3-bed · 4,814 sqftICONIC Tower by Mered, Dubai Internet City · 57th floor

5701, 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 5701 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 17.74M1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5701, ICONIC Tower by Mered

What is 5701 worth today?

Last sold for AED 17,735,525 in 2024

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1 Nov 2024Sold by developerOff-plan
AED 17,735,525AED 3,683 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
3-bed apartment
Size
4,814 sqft
Floor
57th of 57
Parking
3
Developer
Mered Residences Real Estate
Last sold
AED 17.74M · November 2024

About 5701, ICONIC Tower by Mered

5701 is a three-bedroom apartment of 4,814 sqft on the 57th floor of ICONIC Tower by Mered, a 57-storey tower in Dubai Internet City by Mered Residences Real Estate . The developer sold it on 1 November 2024 for AED 17,735,525, or AED 3,683 per sqft.

No rental contract for the unit is registered on Ejari.

3-beds in ICONIC Tower by Mered, and where 5701 sits

All 8 3-beds →

Over the last 12 months three-beds sold for AED 8,261,355, around AED 3,584 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Nov 20258,261,355
4 Jul 20258,046,732
3 Jul 20258,935,770
3 Jul 20258,786,657
1 3-bed sale 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 57th floor

All 188 units in ICONIC Tower by Mered
Value
57023-bedAED 13.54M · Nov 2024

5701, ICONIC Tower by Mered in numbers

  • Sold once: by Mered Residences Real Estate on 1 November 2024 for AED 17,735,525, or AED 3,683 per sqft.
  • Three-beds in ICONIC Tower by Mered sold for AED 8,261,355–8,261,355 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 1 November 2024.

Questions about 5701, ICONIC Tower by Mered

What did unit 5701 last sell for?

AED 17,735,525 on 1 November 2024, sold by the developer: AED 3,683 per sqft for 4,814 sqft. It is the only registered sale of the unit.

How big is unit 5701?

4,814 sqft (447.2 sqm): a three-bedroom apartment on the 57th floor of a 57-storey tower.

What is unit 5701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in ICONIC Tower by Mered sold for AED 8,261,355 to 8,261,355 in the last 12 months, around AED 3,584 per sqft.

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Mortgage on 5701, ICONIC Tower by Mered

Starts from the last sale price (AED 17.74M, 1 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 17,735,525
Deposit, UAE resident (20%)
AED 3,547,105
Deposit, non-resident (40%)
AED 7,094,210
Monthly over 25 years at 3.7%
AED 72,562

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