412, Modelux Tower 1
Sold prices and rental history: sold once, by the developer in February 2022, 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 412, Modelux Tower 1
What is 412 worth today?
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Source: Dubai Land Department. Updated 21 February 2022.
Key facts
- Type
- Studio apartment
- Size
- 512 sqft
- Floor
- 4th of 6
- Parking
- B-412
- Developer
- Modelux Real Estate Development
- Completed
- 2017
- Service charge
- AED 6,800 /yr
- Last sold
- AED 265K · February 2022
- Building
- Modelux Tower 1
About 412, Modelux Tower 1
412 is a studio of 512 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 21 February 2022 for AED 265,000, or AED 518 per sqft, in line with the AED 518 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 412 over time
412 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 412 sits
All 60 studios →412 last sold in February 2022 at AED 518 per sqft, in line with what studios in Modelux Tower 1 were fetching at the time (AED 518). 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
- 8.9%
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 | |
| 406 | 522 sqft | AED 460KAED 460,000 · Oct 2025October 2025 | 25,000 /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, Modelux Tower 1 in numbers
- Sold once: by Modelux Real Estate Development on 21 February 2022 for AED 265,000, or AED 518 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 21 February 2022.
Questions about 412, Modelux Tower 1
What did unit 412 last sell for?
AED 265,000 on 21 February 2022, sold by the developer: AED 518 per sqft for 512 sqft. It is the only registered sale of the unit.
How big is unit 412?
512 sqft (47.6 sqm): a studio on the 4th floor of a 6-storey tower completed in 2017.
What is unit 412 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 412, Modelux Tower 1
Starts from the last sale price (AED 265K, 21 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 265,000
- Deposit, UAE resident (20%)
- AED 53,000
- Deposit, non-resident (40%)
- AED 106,000
- Monthly over 25 years at 3.7%
- AED 1,084
Plus AED 14,040 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →