
Iconic Tower is a luxury development by international developer Mered, situated in Dubai Internet City. Designed by the world-renowned Italian firm Pininfarina, this modern high-rise comprises a ground floor and sixty six residential levels. The project offers premium one- to three-bedroom apartments. Finished with high-quality natural materials, the interiors feature a delicate pastel colour palette. Each residence includes a private balcony offering mesmerising views of the sea and the city skyline. The complex boasts a comprehensive range of world-class amenities, including a bay-facing infinity pool, a state-of-the-art gym, dedicated fitness and yoga studios, a jacuzzi, sauna, and steam room. Residents also have access to a children’s playground, cosy lounge areas designed for relaxation, a barbecue zone, a private cinema, and numerous additional recreational spaces. The podium level hosts a curated selection of cafes, restaurants, bars, and retail outlets. Within a five-minute there are nurseries, premium educational institutions, and top-tier medical facilities. Iconic Tower enjoys a prime location adjacent to Sheikh Zayed Road, Dubai’s main arterial highway. Dubai Media City Park, Palm Jumeirah, and Dubai Marina Walk are just a 10-minute , while Downtown Dubai, Burj Khalifa, Dubai Mall, and Dubai International Airport are all within a 30-minute away.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Iconic Tower launch basis | 3,855 | AED 3.47M | Current launch / asking basis |
| Dubai Internet City ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Dubai Internet City premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |

























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Astraterra Properties
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Dubai Internet City
Iconic Tower by Mered
Located in Dubai Internet City
Starting from AED 3,469,211
Unit mix includes 1 BR, 2 BR, 4 BR, Apartments
Expected handover: Aug 2027
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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