Iconic
Data through 22 Oct 2026 · DLD project registry and registered sales · trailing 12 months Oct 2025 – Sep 2026 · rebuilt daily
Iconic is a project by Mered Residences Real Estate L.L.C, recorded at 35% complete at its last Dubai Land Department inspection. 51 sales registered in the trailing 12 months at a median AED 5.00M (3 694 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.
Source: Registered DLD transactions · Data through 22 Oct 2026 · sample 51 records · outlier-trimmed median, complete months only · Methodology v1.0 ↗
What the DLD registry says about this project
| Field | Value | Provenance |
|---|---|---|
| Developer | Mered Residences Real Estate L.L.C | DLD verified |
| Status | Active | DLD verified |
| Construction progress | 35% — at the last DLD inspection | DLD verified |
| Registered with DLD | 4 Jan 2024 | DLD verified |
| Construction started | 30 Sep 2024 | DLD verified |
| Declared completion | 28 Feb 2028 — registry date, not a handover promise | DLD verified |
| Units in the project | 319 | DLD verified |
| Project area | 45 318 sqm | DLD verified |
| Escrow agent | Mashreq Bank Psc | DLD verified |
| Project number | 2865 | DLD verified |
Source: DLD project registry (Mashrooi) · Data through 22 Oct 2026 · registry fields as recorded, not developer marketing · Methodology v1.0 ↗
Price per square foot, month by month
median interquartile range (middle 50% of transactions)
Source: Registered DLD transactions · Data through 22 Oct 2026 · monthly medians, months with fewer than 5 registered sales are left blank; the line stops at Jun 2026: in the 3 months since, no month reached the five registered sales a median needs (5 in total) · Methodology v1.0 ↗
Construction, inspection by inspection
The DLD registry holds 10 technical inspections for this project, from 7 Dec 2023 at 0.0% to 11 Aug 2026 at 34.9%. Over the inspections since 9 May 2025 it moved 1.56 percentage points a month. Inspections are irregular and the percentage is what was recorded at each one, not a live measure of the site.
each dot is one DLD technical inspection; the line between two of them is drawn, not measured; the dashed mark is the completion date declared in the registry
| Inspection | Recorded | Change |
|---|---|---|
| 11 Aug 2026 | 34.9% | +5.8 pp |
| 30 Apr 2026 | 29.0% | +4.7 pp |
| 23 Jan 2026 | 24.4% | +4.4 pp |
| 16 Sep 2025 | 20.0% | +3.6 pp |
| 10 Sep 2025 | 16.4% | +5.1 pp |
| 9 May 2025 | 11.3% | +2.4 pp |
| 12 Nov 2024 | 8.8% | +4.8 pp |
| 27 Jun 2024 | 4.0% | +3.8 pp |
| 1 May 2024 | 0.2% | +0.2 pp |
| 7 Dec 2023 | 0.0% | — |
Source: DLD project registry (Mashrooi) — technical inspections · Data through 22 Oct 2026 · percentage as recorded at each inspection; inspections are irregular, and an unchanged value means no new inspection, not that work stopped · Methodology v1.0 ↗
The same figures as a table
| Month | Sales | Median price | Median AED/sqft | IQR AED/sqft |
|---|---|---|---|---|
| Jun 2026 | 6 | AED 4.60M | 3 934 | 3 680 – 4 340 |
| May 2026 | 2 | — | — | — |
| Apr 2026 | 3 | — | — | — |
| Mar 2026 | 2 | — | — | — |
| Feb 2026 | 4 | — | — | — |
| Jan 2026 | 5 | AED 5.30M | 3 694 | 3 499 – 4 330 |
| Dec 2025 | 12 | AED 6.33M | 3 783 | 3 630 – 4 191 |
| Nov 2025 | 7 | AED 4.19M | 3 276 | 3 135 – 3 561 |
| Oct 2025 | 2 | — | — | — |
| Sep 2025 | 2 | — | — | — |
| Aug 2025 | 0 | — | — | — |
| Jul 2025 | 16 | AED 8.40M | 3 876 | 3 691 – 4 051 |
| Jun 2025 | 7 | AED 5.91M | 3 818 | 3 471 – 3 956 |
Source: Registered DLD transactions · Data through 22 Oct 2026 · complete months only; the current month is excluded because DLD keeps registering it · Methodology v1.0 ↗
By number of bedrooms
| Homes | Sales | Median price | Median AED/sqft | Median size | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| 1-bedroom apartments low sample (18) | 18 | AED 4.03M | 3 743 | 1 095 sqft | — | — |
| 2-bedroom apartments | 28 | AED 5.89M | 3 602 | 1 608 sqft | — | — |
| 3-bedroom apartments insufficient data | 1 | — | — | — | — | — |
| 4-bedroom apartments insufficient data | 4 | — | — | — | — | — |
Source: Registered DLD sales and Ejari rental contracts · Data through 22 Oct 2026 · yield shown only where at least 15 rents and 15 ready-home sales support it · Methodology v1.0 ↗
Registered sales by year
median interquartile range (middle 50% of transactions)
| Year | Sales | Median price | Median AED/sqft | Total registered value |
|---|---|---|---|---|
| 2026 | 30 | AED 4.97M | 3 758 | AED 152.47M |
| 2025 | 122 | AED 4.18M | 3 409 | AED 611.43M |
| 2024 | 38 | AED 3.77M | 3 418 | AED 150.08M |
| 2023 | 1 | — | — | AED 0 |
Source: Registered DLD transactions · Data through 22 Oct 2026 · calendar years; the current year is partial · Methodology v1.0 ↗
Latest registered sales
| Date | Property | Registration | Size | Price | AED/sqft |
|---|---|---|---|---|---|
| 30 Sep 2026 | 2 B/R Flat — ICONIC | Off-plan | 2 381 sqft | AED 7 592 381 | 3 188 |
| 22 Sep 2026 | 1 B/R Flat — ICONIC | Off-plan | 869 sqft | AED 3 895 111 | 4 484 |
| 16 Sep 2026 | 2 B/R Flat — ICONIC | Off-plan | 1 599 sqft | AED 5 615 099 | 3 511 |
| 27 Aug 2026 | 1 B/R Flat — ICONIC | Off-plan | 1 173 sqft | AED 4 391 020 | 3 743 |
| 13 Aug 2026 | 2 B/R Flat — ICONIC | Off-plan | 2 364 sqft | AED 8 447 755 | 3 574 |
| 31 Jul 2026 | 1 B/R Flat — ICONIC | Off-plan | 1 108 sqft | AED 5 284 375 | 4 767 |
| 26 Jun 2026 | 1 B/R Flat — ICONIC | Off-plan | 875 sqft | AED 3 580 958 | 4 095 |
| 17 Jun 2026 | 2 B/R Flat — ICONIC | Off-plan | 1 608 sqft | AED 5 865 222 | 3 648 |
| 4 Jun 2026 | 1 B/R Flat — ICONIC | Off-plan | 869 sqft | AED 3 841 359 | 4 422 |
| 4 Jun 2026 | 2 B/R Flat — ICONIC | Off-plan | 1 612 sqft | AED 7 448 750 | 4 620 |
| 3 Jun 2026 | 1 B/R Flat — ICONIC | Off-plan | 1 187 sqft | AED 4 200 000 | 3 538 |
| 2 Jun 2026 | 2 B/R Flat — ICONIC | Off-plan | 1 326 sqft | AED 5 004 334 | 3 773 |
Source: Registered DLD transactions · Data through 22 Oct 2026 · individual registrations, shown exactly as recorded, without trimming · Methodology v1.0 ↗
What these numbers do not show
- Prices from the developer. Nothing here is a price list, a payment plan or availability — these are transactions already registered with DLD.
- Whether construction is moving. The completion percentage is the figure recorded at the last technical inspection, and inspections are irregular: an unchanged number does not mean work stopped.
- A handover promise. The declared completion date is a registry field, not a commitment.
- Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
- Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
- Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.
Where this project sits
For AI agents and researchers
Machine-readable mirrors of this page: Markdown · JSON · llms.txt. How to cite: “Iconic — Dubai Data, Continental Club Property, data through 22 Oct 2026, https://datadubai.ae/projects/iconic/”. Reuse is permitted with attribution.
Put this project on your website
Paste this code into any page to show the price-per-sqft chart and the latest registered sales for Iconic. It updates every night by itself and always carries the source line and a link back here — that link is the only condition of reuse. Preview · data API and other embeds.