Overview

Property Description

MERED (PIONEER) is the developer of Iconic Tower, which has completed 36 projects across Eastern Europe and the USA. Located on Sheikh Zayed Road, close to the Dubai Internet City metro station, this apartment building has 67 floors and 310 residential units. The stunning design of Iconic Tower was designed by the world-famous Italian Pininfarina. On the 58th and 59th floors of the complex, there will be apartments with 1-3 bedrooms, two 3-bedroom premium residences, and a 3-bedroom duplex penthouse. It has a total area ranging from 8,58 sq. ft. to 17,970 sq. ft., including private balconies. The spacious layouts make for a comfortable living environment. Select residences include a maid's room for ultimate convenience. The units come unfurnished and fully equipped.. Miele appliances distinguish the kitchens. As of Q4 2023, the starting price for a property in Iconic Tower is AED 2.57M (USD 700K). The service charge is AED 21 - 25 (USD 6 - 7) per square meter. The EOI is AED 40K (USD 11K). *Prices are valid for 2023 Due to its proximity to commercial spaces, coworking spaces, office facilities, and business services, Iconic Tower will be of interest to business professionals and entrepreneurs. If you invest in Iconic Tower, you will receive a 10-year Golden visa that covers your spouse, children, and domestic staff. The 1-bedroom properties in Dubai Internet City can be rented out for approximately AED 110K (USD 30K) per year if you are considering Iconic Tower as a buy-to-let property. You will be able to earn excellent passive income and increase your capital in this area due to the estimated 6% ROI.

Location