1605, ICONIC Tower by Mered
Sold prices and rental history: sold once, by the developer in December 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 1605, ICONIC Tower by Mered
What is 1605 worth today?
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Source: Dubai Land Department. Updated 12 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,110 sqft
- Floor
- 16th of 57
- Parking
- 1
- Developer
- Mered Residences Real Estate
- Last sold
- AED 3.5M · December 2024
- Building
- ICONIC Tower by Mered
About 1605, ICONIC Tower by Mered
1605 is a one-bedroom apartment of 1,110 sqft on the 16th floor of ICONIC Tower by Mered, a 57-storey tower in Dubai Internet City by Mered Residences Real Estate . The developer sold it on 12 December 2024 for AED 3,504,495, or AED 3,158 per sqft, in line with the AED 3,174 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1605 over time
1605 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 1605 sits
All 78 1-beds →1605 last sold in December 2024 at AED 3,158 per sqft, in line with what one-beds in ICONIC Tower by Mered were fetching at the time (AED 3,174). 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 16th floor
All 148 units in ICONIC Tower by Mered1605, ICONIC Tower by Mered in numbers
- Sold once: by Mered Residences Real Estate on 12 December 2024 for AED 3,504,495, or AED 3,158 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 12 December 2024.
Questions about 1605, ICONIC Tower by Mered
What did unit 1605 last sell for?
AED 3,504,495 on 12 December 2024, sold by the developer: AED 3,158 per sqft for 1,110 sqft. It is the only registered sale of the unit.
How big is unit 1605?
1,110 sqft (103.1 sqm): a one-bedroom apartment on the 16th floor of a 57-storey tower.
What is unit 1605 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.
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Mortgage on 1605, ICONIC Tower by Mered
Starts from the last sale price (AED 3.5M, 12 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,504,495
- Deposit, UAE resident (20%)
- AED 700,899
- Deposit, non-resident (40%)
- AED 1,401,798
- Monthly over 25 years at 3.7%
- AED 14,338
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →