Under Construction

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Construction Status

29.03%

Payment Plan

50/50

Anticipated Completion Date

28-Feb-2028

50/50

Description Milestone Event (%) Value
Down Payment Immediate 5%
1st Installment Within 1 Month of Sale Date (SPA Agreement date) 20%
2nd Installment Within 7 Months of Sale Date 5%
3rd Installment Within 13 Months of Sale Date 5%
4th Installment Within 19 Months of Sale Date 5%
5th Installment Within 25 Months of Sale Date 5%
6th Installment Within 31 Months of Sale Date 5%
Payment At Handover On Completion 50%

Details

Title :

Iconic Residence

Type :

Free Hold

Project Number :

2865

Completion Status :

Under Construction

Life Cycle :

Developing

Master Development :

Dubai Internet City

Plot Number :

N/A

Project Configuration :

1B+67

Number Of Units :

310

Number Of Floor :

68

Plot Area :

N/A

Built Up Area :

45,318 Square Meter

Construction Status :

29.03%

Launch Date :

04-Jan-2024

Registration Date :

04-Jan-2024

Construction Started Date :

30-Sep-2024

Anticipated Completion Date :

28-Feb-2028

Cost Consultants :

N/A

Piling Contractors :

N/A

Handover Date :

N/A

Main Contractors :

N/A

Sub Contractors :

N/A

Architects :

N/A

MEP Contractors :

N/A

Project Managers :

N/A


Special Classifications




Description

Mered Iconic Tower at Dubai Internet City is the pristine residential addition by Mered Developer offering a premium selection of 1, 2, 3 & 4-bedroom apartments and a penthouse in Dubai. This is the next level pinnacle of luxury living, a ground-breaking project that will redefine urban luxury, combining cutting-edge design with unparalleled comfort of modern elegance. The architectural marvel rises with an impressive 66-storey residential façade above the ground with an additional six podium levels of leisure lifestyle facilities. The design ethos prioritizes the technological aspect crafted with its beauty, ensuring the tower exceeds the expectation of modern urban living.

The strategic location at Dubai Internet City benefits from one of Dubai’s most dynamic and internationally recognized venues, business hubs, and leisure and attractions. The locality has long been celebrated for its role as a global oasis, providing residents a place, where partnership, creativity and innovation come together to offer an inspiring environment. The area is home to various multinational companies, making it an ideal place for residential aspects, lined with the premium surprise of the locality and neighbourhood.

Key Highlights:

  • The tower houses 310 upscale designed 1, 2, 3 & 4-bedroom apartments and a single penthouse, catering to a variety of living preferences.
  • Designed by the world-renowned Italian design house Pininfarina, features an architectural style that seamlessly integrates timeless beauty.
  • Situated at Dubai Internet City, benefits from being in one of Dubai's most prominent business hubs, and major commercial centers.
  • Rises 66 floors above ground, complemented by six podium levels, creating a striking presence, where the vertical expanse offers breathtaking views.
  • The inclusion of 15,000 square feet of retail space within the tower adds a layer of convenience for residents.
  • On the 40th floor, residents can enjoy a series of high-end recreational spaces, including an infinity pool with panoramic sea views, outdoor terraces, and lounges.
  • The first floor is equipped with amenities tailored for families, such as a kids' play area and a dedicated kids' pool.

Location

Title Floor Level From To Action
TIER 1 TYPE A 2 N/A N/A View Details
TIER 1 TYPE B 3,6,9,12,15 3 15 View Details
TIER 1 TYPE С 4-5, 7-8, 10-11, 13-14, 16 4 16 View Details
TIER 2.1 TYPE A 17 N/A N/A View Details
TIER 2.1 TYPE B 18-21, 23 18 23 View Details
TIER 2.1 TYPE C 22 N/A N/A View Details
TIER 2.2 TYPE B 24-26, 28-31 24-26 28-31 View Details
TIER 2.2 TYPE C 27 N/A N/A View Details
TIER 2.3 TYPE B 33-36, 38-39 33-36 38-39 View Details
TIER 2.3 TYPE C 32,37 N/A N/A View Details
TIER 3.1 TYPE A 41 N/A N/A View Details
TIER 3.1 TYPE B 42, 44, 46, 48 42 48 View Details
TIER 3.1 TYPE C 43, 45, 47 43 47 View Details
TIER 3.2 TYPE B 50, 52, 54, 56 50 56 View Details
TIER 3.2 TYPE С 49, 51, 53, 55 49 55 View Details
TIER 3.3 57 N/A N/A View Details
TIER 3.4 58 N/A N/A View Details
TIER 3.5 59 N/A N/A View Details

Yearly Transactions and Sales

Transactions and Sales by Property Types

Price Per Square Feet "Sale"