Palladium
Magnolia
Dubai Internet City, Dubai
From AED 1,250,000
- Payment plan60/40
- HandoverQ3 2028
- UnitsStudio – 1 BR
- Home
- Off-plan projects
- Dubai
- Dubai Internet City
- Iconic Tower
Off-plan
Golden Visa guidance
Iconic Tower
Iconic Tower is an off-plan apartments development by MERED in Dubai Internet City, with homes from AED 2,570,000 on a 50/50 payment plan and handover expected in Q3 2027. Homes at AED 2 million or more may support a 10-year UAE Golden Visa, with extra document rules for off-plan units.
Starting from
AED 2,570,000
Overview
Apartments in Dubai Internet City.
Recognisable Tower is a high-end development by MERED (PIONEER), who has completed 36 projects across Eastern Europe and the USA. Conveniently located on Sheikh Zayed Road next to the Dubai Internet City metro station, this is the tallest apartment building in the city. It comprises 67 floors, with a total of 310 residential properties. Signature Tower is distinguished by its stunning design by the world-famous Italian Pininfarina brand.
Among the proposed units are 1-3 bedroom apartments, two 3-bedroom premium residences and just one 3-bedroom duplex penthouse on the 58th-59th levels of the complex. The size of the units ranges from 858 sq. ft to 17,970 sq. ft, including the private balconies. Spacious layouts ensure the most comfortable living environment. Select residences additionally feature a maid’s room for homeowners’ absolute convenience. Please note that the residences come unfurnished and fully-fitted. The kitchens are distinguished by premium Miele appliances.
Details
Key facts.
- Developer
- MERED
- Area
- Dubai Internet City, Dubai
- City
- Dubai
- Starting price
- AED 2,570,000
- Status
- Off-plan
- Handover
- Q3 2027
- Property types
- Apartment
- Unit types
- 1–3 BR
- Payment plan
- 50/50
- Golden Visa
- Priced from AED 2M
Gallery
Project photos.
Payment plan
50/50, paid in 3 steps.
50% before handover50% on handover
- 15%Down paymentOn booking
- 245%Construction instalmentsDuring construction
- 350%Handover paymentOn handover
| Milestone | Share | Amount (AED)* |
|---|---|---|
| Down payment | 5% | 128,500 |
| Construction instalments | 45% | 1,156,500 |
| Handover payment | 50% | 1,285,000 |
| Total | 100% | 2,570,000 |
*Worked example on the starting price of AED 2,570,000. Instalment dates and amounts are confirmed per unit in the sales offer. DLD registration fees are payable on top (see the buying guide).
Floor plans
Unit types & sizes.
| Unit type | Size (sq ft) |
|---|---|
| 1 bedroom | 1097 |
| Unit type | Size (sq ft) |
|---|---|
| 2 bedrooms | 2277 |
| Unit type | Size (sq ft) |
|---|---|
| 3 bedrooms | 2752 |
Location
In Dubai Internet City.
Investment
The numbers, worked out.
- Entry price
- AED 2,570,000
- Paid before handover
- AED 1,285,000 (50%)
- Due on handover
- AED 1,285,000 (50%)
- DLD registration (4%)
- AED 102,800 verify
- Golden Visa threshold
- From-price is AED 2M or more
Worked from the starting price and the stated payment plan; your unit’s figures come from the sales offer. The 4% DLD figure is DLD’s published sale-registration fee (how it is split is set in the sale agreement). Not financial advice. See the investor guide.
Developer
About MERED.
- Projects on Sovereign
- 1
Brochure & floor plans
Get the brochure and floor plans.
Ask our team, or leave your details and we will send the developer’s brochure and floor plans with current availability.
- Project brochure
- Floor plans for every unit type
- Latest prices and payment plan
- Broker (Sovereign Realty) ORN
- 46342
Sovereign Realty’s broker registration. Trade licence 1430699.
FAQ
Questions about this project.
What is the starting amount at Iconic Tower?
Homes at Iconic Tower start from AED 2,570,000 for 1-bedroom homes. Availability and figures change with each release, so request the latest availability before you reserve.
What is the payment plan for Iconic Tower?
MERED offers a 50/50 payment plan: 50% during construction and 50% on handover. The Dubai Land Department registration fee of 4% is usually paid at signing, on top of the plan.
When is handover at Iconic Tower?
Handover is expected in Q3 2027. Completion dates can move, so check the developer's latest construction update before you plan around it.
What fees sit on top of the payment plan at Iconic Tower?
Budget for the Dubai Land Department registration fee of 4% of the sale value, usually paid at signing, and Sovereign's brokerage fee of 2%. Any developer admin charge is set in the sale and purchase agreement for the unit.
Does Iconic Tower qualify for the UAE Golden Visa?
A home with a purchase value of AED 2 million or more, held in your name, can support a 10-year Golden Visa. Off-plan units need extra documents, so read our Golden Visa guide first.
Who is the developer of Iconic Tower?
Iconic Tower is developed by MERED. See the developer page for their other projects in Dubai.
How do I get the floor plans and brochure for Iconic Tower?
Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for Iconic Tower.
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this project?
Ask about availability, the payment plan or resale rules.