5601, 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 5601, ICONIC Tower by Mered
What is 5601 worth today?
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Source: Dubai Land Department. Updated 24 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 869 sqft
- Floor
- 56th of 57
- Parking
- 1
- Developer
- Mered Residences Real Estate
- Last sold
- AED 3.5M · December 2024
- Building
- ICONIC Tower by Mered
About 5601, ICONIC Tower by Mered
5601 is a one-bedroom apartment of 869 sqft on the 56th floor of ICONIC Tower by Mered, a 57-storey tower in Dubai Internet City by Mered Residences Real Estate . The developer sold it on 24 December 2024 for AED 3,500,000, or AED 4,029 per sqft, 27% above the AED 3,177 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 5601 over time
5601 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 5601 sits
All 78 1-beds →5601 last sold in December 2024 at AED 4,029 per sqft, 27% above what one-beds in ICONIC Tower by Mered were fetching at the time (AED 3,177). 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 56th floor
All 148 units in ICONIC Tower by Mered5601, ICONIC Tower by Mered in numbers
- Sold once: by Mered Residences Real Estate on 24 December 2024 for AED 3,500,000, or AED 4,029 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 24 December 2024.
Questions about 5601, ICONIC Tower by Mered
What did unit 5601 last sell for?
AED 3,500,000 on 24 December 2024, sold by the developer: AED 4,029 per sqft for 869 sqft. It is the only registered sale of the unit.
How big is unit 5601?
869 sqft (80.7 sqm): a one-bedroom apartment on the 56th floor of a 57-storey tower.
What is unit 5601 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 5601, ICONIC Tower by Mered
Starts from the last sale price (AED 3.5M, 24 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,500,000
- Deposit, UAE resident (20%)
- AED 700,000
- Deposit, non-resident (40%)
- AED 1,400,000
- Monthly over 25 years at 3.7%
- AED 14,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →