5602, 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 5602, ICONIC Tower by Mered
What is 5602 worth today?
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Source: Dubai Land Department. Updated 4 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,612 sqft
- Floor
- 56th of 57
- Parking
- 1
- Developer
- Mered Residences Real Estate
- Last sold
- AED 7.38M · July 2025
- Building
- ICONIC Tower by Mered
About 5602, ICONIC Tower by Mered
5602 is a two-bedroom apartment of 1,612 sqft on the 56th floor of ICONIC Tower by Mered, a 57-storey tower in Dubai Internet City by Mered Residences Real Estate . The developer sold it on 4 July 2025 for AED 7,381,902, or AED 4,578 per sqft, 34% above the AED 3,413 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 5602 over time
5602 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 5602 sits
All 74 2-beds →5602 last sold in July 2025 at AED 4,578 per sqft, 34% above what two-beds in ICONIC Tower by Mered were fetching at the time (AED 3,413). 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 56th floor
All 188 units in ICONIC Tower by Mered5602, ICONIC Tower by Mered in numbers
- Sold once: by Mered Residences Real Estate on 4 July 2025 for AED 7,381,902, or AED 4,578 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 4 July 2025.
Questions about 5602, ICONIC Tower by Mered
What did unit 5602 last sell for?
AED 7,381,902 on 4 July 2025, sold by the developer: AED 4,578 per sqft for 1,612 sqft. It is the only registered sale of the unit.
How big is unit 5602?
1,612 sqft (149.8 sqm): a two-bedroom apartment on the 56th floor of a 57-storey tower.
What is unit 5602 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 5602, ICONIC Tower by Mered
Starts from the last sale price (AED 7.38M, 4 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 7,381,902
- Deposit, UAE resident (20%)
- AED 1,476,380
- Deposit, non-resident (40%)
- AED 2,952,761
- Monthly over 25 years at 3.7%
- AED 30,202
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →