It seems the discount also extends to my proposed dates in September. The discount is now approaching F&F rates:
F&F rate = AED 427.51
Adv. Pur. = AED 475.00
For the difference of 47.5AED (about $13 AUD), I think I'd be getting more value paying the extra and collecting the points.
As an FYI, I was looking at using my BOGO here and asked IC FC about their upgrade policy for AMB's. From the horse's mouth:
"Regarding the upgrade, if you have the Ambassador Membership you will have an upgrade to the next room category which is:
A - Superior upgraded to Deluxe room
B - Deluxe upgraded to Executive room.
C - Executive room upgraded to one bedroom suite without club access.
Please note that only Club InterContinental Room will have an access to the Club lunge and the upgrade for this one will be to one bed room suite."
Here's hoping the Club will serve all usual amenities and drinkies during Ramadan.