# When is the Iconic Tower handover date?

URL: https://www.dxbrealtor.ai/answers/iconic-handover-date/
Topic: Handover date
Updated: 2026-10-11

## Short answer

The Iconic Tower handover date is 28 February 2028, the registered completion date on the Dubai Land Department (DLD) register; Mered's website shows Q3 2027. The DLD recorded the tower 34.86% complete at its inspection of 11 August 2026, up from 29.03% on 30 April 2026. At the pace recorded during 2026, about 1.6 points a month, completion would fall well after February 2028 unless construction speeds up.

## Key figures

- Registered completion date (DLD): 28 Feb 2028 (DLD project 2865, via Continental Club)
- Latest construction progress: 34.86% (DLD inspection, 11 Aug 2026)
- Developer's stated date: Q3 2027 (Mered website, accessed 11 Oct 2026)
- Date at contract tender: Q4 2027 (Mered via Gulf Construction Online, 1 Mar 2024)

## Iconic Tower handover date: the latest position

Iconic Tower is registered for completion on 28 February 2028 under DLD project 2865. Mered's website still gives Q3 2027, about six months earlier. Prices, sizes and the payment plan are on the [Iconic Tower by Mered](/projects/iconic/) page.

The Dubai Land Department (DLD) recorded the tower 34.86% complete at its inspection of 11 August 2026. With about 65 points left and roughly 18 months to the registered date, the site would need to average about 3.5 points a month. It averaged about 1.6 points a month across 2026.

## Iconic Tower handover date by building

Iconic Tower is a single G+66 tower of 319 units, filed by the DLD under Dubai Media City and marketed as Dubai Internet City.

| Building | Construction progress (DLD, date) | Registered completion date | Developer or portal date |
|---|---|---|---|
| Iconic Tower, 319 units (DLD project 2865) | 34.86%, 11 Aug 2026 | 28 Feb 2028 | Q3 2027 (Mered website; Dubainary) |

The DLD inspection record:

| DLD inspection | Progress | Change |
|---|---|---|
| 7 Dec 2023 | 0% | |
| 23 Jan 2026 | 24.38% | |
| 30 Apr 2026 | 29.03% | +4.65 points in about 3 months |
| 11 Aug 2026 | 34.86% | +5.83 points in about 3.5 months |

Source: DLD register via Continental Club, registry updated 7 October 2026.

## How the Iconic Tower handover date has changed

| Date | What happened | Source |
|---|---|---|
| 8 Feb 2024 | Mered announces the Pininfarina partnership, 311 apartments, 286.4 metres. | Gulf News |
| 1 Mar 2024 | Mered says the main contract is out to tender for completion in Q4 2027. | Gulf Construction Online |
| 2 Apr 2024 | Groundbreaking with foundation contractor Dutch Foundation Dubai. | Construction Week Online |
| 30 Sep 2024 | Construction start on the DLD register. | Continental Club |
| Oct 2026 | Mered's website and portals still give Q3 2027. | Mered; Dubainary, accessed 11 Oct 2026 |
| Oct 2026 | Registered completion date 28 February 2028; 34.86% built. | Continental Club |

The date has moved from Q3 or Q4 2027 in Mered's marketing to February 2028 on the register. On the 2026 pace, the tower would reach only about 65% by February 2028, so a further change is possible.

## What the Iconic Tower handover date means for payments

Iconic Tower sells on a 50/50 plan: 5% on booking, 45% during construction and 50% on handover (Continental Club; Dubainary). Mered's 2024 plan put 20% on the SPA date after the booking deposit. Because half the price is due at completion, a later handover also pushes back the largest payment. On a 1 bedroom at the AED 3.48 million DLD median, about AED 1.74 million falls due on handover.

## What to check before relying on the Iconic Tower date

1. **Which date the SPA states**, Q3 2027, Q4 2027 or 28 February 2028, and the grace period after it.
2. **The next DLD inspection.** A reading near 40% by the end of 2026 would confirm the 2026 pace; a jump well above that would show the build speeding up.
3. **Funding for the 50% handover payment**, since banks lend against the completed unit and the timing depends on the real completion date.
4. **Construction instalments on a resale.** Buyers of an Iconic Tower unit before handover inherit the remaining construction payments and the full handover balance.

## Frequently asked

### When will Iconic Tower be completed?

The DLD registered completion date is 28 February 2028 (Continental Club, registry updated 7 Oct 2026). Mered's website shows Q3 2027.

### Has the Iconic Tower handover date been delayed?

The registered date of 28 February 2028 is later than the Q4 2027 completion Mered gave in March 2024 and the Q3 2027 still on its website (Gulf Construction Online; Mered).

### How far along is Iconic Tower?

34.86% at the DLD inspection of 11 August 2026, after 24.38% on 23 January 2026 and 29.03% on 30 April 2026 (Continental Club).

### Is Iconic Tower on track for 2028?

Not at the 2026 pace. About 1.6 points a month would leave the tower near 65% by February 2028. Progress would need to roughly double to meet the registered date.

## Sources

- Continental Club, Iconic Tower (DLD project 2865), registry updated 7 Oct 2026: https://continentalclub.ae/project/iconic-tower-dubai-media-city/
- Continental Club, Dubai handover 2028 list (DLD register), accessed 11 Oct 2026: https://continentalclub.ae/handover-2028/
- Mered, Iconic Residences by Pininfarina, accessed 11 Oct 2026: https://mered.ae/projects/iconic
- Gulf Construction Online, Mered gives flight to Iconic vision, 1 Mar 2024: https://www.gulfconstructiononline.com/Article/386552/mered-gives-flight-to-iconic-vision
- Construction Week Online, MERED and DFD break ground on ICONIC Tower, 2 Apr 2024: https://www.constructionweekonline.com/news/mered-dfd-break-ground-on-iconic-tower
- Gulf News, MERED announces partnership with Pininfarina for ICONIC Tower, 8 Feb 2024: https://gulfnews.com/business/corporate-news/mered-announces-strategic-partnership-with-pininfarina-to-develop-iconic-tower-in-dubai-1.1707382247839
- Dubainary, Iconic Tower, accessed 11 Oct 2026: https://dubainary.com/off-plan/mered-iconic-tower
- DLD, real estate project status enquiry: https://backoffice.dubailand.gov.ae/en/eservices/real-estate-project-status-landing/real-estate-project-status