Site A · DLD district Al Safouh Second MeredDLD project 2865
Towers under construction with cranes on the Dubai waterfront. A general view of Dubai, not this projectPhoto: Leandro Neumann Ciuffo, Wikimedia Commons, CC BY 2.0, resized and cropped
A drawing, not this building: 34.86% built at DLD’s inspection on 11 Aug 2026
The short answer
Iconic is active on the DLD register, completion date 28 Feb 2028. It was 34.86% built at DLD’s inspection on 11 Aug 2026. Its 51 home sales over Oct 2025–Sep 2026 registered at a median AED 5.3m, AED 3,743 per sq ft.
Completion dateSourceDLD project registerWindowcompletion dateFigureas the register lists itDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
28 Feb 2028
on the DLD register
BuiltSourceDLD project registerFigure% built at DLD’s latest inspectionDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
34.9%
DLD inspection, 11 Aug 2026
Median 2 BRSourceDLD registered salesWindowOct 2025–Sep 2026Based on28 salesFiguremedian price and median price per sq ft of home sales of this sizeDatasales to 5 Oct 2026How it is worked out
AED 5.9m
AED 3,642/sq ft · 28 sales
Median home priceSourceDLD registered salesWindowOct 2025–Sep 2026Based on51 salesFiguremedian of registered home sales, not an asking priceDatasales to 5 Oct 2026How it is worked out
AED 5.3m
51 home sales, Oct 2025–Sep 2026
Sales, 12 monthsSourceDLD registered salesWindowOct 2025–Sep 2026Based on51 salesFigureregistered sales of every property typeDatasales to 5 Oct 2026How it is worked out
51
−56% on Oct 2024–Sep 2025
Registered prices of 1-bedroom homes here, Oct 2025–Sep 2026
Lower quartile, median and upper quartile of 18 home sales; median size 1,095 sq ft.
The DLD project register
Active
Completion date on the DLD register: 28 Feb 2028
34.86% built at DLD’s inspection on 11 Aug 2026.
Started30 Sep 202434.9% builtinspection 11 Aug 2026Completion28 Feb 2028
Built, at DLD’s latest inspection34.86%
DLD project number
2865
Status
Active
Completion date
28 Feb 2028
Start date
30 Sep 2024
Registered
4 Jan 2024
Developer
Mered Residences Real Estate L.L.C · DLD developer 1611
Escrow account bank
Mashreq Bank Psc
Units
319
Buildings
1: Iconic
Inspection history: 10 inspections on the register
Inspection date
Built
11 Aug 2026
34.86%
30 Apr 2026
29.03%
23 Jan 2026
24.38%
16 Sep 2025
20%
10 Sep 2025
16.41%
9 May 2025
11.29%
12 Nov 2024
8.84%
27 Jun 2024
4.04%
1 May 2024
0.2%
7 Dec 2023
0%
Source: Dubai Land Department project register, read 13 Oct 2026. The register’s own figures, shown as it lists them.
Developer’s reply: none yet. Mered can send a reply about these figures; replies are checked before they’re published and never change a number. How developers reply
Statement ID S-2865-H1 · DLD register read 13 Oct 2026
Home prices by size
registered home sales, Oct 2025–Sep 2026
Size
Sales
Median price
Median AED /sq ft
Median size, sq ft
1 BR
18
AED 4.0m
3,743
1,095
2 BR
28
AED 5.9m
3,642
1,607
3 BR
1 · fewer than 5
—
—
—
4 BR
4 · fewer than 5
—
—
—
Medians of registered flat and villa sales with no data-quality flag; a size with fewer than 5 sales shows no median.
Check an asking price
use the size on the sale contract
Enter the size and the asking price to compare them with registered sales.
Every type of sale, newest first; DLD publishes no time of day. Price per sq ft for homes only. “vs area”: against the median for that size in Site A, Oct 2025–Sep 2026.
Iconic in Mered’s ads
9 of Mered’s 27 running ads name Iconic, from Meta’s Ad Library on 26 Oct 2026. Prices and claims in ads are the developer’s, not checked against DLD records.
Discover branded Italian residences in Dubai, designed by Pininfarina.
Every detail at ICONIC Residences is crafted to make time at home feel more relaxing, comfortable and complete.
• Infinity pool overlooking the Arabian Gulf
• Technogym Sports Club and padel court
• Spa with sauna, steam room and a cold plunge
• Private cinema, club lounge and panoramic terrace
From AED 3M | 50/50 payment plan | 5% booking | Completion in 2027
📩 Book a private consultation and discover life at ICONIC.
Ready for your next address in Dubai? Make it ICONIC.
Every detail at ICONIC Residences by Pininfarina is crafted to make time at home feel more relaxing, comfortable and complete.
• Infinity pool overlooking the Arabian Gulf
• Technogym Sports Club and padel court
• Spa with sauna, steam room and a cold plunge
• Private cinema, club lounge and panoramic terrace
From $817K | 50/50 payment plan | 5% booking | Completion in 2027
📩 Book a private consultation and get one step closer to life at ICONIC.
Discover branded Italian residences in Dubai, designed by Pininfarina.
Every detail at ICONIC Residences is crafted to make time at home feel more relaxing, comfortable and complete.
• Infinity pool overlooking the Arabian Gulf
• Technogym Sports Club and padel court
• Spa with sauna, steam room and a cold plunge
• Private cinema, club lounge and panoramic terrace
From $817K | 50/50 payment plan | 5% booking | Completion in 2027
📩 Book a private consultation and discover life at ICONIC.
Own a branded Italian residence by the legendary design house behind Ferrari and Maserati.
• Panoramic views across Dubai’s skyline and the Arabian Gulf
• 3 levels of resort-style amenities for exceptional comfort
• European wood and Italian marble finishes
• 10-Year UAE Golden Visa eligibility
From $817K | 5% booking
Take the next step towards making ICONIC Residences your own private address in Dubai.
📩 Book a private project presentation.
Ready for your next address in Dubai? Make it ICONIC.
Every detail at ICONIC Residences by Pininfarina is crafted to make time at home feel more relaxing, comfortable and complete.
• Infinity pool overlooking the Arabian Gulf
• Technogym Sports Club and padel court
• Spa with sauna, steam room and a cold plunge
• Private cinema, club lounge and panoramic terrace
From $817K | 50/50 payment plan | 5% booking | Completion in 2027
📩 Book a private consultation and get one step closer to life at ICONIC.
Imagine Dubai's skyline becoming part of your everyday life.
Wake up to panoramic views in branded Italian residences by Pininfarina and let this become your new way of living in Dubai.
• 3 levels of resort-style amenities for exceptional comfort
• European wood and Italian marble finishes
• From the legendary design house behind Ferrari and Maserati
• 10-Year UAE Golden Visa eligibility
From $817K | 5% booking
Take the next step towards making ICONIC Residences your own private address in Dubai.
📩 Book a private project presentation.
Join us for an exclusive walkthrough of the ICONIC Residences Design by Pininfarina apartment in the heart of Dubai ✨
Discover a spacious layout carefully planned to maximise light, space, and panoramic sea views, while reflecting Pininfarina’s signature approach to design. See for yourself how elegant marble finishes, oak parquet flooring, exclusive Pininfarina-designed shelving and ceiling features create timeless, sophisticated interiors.
Explore a generous walk-in wardrobe, a Nolte kitchen with Miele appliances, and luxury fittings by Gessi and Villeroy & Boch — bringing elegance and exc
Own a branded Italian residence by the legendary design house behind Ferrari and Maserati.
• Panoramic views across Dubai’s skyline and the Arabian Gulf
• 3 levels of resort-style amenities for exceptional comfort
• European wood and Italian marble finishes
• 10-Year UAE Golden Visa eligibility
From AED 3M | 5% booking
Take the next step towards making ICONIC Residences your own private address in Dubai.
📩 Book a private project presentation.
Wake up to Dubai's most ICONIC views.
At ICONIC Residences design by Pininfarina, enjoy resort-style living with breathtaking panoramic views.
• Perfectly positioned between Palm Jumeirah and Burj Al Arab
• Infinity pool overlooking the Arabian Gulf, Technogym Sports Club, padel court and spa with a cold plunge
• European wood and Italian marble finishes in every residence
From AED 3M | Booking from 5% | 10-Year UAE Golden Visa eligibility
🔑 Book a private project presentation.
Each point is the median price per square foot of the month’s registered home sales (flats and villas). A month with fewer than 10 home sales is left as a gap. Registered prices, not asking prices.
Most sold size
2 bedroom
23%1
41%2
30%3
6%4
Share of the home sales over Oct 2025–Sep 2026 that recorded a bedroom count
Sales a year
498 sales2025+24800%on 2019
Full years only, registered sales of every type. 37 sales in 2026 to 5 Oct.
Off-plan share
23% of the 331 sales over Oct 2025–Sep 2026 were registered as off-plan, DLD’s own registration type.
The full record
every figure behind the summary
Sales by year and by month
Year
Sales
Off-plan
Ready
Value
Median home price
Median AED /sq ft
2023
1
0
1
AED 140m
—
—
2024
38
38
0
AED 181m
AED 3.8m
3,418
2025
122
122
0
AED 611m
AED 4.2m
3,409
2026 to 5 Oct
30
30
0
AED 176m
AED 5.0m
3,963
Sales and value: registered sales of every property type since Jan 2019. Off-plan: DLD’s registration type; Ready: every other sale. Medians: home sales only, shown with 5 or more.
191sales registered, Jan 2023 to Sep 2026
Every registered sale, all property types.
Other projects in Site A
331 sales were registered in Site A over Oct 2025–Sep 2026.
Iconic is a Mered project in Site A, Dubai, registered with the Dubai Land Department as project 2865 by Mered Residences Real Estate L.L.C. The register lists it as active, with a completion date of 28 Feb 2028, 34.86% built at DLD’s inspection on 11 Aug 2026.
191 sales have been registered since Jan 2019, the first on 24 Jan 2023, 51 of them over Oct 2025–Sep 2026. Over those twelve months its 51 home sales registered at a median AED 5.3m. The sales include 1 land plot, left out of every price figure. These are prices buyers paid, recorded at registration, not asking prices.
By sales since Jan 2019 it is 3rd of the 4 projects with a registered sale in Site A, and first of Mered’s 1.
Questions about Iconic
When will Iconic be finished?
The DLD register lists a completion date of 28 Feb 2028. It was 34.86% built at DLD’s inspection on 11 Aug 2026. These are the register’s own figures, read 13 Oct 2026; we don’t forecast a finish.
Is Iconic finished?
No. The DLD register lists it as active, 34.86% built at the inspection on 11 Aug 2026.
What do homes in Iconic sell for?
1 BR: a median AED 4.0m, AED 3,743 per sq ft, from 18 sales; 2 BR: a median AED 5.9m, AED 3,642 per sq ft, from 28 sales. Registered home sales over Oct 2025–Sep 2026, not asking prices.
How many sales has Iconic had?
191 sales registered with the Dubai Land Department since Jan 2019, 51 of them over Oct 2025–Sep 2026. The count includes 1 land plot, which are left out of every price figure.
Who is the developer of Iconic?
The DLD register lists Mered Residences Real Estate L.L.C, DLD developer number 1611, which we group under Mered.
Where is Iconic?
In Site A, Dubai. The Dubai Land Department registers its sales under the district Al Safouh Second.
Which escrow account does DLD list for Iconic?
The DLD project register lists an escrow account with Mashreq Bank Psc for Iconic.
Cite this page
Iconic, Site A. Real Estate IQ, from DLD registered sales to 5 Oct 2026 and the DLD project register read 13 Oct 2026. dubairealestateiq.com/project/iconic
