106, Modelux Tower 1
Sold prices and rental history: sold twice, last in February 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 106, Modelux Tower 1
What is 106 worth today?
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Source: Dubai Land Department. Updated 15 February 2021.
Key facts
- Type
- Studio apartment
- Size
- 522 sqft
- Floor
- 1st of 6
- Parking
- B-106
- Developer
- Modelux Real Estate Development
- Completed
- 2017
- Service charge
- AED 6,900 /yr
- Last sold
- AED 200K · February 2021
- Building
- Modelux Tower 1
About 106, Modelux Tower 1
106 is a studio of 522 sqft on the 1st floor of Modelux Tower 1, a 6-storey tower in International City Phase 2 & 3 completed in 2017 by Modelux Real Estate Development. It last sold on 15 February 2021 for AED 200,000, or AED 383 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 106 over time
106 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Modelux Tower 1, and where 106 sits
All 60 studios →Over the last 12 months studios sold for AED 490,000, around AED 931 per sqft, and rent for AED 34,000 to 52,800 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Dec 202510 December 2025 | 526 sqft | 490,000 | 931 | ||
| 20 May 202520 May 2025 | 526 sqft | 460,000 | 874 | ||
| 13 May 202513 May 2025 | 522 sqft | 460,000 | 881 | ||
| 24 Mar 202524 March 2025 | 523 sqft | 418,000 | 799 |
Modelux Tower 1
Building75 apartments, studios to 2-bed over 6 floors in International City Phase 2 & 3, completed in 2017 by Modelux Real Estate Development. 1 sold in the last 12 months.
- Typical price per sqft
- AED 931
- Typical sale
- AED 490K
- Typical rent
- AED 43K /yr
- Typical yield
- 9.0%
Other units on the 1st floor
All 75 units in Modelux Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | Studio | 528 sqft | AED 360KAED 360,000 · Feb 2024February 2024 | 28,000 /yr | |
| 102 | Studio | 515 sqft | AED 250KAED 250,000 · Dec 2021December 2021 | 46,200 /yr | |
| 103 | Studio | 526 sqft | AED 490KAED 490,000 · Dec 2025December 2025 | 45,000 /yr | |
| 104 | Studio | 522 sqft | No registered sale | ||
| 105 | Studio | 521 sqft | AED 450KAED 450,000 · Feb 2018February 2018 | ||
| 107 | Studio | 515 sqft | AED 220KAED 220,000 · Apr 2021April 2021 | 32,000 /yr | |
| 108 | Studio | 523 sqft | AED 275KAED 275,000 · Feb 2020February 2020 | ||
| 110 | Studio | 449 sqft | AED 260KAED 260,000 · Dec 2019December 2019 | 23,000 /yr | |
| 111 | Studio | 449 sqft | AED 200KAED 200,000 · May 2021May 2021 | 20,000 /yr | |
| 112 | Studio | 511 sqft | AED 250KAED 250,000 · Dec 2021December 2021 | 27,000 /yr | |
| 113 | Studio | 512 sqft | AED 465KAED 465,000 · Dec 2017December 2017 | 42,000 /yr | |
| 114 | Studio | 505 sqft | AED 499KAED 499,000 · Dec 2017December 2017 | ||
| 115 | 2-bed | 830 sqft | AED 221KAED 221,000 · Feb 2021February 2021 | 40,000 /yr |
106, Modelux Tower 1 in numbers
- Sold twice: first on 12 July 2018 for AED 460,000, last on 15 February 2021 for AED 200,000 (AED 383 per sqft).
- Studios in Modelux Tower 1 sold for AED 490,000–490,000 in the 12 months to November 2026; the building's median across all types is AED 931 per sqft.
Source: Dubai Land Department. Updated 15 February 2021.
Questions about 106, Modelux Tower 1
What did unit 106 last sell for?
AED 200,000 on 15 February 2021: AED 383 per sqft for 522 sqft. The unit has 2 registered sales; the first was AED 460,000 in July 2018.
How big is unit 106?
522 sqft (48.5 sqm): a studio on the 1st floor of a 6-storey tower completed in 2017.
What is unit 106 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Modelux Tower 1 sold for AED 490,000 to 490,000 in the last 12 months, around AED 931 per sqft.
Selling 106? Put it on the OpenOffers board
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Mortgage on 106, Modelux Tower 1
Starts from the last sale price (AED 200K, 15 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 200,000
- Deposit, UAE resident (20%)
- AED 40,000
- Deposit, non-resident (40%)
- AED 80,000
- Monthly over 25 years at 3.7%
- AED 818
Plus AED 11,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →