1602, ICONIC Tower by Mered
Sold prices and rental history: sold once, by the developer in June 2026, 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 1602, ICONIC Tower by Mered
What is 1602 worth today?
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Source: Dubai Land Department. Updated 17 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,608 sqft
- Floor
- 16th of 57
- Parking
- 1
- Developer
- Mered Residences Real Estate
- Last sold
- AED 5.87M · June 2026
- Building
- ICONIC Tower by Mered
About 1602, ICONIC Tower by Mered
1602 is a two-bedroom apartment of 1,608 sqft on the 16th floor of ICONIC Tower by Mered, a 57-storey tower in Dubai Internet City by Mered Residences Real Estate . The developer sold it on 17 June 2026 for AED 5,865,223, or AED 3,648 per sqft, 5% below the AED 3,856 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in ICONIC Tower by Mered, and where 1602 sits
All 74 2-beds →1602 last sold in June 2026 at AED 3,648 per sqft, 5% below what two-beds in ICONIC Tower by Mered were fetching at the time (AED 3,856). Over the last 12 months two-beds sold for AED 4,152,317 to 10,310,382, around AED 3,856 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 2,364 sqft | 8,840,000 | 3,739 | ||
| 15 Sep 202615 September 2026 | 1,599 sqft | 5,615,100 | 3,511 | ||
| 13 Aug 202613 August 2026 | 2,364 sqft | 8,447,756 | 3,573 | ||
| 4 Jun 20264 June 2026 | 1,612 sqft | 7,448,751 | 4,619 |
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 16th floor
All 188 units in ICONIC Tower by Mered| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 866 sqft | AED 2.45MAED 2,453,407 · Feb 2025February 2025 | ||
| 1604 | 1-bed | 1,095 sqft | AED 4.06MAED 4,060,372 · Dec 2025December 2025 | ||
| 1605 | 1-bed | 1,110 sqft | AED 3.5MAED 3,504,495 · Dec 2024December 2024 | ||
| 1606 | 2-bed | 1,599 sqft | AED 5.71MAED 5,712,875 · Mar 2025March 2025 | ||
| 1607 | 1-bed | 871 sqft | AED 2.68MAED 2,678,269 · Feb 2025February 2025 |
1602, ICONIC Tower by Mered in numbers
- Sold once: by Mered Residences Real Estate on 17 June 2026 for AED 5,865,223, or AED 3,648 per sqft.
- Two-beds in ICONIC Tower by Mered sold for AED 4,152,317–10,310,382 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 17 June 2026.
Questions about 1602, ICONIC Tower by Mered
What did unit 1602 last sell for?
AED 5,865,223 on 17 June 2026, sold by the developer: AED 3,648 per sqft for 1,608 sqft. It is the only registered sale of the unit.
How big is unit 1602?
1,608 sqft (149.4 sqm): a two-bedroom apartment on the 16th floor of a 57-storey tower.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in ICONIC Tower by Mered sold for AED 4,152,317 to 10,310,382 in the last 12 months, around AED 3,856 per sqft.
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Mortgage on 1602, ICONIC Tower by Mered
Starts from the last sale price (AED 5.87M, 17 June 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 5,865,223
- Deposit, UAE resident (20%)
- AED 1,173,045
- Deposit, non-resident (40%)
- AED 2,346,089
- Monthly over 25 years at 3.7%
- AED 23,996
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →