Iconic
- Under construction · 20% built · handover Q1 2028
- 66 floors
- 7 lifts
- 421 parking bays
- 1 pool
A 2 bed in Iconic costs a median AED 5.92M and rents long-let for AED 200,000/yr.
2 bed · typical price
5.92MAED
AED 3,648/sqft · +6.4% on a year
- Rent a year
- AED 200,000
- vs Dubai Media City
- 38% above the median
Cost to buy, all inAED 6.29M
- Price
- AED 5.92M
- DLD fee 4%
- AED 236,822
- Agent 2% + VAT
- AED 124,332
- Trustee
- AED 4,200
Fees repaid by rent22 months
Is Iconic a good investment?Prices rising and easy to sell; the rent pays below the Dubai median, few units are let and lots of new supply is coming; no record of the rent trend
- Does it pay a good rent?2.8% gross, before the service charge (not on file) (Dubai median 6.8%)2.8%Watch
- Is it easy to let?20 yearly leases, new and renewed, across 310 units in 12 months6%Watch
- Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
- Are prices going up?2 bed: AED 3,429/sqft a year ago, 3,648 now+6.4%Strength
- How fast do fees pay back?AED 365,354 in fees to buy a 2 bed; rent covers it in 1.8 years1.8 yrs
- Can I sell easily?50 sales in 12 months, 16% of the tower (116 the year before)50Strength
- Is a lot being built nearby?310 apartments are planned in Dubai Media City from 2026 to 2028, equal to 106% of the 292 homes let there today. A further 438 are past their planned date. Dubai Media City supply by year →106%Watch
- Did earlier buyers gain?Up 9% for launch buyers, before fees+9.2%Context
Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026
Iconic prices and rents by unit typeA two-bed costs about AED 5.92M and rents for about AED 200,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · Dubai Media City · area median AED 2,641/sqft
- 12-month change
- +6.4%
- vs area median
- +38.1%
Rental income
2 bed · Dubai Media City
- Median new rent
- AED 200,000/yr
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 2 bed: Mar 2024, AED 5,556,377; latest, Sep 2026, AED 7,525,748; peak, Aug 2026, AED 7,525,748.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 3,743 · before fees
- Launch, 2024–26
- 3,429
- +9%
- 44 sales
- Previous 12 months
- 3,356
- +12%
- 116 sales
- Last 12 months
- 3,743
- today
- 50 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
No resales match the last 12 months. Try another transaction type, bedroom type or period.
Market context in Dubai Media City
Registered sales activity
292 ready apartment sales in the 12 months to 2026-10-12.
-57.9% in median AED/sqft versus the preceding year, supported by 292 current and 47 prior price observations.
Explore sales activityPlanned apartment projects
0 known registered units across 0 pending projects planned within one year of the 2026-07-06 register.
1 projects had already passed their planned date; 1 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
310 apartments are planned in Dubai Media City from 2026 to 2028, equal to 106% of the 292 homes let there today.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About Iconic
Iconic is an under-construction (20% built) apartment building in Dubai Media City. 189 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 66
- Lifts
- 7
- Parking bays
- 421
- Pools
- 1
Drive times · typical
- Downtown
- 22 min · 22 km
- DXB Airport
- 26 min · 36 km
- DIFC
- 18 min · 25 km
- Dubai Marina
- 11 min · 6.4 km
- Palm Jumeirah
- 18 min · 13 km
Nearest, as registered
- Metro
- Dubai Internet City
- Mall
- Mall of the Emirates
- Landmark
- Burj Al Arab
Iconic: AED 3,743 per sq ft, 30% above the median Dubai Media City building, and a 2.8% gross yield, in the bottom tenth of the area
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- IconicAED 3,743
- Dubai Media City, readyAED 996
- Dubai Media City, off-planAED 3,316
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
IconicDubai Media City median building
- Dubai Media City2.8% vs 4.2%
Nearby in Dubai Media City
Prices per sq ft around Iconic, on the mapPrices per sq ft around Iconic, on the map
The S Tower
Dubai Media City · 9 sales, 12 months
14.20M
AED, resale median · 3,123/sqft
Dubai Jewel Tower
Dubai Media City · 218 sales, 12 months
400,000
AED, resale median · 904/sqft
Palm View
Dubai Media City · 65 sales, 12 months
3.49M
AED, resale median · 2,207/sqft
DAMAC Casa
Dubai Media City · 47 sales, 12 months
5.85M
AED, resale median · 3,043/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 2 bedOn record
- Rental evidence · 2 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 2 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Iconic’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 23,036AED
- 4.5% over 25 years
- Monthly rent
- 16,667AED
- AED 200,000 a year
- Cash needed at purchase
- 2,196,322AED
- 30% down plus AED 420,159 in fees
Owning costs AED 568,454 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 3.
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Common questions
- What is the rental yield in Iconic?
- No gross yield is published for Iconic as of 2026-10-12: fewer than 5 new Ejari contracts were registered in the last 12 months. In the last 12 months it had 27 registered sales and 1 new Ejari contract; a published yield needs at least 5 new contracts and 3 sales.
- How much does a 2 bedroom in Iconic cost?
- The median registered sale price is AED 5.92M (3,648 AED/sqft), from 27 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- Have prices in Iconic risen or fallen?
- Median price per square foot moved +6.4% over the last 12 months against the 12 before it, on 27 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- What is the registered annual rent for a 2 bedroom in Iconic?
- The median new annual rent is AED 200,000, from 1 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- How many apartments change hands in Iconic?
- 27 sales were registered with the Dubai Land Department in the last 12 months, alongside 1 Ejari rental contracts. Every median on this page rests on those counts.
For agents
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Iconic sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 27 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/dubai-media-city/iconic
Cite as: Dubai Wealth Index. “Iconic sale prices and yield.” Dubai Media City, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-media-city/iconic
Stable dataJSON