Studio · 449 sqftModelux Tower 1, International City Phase 2 & 3 · 1st floor · completed 2017

110, Modelux Tower 1

Sold prices and rental history: sold once, by the developer in December 2019, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 110 · DLD and Ejari recordsUpdated 20 October 2026
Last soldAED 260K19 December 2019
Current rentAED 38K /yr20 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 110, Modelux Tower 1

What is 110 worth today?

Last sold for AED 260,000 in 2019

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20 Oct 2026RentedNew contract
AED 38,000/yr12 months · AED 85 per sqft
27 Jul 2026RentedNew contract
AED 30,000/yr12 months · AED 67 per sqft
25 Jun 2022RentedNew contract
AED 23,000/yr12 months · AED 51 per sqft
15 May 2021RentedNew contract
AED 17,000/yr12 months · AED 38 per sqft
19 Dec 2019Sold by developerReady
AED 260,000AED 578 per sqft
20 Dec 2018RentedNew contract
AED 30,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 20 October 2026.

Key facts

Type
Studio apartment
Size
449 sqft
Floor
1st of 6
Parking
B-110
Developer
Modelux Real Estate Development
Completed
2017
Service charge
AED 6,000 /yr
Last sold
AED 260K · December 2019

About 110, Modelux Tower 1

110 is a studio of 449 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. The developer sold it on 19 December 2019 for AED 260,000, or AED 578 per sqft, 17% below the AED 694 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 20 October 2026, is AED 38,000 a year: a gross yield of 14.6% on the 2019 price, before the service charge of about AED 6,000 a year.

Sales and rents for 110 over time

Sales
Unit 110, each saleTypical studio in Modelux Tower 1
400K2017202020232026Typical 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, December 2019: AED 260,000 (AED 578 per sqft)

110 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 110, each contractTypical studio in Modelux Tower 1
20K40K2018202120242027Typical 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, December 2018: AED 30,000 a yearNew contract, May 2021: AED 17,000 a yearNew contract, June 2022: AED 23,000 a yearNew contract, July 2026: AED 30,000 a yearNew contract, October 2026: AED 38,000 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 110 sits

All 69 studios →

110 last sold in December 2019 at AED 578 per sqft, 17% 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. 110's AED 38,000 is in the lower 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
106StudioAED 445K · Apr 2026
107StudioAED 220K · Apr 2021
1–7 of 14

110, Modelux Tower 1 in numbers

  • Sold once: by Modelux Real Estate Development on 19 December 2019 for AED 260,000, or AED 578 per sqft.
  • Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 30,000 to AED 17,000 in 2021 and recovered to AED 38,000 by October 2026.
  • At AED 38,000 a year the gross yield on the 2019 price is 14.6%, before a service charge of about AED 6,000 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 20 October 2026.

Questions about 110, Modelux Tower 1

What did unit 110 last sell for?

AED 260,000 on 19 December 2019, sold by the developer: AED 578 per sqft for 449 sqft. It is the only registered sale of the unit.

What is the rent for unit 110?

AED 38,000 a year on the contract signed on 20 October 2026. The previous contract, from July 2026, was AED 30,000; the unit has been rented since December 2018.

How big is unit 110?

449 sqft (41.7 sqm): a studio on the 1st floor of a 6-storey tower completed in 2017.

What is unit 110 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 110, Modelux Tower 1

Starts from the last sale price (AED 260K, 19 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 260,000
Deposit, UAE resident (20%)
AED 52,000
Deposit, non-resident (40%)
AED 104,000
Monthly over 25 years at 3.7%
AED 1,064

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