Iconic Residences in Dubai Internet City
Iconic Residences · Dubai Internet City, Dubai
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Launch Price
AED 3.4M
Property Type
Apartment
Bedrooms
1 - 4 Beds
Payment Plan
50/50
Handover
Q3 2027
Projected Yield
5.6 to 7.6%
Buyers in Dubai Internet City can access 1 - 4 beds apartment options at Iconic Residences from AED 3.4M. The 50/50 payment structure divides the cost between construction and handover, targeting completion in Q3 2027. Projected gross returns run in the 5.6 to 7.6% range annually, in line with similar off-plan product in Dubai. MonthlyDubai sends personalised shortlists to WhatsApp within 48 hours. Free to use, no agency commission involved.
Payment Plan Breakdown
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 50% | AED 1,700,000 Due on signing SPA |
|
| On Handover | 50% | AED 1,700,000 Due at Q3 2027 |
|
| Total | AED 3,400,000 | ||
On Booking
50%
AED 1,700,000
Due on signing SPA
On Handover
50%
AED 1,700,000
Due at Q3 2027
Total
100%
AED 3,400,000
Questions about Iconic Residences
What payment plan does Iconic Residences offer?
Iconic Residences uses a 50/50 payment plan. Buyers pay 50% at booking, with the remaining spread across construction and handover in Q3 2027.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Iconic Residences fits your budget and send you comparable alternatives.
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