103, Modelux Tower 1
Sold prices and rental history: sold 3 times, last in December 2025, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 103, Modelux Tower 1
What is 103 worth today?
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Source: Dubai Land Department. Updated 4 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 526 sqft
- Floor
- 1st of 6
- Parking
- B-103
- Developer
- Modelux Real Estate Development
- Completed
- 2017
- Service charge
- AED 7,000 /yr
- Last sold
- AED 490K · December 2025
- Building
- Modelux Tower 1
About 103, Modelux Tower 1
103 is a studio of 526 sqft on the 1st 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 10 December 2025 for AED 490,000, or AED 931 per sqft, 7% above the AED 874 studios in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 4 July 2026, is AED 41,000 a year: a gross yield of 8.4% on the 2025 price, before the service charge of about AED 7,000 a year.
Sales and rents for 103 over time
103 has sold 3 times; 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 103 sits
All 69 studios →103 last sold in December 2025 at AED 931 per sqft, 7% above what studios in Modelux Tower 1 were fetching at the time (AED 874). Over the last 12 months studios sold for AED 445,000 to 500,000, around AED 922 per sqft, and rent for AED 28,000 to 57,600 a year. 103's AED 41,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jul 202616 July 2026 | 526 sqft | 453,000 | 861 | ||
| 15 Jul 202615 July 2026 | 526 sqft | 485,000 | 922 | ||
| 10 Jun 202610 June 2026 | 521 sqft | 450,000 | 863 | ||
| 18 May 202618 May 2026 | 514 sqft | 480,000 | 933 |
Modelux Tower 1
Building78 apartments, studios to 2-bed over 6 floors in International City Phase 2 & 3, completed in 2017 by Modelux Real Estate Development. 9 sold in the last 12 months.
- Typical price per sqft
- AED 922
- Typical sale
- AED 480K
- Typical rent
- AED 41K /yr
- Typical yield
- 8.5%
Other units on the 1st floor
All 78 units in Modelux Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | Studio | 528 sqft | AED 360KAED 360,000 · Feb 2024February 2024 | 44,000 /yr | |
| 102 | Studio | 515 sqft | AED 250KAED 250,000 · Dec 2021December 2021 | 46,200 /yr | |
| 104 | Studio | 522 sqft | No registered sale | 41,000 /yr | |
| 105 | Studio | 521 sqft | AED 450KAED 450,000 · Feb 2018February 2018 | ||
| 106 | Studio | 522 sqft | AED 445KAED 445,000 · Apr 2026April 2026 | 44,000 /yr | |
| 107 | Studio | 515 sqft | AED 220KAED 220,000 · Apr 2021April 2021 | 40,000 /yr | |
| 108 | Studio | 523 sqft | AED 275KAED 275,000 · Feb 2020February 2020 | ||
| 109 | Studio | 497 sqft | AED 500KAED 500,000 · Feb 2026February 2026 | 57,600 /yr | |
| 110 | Studio | 449 sqft | AED 260KAED 260,000 · Dec 2019December 2019 | 38,000 /yr | |
| 111 | Studio | 449 sqft | AED 200KAED 200,000 · May 2021May 2021 | 20,000 /yr | |
| 112 | Studio | 511 sqft | AED 250KAED 250,000 · Dec 2021December 2021 | 27,000 /yr | |
| 113 | Studio | 512 sqft | AED 465KAED 465,000 · Dec 2017December 2017 | 42,000 /yr | |
| 114 | Studio | 505 sqft | AED 499KAED 499,000 · Dec 2017December 2017 | 40,000 /yr | |
| 115 | 2-bed | 830 sqft | AED 221KAED 221,000 · Feb 2021February 2021 | 40,000 /yr |
103, Modelux Tower 1 in numbers
- Sold 3 times: first on 10 May 2021 for AED 300,000, last on 10 December 2025 for AED 490,000 (AED 931 per sqft).
- Rented since April 2024 on 3 Ejari contracts, from AED 25,000 to AED 41,000 a year.
- At AED 41,000 a year the gross yield on the 2025 price is 8.4%, before a service charge of about AED 7,000 a year (AED 13.28 per sqft).
- Studios in Modelux Tower 1 sold for AED 445,000–500,000 in the 12 months to November 2026; the building's median across all types is AED 922 per sqft.
Source: Dubai Land Department. Updated 4 July 2026.
Questions about 103, Modelux Tower 1
What did unit 103 last sell for?
AED 490,000 on 10 December 2025: AED 931 per sqft for 526 sqft. The unit has 3 registered sales; the first was AED 300,000 in May 2021.
What is the rent for unit 103?
AED 41,000 a year on the contract signed on 4 July 2026. The previous contract, from February 2026, was AED 45,000; the unit has been rented since April 2024.
How big is unit 103?
526 sqft (48.9 sqm): a studio on the 1st floor of a 6-storey tower completed in 2017.
What is unit 103 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 445,000 to 500,000 in the last 12 months, around AED 922 per sqft.
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Mortgage on 103, Modelux Tower 1
Starts from the last sale price (AED 490K, 10 December 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 490,000
- Deposit, UAE resident (20%)
- AED 98,000
- Deposit, non-resident (40%)
- AED 196,000
- Monthly over 25 years at 3.7%
- AED 2,005
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →