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DLD register · 1 Nov 20261,801 not completed1,239 under construction227 past DLD end date · median 7 mo238 registered to end in 2026487,805 units in pipeline
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DLD project no. 2865Under construction319 units

Iconic ايكونك Al Safouh Second · Site A by Mered Residences Real Estate L.L.CAll phases of Site A 34.9% built (DLD register as of 1 November 2026) DLD end date Feb 2028 15 months to go DLD register as of 1 November 2026. The end date is the one registered with DLD, not a handover forecast.

% built
34.9%
DLD register, 1 November 2026
Period elapsed
61%
Sep 2024 → Feb 2028
Latest sales
3,746 AED/sqft
50 sales
1 BR estimate
3.67–4.39 M AED
Automated estimate, not a valuation
Developer
1 project
0 completed · 0 units delivered

CompletionDLD readings of % built, beside the share of the planned period gone

% built and period elapsed

1 November 2026
Built
34.9%Elapsed
61%

Two separate measures: one is DLD's % built, the other is time on the calendar.

Latest DLD register reading: 34.9% built on 1 November 2026 (register readings: 3). Latest DLD inspection: 34.9% built on 11 August 2026 (inspections: 10).
Every DLD inspection and every change in the register %, newest first
Date % built Source
11 August 2026 34.9% DLD inspection
30 April 2026 29% DLD inspection
23 January 2026 24.4% DLD inspection
16 September 2025 20% DLD inspection
10 September 2025 16.4% DLD inspection
9 May 2025 11.3% DLD inspection
12 November 2024 8.8% DLD inspection
27 June 2024 4% DLD inspection
12 May 2024 0% DLD register, archived export
1 May 2024 0.2% DLD inspection
7 December 2023 0% DLD inspection

Source: Dubai Land Department projects register, as of 1 November 2026. Earlier readings: archived DLD projects exports of 12 May 2024. Source: Dubai Land Department, Project Status inspections (dates and % only), collected on 7 November 2026. DLD Project Status ↗ Period elapsed: our calculation from DLD’s start and end dates.

Our completion calculation

Pace since the last two DLD readings: —

Our calculation from DLD readings. It describes the recent pace only; it is not a forecast of the completion date.

Site timeline

± 6 months
Works startedOct 2022 ± 6 months
Structure risingJan 2025 ± 6 months
Topped outNot seen yet
FinishedNot seen yet

Each date is ± 6 months. This is our reading, not DLD's; no image is shown. Read from imagery dated 18 April 2022 to 7 June 2026; method imagery-v1.

Changes in the DLD register

1 Nov 2026Construction completed: 34.9% → 34.9%.

Source: DLD projects register exports, compared by CraneScore. Dates and progress are those in the Dubai Land Department projects register on each register date, not inspection dates. DLD can revise the end date; we keep every register reading from 28 October 2026 on and list the changes here.

Inspection photos and reports

DLD’s Project Status service (Mashrooi) shows inspection details and site photos. Look the project up by its number.

CraneScore links to DLD and does not copy or host its photos or reports.

DLD registration

DLD services ↗
DLD project number
2865
Escrow agent
Mashreq Bank PSC
Zoning authority
Dubai Development Authority (DDA)
Master project
Site A
DLD area
Al Safouh Second
Units · villas
319 · 0
Start → DLD end
Sep 2024 → Feb 2028
Registered units1 bed 144 · 2 bed 124 · 3 bed 9 · 4 bed 33; sizes 1,078–1,652 sqft

Also registered: shops and showrooms 9.

Counts from DLD's units register; villas from its buildings register. Sizes: the middle half of the homes' registered areas (25th to 75th percentile), villas by built-up area. Source: Dubai Land Department open data (units and buildings registers, export of 5 November 2026), under the Dubai Data Open Data Licence.

Description in the DLD register: The project is composed of B + G + 5P + 60F+ 1 Mec F + Roof ,residential units.

DLD's own services for this project, including the Dubai REST app: dubailand.gov.ae

Price historyRegistered sale prices for this project, in AED per sq ft, with the number of sales in each figure.

AED · sqft
Launch price
3,455 AED/sqft
Median of 10 off-plan sales in the 90 days from the first one (Feb 2024)
Latest registered sales
3,746 AED/sqft
Median of 50 home sales in the last 12 months, ready and off-plan

Dubai Statistics Center residential price index (flats), 2024-Q1 to 2026-Q2: +10.8%.

Prices are over apartments, the type most sales in this project are.

Median AED/sqft (number of sales) by bedroom count, where both periods have at least 5 sales
Bedrooms Launch price Latest registered sales Change
1 BR 3,434 (7) 4,093 (8) +19.2%
Registered sales of apartments by bedroom count over the last 24 months, and the median AED/sqft of the latest off-plan sales (number of sales)
Bedrooms Sales, 24 months Latest median AED/sqft Latest sales
1 BR 80 4,093 (8) May 2026 – Nov 2026
2 BR 68 3,648 (8) May 2026 – Nov 2026
3 BR 7 — —
4 BR 11 — —

Launch price: median AED/sqft of the project's off-plan home sales in the 90 days from its first one, for a first sale on or after 1 March 2020; Skyline Index uses the same rule. Latest: home sales of the last 12 months after the launch window, ready and off-plan; the change compares the same home types. The bedroom table compares the launch window with the last 6 months (12 when 6 have fewer than 5 sales). Off-plan registrations include developer sales and resales; DLD open data does not tell them apart. Sales more than 4 times off the median are left out.

Median AED/sqft by quarter

2024-Q1 → 2026-Q4

Median AED/sqft of registered sales per quarter (apartments). Source: DLD. Grey dashed line: DLD area Al Safouh Second, median AED/sqft of off-plan sales of apartments by quarter. A quarter with fewer than 5 sales is left as a gap. The last quarter runs to 5 November 2026.

Registered sales per quarter

Registered sales per quarter, off-plan and ready units. Source: DLD.

Rents in DLD area Al Safouh Second

New Ejari rent contracts for apartments across DLD area Al Safouh Second, 12 months to 5 November 2026, against the 12 months before: the rent level around this project. No yield is shown before the project is completed.

Bedrooms Median annual rent New contracts Change on a year earlier
1 BR AED 145,000 31 +3.6%
2 BR AED 180,000 27 -12.2%
3 BR AED 190,000 17 -29.6%
4 BR AED 750,000 25 -6.2%

New single-unit contracts only; renewals and contracts over several units are left out. A bedroom count shows from 5 contracts, a change needs 5 in both years and a yield 10 ready sales.

Source: Dubai Land Department open data (Ejari rent contracts and registered sales), under the Dubai Data Open Data Licence.

Registered sales

The newest sales DLD has registered in this project, as DLD publishes them.

The newest 10 of 53 registered sales in the 12 months to 5 November 2026
DateMarketType Size (sqft) Price (AED) AED/sqft
4 November 2026off-planApartment · 2 BR 2,364 8,840,000 3,739
2 November 2026off-planApartment · 2 BR 1,608 6,023,645 3,746
2 November 2026off-planApartment · 1 BR 1,108 5,682,002 5,128
2 November 2026off-planApartment · 1 BR 1,110 4,118,066 3,710
30 September 2026off-planApartment · 2 BR 2,381 7,592,381 3,189
22 September 2026off-planApartment · 1 BR 869 3,895,111 4,482
16 September 2026off-planApartment · 2 BR 1,599 5,615,099 3,512
27 August 2026off-planApartment · 1 BR 1,173 4,391,020 3,743
13 August 2026off-planApartment · 2 BR 2,364 8,447,755 3,574
31 July 2026off-planApartment · 1 BR 1,108 5,284,375 4,769

Each sale as DLD registers it. Off-plan registrations include developer sales and resales, which DLD open data does not tell apart. DLD publishes no buyer or seller names. Shown on this page only, not as a download.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence. DLD Transactions dataset · Licence

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Bedrooms

Estimated value range

Estimated value range
Bedrooms Range, AED Based on Compared at
1 BR 3,670,000 – 4,390,000 20 sales, 12 months This project
2 BR 5,620,000 – 8,170,000 25 sales, 12 months This project
Automated estimate, not a valuation

Estimate as of 5 November 2026 Track this unit

Automated estimate from registered off-plan sales (developer sales and resales mixed); not a valuation by a registered valuer; not for mortgage or court use.

Resale asking prices against the original price

Fewer than 5 resale offers with an original price are tracked for this project.

Across all Dubai off-plan resale offers we track: -3.9% (1,105 offers).

Median asking premium by share of the price already paid (number of offers); shown from 5 offers
Paid to the developer This project All Dubai
0–30% paid—0% (9)
30–50% paid—-5% (51)
50–70% paid—-1.5% (65)
70% paid or more—-3.5% (45)

Asking prices of off-plan resale offers we track, compared with each offer's original price, with the 4% DLD fee removed on both sides. A negative value means asking below the original price. Only aggregates of at least 5 offers are shown; no individual offer, seller or agent is.

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Payment scenarioEnter the developer’s plan to see what you pay and when. Handover starts at the DLD end date (Feb 2028); move it with the slider.

A scenario from your own inputs, not this project's verified payment plan.

Common plans

Plan shares add up to 100% (must be 100%).

Handover
Feb 2028
Paid by handover
AED 1,045,000
Fees included
Price paid at handover
100%
Total cost
AED 1,045,000
Fees: AED 45,000

Payments per quarter

AED

Payments per quarter, AED, fees included. Illustration from your inputs.

The DLD fee (4% of the price) and the fees above are paid at booking. With a resale price, the unit is sold at handover and the buyer takes over any unpaid balance; agent fees, mortgage costs and service charges are left out. An illustration from your inputs, not financial advice.

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LocationAl Safouh Second · Dubai Municipality community

Supermarket · 150 mSupermarket · 170 mDubai Internet City Metro Station · 370 mAl Maya · 460 mEmaar Business Park · 670 mChoueifat School · 690 mCoventry University UAE Regional Hub · 780 mPremier Genie · 820 mMall · 860 mICCA Dubai · 880 mAl Sufouh · 920 mKnowledge Village · 940 mWelcare Hospital · 950 mDubai College · 970 mGreens Park · 970 mAl Zahra Hospital · 1.1 kmPark · 1.2 kmBeach · 1.3 kmBeach · 1.4 kmSaudi German Hospital · 1.4 kmProject location© OpenStreetMap contributors · Dubai Municipality · RTA · Makani
Project location Metro and tram Malls and supermarkets Schools and hospitals Parks and beaches

Places near the project

Straight-line distances from the project’s map pin, rounded to 10 m. The nearest place of each kind.

Metro stationDubai Internet City Metro Station · Red Metro line · 370 m
Tram stopAl Sufouh · Tram line · 920 m
MallMall · 860 m
SupermarketSupermarket · 150 m
HospitalWelcare Hospital · 950 m
SchoolChoueifat School · 690 m
ParkEmaar Business Park · 670 m
BeachBeach · 1.3 km

School ratings: KHDA’s school directory ↗ · Report a wrong location

Dubai Municipality · Makani · © OpenStreetMap contributors · RTA

New homes within 1.5 km

Open projects within 1.5 km of the pin: 15, with 3,161 units and villas.

2024: 2422026: 1,7842027: 412028: 02029: 1,094No end date: 0

Open projects within 1.5 km of the pin, by DLD end year Highlighted: this project’s DLD end year.

Every project in Al Safouh Second

Developer in DLD data Mered Residences Real Estate L.L.C · DLD developer no. 1611

Projects registered
1
0 completed · 1 under construction · 0 not started
Units delivered
0
319 in the pipeline
Past the DLD end date
0
of 1 under construction with a DLD end date

Source: DLD projects register, export of 1 November 2026. Medians: our calculation, 3 projects or more.

Other projects in Site A

DLD lists 3 projects in the master project Site A.

Cavalli Casa TowerUnder construction · 85.1% · Sep 2025
Damac CasaUnder construction · 33.6% · —
The S TowerCompleted · 100% · Feb 2026

Questions about Iconic

When is Iconic's handover?

DLD lists an end date of Feb 2028 (register of 1 November 2026); the SPA sets the handover terms.

Is Iconic past its DLD end date?

No. Its DLD end date is Feb 2028, 15 months after the register of 1 November 2026.

How far along is Iconic?

34.9% built in the DLD register of 1 November 2026.

Who is the developer of Iconic?

Mered Residences Real Estate L.L.C, as registered with DLD.

What is the DLD project number of Iconic?

2865.

Source: Dubai Land Department open data: projects register (export of 1 November 2026) and registered sales to 5 November 2026; Dubai Statistics Center price index. Methodology · Report a data error