Studio · 523 sqftModelux Tower 1, International City Phase 2 & 3 · 1st floor · completed 2017

108, Modelux Tower 1

Sold prices and rental history: sold twice, last in February 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 11 February 2020

Last soldAED 275K11 February 2020

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 108, Modelux Tower 1

Today

What is 108 worth today?

Last sold for AED 275,000 in 2020

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11 Feb 2020

11 Feb 2020SoldReady

AED 275,000AED 526 per sqft

21 Jan 2018

21 Jan 2018Sold by developerOff-plan

AED 435,000AED 832 per sqft

Source: Dubai Land Department. Updated 11 February 2020.

Key facts

Type: Studio apartment
Size: 523 sqft
Floor: 1st of 6
Parking: B-108
Developer: Modelux Real Estate Development
Completed: 2017
Service charge: AED 6,900 /yr
Last sold: AED 275K · February 2020
Building: Modelux Tower 1

About 108, Modelux Tower 1

108 is a studio of 523 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 11 February 2020 for AED 275,000, or AED 526 per sqft, 24% below the AED 694 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 108 over time

Sales

Unit 108, each saleTypical studio in Modelux Tower 1

108 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 108, each contractTypical studio in Modelux Tower 1

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 108 sits

All 60 studios →

Studios in Modelux Tower 1 · last 12 months931 /sqft Modelux Tower 1 · all types931 /sqft

108 last sold in February 2020 at AED 526 per sqft, 24% below what studios in Modelux Tower 1 were fetching at the time (AED 694). 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	Size	Price (AED)	Per sqft
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

1 studio sale in the last 12 months

Modelux Tower 1

Building

75 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%

Modelux Tower 1, International City Phase 2 & 3: prices, sales and rents →

Other units on the 1st floor

All 75 units in Modelux Tower 1


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
106	Studio	522 sqft	AED 200KAED 200,000 · Feb 2021February 2021
107	Studio	515 sqft	AED 220KAED 220,000 · Apr 2021April 2021	32,000 /yr
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

1–7 of 13

108, Modelux Tower 1 in numbers

Sold twice: first on 21 January 2018 for AED 435,000, last on 11 February 2020 for AED 275,000 (AED 526 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 11 February 2020.

Questions about 108, Modelux Tower 1

What did unit 108 last sell for?

AED 275,000 on 11 February 2020: AED 526 per sqft for 523 sqft. The unit has 2 registered sales; the first was AED 435,000 in January 2018.

How big is unit 108?

523 sqft (48.6 sqm): a studio on the 1st floor of a 6-storey tower completed in 2017.

What is unit 108 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.

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Mortgage on 108, Modelux Tower 1

Starts from the last sale price (AED 275K, 11 February 2020). Switch to today's estimate once you have unlocked it.

Price: AED 275,000
Deposit, UAE resident (20%): AED 55,000
Deposit, non-resident (40%): AED 110,000
Monthly over 25 years at 3.7%: AED 1,125

Plus AED 14,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →