Iconic Tower
Mered · 1BR, 2BR, 3BR · Dubai Internet City, Dubai
Iconic Tower is a residential project by Mered in Dubai Internet City, Dubai, offering 1BR, 2BR, 3BR layouts. Prices start from AED 2,985,470. This is an off-plan purchase with expected completion in December 2027 on a 60 / 40 payment plan. The indicative gross yield band for this area and unit mix is 5.5% – 7%: below you will find the project data, investment fit, risks and frequently asked questions reviewed by an independent advisor.
Iconic Tower is a luxury development by Mered in Dubai Internet City, featuring modern high-rise apartments with stunning views.
Key facts
- Developer
- Mered
- Area
- Dubai Internet City, Dubai
- Property type
- 1BR, 2BR, 3BR
- Starting price
- AED 2,985,470
- Payment plan
- 60 / 40
- Expected completion
- December 2027
- Construction status
- Now selling
- Indicative gross yield
- 5.5% – 7%
Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.
Who this project fits
Iconic Tower typically fits buyers who prioritise location quality and value retention over immediate yield, across 1BR, 2BR, 3BR layouts in Dubai Internet City, Dubai. Because it is off-plan, capital stays committed until handover and income starts afterwards. The indicative gross yield band for this area and unit mix is 5.5% – 7%.
Risks to weigh
As with any off-plan purchase, there is handover-delay risk and developer risk: check escrow, permits and delivery track record. The payment plan lowers the upfront outlay but commits future cash: stress-test it against your real cash flow. Incoming supply in Dubai Internet City, Dubai can compress rents and prices in the short term; service charges, currency and financing costs all affect net yield. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.
Frequently asked questions about this project
How much does a unit at Iconic Tower cost?
Prices at Iconic Tower start from AED 2,985,470. The final figure depends on layout, floor and orientation — we pull the current price list from the developer for the specific unit you want.
Where is Iconic Tower located?
Iconic Tower is located in Dubai Internet City, Dubai. We assess the area on rental demand, incoming supply and accessibility — not on project marketing.
What is the payment plan for Iconic Tower?
The indicated payment plan is: 60 / 40. We verify the full structure, including milestones and the balance due at handover.
When is Iconic Tower expected to complete?
Expected completion is December 2027 (current status: now selling). Off-plan dates can slip, so we check construction progress and the developer's delivery record.
What yield can I expect at Iconic Tower?
The indicative gross band for this area and unit mix is 5.5% – 7%. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.
Who is the developer of Iconic Tower?
Iconic Tower is developed by Mered. We review their delivery record, build quality and value retention before recommending it.
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