Modelux Tower 1
International City Phase 3
- Ready
- Freehold
Sales
- Sales in the last 12 months
- 10
- to 21 Oct 2026
- Median price per sqft
- AED 917
- over those 10 sales
- Latest sale
- 16 Jul 2026
Prices
- Fair value per sqft
- AED 831
- range AED 767 to 895, from comparable sales (newest 16 Jul 2026)
- Price of a typical studio
- AED 452K
- median of 34 sales over 3 years
Rents
- Gross rental yield
- 8.4%
- from the building's own rent contracts
- Yearly rents
- AED 28K to 72K
- its newest 30 rent contracts at most, every unit type
The building
- Developer
- MODELUX REAL ESTATE DEVELOPMENT L.L.C
- Completed
- 2017
- Units
- 85
- Dubai Land Department records
- Service charge
- AED 18.1 per sqft a year
- elevated against similar buildings
- Estimated occupancy
- about 75–95%
- an estimate from registered leases, not a count
Retail plan
What the full analysis adds for Modelux Tower 1
In outline here: the figures are on the paid page.
Decide
the building's rating, with its confidence and reasons (not advice)
Evidence
fair value, liquidity, supply and sales evidence, and what could break the rating
Unit-level
one card per bedroom type: fair value, sales and rents
- Studio
- 1BR
- 2BR
Provenance
the comparable sales and rents behind each figure, and how far to trust them
Also: where it sits among its community's buildings, the range past price changes support from here (never a forecast), and a PDF report with an Excel export. Where the data is too thin for a figure, the full analysis says so.