UAE Insider
    What's Hot
    Business

    Fuelre4m Unveils Styrex: The World’s First Revolutionary Solution to the Polystyrene Crisis, Paving the Way for UAE Leadership in Global Environmental Innovation

    Business

    SBC Awards Europe: Meet the 2025 Winners 

    Business

    HONOR Intensifies Smartphone Competition with HONOR Magic5 Pro

    Important Pages:
    • Privacy Policy
    • Terms & Conditions
    Facebook Twitter Instagram Pinterest
    • Privacy Policy
    • Terms & Conditions
    Saturday, June 28
    UAE Insider
    • Home
    • News

      DXB set for summer surge with over 3.4 million guests expected in the season kick-off

      Jardins Tramuntana wins Architecture Award for Son Bunyola Hotel by Sir Richard Branson

      UAE Participates in the 10th Annual Meeting of the Board of Governors of AIIB

      Roberto Carlos, marks the official launch of Real Madrid Foundation partners with ISD Sports City

      Diabetes Mobile Unit recognised with honourable mention from prestigious Global University Network

    • Business

      Unlocking Innovation in Enterprise Software Development

      Roberto Carlos, marks the official launch of Real Madrid Foundation partners with ISD Sports City

      Raya Distribution appointed Exclusive Distributor and after-sales partner for UK Tech Innovator Nothing and its Sub-BranRayad CMF by Nothing

      We One named ‘Security Company of the Year’ at FM Middle East Awards 2025

      Du partners with CRIF to advance sustainability goals via state-of-the-art ESG evaluation platform

    • Life

      Jardins Tramuntana wins Architecture Award for Son Bunyola Hotel by Sir Richard Branson

      Roberto Carlos, marks the official launch of Real Madrid Foundation partners with ISD Sports City

      Gianfranco Ferré Residences unveiled: Waterfront elegance with Milanese soul

      Diabetes Mobile Unit recognised with honourable mention from prestigious Global University Network

      Nando’s Opens Its Biggest UAE Restaurant in the Heart of Jumeirah Beach Residence (JBR)

    Facebook Twitter Instagram Pinterest
    UAE Insider
    Home » MERED and Dutch Foundation Dubai Break Ground on ICONIC Tower
    Business

    MERED and Dutch Foundation Dubai Break Ground on ICONIC Tower

    Facebook Twitter Pinterest WhatsApp LinkedIn
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp

    In a momentous event marking a new standard of luxury residential development, MERED, a prominent international real estate developer, joined forces with Dutch Foundation Dubai (DFD), a leading full-service engineering foundation company, to commence the groundbreaking ceremony for the highly anticipated ICONIC Tower in Dubai. The ground-breaking ceremony was attended by distinguished partners, influential stakeholders, and industry leaders, signifying the official commencement of construction.

    DFD brings a wealth of experience and a dedicated workforce of over 500 professionals to the partnership, while MERED contributes its strong expertise in construction quality, building standards, and an international team of visionary experts, collectively ensuring a robust foundation for the project’s success. Harnessing the momentum of Dubai’s thriving real estate market, where prime residential capital values soared by 17.4% in 2023 and property demands are projected to rise between 4-59% in 2024, the ICONIC Tower is poised to transform the cityscape and enhance residents’ lives with unparalleled quality and luxury services.

    At the ceremony, Diana Nilipovscaia, CEO at MERED said: “The construction journey ahead promises to redefine architectural excellence in Dubai. Our bold vision, crafted from the MERED team’s development expertise and Pininfarina’s renowned design legacy, positions the ICONIC Tower as a beacon of avant-garde design and quality. With total real estate transactions in the emirate increasing by 33.8% annually, and values rising more than 36.7%, the ICONIC Tower is perfectly positioned to meet the growing demand for luxury living in Dubai. This project embodies innovation, beauty, and exceptional living experiences. We extend our gratitude to our esteemed partners: Dutch Foundation, Mirage, and Omnium, whose contributions are invaluable to achieving our shared mission.”

    Michel Farah, General Manager of Dutch Foundation Dubai, said: “We are committed to this project and we will finish it on time.”

    Post the groundbreaking, key partners in attendance also shared their enthusiastic support for the project.

    Amar Tahliani, CEO of Mirage, said: “You gave us an opportunity to work on this project, and we are really proud of it.”

    Peter Westeng, Chairman and CFO at Omnium, expressed: “This is the beginning of a really beautiful project.”

    Kieran Duckworth, Director, at Omnium, commented: “Hopefully, this is the start of a long-lasting partnership with MERED on this project and in the future.”

    Designed to soar to a majestic height of 286.4 meters, the ICONIC Tower will be an architectural marvel. With 311 opulent apartments offering unrivalled luxury living experiences, the tower will also feature an array of world-class amenities, including a private lounge & dining room, state-of-the-art gym, private cinema, infinity pool, jacuzzi, sauna, ice spa and more. Moreover, the tower will provide 423 dedicated parking spaces, including exclusive air-conditioned spots, ensuring convenience and comfort for residents.

    As Dubai’s residential market continues to flourish, the ICONIC Tower stands as a testament to MERED’s unwavering commitment to excellence and innovation. With construction slated for completion by September 2027, the tower promises to redefine luxury living in Dubai and leave an indelible legacy on the city’s skyline.

    For more detailed insights about the project, visit https://mered.ae/ and follow their updates on Instagram.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp

    Related Posts

    News

    DXB set for summer surge with over 3.4 million guests expected in the season kick-off

    life

    Jardins Tramuntana wins Architecture Award for Son Bunyola Hotel by Sir Richard Branson

    News

    UAE Participates in the 10th Annual Meeting of the Board of Governors of AIIB

    Business

    Unlocking Innovation in Enterprise Software Development

    Business

    Roberto Carlos, marks the official launch of Real Madrid Foundation partners with ISD Sports City

    Business

    Raya Distribution appointed Exclusive Distributor and after-sales partner for UK Tech Innovator Nothing and its Sub-BranRayad CMF by Nothing

    Business

    We One named ‘Security Company of the Year’ at FM Middle East Awards 2025

    Business

    Du partners with CRIF to advance sustainability goals via state-of-the-art ESG evaluation platform

    Stay In Touch
    • Facebook
    • Twitter
    Don't Miss
    Business

    STEM Best Practice Summit and Awards 2024: Celebrating Excellence in STEM Education

    Dubai, UAE – July 2024 – The 5th annual STEM Best Practice Summit and Awards,…

    Panasonic Introduces PressIT360 For Next Generation Virtual Meetings and Enhanced Collaboration

    Ajman Tourism Development Department signs two strategic MoUs with Coral Touristik GmbH and Vtours

    Comment from Firas Al Msaddi, CEO of fäm Properties, in response to the EU removing the UAE from its list of “high-risk” countries for money laundering.

    INFINITI of Arabian Automobiles Launches tantalizing Ramadan Offers

    Recent Posts

    • DXB set for summer surge with over 3.4 million guests expected in the season kick-off
    • Jardins Tramuntana wins Architecture Award for Son Bunyola Hotel by Sir Richard Branson
    • UAE Participates in the 10th Annual Meeting of the Board of Governors of AIIB
    • Unlocking Innovation in Enterprise Software Development
    • Roberto Carlos, marks the official launch of Real Madrid Foundation partners with ISD Sports City
    Our Picks
    Business

    HUAWEI eKit Unveils 30+ New Products and Enhanced Solutions at GITEX GLOBAL 2024, Empowering Distribution Partners and SMEs

    life

    COS PRESENTS ITS SPRING SUMMER 2024 COLLECT

    Business

    Elm Showcases Its Digital Products At LEAP 2024

    Business

    Luxury Branding and Growth Consultancy Atelier & Stories Opens New Dubai Office to Expand International Business Advisory Services

    Must Read
    Business

    SBC Summit 2025 Adds Latin America & Brazil Track

    life

    ADRIFT BURGER BAR OPENS ITS FIRST PERMANENT LOCATION

    Categories
    • Business (338)
    • life (134)
    • News (145)
    Our Picks
    life

    A Festive Feast for the Senses this EID at Bab Al Qasr Hotel

    life

    Anirudh’s One Stop Study Launches Specialized Online Academic Support for UAE Students

    About us

    Stay connected with UAEInsider, your ultimate source for insightful news, updates, and analysis on all things UAE and beyond. Dive into the heart of the Emirates’ stories, explore diverse perspectives, and stay informed about the latest developments shaping our region and the world.

    UAE Insider
    Facebook Twitter Instagram Pinterest
    • Home
    • Privacy Policy
    • Terms & Conditions
    © 2025 UAE Insider.

    Type above and press Enter to search. Press Esc to cancel.