17 ICON BAY

FINISHED

By The Lagoons Phase One L.L.C · Al Khairan First

Median price/sqft
AED 1,604
3-yr CAGR
+9.1%
Transactions
625
Gross yield
6.0%
Launch → now (est.)
+40%

est. — modelled from compounded CAGR, pending launch-price data.

FINISHED
Project imagery — coming soon

Basement and ground: 2B+G, Apartments+Retail. Tower 1: G+43F+R, Tower 1: Apartments. Tower 2: G+4F+R, Tower 2: Apartments.

Appreciation — multiple measures

One number can mislead — we show the full picture.

1-yr CAGR
+2.5%
3-yr CAGR
+9.1%
5-yr CAGR
+6.9%
Median price
AED 1,600,000
Price/sqft (last 12 months)
AED 2,206
Secondary-market share
38%
Resale-only (est.)
+12.1%

est.

Like-for-like 1BR (est.)
+10.1%

est.

Current gross yield by bedroom

Studio
n/a
1BR
5.6%
2BR
5.0%
3BR
5.0%
4BR+
6.2%

Based on this project's own DLD sale + Ejari rent transactions (last 24 months); areas with thin data fall back to community averages.

Price & volume trend

Quarterly median price per sqft (line) against transaction volume (bars).

Recent transactions

12 Jun 2026

Unit
Studio · 480 sqft
Price
AED 739,200
AED per sqft
AED 1,540

28 May 2026

Unit
1BR · 760 sqft
Price
AED 1,219,040
AED per sqft
AED 1,604

17 Apr 2026

Unit
1BR · 820 sqft
Price
AED 1,367,760
AED per sqft
AED 1,668

05 Mar 2026

Unit
2BR · 1,180 sqft
Price
AED 1,854,960
AED per sqft
AED 1,572

Sample — representative transactions, pending the transaction-level DLD feed.

Source: DLD transactions (Dubai Pulse) · gifts, bulk & related-party transfers excluded

Project facts

Status
FINISHED
Units
383
Buildings
2
Completion date
30 Nov 2022
Completed
100%

Source: DLD transactions (Dubai Pulse) · Human-AI-assisted · Not financial advice.

Available now

  • 1BR · 745 sqft

    AED 1,218,820

    Verified 02 Aug 2026

  • 2BR · 1,145 sqft

    AED 1,818,260

    Verified 24 Jul 2026

Illustrative — live listings coming soon.

Want a better unit than what's listed?

We source off-market opportunities in this project.

Published by Dubai Best Research · Human-AI-assisted · Methodology & sources disclosed

Not financial advice · Figures nominal unless stated