1207, ICONIC Tower by Mered
Sold prices and rental history: sold once, by the developer in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1207, ICONIC Tower by Mered
What is 1207 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 864 sqft
- Floor
- 12th of 57
- Parking
- 1
- Developer
- Mered Residences Real Estate
- Last sold
- AED 2.34M · July 2024
- Building
- ICONIC Tower by Mered
About 1207, ICONIC Tower by Mered
1207 is a one-bedroom apartment of 864 sqft on the 12th floor of ICONIC Tower by Mered, a 57-storey tower in Dubai Internet City by Mered Residences Real Estate . The developer sold it on 15 July 2024 for AED 2,335,406, or AED 2,701 per sqft, 18% below the AED 3,297 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1207 over time
1207 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in ICONIC Tower by Mered, and where 1207 sits
All 78 1-beds →1207 last sold in July 2024 at AED 2,701 per sqft, 18% below what one-beds in ICONIC Tower by Mered were fetching at the time (AED 3,297). Over the last 12 months one-beds sold for AED 3,705,374, around AED 3,275 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jul 202530 July 2025 | 1,095 sqft | 3,690,399 | 3,370 | ||
| 27 Jul 202527 July 2025 | 875 sqft | 3,464,063 | 3,960 | ||
| 15 Jul 202515 July 2025 | 871 sqft | 3,421,203 | 3,926 | ||
| 4 Jul 20254 July 2025 | 1,078 sqft | 4,572,344 | 4,240 |
ICONIC Tower by Mered
Building148 apartments, 1-bed to 4-bed over 57 floors in Dubai Internet City by Mered Residences Real Estate . 5 sold in the last 12 months.
- Typical price per sqft
- AED 3,537
- Typical sale
- AED 7.24M
- Typical rent
- Few contracts
- Typical yield
Other units on the 12th floor
All 148 units in ICONIC Tower by Mered1207, ICONIC Tower by Mered in numbers
- Sold once: by Mered Residences Real Estate on 15 July 2024 for AED 2,335,406, or AED 2,701 per sqft.
- One-beds in ICONIC Tower by Mered sold for AED 3,705,374–3,705,374 in the 12 months to November 2026; the building's median across all types is AED 3,537 per sqft.
Source: Dubai Land Department. Updated 15 July 2024.
Questions about 1207, ICONIC Tower by Mered
What did unit 1207 last sell for?
AED 2,335,406 on 15 July 2024, sold by the developer: AED 2,701 per sqft for 864 sqft. It is the only registered sale of the unit.
How big is unit 1207?
864 sqft (80.3 sqm): a one-bedroom apartment on the 12th floor of a 57-storey tower.
What is unit 1207 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in ICONIC Tower by Mered sold for AED 3,705,374 to 3,705,374 in the last 12 months, around AED 3,275 per sqft.
Selling 1207? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1207, ICONIC Tower by Mered
Starts from the last sale price (AED 2.34M, 15 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,335,406
- Deposit, UAE resident (20%)
- AED 467,081
- Deposit, non-resident (40%)
- AED 934,162
- Monthly over 25 years at 3.7%
- AED 9,555
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →