Iconic Tower vs Magnolia
A neutral, data-only comparison of Iconic Tower in Dubai Internet City and Magnolia in Dubai Internet City, built from published developer figures. No project is recommended over the other; the table simply puts the numbers side by side.
| Detail | Iconic Tower | Magnolia |
|---|---|---|
| Developer | Mered | Palladium Prime Real Estate Development |
| Location | Dubai Internet City, Dubai | Dubai Internet City, Dubai |
| Starting price | AED 2,985,470 – AED 11,864,310 | AED 1,200,000 – AED 2,700,000 |
| Price per sqft | AED 3,365 – 4,065 | AED 3,469 – 3,960 |
| Unit types | Apartments | Apartments |
| Unit sizes | 864 sqft – 2,704 sqft | 303 sqft – 490 sqft |
| Handover | Q3 2027 | Q3 2028 |
| Down payment | — | — |
| Post-handover plan | No | No |
| Amenities listed | 11 | 6 |
| Status | Under Construction | Under Construction |
Iconic Tower vs Magnolia — Frequently Asked Questions
- Which is cheaper, Iconic Tower or Magnolia?
- Magnolia has the lower published entry price at AED 1,200,000, versus AED 2,985,470 at the other project. Entry price alone can be misleading: compare price per sqft, which is AED 3,365 – 4,065 at Iconic Tower and AED 3,469 – 3,960 at Magnolia.
- Which hands over first, Iconic Tower or Magnolia?
- Iconic Tower is scheduled for handover in Q3 2027, ahead of the other project.
- Do Iconic Tower and Magnolia offer post-handover payment plans?
- Iconic Tower: no post-handover instalments published. Magnolia: no post-handover instalments published.