Iconic Residence

Description

The upcoming Iconic Residence, developed by MERED, will stand as a new landmark in Dubai Internet City, Dubai. Designed by the renowned Pininfarina brand, the residential tower will have 60 floors and 6 podiums featuring amenities like restaurants, cafes, retail stores and a Pininfarina pop-up store. It will include 1 to 4-bedroom apartments, a couple of premium units and an exclusive penthouse. Iconic Tower boasts two sets of exclusive amenities that redefine luxury living. The Oasis amenities will include a main pool with a bar, a fully equipped gym, yoga areas, a kids' play area with a pool, private lounges and a cinema. On the 40th floor, Sky amenities will feature an infinity pool, steam baths, jacuzzi, sauna, two-level lounges, outdoor terraces and a bar, offering breathtaking views and unparalleled relaxation options.

Amenities & Features

Property Details

Investment Analysis

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

• Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
• Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
• Net ROI = (Net annual income ÷ Total investment) × 100.
• Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks