Icon Tower 1

357 units · 1 tower

Icon Tower 1 is a development in Jumeirah Lake Towers, comprising 357 registered units. 758 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,211 per sqft. At AED 1,211 per sqft, Icon Tower 1 prices 44% below the Jumeirah Lake Towers median of AED 2,169 per sqft on registered sales.

PIX© price · ↑1.6% YoY

1.38MAED

Typical

1,211AED

PSF

Gross yield

7.0%

PIX© rent ÷ PIX© price

Sale records

758

DLD · all time

Rent contracts

2,970

Ejari · all time

SATELLITE

LocationJumeirah Lake Towers

Drive times · typical

Downtown Dubai24 min · 24.9 km

DXB Airport28 min · 34.6 km

DIFC26 min · 27.0 km

Dubai Marina14 min · 6.6 km

Palm Jumeirah17 min · 12.8 km

Nearest · straight-line

Metro stationDMCC Metro Station0.7 km

MallMenakart DMCC0.1 km

SchoolKids Kingdom - Nursery & Daycare in Jumeirah Lake Towers (JLT), Dubai0.1 km

HospitalDoctor Sanas0.1 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 26

…

Studio on Floor 26, Icon Tower 1

Size
Record: Oct 2011 to Dec 2023
Owners: 7
Tenants: 6
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
6Tenant 6	10 Dec 2023		12 mo	Renewal Owner 7
6Tenant 6	11 Dec 2021		2.0 yrs	Renewal Owner 7
6Tenant 6	11 Dec 2020		12 mo	Owner 7
5Tenant 5	10 Dec 2020		12 mo	Owner 7
7Owner 7	1 Jul 2018		8.2 yrs	Current owner Sold with tenant in place Mortgage
4Tenant 4	21 May 2017		3.5 yrs	Owner 6
3Tenant 3	1 Mar 2017		3 mo	Ended early Owner 6
6Owner 6	12 Feb 2017		17 mo	Sold with tenant in place Mortgage
2Tenant 2	20 Jul 2013		3.7 yrs	Owner 5
5Owner 5	2 Jun 2013		3.7 yrs
4Owner 4	13 Mar 2013		3 mo
3Owner 3	30 Sep 2012		5 mo	Sold with tenant in place
1Tenant 1	1 Nov 2011		12 mo	Owner 2
2Owner 2	5 Oct 2011		12 mo
Owner 1 · Undisclosed		—		Acquisition date and price not on record

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Studio · Floor 26 · Icon Tower 1

Nightly rateAED

Occupancy (237 nights)

Fees (optional)

Management, cleaning, platform fees: a percent of revenue, or a yearly amount.

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Icon Tower 11,211AED/sqft · project-wide

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© Rent /yr	Yield
PIX© Core Project-Wide 238 - 5,152 sqft	357	1.38M	1,211	↑1.6%		97K	7.0%
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	-	-	-
Warehouse 238 - 324 sqft	5	-	-	-	-	-	-

Sales - Project-Wide758 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
9 Sep 2026	1 Bed	Icon Tower 1 · Floor 27	1,158	1,150,000	993	+17.3%	Entry Level	Standard Sale
4 Sep 2026	1 Bed	Icon Tower 1 · Floor 24	1,183	1,310,000	1,107	+7.4%	Standard	Standard Sale
26 Aug 2026	2 Bed	Icon Tower 1 · Floor 16	1,448	1,680,000	1,160	+74.5%	Entry Level	Standard Sale

Rentals - Project-Wide2,970 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
6 Aug 2027	1 Bed	Icon Tower 1 · Floor 37	680	64,822	95	-	Standard	CONTRACT
3 Feb 2027	1 Bed	Icon Tower 1 · Floor 9	840	83,000	99	-	Standard	CONTRACT
17 Oct 2026	1 Bed	Icon Tower 1 · Floor 6	747	80,000	107	-	Standard	CERTIFICATE

Comparables

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

This project

—

Compared with

Hilton Residences

PIX© PSF

—

Rank

—

#1 of 19

Typical price

—

Yield

—

Units

—

402

Sales

—

Rents

—

Developer

—

EMIRATES MEZNA FOR REAL ESTATE DEVELOPMENT L L C - DUBAI BRANCH

Handover

—

U/C

Project	Units	Sales	Rents
Hilton Residences EMIRATES MEZNA FOR REAL ESTATE DEVELOPMENT L L C - DUBAI BRANCH · U/C · Off-plan pricing	402	64	—
W Residences at JLT SIGNATURE LIFESTYLE REAL ESTATE L.L.C · U/C · Off-plan pricing	187	115	—
Mercer House North Tower ELN PROPERTIES DEVELOPMENT L.L.C · U/C · Off-plan pricing	328	310	—
Mercer House ELN PROPERTIES DEVELOPMENT L.L.C · U/C · Off-plan pricing	610	564	—
Mercer House South Tower ELN PROPERTIES DEVELOPMENT L.L.C · U/C · Off-plan pricing	282	253	—
Saba Tower 4 SABA 4 FZCO · U/C · Off-plan pricing	547	262	—
Diamondz By Danube DANUBE PROPERTIES DEVELOPMENT L.L.C · U/C · Off-plan pricing	1,225	1,115	—
Me Do Re 2 ME DO RE DEVELOPMENTS DMCC · U/C · Off-plan pricing	407	329	—
Sobha Verde SOBHA REALTY · U/C · Off-plan pricing	610	650	—
Viewz 2 by Danube DANUBE PROPERTIES DEVELOPMENT L.L.C · U/C · Off-plan pricing	564	614	—
MBL Signature MAG 10 PROPERTY DEVELOPMENT DMCC · U/C · Off-plan pricing	463	226	—

Community median 2,169 AED/sqft. Showing the closest-ranked peers of 19 ranked projects in the community. 3 community projects excluded for insufficient recorded sales. 49 excluded for trading only in the off-plan market. 2 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Jumeirah Lake Towers

The closest-priced registered projects in Jumeirah Lake Towers.

Orra The EmbankmentAED 1,136/sqft
Orra The Embankment Tower 1AED 1,136/sqft

Common questions about Icon Tower 1

Answered from Dubai Land Department registered transactions.

How much does a property in Icon Tower 1 cost?

Property in Icon Tower 1 sells at a current PIX© price of AED 1,211 per sqft, or about AED 1,378,603 for a typical unit, based on 758 sales registered with the Dubai Land Department.

What is the rental yield in Icon Tower 1?

Icon Tower 1 yields 7.0% gross, calculated from current PIX© rent against current PIX© sale price, across 2,970 registered Ejari contracts.

How many units are in Icon Tower 1?

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

Have prices in Icon Tower 1 gone up or down?

Price per sqft has risen +1.6% over the last 12 months, to AED 1,211, across 758 registered sales.