Studio · 522 sqftModelux Tower 1, International City Phase 2 & 3 · 1st floor · completed 2017

106, Modelux Tower 1

Sold prices and rental history: sold 3 times, last in April 2026, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 30 April 2026
Last soldAED 445K30 April 2026
Current rentAED 44K /yr28 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Modelux Tower 1

What is 106 worth today?

Last sold for AED 445,000 in 2026

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30 Apr 2026SoldReady
AED 445,000AED 853 per sqft
28 Mar 2026RentedNew contract
AED 44,000/yr12 months · AED 84 per sqft
15 Feb 2021SoldReady
AED 200,000AED 383 per sqft
12 Jul 2018Sold by developerOff-plan
AED 460,000AED 881 per sqft

Source: Dubai Land Department. Updated 30 April 2026.

Key facts

Type
Studio apartment
Size
522 sqft
Floor
1st of 6
Parking
B-106
Developer
Modelux Real Estate Development
Completed
2017
Service charge
AED 6,900 /yr
Last sold
AED 445K · April 2026

About 106, Modelux Tower 1

106 is a studio of 522 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 30 April 2026 for AED 445,000, or AED 853 per sqft, 3% below the AED 881 studios in the building were fetching at the time.

One Ejari contract is registered, from 28 March 2026. The current contract, signed on 28 March 2026, is AED 44,000 a year: a gross yield of 9.9% on the 2026 price, before the service charge of about AED 6,900 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical studio in Modelux Tower 1
200K400K2017202020232026Typical sale price by year: 2017 AED 492,500; 2018 AED 435,000; 2019 AED 355,000; 2020 AED 410,000; 2021 AED 260,000; 2022 AED 270,000; 2023 AED 375,000; 2024 AED 385,000; 2025 AED 465,000; 2026 AED 480,000Sold by developer, July 2018: AED 460,000 (AED 881 per sqft)Sold, February 2021: AED 200,000 (AED 383 per sqft)Sold, April 2026: AED 445,000 (AED 853 per sqft)

106 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 106, each contractTypical studio in Modelux Tower 1
20K30K40K2018202120242027Typical rent by year: 2018 AED 34,500; 2019 AED 28,000; 2020 AED 25,500; 2021 AED 23,000; 2022 AED 24,000; 2023 AED 27,000; 2024 AED 31,000; 2025 AED 35,000; 2026 AED 41,000New contract, March 2026: AED 44,000 a year

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 106 sits

All 69 studios →

106 last sold in April 2026 at AED 853 per sqft, 3% below what studios in Modelux Tower 1 were fetching at the time (AED 881). 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. 106's AED 44,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Jul 2026453,000
15 Jul 2026485,000
10 Jun 2026450,000
18 May 2026480,000
9 studio sales in the last 12 months

Modelux Tower 1

Building

78 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%
Modelux Tower 1, International City Phase 2 & 3: prices, sales and rents →

Other units on the 1st floor

All 78 units in Modelux Tower 1
Value
101StudioAED 360K · Feb 2024
102StudioAED 250K · Dec 2021
103StudioAED 490K · Dec 2025
104StudioNo registered sale
105StudioAED 450K · Feb 2018
107StudioAED 220K · Apr 2021
108StudioAED 275K · Feb 2020
1–7 of 14

106, Modelux Tower 1 in numbers

  • Sold 3 times: first on 12 July 2018 for AED 460,000, last on 30 April 2026 for AED 445,000 (AED 853 per sqft).
  • Rented since March 2026 on one Ejari contract, at AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2026 price is 9.9%, before a service charge of about AED 6,900 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 30 April 2026.

Questions about 106, Modelux Tower 1

What did unit 106 last sell for?

AED 445,000 on 30 April 2026: AED 853 per sqft for 522 sqft. The unit has 3 registered sales; the first was AED 460,000 in July 2018.

What is the rent for unit 106?

AED 44,000 a year on the contract signed on 28 March 2026.

How big is unit 106?

522 sqft (48.5 sqm): a studio on the 1st floor of a 6-storey tower completed in 2017.

What is unit 106 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 106, Modelux Tower 1

Starts from the last sale price (AED 445K, 30 April 2026). Switch to today's estimate once you have unlocked it.
Price
AED 445,000
Deposit, UAE resident (20%)
AED 89,000
Deposit, non-resident (40%)
AED 178,000
Monthly over 25 years at 3.7%
AED 1,821

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →