Studio · 523 sqftModelux Tower 1, International City Phase 2 & 3 · 1st floor · completed 2017

108, Modelux Tower 1

Sold prices and rental history: sold twice, last in February 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 108 · DLD and Ejari recordsUpdated 11 February 2020

Last soldAED 275K11 February 2020

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Today's valuefree after one verification

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Property timeline for 108, Modelux Tower 1

Today

What is 108 worth today?

Last sold for AED 275,000 in 2020

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11 Feb 2020

11 Feb 2020SoldReady

AED 275,000AED 526 per sqft

21 Jan 2018

21 Jan 2018Sold by developerOff-plan

AED 435,000AED 832 per sqft

Source: Dubai Land Department. Updated 11 February 2020.

Key facts

Type: Studio apartment
Size: 523 sqft
Floor: 1st of 6
Parking: B-108
Developer: Modelux Real Estate Development
Completed: 2017
Service charge: AED 6,900 /yr
Last sold: AED 275K · February 2020
Building: Modelux Tower 1

About 108, Modelux Tower 1

108 is a studio of 523 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 11 February 2020 for AED 275,000, or AED 526 per sqft, 24% below the AED 694 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 108 over time

Sales

Unit 108, each saleTypical studio in Modelux Tower 1

108 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 108, each contractTypical studio in Modelux Tower 1

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 108 sits

All 69 studios →

Studios in Modelux Tower 1 · last 12 months922 /sqft Modelux Tower 1 · all types922 /sqft

108 last sold in February 2020 at AED 526 per sqft, 24% below what studios in Modelux Tower 1 were fetching at the time (AED 694). 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.

Recent studio sales	Size	Price (AED)	Per sqft
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

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


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
103	Studio	526 sqft	AED 490KAED 490,000 · Dec 2025December 2025	41,000 /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
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

1–7 of 14

108, Modelux Tower 1 in numbers

Sold twice: first on 21 January 2018 for AED 435,000, last on 11 February 2020 for AED 275,000 (AED 526 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 11 February 2020.

Questions about 108, Modelux Tower 1

What did unit 108 last sell for?

AED 275,000 on 11 February 2020: AED 526 per sqft for 523 sqft. The unit has 2 registered sales; the first was AED 435,000 in January 2018.

How big is unit 108?

523 sqft (48.6 sqm): a studio on the 1st floor of a 6-storey tower completed in 2017.

What is unit 108 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 108, Modelux Tower 1

Starts from the last sale price (AED 275K, 11 February 2020). Switch to today's estimate once you have unlocked it.

Price: AED 275,000
Deposit, UAE resident (20%): AED 55,000
Deposit, non-resident (40%): AED 110,000
Monthly over 25 years at 3.7%: AED 1,125

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