Project general facts Iconic Tower by Mered is a landmark residential development that embodies contemporary luxury, architectural excellence, and timeless Italian design. Created in collaboration with the world-renowned design house Pininfarina, the project presents an exclusive collection of sophisticated residences where innovation, elegance, and functionality come together in perfect harmony. Every aspect of the tower has been thoughtfully designed to maximize natural light, spaciousness, and refined aesthetics, creating an elevated living experience that reflects the highest standards of modern urban living. Residents enjoy a premium lifestyle supported by an exceptional range of amenities designed for wellness, relaxation, and everyday comfort. Elegant communal spaces, carefully curated leisure facilities, and thoughtfully designed environments foster a sense of balance and well-being, while the tower's iconic architecture and meticulous attention to detail create a truly distinctive residential destination. Every element has been conceived to provide an atmosphere of sophistication, privacy, and effortless luxury. The residences are finished with premium-quality materials
| Milestone | Share | On AED 2.99M |
|---|---|---|
| On booking | 5% | AED 149K |
| During construction | 45% | AED 1.34M |
| Upon Handover | 50% | AED 1.49M |
| Milestone | When | Amount |
|---|---|---|
| Downpayment (5%) | On booking | AED 149,274 |
| During construction (45%) | ≈ AED 55,978 equivalent per month over 24 months | AED 1,343,462 |
| Handover (50%) | On completion | AED 1,492,735 |
| DLD fee (4%) | On booking | AED 119,419 |
| Admin / Oqood (est.) | On booking | AED 5,250 |

At MERED, they believe that buildings are not just glass and concrete structures, but timeless landmarks that change lives. They strive to be masters of incredible lifestyles that enrich and prosper their clients while remaining relevant for today and tomorrow.
Iconic Tower starts from AED 2.99M and runs to AED 11.86M, across 1 bedroom, 1 bedroom, 1 bedroom, 1 bedroom. Prices move with each release; the pack carries the current list.
5% on booking, 45% during construction, 50% upon handover, worked in dirhams on AED 2.99M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
Mered lists handover for Q3 2027, with the project currently under construction. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
In Dubai Internet City, Dubai. The Dubai Internet City community guide on this site has the registered prices, rents and schools around it.
Yes, units from AED 2M qualify for the 10-year Golden Visa, including off-plan with a payment plan in progress. We handle the application as part of the purchase.
Yes, escrow account 01950000460. Payments release to the developer only against certified construction progress.
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.