Iconic

Mered · Dubai Internet City · 319 homes · Under construction

A Mered project under construction in Dubai Internet City: 319 homes, 35% built, with completion promised for Q1 2028 on the register. Registered off-plan sales from Jul 2025 to Jun 2026 had a median of AED 3,812 per sqft, 11% above the launch quarter.

Updated 27 Oct 2026
Due Q1 202835% built, as reported to the register
319 homes1, 2, 3 and 4+ bedrooms
Dubai Internet CityDubai Land Department project 2865

Prices. Quarter by quarter since launch.

Launch quarter, Q4 2024AED 3,426/sqft
Median paid, Q2 2026AED 3,961/sqft
Sales, Jul 2025 to Jun 202663
Median paidLatest quarterLaunch quarter AED 3,426
3,0003,5004,000Q4 24: AED 3,426/sqft, 15 salesQ1 25: AED 3,139/sqft, 63 salesQ2 25: AED 3,494/sqft, 20 salesQ3 25: AED 3,876/sqft, 18 salesQ4 25: AED 3,616/sqft, 21 salesQ1 26: AED 4,000/sqft, 13 salesQ2 26: AED 3,961/sqft, 11 salesQ4 24Q2 25Q4 25Q2 26
Every quarter as a table
QuarterMedian AED/sqftSales
Q4 20243,42615
Q1 20253,13963
Q2 20253,49420
Q3 20253,87618
Q4 20253,61621
Q1 20264,00013
Q2 20263,96111

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs today. Launch to today.

At launchTodayHandoverQ1 202835% builtunder constructionPrice / sqftAED 3,426AED 3,812+11% on launch, off-plan median
Against the area. Median paid.
Iconic3,812

3% over the Dubai Internet City median.

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When will Iconic be completed?

The register declares completion for Q1 2028, and the project is reported 35% built.

What do homes in Iconic sell for?

From Jul 2025 to Jun 2026, 63 homes sold on the register at a median of AED 3,812 per sqft and AED 5.3M per home. By unit type: 1 BR AED 3.9M (21 sales), 2 BR AED 6.25M (30 sales), 4+ BR AED 10.3M (8 sales). These are registered deeds, not the developer's price list.

Who built Iconic?

Mered. The project is registered to Mered on the Dubai Land Department register, which lists 1 project for the developer in Dubai, 1 of them under construction.

How many homes are in Iconic?

319, as counted on the Dubai Land Department register. The declared mix: 144 1 BR, 124 2 BR, 9 3 BR, 33 4+ BR.

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