3-bed · 3,677 sqftICONIC Tower by Mered, Dubai Internet City · 57th floor

5702, 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 5702 · DLD and Ejari recordsUpdated 4 November 2024
Last soldAED 13.54M4 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5702, ICONIC Tower by Mered

What is 5702 worth today?

Last sold for AED 13,537,279 in 2024

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4 Nov 2024Sold by developerOff-plan
AED 13,537,279AED 3,681 per sqft

Source: Dubai Land Department. Updated 4 November 2024.

Key facts

Type
3-bed apartment
Size
3,677 sqft
Floor
57th of 57
Parking
3
Developer
Mered Residences Real Estate
Last sold
AED 13.54M · November 2024

About 5702, ICONIC Tower by Mered

5702 is a three-bedroom apartment of 3,677 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 4 November 2024 for AED 13,537,279, or AED 3,681 per sqft.

No rental contract for the unit is registered on Ejari.

3-beds in ICONIC Tower by Mered, and where 5702 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
57013-bedAED 17.74M · Nov 2024

5702, ICONIC Tower by Mered in numbers

  • Sold once: by Mered Residences Real Estate on 4 November 2024 for AED 13,537,279, or AED 3,681 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 4 November 2024.

Questions about 5702, ICONIC Tower by Mered

What did unit 5702 last sell for?

AED 13,537,279 on 4 November 2024, sold by the developer: AED 3,681 per sqft for 3,677 sqft. It is the only registered sale of the unit.

How big is unit 5702?

3,677 sqft (341.6 sqm): a three-bedroom apartment on the 57th floor of a 57-storey tower.

What is unit 5702 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 5702, ICONIC Tower by Mered

Starts from the last sale price (AED 13.54M, 4 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 13,537,279
Deposit, UAE resident (20%)
AED 2,707,456
Deposit, non-resident (40%)
AED 5,414,912
Monthly over 25 years at 3.7%
AED 55,385

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