT NEAR DUBAI INTERNET CITY METRO STATION?
Here is a list of the top areas to rent near Dubai Internet City Metro Station that you can consider.
This concludes our look at the upcoming development Iconic Residences. For those looking to make an investment with high ROI in mind, this might be an excellent option with a relatively short duration of construction.
Title Image Credit: Mered
