1-bed · 1,071 sqftICONIC Tower by Mered, Dubai Internet City · 18th floor

1804, ICONIC Tower by Mered

Sold prices and rental history: sold once, by the developer in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1804 · DLD and Ejari recordsUpdated 29 November 2024
Last soldAED 3.4M29 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1804, ICONIC Tower by Mered

What is 1804 worth today?

Last sold for AED 3,400,000 in 2024

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29 Nov 2024Sold by developerOff-plan
AED 3,400,000AED 3,174 per sqft

Source: Dubai Land Department. Updated 29 November 2024.

Key facts

Type
1-bed apartment
Size
1,071 sqft
Floor
18th of 57
Parking
1
Developer
Mered Residences Real Estate
Last sold
AED 3.4M · November 2024

About 1804, ICONIC Tower by Mered

1804 is a one-bedroom apartment of 1,071 sqft on the 18th 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 November 2024 for AED 3,400,000, or AED 3,174 per sqft, in line with the AED 3,177 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1804 over time

Sales
Unit 1804, each saleTypical one-bed in ICONIC Tower by Mered
3.5M4M2024202520262027Typical sale price by year: 2024 AED 3,487,100; 2025 AED 3,220,132; 2026 AED 4,044,142Sold by developer, November 2024: AED 3,400,000 (AED 3,174 per sqft)

1804 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 1804 sits

All 95 1-beds →

1804 last sold in November 2024 at AED 3,174 per sqft, in line with what one-beds in ICONIC Tower by Mered were fetching at the time (AED 3,177). 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 salesUnit no.Price (AED)Summary
22 Sep 20263,895,111
27 Aug 20264,391,020
25 Jun 20263,580,958
4 Jun 20263,841,359
17 1-bed sales in the last 12 months

ICONIC Tower by Mered

Building

188 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
ICONIC Tower by Mered, Dubai Internet City: prices, sales and rents →

Other units on the 18th floor

All 188 units in ICONIC Tower by Mered
Value
18011-bedAED 2.3M · Nov 2024
18031-bedAED 3.75M · Feb 2025
18053-bedAED 8.79M · Jul 2025

1804, ICONIC Tower by Mered in numbers

  • Sold once: by Mered Residences Real Estate on 29 November 2024 for AED 3,400,000, or AED 3,174 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 29 November 2024.

Questions about 1804, ICONIC Tower by Mered

What did unit 1804 last sell for?

AED 3,400,000 on 29 November 2024, sold by the developer: AED 3,174 per sqft for 1,071 sqft. It is the only registered sale of the unit.

How big is unit 1804?

1,071 sqft (99.5 sqm): a one-bedroom apartment on the 18th floor of a 57-storey tower.

What is unit 1804 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 1804, ICONIC Tower by Mered

Starts from the last sale price (AED 3.4M, 29 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →