2-bed · 1,732 sqftICONIC Tower by Mered, Dubai Internet City · 54th floor

5403, ICONIC Tower by Mered

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

Unit 5403 · DLD and Ejari recordsUpdated 31 October 2024
Last soldAED 6.44M31 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5403, ICONIC Tower by Mered

What is 5403 worth today?

Last sold for AED 6,436,125 in 2024

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31 Oct 2024Sold by developerOff-plan
AED 6,436,125AED 3,716 per sqft

Source: Dubai Land Department. Updated 31 October 2024.

Key facts

Type
2-bed apartment
Size
1,732 sqft
Floor
54th of 57
Parking
1
Developer
Mered Residences Real Estate
Last sold
AED 6.44M · October 2024

About 5403, ICONIC Tower by Mered

5403 is a two-bedroom apartment of 1,732 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 31 October 2024 for AED 6,436,125, or AED 3,716 per sqft, 5% above the AED 3,525 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5403 over time

Sales
Unit 5403, 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, October 2024: AED 6,436,125 (AED 3,716 per sqft)

5403 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 5403 sits

All 74 2-beds →

5403 last sold in October 2024 at AED 3,716 per sqft, 5% above what two-beds in ICONIC Tower by Mered were fetching at the time (AED 3,525). 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 54th floor

All 188 units in ICONIC Tower by Mered
Value
54011-bedAED 3.24M · Feb 2025
54022-bedAED 6.58M · Jul 2025

5403, ICONIC Tower by Mered in numbers

  • Sold once: by Mered Residences Real Estate on 31 October 2024 for AED 6,436,125, or AED 3,716 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 31 October 2024.

Questions about 5403, ICONIC Tower by Mered

What did unit 5403 last sell for?

AED 6,436,125 on 31 October 2024, sold by the developer: AED 3,716 per sqft for 1,732 sqft. It is the only registered sale of the unit.

How big is unit 5403?

1,732 sqft (160.9 sqm): a two-bedroom apartment on the 54th floor of a 57-storey tower.

What is unit 5403 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 5403, ICONIC Tower by Mered

Starts from the last sale price (AED 6.44M, 31 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,436,125
Deposit, UAE resident (20%)
AED 1,287,225
Deposit, non-resident (40%)
AED 2,574,450
Monthly over 25 years at 3.7%
AED 26,332

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