Project profile
Iconic Project · Al Safouh Second · prices, sales and rents
Registered prices, construction progress and the record across its buildings.
Developer: Mered Residences Real Estate
Data to 4 November 2026
- Registered sales
- 53
- Last 12 months
- Median off-plan price
- AED 3,743
- Per sq ft
- Construction progress
- 34.9%
- DLD end date Feb 2028
Dubai Land Department lists the project as under construction, 34.9% complete, with a DLD end date of 28 February 2028. In the last 12 months, Dubai Land Department registered 53 sales in Iconic, worth AED 322.2M in total. The median off-plan price was 3,743 AED/sqft.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.
A project, in progress.
Under construction
- Start
- 30 September 2024
- DLD end date
- 28 February 2028
- Units
- 319
- Buildings
- 1
DLD progress 34.9% (register read on 1 November 2026); 61% of the registered period (30 September 2024 to 28 February 2028) has passed.
Launch and latest registrations.
- Launch price
- AED 3,455
- First 90 days from Feb 2024, 10 home sales
- Last 12 months
- AED 3,743
- 53 home sales
- Change
- —
- Same home types, AED/sqft
Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.
Iconic registered prices, over time.
Median registered price, AED per sq ft
Show the figures
| Month | Off-plan (registered sales) |
|---|---|
| Feb 2024 | — 1 sale |
| Mar 2024 | 3,455 AED/sqft 8 sales |
| Apr 2024 | — 1 sale |
| May 2024 | — 4 sales |
| Jun 2024 | — 2 sales |
| Jul 2024 | — 2 sales |
| Aug 2024 | — 2 sales |
| Sep 2024 | — 3 sales |
| Oct 2024 | — |
| Nov 2024 | 3,427 AED/sqft 8 sales |
| Dec 2024 | 3,308 AED/sqft 7 sales |
| Jan 2025 | — 3 sales |
| Feb 2025 | 2,901 AED/sqft 46 sales |
| Mar 2025 | 3,414 AED/sqft 14 sales |
| Apr 2025 | — 3 sales |
| May 2025 | 3,484 AED/sqft 9 sales |
| Jun 2025 | 3,818 AED/sqft 7 sales |
| Jul 2025 | 3,843 AED/sqft 16 sales |
| Aug 2025 | — |
| Sep 2025 | — 2 sales |
| Oct 2025 | — 2 sales |
| Nov 2025 | 3,276 AED/sqft 7 sales |
| Dec 2025 | 3,708 AED/sqft 12 sales |
| Jan 2026 | 3,693 AED/sqft 6 sales |
| Feb 2026 | — 4 sales |
| Mar 2026 | — 3 sales |
| Apr 2026 | — 3 sales |
| May 2026 | — 2 sales |
| Jun 2026 | 3,774 AED/sqft 6 sales |
| Jul 2026 | — 1 sale |
| Aug 2026 | — 2 sales |
| Sep 2026 | — 3 sales |
What does each home type sell and rent for in Iconic?
Apartment · 1 bed
- Median price, all sales
- AED 4M
- AED/sqft
- 3,743
- Sales
- 20
Apartment · 2 beds
- Median price, all sales
- AED 6M
- AED/sqft
- 3,739
- Sales
- 28
Last 12 months. Prices are medians of at least 5 registered sales, ready and off-plan together.
Service charges.
In the area report.
The Al Safouh Second area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.
See the Al Safouh Second area reportThe latest registered sales in Iconic.
| Date | Unit | Size | Price | AED/sqft |
|---|---|---|---|---|
| 4 Nov 2026 | Apartment · 2 beds · Off-plan | 2,364 sqft | AED 8,840,000 | 3,739 |
| 2 Nov 2026 | Apartment · 2 beds · Off-plan | 1,608 sqft | AED 6,023,645 | 3,746 |
| 2 Nov 2026 | Apartment · 1 bed · Off-plan | 1,108 sqft | AED 5,682,002 | 5,128 |
| 2 Nov 2026 | Apartment · 1 bed · Off-plan | 1,110 sqft | AED 4,118,066 | 3,710 |
| 30 Sep 2026 | Apartment · 2 beds · Off-plan | 2,381 sqft | AED 7,592,381 | 3,189 |
| 22 Sep 2026 | Apartment · 1 bed · Off-plan | 869 sqft | AED 3,895,111 | 4,482 |
| 16 Sep 2026 | Apartment · 2 beds · Off-plan | 1,599 sqft | AED 5,615,099 | 3,512 |
| 27 Aug 2026 | Apartment · 1 bed · Off-plan | 1,173 sqft | AED 4,391,020 | 3,743 |
| 13 Aug 2026 | Apartment · 2 beds · Off-plan | 2,364 sqft | AED 8,447,755 | 3,574 |
| 31 Jul 2026 | Apartment · 1 bed · Off-plan | 1,108 sqft | AED 5,284,375 | 4,769 |
4 Nov 2026
Apartment2 bedsOff-plan2,364 sqft
AED 8,840,0003,739 AED/sqft
2 Nov 2026
Apartment2 bedsOff-plan1,608 sqft
AED 6,023,6453,746 AED/sqft
2 Nov 2026
Apartment1 bedOff-plan1,108 sqft
AED 5,682,0025,128 AED/sqft
2 Nov 2026
Apartment1 bedOff-plan1,110 sqft
AED 4,118,0663,710 AED/sqft
30 Sep 2026
Apartment2 bedsOff-plan2,381 sqft
AED 7,592,3813,189 AED/sqft
22 Sep 2026
Apartment1 bedOff-plan869 sqft
AED 3,895,1114,482 AED/sqft
16 Sep 2026
Apartment2 bedsOff-plan1,599 sqft
AED 5,615,0993,512 AED/sqft
27 Aug 2026
Apartment1 bedOff-plan1,173 sqft
AED 4,391,0203,743 AED/sqft
13 Aug 2026
Apartment2 bedsOff-plan2,364 sqft
AED 8,447,7553,574 AED/sqft
31 Jul 2026
Apartment1 bedOff-plan1,108 sqft
AED 5,284,3754,769 AED/sqft
Questions about Iconic
What is the price per sq ft in Iconic?
In the 12 months to 4 November 2026, the median registered off-plan sale price was 3,743 AED/sqft.
How many homes were sold in Iconic in the last 12 months?
In the last 12 months, Dubai Land Department registered 53 sales in Iconic, worth AED 322.2M in total. The median off-plan price was 3,743 AED/sqft. Registered sales to 4 November 2026.
When is Iconic due to be completed?
Dubai Land Department lists the project as under construction, 34.9% complete, with a DLD end date of 28 February 2028. An end date is the date in the DLD register, not a handover forecast.
Where do these figures come from?
From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.
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