205, Modelux Tower 1
Sold prices and rental history: sold once, by the developer in November 2017, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 205, Modelux Tower 1
What is 205 worth today?
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Source: Dubai Land Department. Updated 15 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 521 sqft
- Floor
- 2nd of 6
- Parking
- B-205
- Developer
- Modelux Real Estate Development
- Completed
- 2017
- Service charge
- AED 6,900 /yr
- Last sold
- AED 490K · November 2017
- Building
- Modelux Tower 1
About 205, Modelux Tower 1
205 is a studio of 521 sqft on the 2nd 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 21 November 2017 for AED 490,000, or AED 940 per sqft, in line with the AED 940 studios in the building were fetching at the time.
One Ejari contract is registered, from 15 September 2026. The current contract, signed on 15 September 2026, is AED 39,000 a year: a gross yield of 8.0% on the 2017 price, before the service charge of about AED 6,900 a year.
Sales and rents for 205 over time
205 has sold once; 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 205 sits
All 69 studios →205 last sold in November 2017 at AED 940 per sqft, in line with what studios in Modelux Tower 1 were fetching at the time (AED 940). 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. 205's AED 39,000 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 2nd floor
All 78 units in Modelux Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | Studio | 529 sqft | AED 385KAED 385,000 · Jun 2024June 2024 | 42,000 /yr | |
| 202 | Studio | 514 sqft | AED 460KAED 460,000 · Apr 2021April 2021 | 34,000 /yr | |
| 203 | Studio | 526 sqft | AED 480KAED 480,000 · Nov 2025November 2025 | 44,000 /yr | |
| 204 | Studio | 522 sqft | AED 450KAED 450,000 · Oct 2017October 2017 | 49,200 /yr | |
| 206 | Studio | 522 sqft | AED 460KAED 460,000 · Feb 2020February 2020 | 28,000 /yr | |
| 207 | Studio | 515 sqft | AED 375KAED 375,000 · Dec 2024December 2024 | 43,000 /yr | |
| 208 | Studio | 523 sqft | AED 499KAED 499,000 · Oct 2017October 2017 | ||
| 209 | Studio | 497 sqft | AED 450KAED 450,000 · Mar 2018March 2018 | 43,000 /yr | |
| 210 | Studio | 511 sqft | AED 300KAED 300,000 · Sep 2022September 2022 | 30,000 /yr | |
| 211 | Studio | 512 sqft | AED 400KAED 400,000 · Oct 2024October 2024 | 44,000 /yr | |
| 212 | Studio | 512 sqft | AED 265KAED 265,000 · Mar 2021March 2021 | ||
| 213 | Studio | 512 sqft | AED 280KAED 280,000 · Dec 2019December 2019 | ||
| 214 | Studio | 505 sqft | AED 499KAED 499,000 · Nov 2017November 2017 | 32,550 /yr | |
| 215 | 2-bed | 830 sqft | AED 425KAED 425,000 · Aug 2022August 2022 | 45,000 /yr |
205, Modelux Tower 1 in numbers
- Sold once: by Modelux Real Estate Development on 21 November 2017 for AED 490,000, or AED 940 per sqft.
- Rented since September 2026 on one Ejari contract, at AED 39,000 a year.
- At AED 39,000 a year the gross yield on the 2017 price is 8.0%, 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 15 September 2026.
Questions about 205, Modelux Tower 1
What did unit 205 last sell for?
AED 490,000 on 21 November 2017, sold by the developer: AED 940 per sqft for 521 sqft. It is the only registered sale of the unit.
What is the rent for unit 205?
AED 39,000 a year on the contract signed on 15 September 2026.
How big is unit 205?
521 sqft (48.4 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2017.
What is unit 205 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.
Selling 205? Put it on the OpenOffers board
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Mortgage on 205, Modelux Tower 1
Starts from the last sale price (AED 490K, 21 November 2017). 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 →