Iconic Tower by MERED

Iconic Tower is a premium complex that features a collection of luxury residences with 1-3 bedrooms by international developer MERED. The project's design will be carried out by specialists from the Italian company Pininfarina. The project is being built near Sheikh Zayed Road, in Dubai Internet City.

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$ 780 000
Starting price
Q3 2027
Completion
50/50
Payment Plan
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About the project

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luxury high-rise complex

Iconic Tower in Dubai Internet City

Iconic Tower is a new tower by MERED. The luxurious high-rise complex is located in Dubai Internet City, in the Al Sufouh 2 area. The interiors are being designed by specialists from the Italian company Pininfarina, known for their projects around the world. Construction is planned to be completed in August 2027.

The premium tower will rise to 67 floors. There will be various residences on 59 levels: apartments with 1-3 bedrooms, an elite penthouse, and two premium-class apartments. The living area of the properties ranges from 80 sqm to 1,670 sqm.

All residences are presented with at least one private balcony, an open equipped kitchen, built-in wardrobes in the bedrooms, and walk-in closets in the master bedrooms. Among the 2-3 bedroom apartments, there are options with a semi-closed kitchen layout. The three-bedroom residences also include a maid's room.

Two premium corner residences with three bedrooms will be located on the 57th floor. The only penthouse will be situated on the 58th and 59th floors and will include additional living and leisure areas.

The interior design combines elegance and technology, with branded elements, pastel shades, and vibrant accents. Fashionable hardware and traditional natural materials such as marble, ceramic tiles, and parquet flooring blend classic and modern styles.

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Key Advantages

The Iconic Tower complex offers residents a variety of amenities: an infinity pool with a view of the bay, lounge areas, barbecue areas, and open terraces. The complex also includes areas for yoga, a spacious gym, jacuzzi, sauna, and steam rooms. You can watch a movie in a private cinema. There is a playroom for children. On several levels of the podium and in the common areas at the height of the 40th floor, there will be cafes, commercial spaces, a restaurant, a conference room, a bar, and more.

  • infinity pool with bay views
  • lounge areas
  • barbecue areas
  • open terraces
  • yoga zones
  • gym
  • jacuzzi
  • sauna and steam rooms
  • private cinema
  • cafe
  • learn more

On five levels of the podium, there will be a parking lot for 423 cars.

The tower is being built in a location with a well-developed ground public transport system and a Dubai Internet City metro station. It can be reached within a 15-minute walk.

The nearest medical facilities, American Hospital Dubai and Prime Medical Center - Barsha Heights, are within a 5-10 minute drive from the project.

The iCademy Middle East school, operating on the American national system, can be reached in a five-minute drive. The little ones up to three years old will enjoy the British Orchard Nursery - Media City, just a few minutes' walk from the tower.

In December 2023, the minimum cost for a one-bedroom apartment in the Iconic Tower complex is AED 2.6 million (USD 708 thousand).

Infrastructure

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The real estate in Iconic Tower is located in Dubai Internet City, making it a comfortable place to live alone or with a family. Here you can find various shops, hotels, innovation centers, fitness centers, and spa salons.

You can reach Sufouh Beach on the Arabian Gulf coast in 5-10 minutes by car. It takes 10 minutes to drive to the prestigious Emirates Golf Club.

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Floor plans

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Location

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5-15 minutes

Dubai Media City Park, Palm Jumeirah, Dubai Marina Walk

20-40 minutes

DIFC, Downtown Dubai, Dubai International Airport (DXB)

The luxurious Iconic Tower will be built next to Sheikh Zayed Road, providing excellent transportation links to areas such as Dubai Marina and Dubai Media City. In the coastal area, you can take a walk along the Dubai Marina Walk, and in Dubai Media City, you can visit Dubai Media City Park, where the Media City Amphitheatre, promenade areas, fountains, and lake are located.

On Dubai's main highway, you can reach other locations in the city and even neighboring emirates. It will take 10 minutes by car to reach Nakheel Mall, located on the "trunk" of the Palm Jumeirah complex. The whole family can enjoy a pleasant time at Aquaventure Waterpark, a 15-minute drive from the project. Another popular water park, AquaFun Water Park, is located 20 minutes away.

You can reach Dubai Mall, Burj Khalifa skyscraper, and business districts such as Business Bay and DIFC in half an hour. The journey to Dubai International Airport (DXB) will take about 40 minutes, and to Al Maktoum International Airport, it will take a 50-minute drive.

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advantages of the purchase

Economic Attractiveness

Real estate in the Iconic Tower will be a great choice for those who want to live in luxurious apartments with premium design. The project will interest those who are looking for a home in the center of the metropolis - employees of companies, freelancers working in the Dubai Media City and Dubai Internet City free zones, and families with or without children.

Well-thought-out layouts, a wide range of amenities, and a convenient location near the main thoroughfare of the emirate are attractive to tenants. Investors will be able to generate income by renting out property in the Iconic Tower. By the end of 2023, the average cost for one-bedroom apartments in Dubai Internet City is AED 110,000 (USD 30,000). A return on investment of 6.4% can be expected.

Handover of the property to the owners is planned for August 2027. While the project is still under construction, the developer offers comfortable installment plans with a payment schedule of 50/50.

UAE residency visa

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Once the complex is ready for occupancy, foreign buyers will be able to obtain a resident visa for purchasing real estate. Owners will have access to long-term residency for 10 years, which extends to their family and domestic staff.

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Marina Mikhalenko

Senior Property Consultant – Metropolitan Premium Properties

location
36-38 Floor, Al Salam Tecom Tower, Dubai, UAE
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Marina Mikhalenko

Chief Real Estate Investment Expert at Metropolitan Premium Properties

location
36-38 Floor, Al Salam Tecom Tower, Dubai, UAE
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Consult with an expert

Our experts will help you choose the best option. You will receive the full information about the unit you are interested in and the available layouts

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