Dubai, UAE, 27 June 2024: MERED, an international real estate developer, is rapidly establishing itself as one of the fastest-growing companies in the Dubai real estate sector. In just one year since its market entry, MERED has swiftly emerged as a leading ultra-luxury player. The award-winning developer has launched and broken ground for its flagship project, the ICONIC Tower, within only six months. The tower will be the tallest in Dubai Internet City at 286.4 metres, boasting 310 luxury apartments and world-class amenities.

In just the last year, the project has received approval from various government authorities, including the Dubai Development Authority (DAD), the Real Estate Regulatory Agency (RERA) – Dubai Land Department (DLD) and launched the sale of its units. The ICONIC Tower represents the future of upscale living in Dubai, blending innovative design with modern urban trends to deliver unmatched quality and ultra-luxurious living standards. Since the tower’s launch, the design and contractor procurement are poised to wrap up this year, with the main construction phase to begin shortly and unit handover slated for Q3 2027.