1702, ICONIC Tower by Mered
Sold prices and rental history: sold once, by the developer in December 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 1702, ICONIC Tower by Mered
What is 1702 worth today?
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Source: Dubai Land Department. Updated 29 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,535 sqft
- Floor
- 17th of 57
- Parking
- 1
- Developer
- Mered Residences Real Estate
- Last sold
- AED 5.92M · December 2025
- Building
- ICONIC Tower by Mered
About 1702, ICONIC Tower by Mered
1702 is a two-bedroom apartment of 1,535 sqft on the 17th floor of ICONIC Tower by Mered, a 57-storey tower in Dubai Internet City by Mered Residences Real Estate . The developer sold it on 29 December 2025 for AED 5,920,542, or AED 3,856 per sqft, 12% above the AED 3,428 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1702 over time
1702 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 1702 sits
All 74 2-beds →1702 last sold in December 2025 at AED 3,856 per sqft, 12% above what two-beds in ICONIC Tower by Mered were fetching at the time (AED 3,428). 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 | ||
| 17 Jun 202617 June 2026 | 1,608 sqft | 5,865,223 | 3,648 |
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 17th floor
All 188 units in ICONIC Tower by Mered1702, ICONIC Tower by Mered in numbers
- Sold once: by Mered Residences Real Estate on 29 December 2025 for AED 5,920,542, or AED 3,856 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 29 December 2025.
Questions about 1702, ICONIC Tower by Mered
What did unit 1702 last sell for?
AED 5,920,542 on 29 December 2025, sold by the developer: AED 3,856 per sqft for 1,535 sqft. It is the only registered sale of the unit.
How big is unit 1702?
1,535 sqft (142.6 sqm): a two-bedroom apartment on the 17th floor of a 57-storey tower.
What is unit 1702 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 1702, ICONIC Tower by Mered
Starts from the last sale price (AED 5.92M, 29 December 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 5,920,542
- Deposit, UAE resident (20%)
- AED 1,184,108
- Deposit, non-resident (40%)
- AED 2,368,217
- Monthly over 25 years at 3.7%
- AED 24,223
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →