Project · Dubai property data · records to 2026-10-02

Iconic property prices & sales

Site A · Al Safouh Second · Mered Residences Real Estate L.L.C · Nearest metro: Dubai Internet City
AED 3,743Median price per sq ft (12m)
+11.5% YoY
50Sales last 12 months
-56.9% YoY
AED 5.13MMedian sale price (12m)
–Median annual rent (12m)
–Gross yield (indicative)
100.0%Off-plan share (12m)

Iconic at a glance written from registered records

Iconic recorded 50 registered sales in the last 12 months, worth AED 301.91M in total. The median price was AED 3,743 per sq ft, up 11.5% on the previous 12 months, and the median sale price was AED 5.13M. 100.0% of these sales were off-plan and 0.0% were ready properties.

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Median price per sq ft by year registered sales

YearSalesMedian AED/sq ftMedian price
2026303,963AED 4.99M
20251213,404AED 4.19M
2024383,418AED 3.82M

Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter

TypeSalesEntryTypicalPremiumAED/sq ftTypical size
1 B/R80AED 2.49MAED 3.46MAED 3.85M3,3561,071 sq ft
2 B/R67AED 5.13MAED 5.67MAED 6.88M3,5631,612 sq ft
4 B/R11AED 9.38MAED 9.95MAED 10.75M3,6532,723 sq ft
3 B/R8AED 8.15MAED 8.52MAED 10.09M3,6332,305 sq ft

Who's buying last 12 months

Off‑plan 100.0%Ready 0.0%

Latest registered sales

DateTypeBedsBuildingSq ftPriceAED/sq ft
2026-09-30Unit2 B/RIconic2,381AED 7,592,3813,188
2026-09-22Unit1 B/RIconic869AED 3,895,1114,484
2026-09-16Unit2 B/RIconic1,599AED 5,615,0993,511
2026-08-27Unit1 B/RIconic1,173AED 4,391,0203,743
2026-08-13Unit2 B/RIconic2,364AED 8,447,7553,574
2026-07-31Unit1 B/RIconic1,108AED 5,284,3754,767

The full report lists every registered sale, with filters by bedroom and date. Open it free.

Questions about Iconic

What is the average price per sq ft in Iconic?

Over the last 12 months the median registered sale price in Iconic was AED 3,743 per sq ft (+11.5% year on year).

How many properties sold in Iconic in the last 12 months?

50 sales were registered in the last 12 months, 100.0% of them off-plan.

Comparables in Site A 12m

Iconic ranks #1 of 4 by price per sq ft.

ProjectSalesAED/sq ft
Iconic503,743
The S Tower93,123
Damac Casa473,043
Cavalli Casa Tower272,701

Project record

DeveloperMered Residences Real Estate L.L.C
StatusActive
Completion20.0%
Units319

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Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.