210, Modelux Tower 1
Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 210, Modelux Tower 1
What is 210 worth today?
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Source: Dubai Land Department. Updated 1 August 2023.
Key facts
- Type
- Studio apartment
- Size
- 511 sqft
- Floor
- 2nd of 6
- Parking
- B-210
- Developer
- Modelux Real Estate Development
- Completed
- 2017
- Service charge
- AED 6,800 /yr
- Last sold
- AED 300K · September 2022
- Building
- Modelux Tower 1
About 210, Modelux Tower 1
210 is a studio of 511 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 21 September 2022 for AED 300,000, or AED 586 per sqft, 18% above the AED 495 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 30,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 6,800 a year.
Sales and rents for 210 over time
210 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 210 sits
All 69 studios →210 last sold in September 2022 at AED 586 per sqft, 18% above what studios in Modelux Tower 1 were fetching at the time (AED 495). 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. 210's AED 30,000 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 | |
| 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 | ||
| 209 | Studio | 497 sqft | AED 450KAED 450,000 · Mar 2018March 2018 | 43,000 /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 |
210, Modelux Tower 1 in numbers
- Sold twice: first on 18 January 2018 for AED 495,000, last on 21 September 2022 for AED 300,000 (AED 586 per sqft).
- Rented since March 2018 on 4 Ejari contracts. The rent fell from AED 40,000 to AED 25,000 in 2021 and recovered to AED 30,000 by August 2023.
- At AED 30,000 a year the gross yield on the 2022 price is 10.0%, 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 1 August 2023.
Questions about 210, Modelux Tower 1
What did unit 210 last sell for?
AED 300,000 on 21 September 2022: AED 586 per sqft for 511 sqft. The unit has 2 registered sales; the first was AED 495,000 in January 2018.
What is the rent for unit 210?
AED 30,000 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 30,000; the unit has been rented since March 2018.
How big is unit 210?
511 sqft (47.5 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2017.
What is unit 210 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 210, Modelux Tower 1
Starts from the last sale price (AED 300K, 21 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 300,000
- Deposit, UAE resident (20%)
- AED 60,000
- Deposit, non-resident (40%)
- AED 120,000
- Monthly over 25 years at 3.7%
- AED 1,227
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →