2-bed · 1,701 sqftICONIC Tower by Mered, Dubai Internet City · 32nd floor

3204, 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 3204 · DLD and Ejari recordsUpdated 8 November 2024
Last soldAED 5.83M8 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3204, ICONIC Tower by Mered

What is 3204 worth today?

Last sold for AED 5,829,511 in 2024

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8 Nov 2024Sold by developerOff-plan
AED 5,829,511AED 3,426 per sqft

Source: Dubai Land Department. Updated 8 November 2024.

Key facts

Type
2-bed apartment
Size
1,701 sqft
Floor
32nd of 57
Parking
1
Developer
Mered Residences Real Estate
Last sold
AED 5.83M · November 2024

About 3204, ICONIC Tower by Mered

3204 is a two-bedroom apartment of 1,701 sqft on the 32nd floor of ICONIC Tower by Mered, a 57-storey tower in Dubai Internet City by Mered Residences Real Estate . The developer sold it on 8 November 2024 for AED 5,829,511, or AED 3,426 per sqft, in line with the AED 3,491 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3204 over time

Sales
Unit 3204, each saleTypical two-bed in ICONIC Tower by Mered
5.5M6M6.5M2024202520262027Typical sale price by year: 2024 AED 5,850,572; 2025 AED 5,599,337; 2026 AED 6,656,987Sold by developer, November 2024: AED 5,829,511 (AED 3,426 per sqft)

3204 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 3204 sits

All 74 2-beds →

3204 last sold in November 2024 at AED 3,426 per sqft, in line with what two-beds in ICONIC Tower by Mered were fetching at the time (AED 3,491). 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 salesUnit no.Price (AED)Summary
4 Nov 20268,840,000
15 Sep 20265,615,100
13 Aug 20268,447,756
17 Jun 20265,865,223
23 2-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 32nd floor

All 188 units in ICONIC Tower by Mered
Value
32011-bedAED 2.46M · Feb 2025
32022-bedAED 5.08M · Feb 2025
32032-bedAED 5.97M · Feb 2025

3204, ICONIC Tower by Mered in numbers

  • Sold once: by Mered Residences Real Estate on 8 November 2024 for AED 5,829,511, or AED 3,426 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 8 November 2024.

Questions about 3204, ICONIC Tower by Mered

What did unit 3204 last sell for?

AED 5,829,511 on 8 November 2024, sold by the developer: AED 3,426 per sqft for 1,701 sqft. It is the only registered sale of the unit.

How big is unit 3204?

1,701 sqft (158.0 sqm): a two-bedroom apartment on the 32nd floor of a 57-storey tower.

What is unit 3204 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 3204, ICONIC Tower by Mered

Starts from the last sale price (AED 5.83M, 8 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,829,511
Deposit, UAE resident (20%)
AED 1,165,902
Deposit, non-resident (40%)
AED 2,331,804
Monthly over 25 years at 3.7%
AED 23,850

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