PropertyIndex

Icon Tower 1

357 units · 1 tower
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Icon Tower 1 is a development in Jumeirah Lake Towers, comprising 357 registered units. 761 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,239 per sqft. At AED 1,239 per sqft, Icon Tower 1 prices 43% below the Jumeirah Lake Towers median of AED 2,176 per sqft on registered sales.

PIX© price · ↑8.3% YoY
1.38MAED
Typical
1,239AED
PSF
Gross yield
6.9%
PIX© rent ÷ PIX© price
Sale records
761
DLD · all time
Rent contracts
2,994
Ejari · all time
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
PartyDatePrice / RentAEDPSFvs priorHeldNote
6Tenant 610 Dec 202312 mo
Renewal
Owner 7
6Tenant 611 Dec 20212.0 yrs
Renewal
Owner 7
6Tenant 611 Dec 202012 mo
Owner 7
5Tenant 510 Dec 202012 mo
Owner 7
7Owner 71 Jul 20188.3 yrs
Current owner
Sold with tenant in place
Mortgage
4Tenant 421 May 20173.5 yrs
Owner 6
3Tenant 31 Mar 20173 mo
Ended early
Owner 6
6Owner 612 Feb 201717 mo
Sold with tenant in place
Mortgage
2Tenant 220 Jul 20133.7 yrs
Owner 5
5Owner 52 Jun 20133.7 yrs
4Owner 413 Mar 20133 mo
3Owner 330 Sep 20125 mo
Sold with tenant in place
1Tenant 11 Nov 201112 mo
Owner 2
2Owner 25 Oct 201112 mo
Owner 1 · Undisclosed—Acquisition date and price not on record
PIX© Airbnb Calculator

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Studio · Floor 26 · Icon Tower 1
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Icon Tower 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
3571.38M1,239↑8.3%95K6.9%
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-Wide761 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
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
6 Oct 20261 BedIcon Tower 1 · Floor 267431,005,0001,353+2.6%PremiumStandard Sale
17 Sep 20261 BedIcon Tower 1 · Floor 26737935,0001,269+102.5%StandardStandard Sale
17 Sep 20263 BedIcon Tower 1 · Floor 121,5721,775,0001,129+41.1%StandardStandard Sale
Rentals - Project-Wide2,994 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
6 Aug 20271 BedIcon Tower 1 · Floor 3768064,82295-StandardCONTRACT
3 Feb 20271 BedIcon Tower 1 · Floor 984083,00099-StandardCONTRACT
15 Nov 20262 BedIcon Tower 1 · Floor 321,328108,00081-PremiumCERTIFICATE

Comparables

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

Comparable projects in Jumeirah Lake Towers

The closest-priced registered projects in Jumeirah Lake Towers.

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 1,239 per sqft, or about AED 1,375,476 for a typical unit, based on 761 sales registered with the Dubai Land Department.

What is the rental yield in Icon Tower 1?

Icon Tower 1 yields 6.9% gross, calculated from current PIX© rent against current PIX© sale price, across 2,994 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 +8.3% over the last 12 months, to AED 1,239, across 761 registered sales.