5402, ICONIC Tower by Mered
Sold prices and rental history: sold once, by the developer in July 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 5402, ICONIC Tower by Mered
What is 5402 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 24 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,612 sqft
- Floor
- 54th of 57
- Parking
- 1
- Developer
- Mered Residences Real Estate
- Last sold
- AED 6.58M · July 2025
- Building
- ICONIC Tower by Mered
About 5402, ICONIC Tower by Mered
5402 is a two-bedroom apartment of 1,612 sqft on the 54th floor of ICONIC Tower by Mered, a 57-storey tower in Dubai Internet City by Mered Residences Real Estate . The developer sold it on 24 July 2025 for AED 6,580,680, or AED 4,081 per sqft, 19% above the AED 3,427 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 5402 over time
5402 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 5402 sits
All 74 2-beds →5402 last sold in July 2025 at AED 4,081 per sqft, 19% above what two-beds in ICONIC Tower by Mered were fetching at the time (AED 3,427). 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 54th floor
All 188 units in ICONIC Tower by Mered5402, ICONIC Tower by Mered in numbers
- Sold once: by Mered Residences Real Estate on 24 July 2025 for AED 6,580,680, or AED 4,081 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 24 July 2025.
Questions about 5402, ICONIC Tower by Mered
What did unit 5402 last sell for?
AED 6,580,680 on 24 July 2025, sold by the developer: AED 4,081 per sqft for 1,612 sqft. It is the only registered sale of the unit.
How big is unit 5402?
1,612 sqft (149.8 sqm): a two-bedroom apartment on the 54th floor of a 57-storey tower.
What is unit 5402 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.
Selling 5402? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 5402, ICONIC Tower by Mered
Starts from the last sale price (AED 6.58M, 24 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 6,580,680
- Deposit, UAE resident (20%)
- AED 1,316,136
- Deposit, non-resident (40%)
- AED 2,632,272
- Monthly over 25 years at 3.7%
- AED 26,924
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →