2-bed · 1,600 sqftICONIC Tower by Mered, Dubai Internet City · 23rd floor

2302, ICONIC Tower by Mered

Sold prices and rental history: sold once, by the developer in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 25 June 2024
Last soldAED 5.91M25 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2302, ICONIC Tower by Mered

What is 2302 worth today?

Last sold for AED 5,912,751 in 2024

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25 Jun 2024Sold by developerOff-plan
AED 5,912,751AED 3,695 per sqft

Source: Dubai Land Department. Updated 25 June 2024.

Key facts

Type
2-bed apartment
Size
1,600 sqft
Floor
23rd of 57
Parking
1
Developer
Mered Residences Real Estate
Last sold
AED 5.91M · June 2024

About 2302, ICONIC Tower by Mered

2302 is a two-bedroom apartment of 1,600 sqft on the 23rd floor of ICONIC Tower by Mered, a 57-storey tower in Dubai Internet City by Mered Residences Real Estate. The developer sold it on 25 June 2024 for AED 5,912,751, or AED 3,695 per sqft, 6% above the AED 3,491 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2302 over time

Sales
Unit 2302, each saleTypical two-bed in ICONIC Tower by Mered
5.5M5.75M202420252026Typical sale price by year: 2024 AED 5,850,572; 2025 AED 5,458,687Sold by developer, June 2024: AED 5,912,751 (AED 3,695 per sqft)

2302 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 2302 sits

All 45 2-beds →

2302 last sold in June 2024 at AED 3,695 per sqft, 6% above what two-beds in ICONIC Tower by Mered were fetching at the time (AED 3,491). 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 salesUnit no.Price (AED)Summary
24 Jul 20256,580,680
23 Jul 20258,755,258
15 Jul 20259,534,640
4 Jul 20257,381,902
2 2-bed sales in the last 12 months

ICONIC Tower by Mered

Building

148 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
ICONIC Tower by Mered, Dubai Internet City: prices, sales and rents →

Other units on the 23rd floor

All 148 units in ICONIC Tower by Mered
Value
23031-bedAED 4.38M · Mar 2024
23041-bedAED 4.29M · Mar 2025
2305AED 8.26M · Nov 2025

2302, ICONIC Tower by Mered in numbers

  • Sold once: by Mered Residences Real Estate on 25 June 2024 for AED 5,912,751, or AED 3,695 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 25 June 2024.

Questions about 2302, ICONIC Tower by Mered

What did unit 2302 last sell for?

AED 5,912,751 on 25 June 2024, sold by the developer: AED 3,695 per sqft for 1,600 sqft. It is the only registered sale of the unit.

How big is unit 2302?

1,600 sqft (148.6 sqm): a two-bedroom apartment on the 23rd floor of a 57-storey tower.

What is unit 2302 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 2302, ICONIC Tower by Mered

Starts from the last sale price (AED 5.91M, 25 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,912,751
Deposit, UAE resident (20%)
AED 1,182,550
Deposit, non-resident (40%)
AED 2,365,100
Monthly over 25 years at 3.7%
AED 24,191

Plus AED 253,346 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →