207, Modelux Tower 1
Sold prices and rental history: sold twice, last in December 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 207, Modelux Tower 1
What is 207 worth today?
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Source: Dubai Land Department. Updated 12 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 515 sqft
- Floor
- 2nd of 6
- Parking
- B-207
- Developer
- Modelux Real Estate Development
- Completed
- 2017
- Service charge
- AED 6,800 /yr
- Last sold
- AED 375K · December 2024
- Building
- Modelux Tower 1
About 207, Modelux Tower 1
207 is a studio of 515 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. It last sold on 10 December 2024 for AED 375,000, or AED 728 per sqft, in line with the AED 731 studios in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 12 October 2025, is AED 43,000 a year: a gross yield of 11.5% on the 2024 price, before the service charge of about AED 6,800 a year.
Sales and rents for 207 over time
207 has sold twice; 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 207 sits
All 69 studios →207 last sold in December 2024 at AED 728 per sqft, in line with what studios in Modelux Tower 1 were fetching at the time (AED 731). 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. 207's AED 43,000 is in the upper 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 | |
| 205 | Studio | 521 sqft | AED 490KAED 490,000 · Nov 2017November 2017 | 39,000 /yr | |
| 206 | Studio | 522 sqft | AED 460KAED 460,000 · Feb 2020February 2020 | 28,000 /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 |
207, Modelux Tower 1 in numbers
- Sold twice: first on 31 May 2018 for AED 395,000, last on 10 December 2024 for AED 375,000 (AED 728 per sqft).
- Rented since October 2020 on 2 Ejari contracts, from AED 25,000 to AED 43,000 a year.
- At AED 43,000 a year the gross yield on the 2024 price is 11.5%, before a service charge of about AED 6,800 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 12 October 2025.
Questions about 207, Modelux Tower 1
What did unit 207 last sell for?
AED 375,000 on 10 December 2024: AED 728 per sqft for 515 sqft. The unit has 2 registered sales; the first was AED 395,000 in May 2018.
What is the rent for unit 207?
AED 43,000 a year on the contract signed on 12 October 2025. The previous contract, from October 2020, was AED 25,000.
How big is unit 207?
515 sqft (47.8 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2017.
What is unit 207 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 207, Modelux Tower 1
Starts from the last sale price (AED 375K, 10 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 375,000
- Deposit, UAE resident (20%)
- AED 75,000
- Deposit, non-resident (40%)
- AED 150,000
- Monthly over 25 years at 3.7%
- AED 1,534
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →