Iconic
Alerts: Get notified of every new DLD-registered sale and rental contract.
Iconic is an under-construction apartment development by MERED RESIDENCES REAL ESTATE L.L.C in Site A, Al Safouh Second, comprising 319 registered units. 186 sales are registered with the Dubai Land Department, at a current PIX© price of AED 4,178 per sqft. At AED 4,178 per sqft, Iconic prices 46% above the Site A average of AED 2,866 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend |
|---|---|---|---|---|---|
PIX© Core Project-Wide 432 – 4,814 sqft | 319 | 6.64M | 4,178 | ↑8.1% | |
| Residential | |||||
1 Bed · Apartment 864 – 1,187 sqft | 144 | ||||
2 Bed · Apartment 1,276 – 2,381 sqft | 124 | ||||
3 Bed · Apartment 2,305 – 4,814 sqft | 9 | — | |||
4 Bed · Apartment 2,516 – 2,817 sqft | 33 | — | |||
| Commercial | |||||
Shop 432 – 2,042 sqft | 9 | — | — | — | — |
| Floors | Median PSF |
|---|---|
| All floors | 167 sales |
| Floors 2-14 | 34 sales |
| Floors 15-37 | 78 sales |
| Floors 38-57 | 55 sales |
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 13 Aug 2026 | 2 Bed | Floor 25 | 2,364 | 8,447,756 | 3,574 | — | Entry Level | Off-Plan Sale |
| 31 Jul 2026 | 1 Bed | Floor 46 | 1,108 | 5,284,375 | 4,767 | — | Premium | Off-Plan Sale |
| 25 Jun 2026 | 1 Bed | Floor 45 | 875 | 3,580,958 | 4,095 | — | Standard | Off-Plan Sale |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Site A
The closest-priced registered projects in Site A.
- Cavalli Casa TowerAED 3,138/sqft
- The S TowerAED 3,028/sqft
- Damac CasaAED 2,796/sqft
Common questions about Iconic
Answered from Dubai Land Department registered transactions.
How much does a property in Iconic cost?
Property in Iconic sells at a current PIX© price of AED 4,178 per sqft, or about AED 6,644,695 for a typical unit, based on 186 sales registered with the Dubai Land Department.
When is Iconic handing over?
Iconic is under construction, due q1 2028, and is 20% complete against the Dubai Land Department's reported progress.
Who is the developer of Iconic?
Iconic is developed by MERED RESIDENCES REAL ESTATE L.L.C, the developer recorded against the project in the Dubai Land Department register.
How many units are in Iconic?
Iconic holds 319 registered units, per the Dubai Land Department unit register.
Have prices in Iconic gone up or down?
Price per sqft has risen +8.1% over the last 12 months, to AED 4,178, across 186 registered sales.