About Iconic
Iconic is a residential tower by Mered Residences Real Estate, in Al Safouh Second, Dubai. It rises 67 storeys (1 basement level, a ground floor, 5 podium levels, 60 floors and 1 floor), built as a concrete structure with internal and external finishes. The project comprises 319 homes.
Key information
Developer
Mered Residences Real Estate
- Expected handover
- TBC
- Status
- Under construction
- Location
- Al Safouh Second, Dubai
- Master project
- Site A
- Construction started
- 2024
- Number of buildings
- 1
- Number of units
- 319
- Registered with DLD
- 04 Jan 2024
- Escrow bank
- Mashreq Bank
- Escrow account no.
- 019500000460
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2024
- Under construction35% complete
- Expected handoverTBC
Construction progress
52 inspection photos from the Dubai Land Department. Latest 11 Aug 2026 at 35% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
7 Elevators
66 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
187
Median price
AED 4.3M
Median price / sqft
AED 3K+21%
Off-plan share
100%
Priced 35% above than the Al Safouh Second median of AED 3K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 96 | 1,000 sqft | AED 3.3M | AED 3K |
| 2 Bed | 72 | 1,655 sqft | AED 6.1M | AED 4K |
| 3 Bed | 8 | 2,802 sqft | AED 10.1M | AED 4K |
| 4 Bed | 11 | 2,705 sqft | AED 10.1M | AED 4K |
Price per sqft by year
+21% since 2024AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 27 Aug 2026 | Off-plan | 1,173 sqft | AED 4.4M | AED 4K |
| 13 Aug 2026 | Off-plan | 2,364 sqft | AED 8.4M | AED 4K |
| 31 Jul 2026 | Off-plan | 1,108 sqft | AED 5.3M | AED 5K |
| 26 Jun 2026 | Off-plan | 875 sqft | AED 3.6M | AED 4K |
| 17 Jun 2026 | Off-plan | 1,608 sqft | AED 5.9M | AED 4K |
| 04 Jun 2026 | Off-plan | 1,612 sqft | AED 7.4M | AED 5K |
| 04 Jun 2026 | Off-plan | 869 sqft | AED 3.8M | AED 4K |
| 03 Jun 2026 | Off-plan | 1,187 sqft | AED 4.2M | AED 4K |
Unit mix
319 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 9 | - |
| 1 B/R | 144 | 864 - 1,187 sqft |
| 2 B/R | 124 | 1,276 - 2,381 sqft |
| 3 B/R | 9 | 2,305 - 4,814 sqft |
| 4 B/R | 33 | 2,516 - 13,872 sqft |
Payment plan
Payment plans are set by Mered Residences and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Al Safouh Second, Dubai.
Al Safouh Second
Dubai, United Arab Emirates
Frequently asked questions
Iconic has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 35% complete.
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