Modelux Tower 1 property prices & sales
Modelux Tower 1 at a glance written from registered records
Modelux Tower 1 recorded 13 registered sales in the last 12 months, worth AED 6.60M in total. The median price was AED 913 per sq ft, up 14.1% on the previous 12 months, and the median sale price was AED 480k. 0.0% of these sales were off-plan and 100.0% were ready properties. Across 43 rental contracts registered in the same period, the median annual rent was AED 42,000, an indicative gross yield of 8.8%.
Median price per sq ft by year registered sales
| Year | Sales | Median AED/sq ft | Median price |
|---|---|---|---|
| 2026 | 7 | 922 | AED 480,000 |
| 2025 | 13 | 882 | AED 470,000 |
| 2024 | 15 | 729 | AED 390,000 |
| 2023 | 13 | 684 | AED 400,000 |
| 2022 | 7 | 527 | AED 285,000 |
| 2021 | 17 | 518 | AED 265,000 |
| 2020 | 3 | 775 | AED 410,000 |
| 2019 | 9 | 694 | AED 355,000 |
| 2018 | 13 | 839 | AED 435,000 |
| 2017 | 17 | 922 | AED 499,000 |
Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter
| Type | Sales | Entry | Typical | Premium | AED/sq ft | Typical size |
|---|---|---|---|---|---|---|
| Studio | 24 | AED 414,750 | AED 460,000 | AED 480,000 | 862 | 522 sq ft |
Who's buying last 12 months
Cash vs mortgage is indicative: new mortgage registrations compared with sales in the same period.
Latest registered sales
| Date | Type | Beds | Building | Sq ft | Price | AED/sq ft |
|---|---|---|---|---|---|---|
| 2026-07-16 | Unit | Studio | Modelux Tower 1 | 526 | AED 453,000 | 861 |
| 2026-07-15 | Unit | Studio | Modelux Tower 1 | 526 | AED 485,000 | 922 |
| 2026-06-10 | Unit | Studio | Modelux Tower 1 | 521 | AED 450,000 | 863 |
| 2026-05-18 | Unit | Studio | Modelux Tower 1 | 514 | AED 480,000 | 933 |
| 2026-04-30 | Unit | Studio | Modelux Tower 1 | 522 | AED 445,000 | 853 |
| 2026-02-16 | Unit | Studio | Modelux Tower 1 | 512 | AED 485,000 | 948 |
The full report lists every registered sale, with filters by bedroom and date. Open it free.
Questions about Modelux Tower 1
What is the average price per sq ft in Modelux Tower 1?
Over the last 12 months the median registered sale price in Modelux Tower 1 was AED 913 per sq ft (+14.1% year on year).
What is the rental yield in Modelux Tower 1?
Comparing the median annual rent (AED 42,000) with the median sale price (AED 480,000) over the last 12 months gives an indicative gross yield of 8.8%.
How many properties sold in Modelux Tower 1 in the last 12 months?
13 sales were registered in the last 12 months, 0.0% of them off-plan.
What is the average rent in Modelux Tower 1?
The median annual rent across 43 contracts registered in the last 12 months was AED 42,000.
Comparables in International City Phase 3 12m
Modelux Tower 1 ranks #30 of 37 by price per sq ft.
| Project | Sales | AED/sq ft |
|---|---|---|
| Greenfield by Samana Developers | 291 | 1,413 |
| Elevia Residences | 63 | 1,303 |
| Glorious Central Residences | 40 | 1,280 |
| 27 East End Garden Residences By Mirha Homes Real Estate Development | 30 | 1,247 |
| Chapter 01 By Newbury Developments | 63 | 1,175 |
| Equiti Tower | 79 | 1,077 |
| 4B Living | 27 | 1,055 |
| Zenith Residences | 116 | 1,055 |
| Nest | 68 | 1,054 |
| 08 Life Residences | 37 | 1,041 |
| Silver Park Residency | 40 | 1,033 |
| Sports View Residence By Al Helal Al Zahaby | 35 | 920 |
| Modelux Tower 1 | 13 | 913 |
Project record
| Developer | Modelux Real Estate Development L.L.C |
| Status | Finished |
| Completion | 100% |
| Handover | 2017-09-04 |
| Units | 85 |
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Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.
