PropertyIndex

Icon 1

In Progress · Date not reported|357 units · 1 tower

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Icon 1 is an in-progress apartment development in Jumeirah Lakes Towers, Al Thanyah Fifth, comprising 357 registered units. 782 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,272 per sqft. At AED 1,272 per sqft, Icon 1 prices 30% below the Jumeirah Lakes Towers average of AED 1,829 per sqft on registered sales.

PIX© price · 1.3% YoY
1.19MAED
Typical
1,272AED
PSF
Gross yield
7.7%
PIX© rent ÷ PIX© price
Sale records
782
DLD · all time
Rent contracts
2,919
Ejari · all time
Icon 1

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
238 – 5,152 sqft
3571.19M1,2721.3%92K7.7%
Residential
Studio · Apartment
434 – 861 sqft
60
1 Bed · Apartment
669 – 1,183 sqft
91
2 Bed · Apartment
970 – 2,281 sqft
180
3 Bed · Apartment
1,568 – 1,585 sqft
14
5 Bed · Apartment
5,056 – 5,152 sqft
4
Commercial
Shop
2,031 – 4,645 sqft
3
Store
238 – 324 sqft
5
Sales — Project-Wide782 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
20 Jul 20261 BedFloor 9840990,0001,178+6.5%StandardStandard Sale
23 Jun 20261 BedFloor 251,1831,280,0001,082+19.6%Entry LevelStandard Sale
3 Jun 20262 BedFloor 139831,250,0001,272+59.3%StandardStandard Sale
Rentals — Project-Wide2,919 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 411 rentals
Floors 1-34 · 380 rentals
Floors 35-38 · 31 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
15 Aug 20261 BedFloor 981063,00078-10.8%Entry Levelnew
15 Aug 20262 BedFloor 30970130,0001340.0%Premiumrenewal
15 Aug 20262 BedFloor 71,19092,000770.0%Standardrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Jumeirah Lakes Towers

The closest-priced registered projects in Jumeirah Lakes Towers.

Common questions about Icon 1

Answered from Dubai Land Department registered transactions.

How much does a property in Icon 1 cost?

Property in Icon 1 sells at a current PIX© price of AED 1,272 per sqft, or about AED 1,191,310 for a typical unit, based on 782 sales registered with the Dubai Land Department.

When is Icon 1 handing over?

Icon 1 is under construction.

What is the rental yield in Icon 1?

Icon 1 yields 7.7% gross, calculated from current PIX© rent against current PIX© sale price, across 2,919 registered Ejari contracts.

How many units are in Icon 1?

Icon 1 holds 357 registered units, per the Dubai Land Department unit register.

Have prices in Icon 1 gone up or down?

Price per sqft has risen +1.3% over the last 12 months, to AED 1,272, across 782 registered sales.