114, Modelux Tower 1
Sold prices and rental history: sold once, by the developer in December 2017, 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 114, Modelux Tower 1
What is 114 worth today?
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Source: Dubai Land Department. Updated 10 December 2017.
Key facts
- Type
- Studio apartment
- Size
- 505 sqft
- Floor
- 1st of 6
- Parking
- B-114
- Developer
- Modelux Real Estate Development
- Completed
- 2017
- Service charge
- AED 6,700 /yr
- Last sold
- AED 499K · December 2017
- Building
- Modelux Tower 1
About 114, Modelux Tower 1
114 is a studio of 505 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. The developer sold it on 10 December 2017 for AED 499,000, or AED 988 per sqft, 5% above the AED 943 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 114 over time
114 has sold once; 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 114 sits
All 60 studios →114 last sold in December 2017 at AED 988 per sqft, 5% above what studios in Modelux Tower 1 were fetching at the time (AED 943). 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 | ||
| 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 | |
| 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 | |
| 115 | 2-bed | 830 sqft | AED 221KAED 221,000 · Feb 2021February 2021 | 40,000 /yr |
114, Modelux Tower 1 in numbers
- Sold once: by Modelux Real Estate Development on 10 December 2017 for AED 499,000, or AED 988 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 10 December 2017.
Questions about 114, Modelux Tower 1
What did unit 114 last sell for?
AED 499,000 on 10 December 2017, sold by the developer: AED 988 per sqft for 505 sqft. It is the only registered sale of the unit.
How big is unit 114?
505 sqft (46.9 sqm): a studio on the 1st floor of a 6-storey tower completed in 2017.
What is unit 114 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 114, Modelux Tower 1
Starts from the last sale price (AED 499K, 10 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 499,000
- Deposit, UAE resident (20%)
- AED 99,800
- Deposit, non-resident (40%)
- AED 199,600
- Monthly over 25 years at 3.7%
- AED 2,042
Plus AED 23,868 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →