Developer: Mered · Dubai Media City

Iconic Tower

Iconic Tower is a residential project by Mered in Dubai Media City, Dubai, with prices from AED 2 500 000, handover Q1 2028, construction 34.9% complete per the DLD registry, 319 units, 191 DLD-registered sales since 2023.

Price fromAED 2 500 000Developer supplied
HandoverQ1 2028Developer supplied
Construction34.9%DLD registry · checked 11.08.2026
Units319DLD registry
DLD sales191 since 2023DLD registry
Median sale priceAED 37 381/m²Our calculation
Mortgage~AED 10 560/moOur calculation

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

Layouts and sizes

TypeUnitsTypical size, sq.ft
1 Bedroom144865–1 173
2 Bedroom1241 283–2 364
3 Bedroom92 305–4 359
4 Bedroom332 516–2 792
Other units9457–4 275

Size range excludes the smallest and largest 5% of units of each type.

All units are freehold. Data from the DLD registry.

Payment plan 50/50

The purchase price is split into these stages.

15%Down payment
245%During construction
350%On handover

The exact schedule is confirmed in the sale agreement for the selected unit.

Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Indicative monthly payment for prices from 2 500 000 AED is 10 557 AED.

Calculate mortgage

Estimates only; not a bank approval.

Handover date & construction progress

34.86%
  • StatusActive
  • Construction started30.09.2024
  • HandoverQ1 2028
  • Status date11.08.2026
  • Progress between DLD inspections+5.83% (30.04.2026 → 11.08.2026)
  • Escrow bankMashreq Bank
  • DLD project number2865

Data from the Dubai Land Department project registry (updated 07.10.2026 09:55).

Inspection history 10
025507510007.12.202311.08.2026
Actual, per inspections

Pace: 1.68% per month. At this rate 100% falls on 05.11.2029.

The pace is calculated from the past year of inspections. It is an estimate, not a developer commitment. For reference: across 1,175 completed projects the median pace is 2.48% per month and the median build takes 40 months.

Construction progress 97
11.08.2026 34.86%
Iconic Tower, Dubai Media City construction progress — 11 August 2026, 34.86% complete, photo 1 of 7Iconic Tower, Dubai Media City construction progress — 11 August 2026, 34.86% complete, photo 2 of 7Iconic Tower, Dubai Media City construction progress — 11 August 2026, 34.86% complete, photo 3 of 7Iconic Tower, Dubai Media City construction progress — 11 August 2026, 34.86% complete, photo 4 of 7Iconic Tower, Dubai Media City construction progress — 11 August 2026, 34.86% complete, photo 5 of 7Iconic Tower, Dubai Media City construction progress — 11 August 2026, 34.86% complete, photo 6 of 7Iconic Tower, Dubai Media City construction progress — 11 August 2026, 34.86% complete, photo 7 of 7
30.04.2026 29.03%
Iconic Tower, Dubai Media City construction progress — 30 April 2026, 29.03% complete, photo 1 of 18Iconic Tower, Dubai Media City construction progress — 30 April 2026, 29.03% complete, photo 2 of 18Iconic Tower, Dubai Media City construction progress — 30 April 2026, 29.03% complete, photo 3 of 18Iconic Tower, Dubai Media City construction progress — 30 April 2026, 29.03% complete, photo 4 of 18Iconic Tower, Dubai Media City construction progress — 30 April 2026, 29.03% complete, photo 5 of 18Iconic Tower, Dubai Media City construction progress — 30 April 2026, 29.03% complete, photo 6 of 18Iconic Tower, Dubai Media City construction progress — 30 April 2026, 29.03% complete, photo 7 of 18Iconic Tower, Dubai Media City construction progress — 30 April 2026, 29.03% complete, photo 8 of 18Iconic Tower, Dubai Media City construction progress — 30 April 2026, 29.03% complete, photo 9 of 18Iconic Tower, Dubai Media City construction progress — 30 April 2026, 29.03% complete, photo 10 of 18Iconic Tower, Dubai Media City construction progress — 30 April 2026, 29.03% complete, photo 11 of 18Iconic Tower, Dubai Media City construction progress — 30 April 2026, 29.03% complete, photo 12 of 18Iconic Tower, Dubai Media City construction progress — 30 April 2026, 29.03% complete, photo 13 of 18Iconic Tower, Dubai Media City construction progress — 30 April 2026, 29.03% complete, photo 14 of 18Iconic Tower, Dubai Media City construction progress — 30 April 2026, 29.03% complete, photo 15 of 18Iconic Tower, Dubai Media City construction progress — 30 April 2026, 29.03% complete, photo 16 of 18Iconic Tower, Dubai Media City construction progress — 30 April 2026, 29.03% complete, photo 17 of 18Iconic Tower, Dubai Media City construction progress — 30 April 2026, 29.03% complete, photo 18 of 18
23.01.2026 24.38%
Iconic Tower, Dubai Media City construction progress — 23 January 2026, 24.38% complete, photo 1 of 11Iconic Tower, Dubai Media City construction progress — 23 January 2026, 24.38% complete, photo 2 of 11Iconic Tower, Dubai Media City construction progress — 23 January 2026, 24.38% complete, photo 3 of 11Iconic Tower, Dubai Media City construction progress — 23 January 2026, 24.38% complete, photo 4 of 11Iconic Tower, Dubai Media City construction progress — 23 January 2026, 24.38% complete, photo 5 of 11Iconic Tower, Dubai Media City construction progress — 23 January 2026, 24.38% complete, photo 6 of 11Iconic Tower, Dubai Media City construction progress — 23 January 2026, 24.38% complete, photo 7 of 11Iconic Tower, Dubai Media City construction progress — 23 January 2026, 24.38% complete, photo 8 of 11Iconic Tower, Dubai Media City construction progress — 23 January 2026, 24.38% complete, photo 9 of 11Iconic Tower, Dubai Media City construction progress — 23 January 2026, 24.38% complete, photo 10 of 11Iconic Tower, Dubai Media City construction progress — 23 January 2026, 24.38% complete, photo 11 of 11

61 more photos in the DLD register

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
30.09.20262 BR221.27 592 381
29.09.20264 BR251.210 550 004
22.09.20261 BR80.73 895 111
16.09.20262 BR148.65 615 099
27.08.20261 BR109.04 391 020
13.08.20262 BR219.68 447 755
31.07.20261 BR103.05 284 375
26.06.20261 BR81.33 580 958
17.06.20262 BR149.45 865 222
04.06.20261 BR80.73 841 359
04.06.20262 BR149.87 448 750
03.06.20261 BR110.34 200 000
02.06.20262 BR123.25 004 334
01.05.20262 BR152.17 781 428
01.05.20261 BR81.33 464 430
29.04.20261 BR110.33 297 128
27.04.20262 BR123.24 259 717
03.04.20261 BR103.04 976 995
10.03.20261 BR100.24 779 699
10.03.20261 BR101.74 098 836

Dubai Land Department transaction registry, updated 06.10.2026. Explore Dubai property transactions →

Registered transactions in Iconic Tower

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

191deals since 2023
37 381AED per m², median
1%resale, the rest bought from the developer
+11%over the past year

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved 0% over the same period, so the building grew faster.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
1 bedroom1003 480 79734 80897
2 bedrooms1505 702 46638 01674
3 bedrooms2148 786 65741 0598
4 bedrooms2539 948 78239 32311

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

How the price per square metre moved

From 2024 to 2026 — +16% on the price per square metre in this building. The district moved -21% over the same period, so the building outpaced the market.

36 8792024——
36 7422025——
42 6702026*——

Top to bottom: purchase price per m², year, annual rent per m², gross yield.

All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.

* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

How much is your property in Iconic Tower worth?

DLD has recorded 191 sales in this building since 2023, 1 of them resales. We compare your unit with sales of the same layout here, not with asking prices. Free, reply within 24 hours.

By submitting the form you agree to the processing of your contact details.

Amenities

  • Kids play area
  • Kids pool
  • Main pool
  • Pool bar
  • Private lounge
  • Private dining room
  • Yoga practice studio
  • Equipped gym
  • Private cinema
  • Dining room
  • Outdoor BBQ
  • Reception and lounge
  • Infinity pool
  • Lounge bar
  • Outdoor terraces
  • Jacuzzi
  • Sauna
  • Steam baths
  • Spa
  • Pool deck lounge
  • Lounge and relax area
  • Electric vehicle charging stations
  • Private parking boxes with A/C

What is nearby

  • Dubai Mall25 мин
  • Emirates Golf Club10 мин
  • Palm Jumeirah5 мин
Iconic Tower

About the project

Iconic Tower is an active residential project by Mered in Dubai Media City. The development is recorded with 319 units in one building, and its construction completion ratio is 34.86%. Completion is scheduled for Q1 2028.

The tower and its design

Iconic Tower is planned as a G+66 residential tower with six podium floors and five levels of parking. Its architecture and interiors are designed by Pininfarina, with the project’s design drawing on the forms of sand dunes and sea waves. The building includes residential floors, a penthouse level and dedicated amenity areas. Views identified for the development include Palm Jumeirah, Burj Al Arab, Jumeirah III, Burj Khalifa and Downtown Dubai, Dubai Marina, Bluewaters and Emirates Golf Club. Residences are described with wood and marble finishes, while balconies and terraces are planned with sea views.

Homes at Iconic Tower

The project includes studios, one-bedroom, two-bedroom, three-bedroom and four-bedroom apartments, together with a penthouse. The development is described as having 310 apartment units and one penthouse, while the registered total unit count is 319. Available one-bedroom apartment sizes are stated from 858 to 1,100 sq ft. Two-bedroom apartments range from 1,319 to 2,277 sq ft, and three-bedroom apartments range from 2,496 to 2,752 sq ft. The building is planned to include one penthouse alongside its apartment collection.

Resident amenities

Two floors are dedicated to resident amenities. Family-oriented facilities include a kids’ play area, kids’ pool, main pool and pool bar. Indoor spaces include a private lounge, private dining room, dining room, yoga practice studio, equipped gym, private cinema, reception and lounge. The upper amenity offering includes an infinity pool, lounge bar, outdoor terraces, Jacuzzi, sauna, steam baths, spa, pool-deck lounge and lounge and relaxation area. An outdoor BBQ area is also included. The amenity collection combines pool, wellness, fitness, dining and leisure spaces within the tower.

Parking and on-site facilities

Iconic Tower includes 423 parking spaces. Eighteen VIP parking boxes with air conditioning are planned, and electric vehicle charging stations form part of the parking provision. The building is also designed with 15,000 sq ft of retail space. Parking is arranged across five levels, while the broader structure includes a basement, ground floor, five parking podium levels, 60 residential floors, a mechanical floor and a roof. These components form the single-building development registered in Al Safouh Second.

Dubai Media City setting

Iconic Tower is located in Dubai Media City, within the Al Sufouh Second area. Dubai Media City is a business district and free zone focused on media, advertising and information-technology companies. The district is positioned between Dubai Marina and Al Sufouh and has direct road access to Sheikh Zayed Road. Nearby destinations identified for the project include Palm Jumeirah in 5 minutes, Dubai Golf Club in 9 minutes, Jebel Ali Horse Race Course in 11 minutes, Bluewaters Island in 15 minutes, Skydive Dubai in 19 minutes and Downtown Dubai in 25 minutes.

Payment plan and completion

Prices at Iconic Tower start from AED 2.5 million. The payment plan is structured as 50/50: 5% is due on booking, 45% is due during construction and 50% is due on handover. The project start date is recorded as 30 September 2024. Its current status is active, with a recorded construction completion ratio of 34.86% following the inspection dated 11 August 2026. The registered completion date is 28 February 2028, corresponding with the stated Q1 2028 handover period.

The developer

Iconic Tower is developed by Mered. The project is associated with Mered Residences Real Estate L.L.C. as the registered developer entity. Mered’s development is positioned in Dubai Media City and combines apartments, a penthouse, retail space, parking and two amenity floors in one residential tower. Pininfarina is responsible for the architecture and interiors of Iconic Tower.

Frequent questions

Who is the developer of Iconic Tower?
Iconic Tower is developed by Mered. The registered developer entity is Mered Residences Real Estate L.L.C.
Where is Iconic Tower located?
Iconic Tower is located in Dubai Media City, in the Al Safouh Second area.
What is the starting price at Iconic Tower?
Prices start from AED 2.5 million.
When is Iconic Tower due for handover?
Handover is scheduled for Q1 2028. The registered completion date is 28 February 2028.
What is the Iconic Tower payment plan?
The payment plan is 50/50, with 5% on booking, 45% during construction and 50% on handover.
What is the construction status of Iconic Tower?
The project is active and has a recorded completion ratio of 34.86%. The inspection date is 30 April 2026.
What apartment types are available at Iconic Tower?
The development includes studios and one-, two-, three- and four-bedroom apartments, as well as a penthouse.
What amenities are planned at Iconic Tower?
Amenities include kids’ facilities, pools, a gym, yoga studio, private cinema, spa, sauna, steam baths, Jacuzzi, lounges, dining spaces and outdoor terraces.
What is near Iconic Tower?
Palm Jumeirah is listed at 5 minutes, Dubai Golf Club at 9 minutes, Bluewaters Island at 15 minutes and Downtown Dubai at 25 minutes.
How can I buy an apartment in Iconic Tower?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

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How to cite:Iconic Tower — Continental Club Property, from Dubai Land Department registry and developer data, 2026-09-29, https://continentalclub.ae/project/iconic-tower-dubai-media-city/