Iconic Tower In Dubai Internet City By MERED Properties

Iconic Tower

Project Details – Iconic Tower By MERED Properties

In the modern neighborhood of Dubai Internet City, you’ll find the iconic Iconic Tower, a high-rise apartment complex. There are a total of three types of apartments in the complex: one with 1-3 bedrooms, 2-3 bedrooms, and a duplex penthouse with 3-bedrooms. Offering a cosmopolitan lifestyle with amenities like lounges, yoga practice areas, a cinema, and a Pininfarina pop-up store, the residences are defined by the world-renowned brand Pininfarina’s trademark Italian flair.

starting price

AED 2,600,000

Payment plan

50/50

handover

Q3 2027

About developer

MERED Properties

MERED Properties, a beacon of excellence in real estate, offers unparalleled living experiences. With a commitment to quality and innovation, MERED Properties crafts distinctive residential and commercial spaces that redefine modern living. Each project reflects meticulous design, incorporating cutting-edge architecture and premium amenities. Whether it’s luxury residences, commercial developments, or community spaces, MERED Properties sets the standard for sophistication and comfort. Guided by a vision of elevating lifestyles, MERED Properties seamlessly blends aesthetics, functionality, and sustainability, creating environments that stand as testaments to their unwavering commitment to excellence in the real estate industry. Experience a new level of living with MERED Properties.

A New kind of living

Iconic Tower Located In Dubai International City

MERED, an international real estate business that builds unique and high-end residential complexes, created Dubai Internet City’s new residential tower, Iconic Tower. The tower’s design by Pininfarina, known for designing iconic cars, is unique. Q1 2024 will begin Iconic Tower construction, and August 2027 is the estimated handover date.

Iconic Tower has 60 stories, 6 podiums, a ground floor, 5 parking levels, 2 amenities floors, and 2 tech floors. Two luxury units and one landmark penthouse with stunning views of the surrounding area are among the 310 apartments in the construction. All units have balconies, panoramic windows, and some have maid’s rooms. One–three-bedroom apartments range from 858 to 2,794 square feet, while the two 3-bedroom luxury residences on the 57th level are 3,698 to 4,696 square feet. The 58th and 59th floors of Iconic Tower feature the rare 3-bedroom duplex penthouse. This amazing home has 17,970 sq. ft. of living space, 5,325 of which is balcony.

World-Class Amenities, Strategic Location & Remarkable ROI

Every house has at least one of the complex’s 423 parking spaces. Iconic Tower will have a restaurant, cafe, retail outlets, and Pininfarina pop-up. Iconic Tower has an infinity pool, lounges, BBQ spots, and terraces. Residents can also enjoy well-designed yoga spaces, a large gym, jacuzzi, sauna, steam baths, and a private cinema. The sophisticated children’s playground and meeting room will please parents.

The Sheikh Zayed Road, Dubai’s major roadways, makes Iconic Tower accessible from everywhere in the emirate. Downtown Dubai is a 20-minute drive, while Dubai International Airport and Al Maktoum International Airport are 30 minutes.

The emirate’s innovation and technology center, Dubai Internet City, is home to Iconic Tower. The district has commercial spaces, coworking spaces, facilities, and business services, making Iconic Tower a great place for entrepreneurs and businesspeople to live. The spacious living spaces, BBQ areas, and playgrounds will please families.

Properties in Iconic Tower are profitable investments due to its well-developed social infrastructure. As of Q4 2023, the average 1-bedroom flat in Dubai Internet City rents for AED 110K (USD 30K), giving investors a solid passive income. The anticipated ROI for Iconic Tower real estate is 6.4%. Foreign investors can acquire a 10-year UAE Golden Visa and family sponsorship by buying property in this development.