Dubai skyline at sunset viewed across water from Dubai Creek Harbour. General Dubai context, not Site A.. Area context, not a photograph of Iconic.

Area view, not a building-specific photograph

Iconic, Dubai

Site ADeveloper: Mered Residences Real EstateUnder construction in the registerRegistered completion: 28 Feb 2028

Homes sold for a median AED 3,668 per sq ft. There were 30 sales in the last 12 months.

Under construction in the register in Site A. A typical 2-bedroom home sold for AED 5,920,542.

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Photo: Vandan Patel / Unsplash

Median sold price
AED 3,668
Per sq ft, 12 months to 5 Oct 2026
Change in a year
+8.8%
↑ +8.8%
Registered sales
30
12 months
Lowest recent sale
AED 4,044,141
Recent sales shown below
Project status
Active
Project register to 22 Oct 2026
Construction progress
35%
Registered completion
Feb 2028
Typical price
1BRAED 4.01M2BRAED 5.92M4BRAED 10.21M
Rounded registered medians, the last 12 months to 5 Oct 2026

Price per sq ft over five years

Median sold price each quarter, against the Site A median. Gaps mean fewer than 3 sales that quarter.

Iconic4,147Last recorded: 2026 Q1

Site A median3,096Last recorded: 2026 Q1

Iconic median AED per sq ft by quarterSale figures only. Gaps mark missing values. See the table below for exact figures.01,0372,0743,1104,1475,1842021 Q42022 Q32023 Q32024 Q22025 Q22026 Q1Iconic: 3,473, 2024 Q1Iconic: 3,434, 2024 Q2Iconic: 2,950, 2024 Q3. Mix of homes sold changed this quarterIconic: 3,426, 2024 Q4Iconic: 3,139, 2025 Q1Iconic: 3,494, 2025 Q2Iconic: 3,876, 2025 Q3Iconic: 3,616, 2025 Q4Iconic: 4,147, 2026 Q1Site A median: 2,229, 2021 Q4Site A median: 2,389, 2022 Q1Site A median: 2,674, 2022 Q2Site A median: 3,736, 2022 Q3. Mix of homes sold changed this quarterSite A median: 2,637, 2022 Q4. Mix of homes sold changed this quarterSite A median: 3,124, 2023 Q1. Mix of homes sold changed this quarterSite A median: 2,676, 2023 Q2. Mix of homes sold changed this quarterSite A median: 3,131, 2023 Q3Site A median: 3,110, 2023 Q4Site A median: 3,184, 2024 Q1Site A median: 2,835, 2024 Q2Site A median: 2,856, 2024 Q3Site A median: 2,897, 2024 Q4Site A median: 3,048, 2025 Q1Site A median: 3,064, 2025 Q2Site A median: 2,993, 2025 Q3Site A median: 973, 2025 Q4. Mix of homes sold changed this quarterSite A median: 3,096, 2026 Q14,147

Exact registered values are available in the data table below.

Iconic: 9 periods with values of 20 labelled periods.Site A median: 18 periods with values of 20 labelled periods. Missing values break the line; they are not treated as zero.
  • Iconic, 2024 Q3: Mix of homes sold changed this quarter
  • Site A median, 2022 Q3: Mix of homes sold changed this quarter
  • Site A median, 2022 Q4: Mix of homes sold changed this quarter
  • Site A median, 2023 Q1: Mix of homes sold changed this quarter
  • Site A median, 2023 Q2: Mix of homes sold changed this quarter
  • Site A median, 2025 Q4: Mix of homes sold changed this quarter
View chart data
Iconic median AED per sq ft by quarter
PeriodIconicSite A median
2021 Q4Not reported2,229
2022 Q1Not reported2,389
2022 Q2Not reported2,674
2022 Q3Not reported3,736
2022 Q4Not reported2,637
2023 Q1Not reported3,124
2023 Q2Not reported2,676
2023 Q3Not reported3,131
2023 Q4Not reported3,110
2024 Q13,4733,184
2024 Q23,4342,835
2024 Q32,9502,856
2024 Q43,4262,897
2025 Q13,1393,048
2025 Q23,4943,064
2025 Q33,8762,993
2025 Q43,616973
2026 Q14,1473,096
2026 Q2Not reportedNot reported
2026 Q3Not reportedNot reported

Source: Land Department open data, 5 Oct 2026. Prices describe homes sold, not a valuation.

By number of bedrooms

Compare the median price paid for each home size.

1 bedroomAED 4.01M7 registered sales
2 bedroomsAED 5.92M19 registered sales
4 bedroomsAED 10.21M3 registered sales
HomeSalesMedian price, roundedSize, sq ftAED per sq ftArea rent a yearRent-to-price comparison
1 bedroom7AED 4.01M1,0953,664AED 94,0002.3%
2 bedrooms19AED 5.92M1,6023,696AED 117,1602.0%
4 bedrooms3AED 10.21M2,7043,777AED 650,0006.4%

Source: Land Department open data. Sale medians cover the last 12 months, to 5 Oct 2026. Rent source: Dubai Data (datadubai.ae), Continental Club Property. Area rents: Ejari, Site A.

Rents cover the whole community, not this building alone. They are the median Ejari rent for each home size. The rent-to-price comparison uses area rent and this building's sale median, before costs. It is not an observed building lease yield. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated.

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Latest registered sales

Compare the recorded prices, sizes and dates of the Iconic sales shown below.

Latest registered sales
2026-02-132 bedroomsOff-Plan1,3354,807,9423,601
2026-02-111 bedroomOff-Plan1,1374,972,4024,373
2026-02-092 bedroomsOff-Plan1,6167,765,5394,805
2026-02-032 bedroomsOff-Plan1,3265,257,7413,965
2026-01-272 bedroomsOff-Plan1,6528,440,7035,109
2026-01-262 bedroomsOff-Plan2,38110,310,3814,330
2026-01-204 bedroomsOff-Plan2,72312,197,0314,479
2026-01-201 bedroomOff-Plan1,0954,044,1413,693

Source: Land Department open data, 5 Oct 2026. Records don't include unit numbers, so individual homes can't be identified.

What a 2-bedroom home in Iconic really costs

Use your purchase price, rent and charges to compare the cash needed and income after costs.

These inputs are examples. Sale medians and community rents help you start. They are not a quote for a home for sale.

Find your building’s approved rate on the Land Department's Service Charge Index. Match the usage and year.

How you're buying

Where your purchase costs go

The chart shows how the one-off purchase fees are divided for your inputs.

Cash you need on day one
AED 6,285,935
Net yield after costs
Add your service charge
Fees on top of the price
DLD transfer feeAED 236,822
DLD admin feeAED 40
Registration trustee fee (incl. VAT)AED 4,200
Agent commission (incl. VAT)AED 124,331
Total feesAED 365,393
Monthly mortgage payment
AED 0
Service charge a year
Add your service charge
Gross yield
2.0%

Source: fee schedule dated 2026-10-14. DLD transfer 4%, trustee and admin fees, mortgage registration 0.25% + AED 290, agent 2% + VAT. Official fee references and labelled calculator planning assumptions. Confirm the itemised charges in writing before a deal.

Open these figures in the full calculator

Price and size are this building's medians. Rent is the area-level Ejari median for a 2-bedroom home in Site A. Add the building's service charge from the Land Department's Service Charge Index to see the net yield.

Project register and escrow

Mered Residences Real Estate. Project status: active.

Registered completion
28 Feb 2028
Construction progress
35%
Escrow bank
Mashreq Bank Psc

Source: Land Department project register, 22 Oct 2026. A registered completion date can be extended. Confirm the latest project status in the Dubai REST app; payment-plan terms must be checked with the developer.

Location: Site A

This map marks the parent area. It does not show the entrance or exact building position.

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Questions people ask

These answers explain the prices and registered sales shown for Iconic.

What is the price per sq ft in Iconic?

The median sold price was AED 3,668 per sq ft. There were 30 sales over the last 12 months to 5 Oct 2026. Prices changed by +8.8% from the 12 months before. The last sale was on 13 Feb 2026.

How much does a 2-bedroom home in Iconic cost?

The median price for a 2-bedroom home was AED 5,920,542. The median size was about 1,602 sq ft. This covers 19 sales in the last 12 months.

What rent does a 2-bedroom home near Iconic get?

The median rent for that home size in Site A was AED 117,160 a year. The publisher sample has 128 Ejari contract records. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. The rent-to-price comparison is about 2.0%, before costs. This uses the building's median sale price and area rent. It is not an observed lease yield for this building.

Is Iconic expensive for Site A?

Iconic sells at 261.4% above the Site A median of AED 1,015 per sq ft, comparing both over the last 12 months.

Sources

Source update: 26 Oct 2026. Source: Dubai Land Department open data via Dubai Pulse, re-published by Dubai Real Estate Data (dataset), licensed CC BY 4.0. Sales to 5 Oct 2026. aggregated to medians; non-residential, land and flagged rows excluded. Source for rents, yields and project records: Dubai Data (datadubai.ae), Continental Club Property, based on Dubai Land Department open data, data to 22 Oct 2026, licensed CC BY 4.0. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. Publisher-reported gross yields use the publisher matched-segment sale-price denominator, not this page’s sale median; the matched-sale reporting period is not stated.