1-bed · 1,078 sqftICONIC Tower by Mered, Dubai Internet City · 31st floor

3103, 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 3103 · DLD and Ejari recordsUpdated 6 November 2024
Last soldAED 3.9M6 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3103, ICONIC Tower by Mered

What is 3103 worth today?

Last sold for AED 3,899,208 in 2024

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6 Nov 2024Sold by developerOff-plan
AED 3,899,208AED 3,616 per sqft

Source: Dubai Land Department. Updated 6 November 2024.

Key facts

Type
1-bed apartment
Size
1,078 sqft
Floor
31st of 57
Parking
1
Developer
Mered Residences Real Estate
Last sold
AED 3.9M · November 2024

About 3103, ICONIC Tower by Mered

3103 is a one-bedroom apartment of 1,078 sqft on the 31st floor of ICONIC Tower by Mered, a 57-storey tower in Dubai Internet City by Mered Residences Real Estate . The developer sold it on 6 November 2024 for AED 3,899,208, or AED 3,616 per sqft, 13% above the AED 3,190 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3103 over time

Sales
Unit 3103, 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 3,899,208 (AED 3,616 per sqft)

3103 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 3103 sits

All 95 1-beds →

3103 last sold in November 2024 at AED 3,616 per sqft, 13% above what one-beds in ICONIC Tower by Mered were fetching at the time (AED 3,190). 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 31st floor

All 188 units in ICONIC Tower by Mered
Value
31012-bedAED 4.18M · Nov 2025
31044-bedAED 8.69M · Feb 2025

3103, ICONIC Tower by Mered in numbers

  • Sold once: by Mered Residences Real Estate on 6 November 2024 for AED 3,899,208, or AED 3,616 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 6 November 2024.

Questions about 3103, ICONIC Tower by Mered

What did unit 3103 last sell for?

AED 3,899,208 on 6 November 2024, sold by the developer: AED 3,616 per sqft for 1,078 sqft. It is the only registered sale of the unit.

How big is unit 3103?

1,078 sqft (100.1 sqm): a one-bedroom apartment on the 31st floor of a 57-storey tower.

What is unit 3103 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 3103, ICONIC Tower by Mered

Starts from the last sale price (AED 3.9M, 6 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,899,208
Deposit, UAE resident (20%)
AED 779,842
Deposit, non-resident (40%)
AED 1,559,683
Monthly over 25 years at 3.7%
AED 15,953

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