Iconic Residences
About Iconic Residences
(sq. ft.)
Iconic Residences is a high-end development by MERED, who has completed 36 projects across Eastern Europe and the USA. Conveniently located on Sheikh Zayed Road next to the Dubai Internet City metro station, this is the tallest apartment building in the city. It comprises 67 floors, with a total of 310 residential properties. Iconic Residences is distinguished by its stunning design by the world-famous Italian Pininfarina brand.
Among the proposed units are 1-4 bedroom apartments, two 3-bedroom premium residences and just one 3-bedroom duplex penthouse on the 58th-59th levels of the complex. The size of the units ranges from 858 sq. ft to 17,970 sq. ft, including the private balconies. Spacious layouts ensure the most comfortable living environment. Select residences additionally feature a maid’s room for homeowners’ absolute convenience. Please note that the residences come unfurnished and fully-fitted. The kitchens are distinguished by premium Miele appliances.
Occupants will enjoy 2 floors of unrivaled amenities in Iconic Residences. You will be able to take full advantage of the following:
- Restaurant
- Cafe
- Retail
- Pininfarina pop-up store
- Infinity swimming pool
- Lounges
- Barbecue areas
- Terraces
- Gym
- Azure water retreat
- Jacuzzi
- Sauna & steam baths
- Private cinema
- Conference room
- Children’s play area
- Five levels of smart air-conditioned parking with EV charging and smart access to the building
Additionally, you will have access to a private lounge/dining room, reception & lounge, a yoga/relaxation room, a spa, and a bar.
Property Information
- Location Dubai Internet City, Dubai, UAE
- Developer Mered
- Status of Project In process
- Type of Project Residential Building
- Units 1-4BR
- Area from 858 sq. ft.
- Total Amount of Units 310
- Payment Plan 50/50
Property Prices in Iconic Residences
As of Q2 2024, the starting price for a property in Iconic Residences stands at AED 2.6M (USD 708K). The service charge, meanwhile, ranges from AED 21 – 25 (USD 6 – 7) per sq. ft. The EOI stands at AED 40K (USD 11K).
*The price is valid for 2024
Payment Plan
Location of Iconic Residences
Iconic Residences is located next to Sheikh Zayed Road, which is the emirate’s main transportation artery. As a result, you can reach Downtown Dubai and both of the international airports within a 30-minute driving range.
Within walking distance of the complex, there are supermarkets and restaurants easily accessible. These include Zoom Market Jewel Tower, Full Star Supermarket, Paragon Restaurant, Krave and more.
Another advantage of Iconic Residences is that travel time from the complex to various medical and academic facilities takes a maximum of 10 minutes. Among them are:
- British Orchard Nursery – Media City
- Chubby Cheeks Nursery Barsha Heights
- Gardenia Nursery
- The International School of Choueifat
- iCademy Middle East
- American Hospital Dubai Media City Clinic
- Aster Clinic
- White Clinic
Economic Appeal of Iconic Residences
Iconic Residences will be of interest to business professionals and entrepreneurs, as it is surrounded by commercial spaces, coworking spaces, office facilities and business services.
By investing in Iconic Residences, you will get a 10-year Golden visa. This visa covers your spouse, children and domestic staff.
If you are considering property in Iconic Residences as a buy-to-let unit, you will be keen on learning that 1-bedroom properties in Dubai Internet City can be rented out from AED 110K (USD 30K) per annum. The estimated average ROI in this area is 6%, which will allow you to earn excellent passive income and increase your capital.
*The price is valid for 2024
FAQ
The developer is MERED.
It is located in Dubai Internet City.
Among the proposed units are 1-3 bedroom apartments, two 3-bedroom premium residences and just one 3-bedroom duplex penthouse.
Iconic Residences is due for handover in Q3 2027.
The master developer provides you with a 50/50 payment plan. There is a 5% booking fee. During construction and upon completion, 45% and 50% instalments, respectively, must be paid.
As of Q2 2024, the starting price for a property in Iconic Residences stands at AED 2.6M (USD 708K).
Yes, you can obtain a long-term visa.
By investing in Iconic Residences, you will get a 10-year Golden visa. This visa covers your spouse, children and domestic staff.
Yes, since the complex is freehold.
Yes, it is a great investment since 1-bedroom properties in Dubai Internet City can be rented from AED 110K (USD 30K) per annum. The estimated average ROI in this area is 6%, which will allow you to earn excellent passive income and increase your capital.
Iconic Residences will be of interest to business professionals and entrepreneurs, as it is surrounded by commercial spaces, coworking spaces, office facilities and business services.
Dubai Internet City provides easy access to excellent infrastructure, along with medical and academic facilities such as Gardenia Nursery, The International School of Choueifat, iCademy Middle East, American Hospital Dubai Media City Clinic and Aster Clinic.
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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