577 sqftModelux Tower 1, International City Phase 2 & 3 · Ground floor · completed 2017

G01, Modelux Tower 1

Sold prices and rental history: sold once, by the developer in October 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G01 · DLD and Ejari recordsUpdated 9 October 2025
Last soldAED 470K9 October 2025
Current rentAED 23K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G01, Modelux Tower 1

What is G01 worth today?

Last sold for AED 470,000 in 2025

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9 Oct 2025Sold by developerReady
AED 470,000AED 814 per sqft
1 Dec 2023RentedNew contract
AED 23,000/yr12 months · AED 40 per sqft
12 May 2023RentedNew contract
AED 30,000/yr12 months · AED 52 per sqft
20 Apr 2021RentedNew contract
AED 21,000/yr12 months · AED 36 per sqft

Source: Dubai Land Department. Updated 9 October 2025.

Key facts

Type
Apartment
Size
577 sqft
Floor
Ground of 6
Parking
G-G01
Developer
Modelux Real Estate Development
Completed
2017
Service charge
AED 7,700 /yr
Last sold
AED 470K · October 2025

About G01, Modelux Tower 1

G01 is an apartment of 577 sqft on the ground 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 9 October 2025 for AED 470,000, or AED 814 per sqft.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 December 2023, is AED 23,000 a year: a gross yield of 4.9% on the 2025 price, before the service charge of about AED 7,700 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 ground floor

All 75 units in Modelux Tower 1
Value
G02StudioNo registered sale
G03StudioNo registered sale
G04AED 465K · Nov 2025
G05StudioAED 495K · Oct 2017

G01, Modelux Tower 1 in numbers

  • Sold once: by Modelux Real Estate Development on 9 October 2025 for AED 470,000, or AED 814 per sqft.
  • Rented since April 2021 on 3 Ejari contracts, from AED 21,000 to AED 23,000 a year.
  • At AED 23,000 a year the gross yield on the 2025 price is 4.9%, before a service charge of about AED 7,700 a year (AED 13.28 per sqft).

Source: Dubai Land Department. Updated 9 October 2025.

Questions about G01, Modelux Tower 1

What did unit G01 last sell for?

AED 470,000 on 9 October 2025, sold by the developer: AED 814 per sqft for 577 sqft. It is the only registered sale of the unit.

What is the rent for unit G01?

AED 23,000 a year on the contract signed on 1 December 2023. The previous contract, from May 2023, was AED 30,000; the unit has been rented since April 2021.

How big is unit G01?

577 sqft (53.6 sqm): an apartment on the ground floor of a 6-storey tower completed in 2017.

What is unit G01 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 G01, Modelux Tower 1

Starts from the last sale price (AED 470K, 9 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

Plus AED 22,650 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →