1503, ICONIC Tower by Mered
Sold prices and rental history: sold once, by the developer in March 2025, 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 1503, ICONIC Tower by Mered
What is 1503 worth today?
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Source: Dubai Land Department. Updated 2 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,107 sqft
- Floor
- 15th of 57
- Parking
- 1
- Developer
- Mered Residences Real Estate
- Last sold
- AED 3.47M · March 2025
- Building
- ICONIC Tower by Mered
About 1503, ICONIC Tower by Mered
1503 is a one-bedroom apartment of 1,107 sqft on the 15th floor of ICONIC Tower by Mered, a 57-storey tower in Dubai Internet City by Mered Residences Real Estate . The developer sold it on 2 March 2025 for AED 3,470,902, or AED 3,134 per sqft, 9% above the AED 2,875 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1503 over time
1503 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 1503 sits
All 95 1-beds →1503 last sold in March 2025 at AED 3,134 per sqft, 9% above what one-beds in ICONIC Tower by Mered were fetching at the time (AED 2,875). Over the last 12 months one-beds sold for AED 3,297,128 to 4,976,995, around AED 3,743 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Sep 202622 September 2026 | 869 sqft | 3,895,111 | 4,484 | ||
| 27 Aug 202627 August 2026 | 1,173 sqft | 4,391,020 | 3,743 | ||
| 25 Jun 202625 June 2026 | 875 sqft | 3,580,958 | 4,094 | ||
| 4 Jun 20264 June 2026 | 869 sqft | 3,841,359 | 4,422 |
ICONIC Tower by Mered
Building188 apartments, 1-bed to 4-bed over 57 floors in Dubai Internet City by Mered Residences Real Estate . 45 sold in the last 12 months.
- Typical price per sqft
- AED 3,773 Up 14.1%
- Typical sale
- AED 5.3M
- Typical rent
- Few contracts
- Typical yield
Other units on the 15th floor
All 188 units in ICONIC Tower by Mered| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 866 sqft | AED 2.46MAED 2,463,331 · Feb 2025February 2025 | ||
| 1502 | 2-bed | 1,599 sqft | AED 5.46MAED 5,458,687 · Mar 2025March 2025 | ||
| 1504 | 1-bed | 1,095 sqft | AED 3.76MAED 3,759,775 · Apr 2024April 2024 | ||
| 1505 | 1-bed | 1,173 sqft | AED 4.39MAED 4,391,020 · Aug 2026August 2026 | ||
| 1506 | 2-bed | 1,607 sqft | AED 5.75MAED 5,750,580 · Dec 2025December 2025 | ||
| 1507 | 1-bed | 864 sqft | AED 2.39MAED 2,385,772 · Jul 2024July 2024 |
1503, ICONIC Tower by Mered in numbers
- Sold once: by Mered Residences Real Estate on 2 March 2025 for AED 3,470,902, or AED 3,134 per sqft.
- One-beds in ICONIC Tower by Mered sold for AED 3,297,128–4,976,995 in the 12 months to November 2026; the building's median across all types is AED 3,773 per sqft.
Source: Dubai Land Department. Updated 2 March 2025.
Questions about 1503, ICONIC Tower by Mered
What did unit 1503 last sell for?
AED 3,470,902 on 2 March 2025, sold by the developer: AED 3,134 per sqft for 1,107 sqft. It is the only registered sale of the unit.
How big is unit 1503?
1,107 sqft (102.8 sqm): a one-bedroom apartment on the 15th floor of a 57-storey tower.
What is unit 1503 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 3,297,128 to 4,976,995 in the last 12 months, around AED 3,743 per sqft.
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Mortgage on 1503, ICONIC Tower by Mered
Starts from the last sale price (AED 3.47M, 2 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,470,902
- Deposit, UAE resident (20%)
- AED 694,180
- Deposit, non-resident (40%)
- AED 1,388,361
- Monthly over 25 years at 3.7%
- AED 14,201
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →