201, Modelux Tower 1
Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 201, Modelux Tower 1
What is 201 worth today?
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Source: Dubai Land Department. Updated 4 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 529 sqft
- Floor
- 2nd of 6
- Parking
- B-201
- Developer
- Modelux Real Estate Development
- Completed
- 2017
- Service charge
- AED 7,000 /yr
- Last sold
- AED 385K · June 2024
- Building
- Modelux Tower 1
About 201, Modelux Tower 1
201 is a studio of 529 sqft on the 2nd 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 6 June 2024 for AED 385,000, or AED 728 per sqft, in line with the AED 736 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 4 July 2025, is AED 41,500 a year: a gross yield of 10.8% on the 2024 price, before the service charge of about AED 7,000 a year.
Sales and rents for 201 over time
201 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 201 sits
All 60 studios →201 last sold in June 2024 at AED 728 per sqft, in line with what studios in Modelux Tower 1 were fetching at the time (AED 736). 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. 201's AED 41,500 is in the lower half of that range.
| 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 2nd floor
All 75 units in Modelux Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 202 | Studio | 514 sqft | AED 460KAED 460,000 · Apr 2021April 2021 | 34,000 /yr | |
| 203 | 526 sqft | AED 480KAED 480,000 · Nov 2025November 2025 | 44,000 /yr | ||
| 204 | Studio | 522 sqft | AED 450KAED 450,000 · Oct 2017October 2017 | 28,000 /yr | |
| 205 | Studio | 521 sqft | AED 490KAED 490,000 · Nov 2017November 2017 | ||
| 206 | Studio | 522 sqft | AED 460KAED 460,000 · Feb 2020February 2020 | 26,000 /yr | |
| 207 | Studio | 515 sqft | AED 375KAED 375,000 · Dec 2024December 2024 | 43,000 /yr | |
| 208 | Studio | 523 sqft | AED 499KAED 499,000 · Oct 2017October 2017 | ||
| 209 | Studio | 497 sqft | AED 450KAED 450,000 · Mar 2018March 2018 | 43,000 /yr | |
| 210 | Studio | 511 sqft | AED 300KAED 300,000 · Sep 2022September 2022 | 30,000 /yr | |
| 211 | Studio | 512 sqft | AED 400KAED 400,000 · Oct 2024October 2024 | 44,000 /yr | |
| 212 | Studio | 512 sqft | AED 265KAED 265,000 · Mar 2021March 2021 | ||
| 213 | Studio | 512 sqft | AED 280KAED 280,000 · Dec 2019December 2019 | ||
| 214 | Studio | 505 sqft | AED 499KAED 499,000 · Nov 2017November 2017 | 31,000 /yr | |
| 215 | 2-bed | 830 sqft | AED 425KAED 425,000 · Aug 2022August 2022 | 45,000 /yr |
201, Modelux Tower 1 in numbers
- Sold twice: first on 27 February 2020 for AED 410,000, last on 6 June 2024 for AED 385,000 (AED 728 per sqft).
- Rented since November 2018 on 6 Ejari contracts. The rent fell from AED 34,000 to AED 12,000 in 2024 and recovered to AED 41,500 by July 2025.
- At AED 41,500 a year the gross yield on the 2024 price is 10.8%, before a service charge of about AED 7,000 a year (AED 13.28 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 4 July 2025.
Questions about 201, Modelux Tower 1
What did unit 201 last sell for?
AED 385,000 on 6 June 2024: AED 728 per sqft for 529 sqft. The unit has 2 registered sales; the first was AED 410,000 in February 2020.
What is the rent for unit 201?
AED 41,500 a year on the contract signed on 4 July 2025. The previous contract, from September 2024, was AED 12,000; the unit has been rented since November 2018.
How big is unit 201?
529 sqft (49.1 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2017.
What is unit 201 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 201, Modelux Tower 1
Starts from the last sale price (AED 385K, 6 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 385,000
- Deposit, UAE resident (20%)
- AED 77,000
- Deposit, non-resident (40%)
- AED 154,000
- Monthly over 25 years at 3.7%
- AED 1,575
Plus AED 19,080 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →