5502, ICONIC Tower by Mered
Sold prices and rental history: sold once, by the developer in March 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 5502, ICONIC Tower by Mered
What is 5502 worth today?
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Source: Dubai Land Department. Updated 11 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,616 sqft
- Floor
- 55th of 57
- Parking
- 1
- Developer
- Mered Residences Real Estate
- Last sold
- AED 5.7M · March 2025
- Building
- ICONIC Tower by Mered
About 5502, ICONIC Tower by Mered
5502 is a two-bedroom apartment of 1,616 sqft on the 55th floor of ICONIC Tower by Mered, a 57-storey tower in Dubai Internet City by Mered Residences Real Estate . The developer sold it on 11 March 2025 for AED 5,702,466, or AED 3,527 per sqft, in line with the AED 3,429 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 5502 over time
5502 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 5502 sits
All 74 2-beds →5502 last sold in March 2025 at AED 3,527 per sqft, in line with what two-beds in ICONIC Tower by Mered were fetching at the time (AED 3,429). 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 55th floor
All 188 units in ICONIC Tower by Mered| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5501 | 1-bed | 869 sqft | AED 3.1MAED 3,096,443 · Jan 2025January 2025 |
5502, ICONIC Tower by Mered in numbers
- Sold once: by Mered Residences Real Estate on 11 March 2025 for AED 5,702,466, or AED 3,527 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 11 March 2025.
Questions about 5502, ICONIC Tower by Mered
What did unit 5502 last sell for?
AED 5,702,466 on 11 March 2025, sold by the developer: AED 3,527 per sqft for 1,616 sqft. It is the only registered sale of the unit.
How big is unit 5502?
1,616 sqft (150.1 sqm): a two-bedroom apartment on the 55th floor of a 57-storey tower.
What is unit 5502 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 5502, ICONIC Tower by Mered
Starts from the last sale price (AED 5.7M, 11 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 5,702,466
- Deposit, UAE resident (20%)
- AED 1,140,493
- Deposit, non-resident (40%)
- AED 2,280,986
- Monthly over 25 years at 3.7%
- AED 23,331
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →