209, Modelux Tower 1
Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 209, Modelux Tower 1
What is 209 worth today?
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Source: Dubai Land Department. Updated 12 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 497 sqft
- Floor
- 2nd of 6
- Parking
- B-209
- Developer
- Modelux Real Estate Development
- Completed
- 2017
- Service charge
- AED 6,600 /yr
- Last sold
- AED 450K · March 2018
- Building
- Modelux Tower 1
About 209, Modelux Tower 1
209 is a studio of 497 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 8 March 2018 for AED 450,000, or AED 905 per sqft, 4% below the AED 940 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 12 February 2026, is AED 43,000 a year: a gross yield of 9.6% on the 2018 price, before the service charge of about AED 6,600 a year.
Sales and rents for 209 over time
209 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 209 sits
All 69 studios →209 last sold in March 2018 at AED 905 per sqft, 4% below 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. 209'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 | |
| 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 | ||
| 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 |
209, Modelux Tower 1 in numbers
- Sold once: by Modelux Real Estate Development on 8 March 2018 for AED 450,000, or AED 905 per sqft.
- Rented since October 2020 on 5 Ejari contracts, from AED 26,000 to AED 43,000 a year.
- At AED 43,000 a year the gross yield on the 2018 price is 9.6%, before a service charge of about AED 6,600 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 February 2026.
Questions about 209, Modelux Tower 1
What did unit 209 last sell for?
AED 450,000 on 8 March 2018, sold by the developer: AED 905 per sqft for 497 sqft. It is the only registered sale of the unit.
What is the rent for unit 209?
AED 43,000 a year on the contract signed on 12 February 2026. The previous contract, from October 2023, was AED 29,000; the unit has been rented since October 2020.
How big is unit 209?
497 sqft (46.2 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2017.
What is unit 209 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 209, Modelux Tower 1
Starts from the last sale price (AED 450K, 8 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →