Tecom Site A · Off-plan · 62% of homes registered

IconicWhat it sells for

2-bedrooms sell off-plan for about AED 6.02M, and about 49 of 124 are left.

At a glance

Updated with deals to 3 Nov 2026
Sells forAED 6.02Mfor a typical 2-bedroom, off-plan

From 27 off-plan sales in the last 12 months.

Homes leftAbout 117of 310 homes

1-bed homes are the tightest, about 69% registered.

Built35%at the last DLD inspection

Inspected on 11 Aug 2026.

Planned endFeb 2028from DLD

16 months from now, on DLD's record.

What brings you here?

Apartment type

Prices and rents at Iconic

How many homes are left in Iconic?

About 117 homes left of 310

1-bed homes are the tightest, about 69% registered. 310 homes in 1 building of 66 floors.

1 bed99 of 144 registered
2 bed75 of 124 registered
3 bed8 of 9 registered
4 bed11 of 33 registered
RegisteredNot yet registeredEach square is 5 homes

How fast are they going?

3 homes a month

Registered over the last 3 months.

  • 1 bed1 a month
  • 2 bed1 a month
  • 3 bed0 a month
  • 4 bed0 a month

What are people paying right now?

AED 2,694AED 3,557AED 4,420AED 5,284Dec 25Feb 26Apr 26Jun 26Aug 26Oct 26
Typical price per sq ftBar shows the middle half of dealsFewer dealsMore deals

Typical price per sq ft

AED 3,727

Across all home types, last 3 months.

Latest 3 deals

  • AED 6.02M2 bed · 1,608 sq ft · 30 Oct 2026
  • AED 4.12M1 bed · 1,110 sq ft · 30 Oct 2026
  • AED 5.68M1 bed · 1,108 sq ft · 30 Oct 2026

Investor intelligence

Most space for the money2-bed homesAED 3,543 per sq ft
Most choice left2-bed homesAbout 49 left
HomeTypical price, last 3 monthsSizePer sq ftRent nearby, a yearRent on price
1 bedAED 4.25M1,109 sq ftAED 4,114None yetNot known
2 bedAED 6.81M1,986 sq ftAED 3,543None yetNot known

How far along is the building work?

35% built

At the DLD inspection on 11 Aug 2026. Planned end Feb 2028.

0%25%50%75%100%20242025202620272028Even pace to the planned datePlanned end Feb 2028Today

Build intelligence

Is it on track?

16 months remain to the planned end date, with 65% of the building work still to do.

  • At the pace of the last two inspections, work would finish around Oct 2029. Pace changes, so treat that as a rough guide.

What did each inspection find?

11 Aug 202634.9% built+5.8 pts7 photos
30 Apr 202629.0% built+4.7 pts9 photos
23 Jan 202624.4% built+4.4 pts11 photos
16 Sep 202520.0% built+3.6 pts4 photos
10 Sep 202516.4% built+5.1 pts3 photos
9 May 202511.3% built+2.4 pts3 photos
12 Nov 20248.8% built+4.8 pts5 photos
27 Jun 20244.0% built+3.8 pts4 photos
1 May 20240.2% built+0.2 pts3 photos
7 Dec 20230.0% builtFirst visit3 photos

Who is building Iconic?

Mered Residences Real Estate L.L.C logo

Mered Residences Real Estate L.L.C

DLD lists Mered Residences Real Estate L.L.C as the developer. Buyers' payments go to an escrow account at Mashreq Bank Psc.

1being built
0finished
0cancelled

Developer intelligence

How long does Mered Residences Real Estate L.L.C take to build?

Active projects past their planned end0 of 1On DLD's latest dates

Where is Iconic?

8% above

the typical off-plan price per sq ft in Tecom Site A, over the last 12 months.

Iconic against Tecom Site A

  • IconicOff-plan, 52 sales in 12 monthsAED 3,745 per sq ft
  • Tecom Site AOff-plan, 56 sales in 12 monthsAED 3,461 per sq ft

How busy it is

  • Sales in the last 12 months82
  • Off-plan share of sales68%

Still selling nearby

Typical off-plan price per sq ft and sales, last 3 months

See all of Tecom Site A

More in Tecom Site A

Questions people ask

Quick answers, from the same deals as the rest of this page.

How much is a 2-bedroom in Iconic?

About AED 6.02M off-plan, from 27 sales in the last 12 months. No resale price yet.

How many homes are left in Iconic?

About 117 of 310, going by sales registered with DLD.

How much of Iconic is built?

35% at the DLD inspection on 11 Aug 2026.

About our data

Where our numbers come from

Every number on this page comes from a real deal registered with the Dubai Land Department. Here's how we turn them into prices you can use.

Sales
Every sale of an apartment in Iconic registered with the Dubai Land Department since January 2024, up to 3 Nov 2026. Sales up to 2 Nov 2026 come from Dubai Real Estate Data, based on DLD open data (CC BY 4.0). Newer sales come straight from the DLD open-data portal.
Leases
Every Ejari lease registered with the Dubai Land Department since January 2026, up to 2 Nov 2026. Leases don't list bedrooms, so we work them out from the size. Lease length comes from the start and end dates.
What we count
Apartments and hotel apartments. Villas and townhouses aren't included yet.
Typical price
The middle deal: half sold for more, half for less. One penthouse can't skew it the way it skews an average.
Typical range
The range we show: from the 25th to the 75th percentile. Fair means inside it. High and low mean outside it.
Time frames
Prices look at the last 12 months of resales. Rents look at new leases since 3 Aug 2026. Price changes compare the last 3 months with the same 3 months a year earlier. Rent changes compare new leases now with those signed from January to March 2026.
Return
A year of typical rent as a share of the typical price, also called gross yield. It comes before service charges, fees and empty months.
Your apartment's value
We start from the typical price at the typical size, then add or take off the going price per sq ft for the difference in size.
When we hold back
We give a price or rent only with at least 10 resales in the last 12 months or 10 new leases in the last 3 months behind it. A project gets its own page with at least 30 sales in 12 months or 30 new leases in 3 months, or with at least 20 sales since January 2024 and 5 of them in the last 12 months. We say prices or rents rose or fell only when the change is over 3% and each period has at least 30 deals. Otherwise we say so and show nearby buildings instead.
Build progress and developer
Percent built, inspection dates and photos, the planned end date, the home count and the developer's project counts come from the project records of the Dubai Land Department. Homes left are the homes it lists for the project, minus the sales registered with it.
What the records leave out
Floor, view, furnishing and condition.

We update with every data release. This page was last updated on 3 Nov 2026.

Free · From deals registered with the DLD

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