1706, ICONIC Tower by Mered
Sold prices and rental history: sold once, by the developer in May 2025, 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 1706, ICONIC Tower by Mered
What is 1706 worth today?
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Source: Dubai Land Department. Updated 15 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,276 sqft
- Floor
- 17th of 57
- Parking
- 1
- Developer
- Mered Residences Real Estate
- Last sold
- AED 4.11M · May 2025
- Building
- ICONIC Tower by Mered
About 1706, ICONIC Tower by Mered
1706 is a two-bedroom apartment of 1,276 sqft on the 17th 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 May 2025 for AED 4,112,118, or AED 3,223 per sqft, 6% below the AED 3,411 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1706 over time
1706 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in ICONIC Tower by Mered, and where 1706 sits
All 45 2-beds →1706 last sold in May 2025 at AED 3,223 per sqft, 6% below what two-beds in ICONIC Tower by Mered were fetching at the time (AED 3,411). Over the last 12 months two-beds sold for AED 4,152,317 to 7,235,803, around AED 3,837 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202524 July 2025 | 1,612 sqft | 6,580,680 | 4,081 | ||
| 23 Jul 202523 July 2025 | 2,364 sqft | 8,755,258 | 3,703 | ||
| 15 Jul 202515 July 2025 | 2,359 sqft | 9,534,640 | 4,041 | ||
| 4 Jul 20254 July 2025 | 1,612 sqft | 7,381,902 | 4,578 |
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 17th floor
All 148 units in ICONIC Tower by Mered1706, ICONIC Tower by Mered in numbers
- Sold once: by Mered Residences Real Estate on 15 May 2025 for AED 4,112,118, or AED 3,223 per sqft.
- Two-beds in ICONIC Tower by Mered sold for AED 4,152,317–7,235,803 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 May 2025.
Questions about 1706, ICONIC Tower by Mered
What did unit 1706 last sell for?
AED 4,112,118 on 15 May 2025, sold by the developer: AED 3,223 per sqft for 1,276 sqft. It is the only registered sale of the unit.
How big is unit 1706?
1,276 sqft (118.5 sqm): a two-bedroom apartment on the 17th floor of a 57-storey tower.
What is unit 1706 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in ICONIC Tower by Mered sold for AED 4,152,317 to 7,235,803 in the last 12 months, around AED 3,837 per sqft.
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Mortgage on 1706, ICONIC Tower by Mered
Starts from the last sale price (AED 4.11M, 15 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 4,112,118
- Deposit, UAE resident (20%)
- AED 822,424
- Deposit, non-resident (40%)
- AED 1,644,847
- Monthly over 25 years at 3.7%
- AED 16,824
Plus AED 177,719 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →