406, Modelux Tower 1
Sold prices and rental history: sold once, by the developer in October 2025, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Modelux Tower 1
What is 406 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 2 October 2025.
Key facts
- Type
- Apartment
- Size
- 522 sqft
- Floor
- 4th of 6
- Parking
- B-406
- Developer
- Modelux Real Estate Development
- Completed
- 2017
- Service charge
- AED 6,900 /yr
- Last sold
- AED 460K · October 2025
- Building
- Modelux Tower 1
About 406, Modelux Tower 1
406 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. The developer sold it on 2 October 2025 for AED 460,000, or AED 881 per sqft.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 25,000 a year: a gross yield of 5.4% on the 2025 price, before the service charge of about AED 6,900 a year.
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 4th floor
All 75 units in Modelux Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 529 sqft | AED 390KAED 390,000 · Apr 2024April 2024 | 35,000 /yr | |
| 403 | Studio | 526 sqft | AED 400KAED 400,000 · Aug 2023August 2023 | ||
| 404 | 522 sqft | AED 550KAED 550,000 · Nov 2025November 2025 | 23,000 /yr | ||
| 405 | Studio | 521 sqft | AED 499KAED 499,000 · Oct 2017October 2017 | 37,000 /yr | |
| 407 | Studio | 515 sqft | AED 398KAED 398,000 · Oct 2024October 2024 | 31,000 /yr | |
| 408 | Studio | 523 sqft | AED 418KAED 418,000 · Mar 2025March 2025 | 26,000 /yr | |
| 410 | Studio | 511 sqft | AED 400KAED 400,000 · Sep 2023September 2023 | 24,000 /yr | |
| 411 | Studio | 512 sqft | AED 260KAED 260,000 · Jul 2021July 2021 | 25,000 /yr | |
| 412 | Studio | 512 sqft | AED 265KAED 265,000 · Feb 2022February 2022 |
406, Modelux Tower 1 in numbers
- Sold once: by Modelux Real Estate Development on 2 October 2025 for AED 460,000, or AED 881 per sqft.
- Rented since March 2020 on 3 Ejari contracts, from AED 28,000 to AED 25,000 a year.
- At AED 25,000 a year the gross yield on the 2025 price is 5.4%, before a service charge of about AED 6,900 a year (AED 13.28 per sqft).
Source: Dubai Land Department. Updated 2 October 2025.
Questions about 406, Modelux Tower 1
What did unit 406 last sell for?
AED 460,000 on 2 October 2025, sold by the developer: AED 881 per sqft for 522 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 25,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 25,000; the unit has been rented since March 2020.
How big is unit 406?
522 sqft (48.5 sqm): an apartment on the 4th floor of a 6-storey tower completed in 2017.
What is unit 406 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 406? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 406, Modelux Tower 1
Starts from the last sale price (AED 460K, 2 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 460,000
- Deposit, UAE resident (20%)
- AED 92,000
- Deposit, non-resident (40%)
- AED 184,000
- Monthly over 25 years at 3.7%
- AED 1,882
Plus AED 22,230 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →