522 sqftModelux Tower 1, International City Phase 2 & 3 · 4th floor · completed 2017

404, Modelux Tower 1

Sold prices and rental history: sold 3 times, last in November 2025, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 7 November 2025
Last soldAED 550K7 November 2025
Current rentAED 23K /yr6 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Modelux Tower 1

What is 404 worth today?

Last sold for AED 550,000 in 2025

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7 Nov 2025SoldReady
AED 550,000AED 1,053 per sqft
14 Aug 2023SoldReady
AED 335,000AED 641 per sqft
6 Jun 2021RentedNew contract
AED 23,000/yr12 months · AED 44 per sqft
1 Jun 2019RentedNew contract
AED 28,000/yr12 months · AED 53 per sqft
3 Aug 2017Sold by developerOff-plan
AED 430,000AED 823 per sqft

Source: Dubai Land Department. Updated 7 November 2025.

Key facts

Type
Apartment
Size
522 sqft
Floor
4th of 6
Parking
B-404
Developer
Modelux Real Estate Development
Completed
2017
Service charge
AED 6,900 /yr
Last sold
AED 550K · November 2025

About 404, Modelux Tower 1

404 is an apartment of 522 sqft on the 4th 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 7 November 2025 for AED 550,000, or AED 1,053 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 6 June 2021, is AED 23,000 a year: a gross yield of 4.2% on the 2025 price, before the service charge of about AED 6,900 a year.

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 4th floor

All 75 units in Modelux Tower 1
Value
401StudioAED 390K · Apr 2024
403StudioAED 400K · Aug 2023
405StudioAED 499K · Oct 2017
406AED 460K · Oct 2025
407StudioAED 398K · Oct 2024
408StudioAED 418K · Mar 2025
410StudioAED 400K · Sep 2023
1–7 of 9

404, Modelux Tower 1 in numbers

  • Sold 3 times: first on 3 August 2017 for AED 430,000, last on 7 November 2025 for AED 550,000 (AED 1,053 per sqft).
  • Rented since June 2019 on 2 Ejari contracts, from AED 28,000 to AED 23,000 a year.
  • At AED 23,000 a year the gross yield on the 2025 price is 4.2%, before a service charge of about AED 6,900 a year (AED 13.28 per sqft).

Source: Dubai Land Department. Updated 7 November 2025.

Questions about 404, Modelux Tower 1

What did unit 404 last sell for?

AED 550,000 on 7 November 2025: AED 1,053 per sqft for 522 sqft. The unit has 3 registered sales; the first was AED 430,000 in August 2017.

What is the rent for unit 404?

AED 23,000 a year on the contract signed on 6 June 2021. The previous contract, from June 2019, was AED 28,000.

How big is unit 404?

522 sqft (48.5 sqm): an apartment on the 4th floor of a 6-storey tower completed in 2017.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 404, Modelux Tower 1

Starts from the last sale price (AED 550K, 7 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

Plus AED 28,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →