Dubai Internet City is an office district between Sheikh Zayed Road and Al Sufouh Road, next to Dubai Media City. The two towers we list are opposites: Magnolia sells studios and 1-beds of 303 to 490 sq ft, and Iconic Tower by Mered sells 1 to 3 beds, with some very large units.
1.1 kmto Al Fardan Exchange metro station (formerly Nakheel) on the Red Line, in a straight line
0.75 kmto the Palm Jumeirah and Knowledge Village tram stops, in a straight line
AED 3,340DLD median per sq ft for off-plan homes in the wider DLD area, year to September 2026
2027 and 2028handover dates of the two projects we list
The tram is closer than the metro. The Palm Jumeirah and Knowledge Village tram stops are each 0.75 km away in a straight line, while Al Fardan Exchange station is 1.1 km and Dubai Internet City station 1.2 km. Marina Walk is 2.1 km away and the nearest beach 2.2 km.
Iconic Tower, image 3Magnolia, image 2
Walk
Walking here is mostly between offices, the tram and the metro. Parks and the golf club are across Sheikh Zayed Road, in The Greens and Emirates Hills.
Knowledge Village tram stop
0.75 km
One of two tram stops at the same distance, with Palm Jumeirah stop. The tram runs along Al Sufouh Road to Dubai Marina and JBR.
Greens Park
0.9 km
A park nearby, across Sheikh Zayed Road in The Greens.
Emirates Golf Club
1.4 km
The nearest golf, across Sheikh Zayed Road next to Emirates Hills. It hosts the Dubai Desert Classic.
Iconic Tower, image 5
Swim
No beach is within 2 km. Al Sufouh beach is the nearest, and the tram goes to JBR. Not every project we list mentions a pool, so check before you buy.
Al Sufouh beach
2.2 km
The nearest open beach, off Al Sufouh Road.
JBR beach
3.7 km
The long public beach in front of the JBR towers, with The Walk behind it. Busy at weekends.
Magnolia, image 5
Eat
For a meal out, the nearest places are on the Marina, 2 to 3.5 km away in a straight line, a short tram ride.
Marina Walk
2.1 km
Cafés and restaurants along the water at Dubai Marina.
Dubai Marina Mall
3.3 km
The mall on the Marina, with shops and places to eat by the water.
Magnolia, image 4
A Saturday in Dubai Internet City
A Saturday by tram, from the stops 0.75 km away.
8:00The tram to JBR for a swim before the heat.
10:30Coffee on The Walk at JBR.
13:00Lunch on Marina Walk.
16:00Back home, then a round of golf at Emirates Golf Club.
20:00Dinner at Dubai Marina Mall, then the tram home.
What homes cost
Ready apartments sold most often here, at a median of AED 2,646,000 in the last 12 months.
The median is the middle price: half the homes sold for more, half for less. A sea view or a high floor can cost a lot more than the median.
Source: Dubai Land Department, sales in the 12 months to Sep 30, 2026.
Ready apartments
1 bedroom30 salesAED 2,341,000
2 bedrooms41 salesAED 3,391,000
3 bedrooms27 salesNot enough sales for a median. A median needs at least 30 sales in 12 months.
4 bedrooms10 salesNot enough sales for a median. A median needs at least 30 sales in 12 months.
Off-plan apartments
1 bedroom35 salesAED 3,435,000
2 bedrooms50 salesAED 5,007,000
3 bedrooms35 salesAED 7,273,000
4 bedrooms4 salesNot enough sales for a median. A median needs at least 30 sales in 12 months.
Ready apartments: median price in the 12 months to each dateReady apartments: the median price went from AED 3,750,000 in the 12 months to Dec 31, 2024 to AED 2,646,000 in the 12 months to Sep 30, 2026.
Dec 31, 2024AED 3,750,000
Sep 30, 2026AED 2,646,000
Show as tableShow as chart
12 months to
Median price
Sales
Sep 30, 2026
AED 2,646,000
132 sales
Jun 30, 2026
AED 2,552,000
109 sales
Mar 31, 2026
AED 2,379,000
102 sales
Dec 31, 2025
AED 2,368,000
90 sales
Sep 30, 2025
AED 3,660,000
46 sales
Jun 30, 2025
AED 3,695,000
40 sales
Mar 31, 2025
AED 3,519,000
42 sales
Dec 31, 2024
AED 3,750,000
37 sales
Sales in 12 months
444
Off-plan: 124 sales, against 320 ready homes
28%
Ready apartments: median price
AED 2,646,000
Ready apartments: median price per sq ft
AED 2,089 per sq ft
Ready apartments: median price compared with a year earlier
Down 28%
Sales and rents from Dubai Land Department open data. DLD area: Al Safouh Second.
Rents and yields
The median yearly rent of new Ejari contracts, and the gross yield: a year's rent before costs, as a share of the median price of ready homes. We show a yield only where both have at least 30 contracts and sales.
Ready apartments
Bedrooms
Median rent a year
Contracts
Gross yield
1 bedroom
AED 145,000
31
–
2 bedrooms
AED 185,000
30
–
Ready villas
Bedrooms
Median rent a year
Contracts
Gross yield
2 bedrooms
AED 155,000
31
–
4 bedrooms
AED 275,000
30
–
Rents from Ejari, Dubai's register of rent contracts, Apr 1, 2025 to Mar 31, 2026. Prices from Dubai Land Department.
Yes, but it is not on the doorstep. Al Fardan Exchange (formerly Nakheel) station is 1.1 km away and Dubai Internet City station 1.2 km, in a straight line, both on the Red Line. The Palm Jumeirah and Knowledge Village tram stops are closer, at 0.75 km each.
What will a flat cost in Dubai Internet City?
In the projects we list, Magnolia has studios and 1-beds of 303 to 490 sq ft from about AED 1.25 million. Iconic Tower by Mered starts at about AED 2.57 million, with 1 to 3 beds from 858 sq ft up to units of nearly 18,000 sq ft. Prices were checked in November 2026 and change as units sell. DLD records for the wider DLD area show off-plan 1-beds sold at a median of about AED 3.44 million and 2-beds about AED 5.0 million in the year to September 2026. Ready 1-beds sold at about AED 2.34 million.
Is Dubai Internet City good for families?
It depends on the flat. Magnolia's units are 490 sq ft at most, so they suit one person or a couple. Iconic Tower by Mered goes up to three bedrooms. Choueifat School is 1.4 km away, and Dubai College (UK) and Regent International School (UK) 1.5 km each, in a straight line. Welcare Hospital is 0.5 km away.
When will the new towers be finished?
Iconic Tower by Mered is due in September 2027 and Magnolia in September 2028. The DLD register shows other projects still being built in the wider DLD area, so expect building work nearby for a few years.
How far is Dubai Internet City from Downtown and the airport?
Burj Khalifa is 15.8 km away in a straight line and Dubai Marina 3.0 km. DXB airport is 26.7 km away and Al Maktoum International (DWC) 22.4 km.
