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Studio · 512 sqftModelux Tower 1, International City Phase 2 & 3 · 2nd floor · completed 2017

212, Modelux Tower 1

Sold prices and rental history: sold once, by the developer in March 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 9 March 2021
Last soldAED 265K9 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 212, Modelux Tower 1

What is 212 worth today?

Last sold for AED 265,000 in 2021

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9 Mar 2021Sold by developerReady
AED 265,000AED 518 per sqft

Source: Dubai Land Department. Updated 9 March 2021.

Key facts

Type
Studio apartment
Size
512 sqft
Floor
2nd of 6
Parking
B-212
Developer
Modelux Real Estate Development
Completed
2017
Service charge
AED 6,800 /yr
Last sold
AED 265K · March 2021
Building
Modelux Tower 1

About 212, Modelux Tower 1

212 is a studio of 512 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 9 March 2021 for AED 265,000, or AED 518 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 212 over time

Sales
Unit 212, 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, March 2021: AED 265,000 (AED 518 per sqft)

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

Rents
Unit 212, each contractTypical studio in Modelux Tower 1
20K30K40K2018202120242027Typical 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 41,000

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 212 sits

All 69 studios →

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.

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 2nd floor

All 78 units in Modelux Tower 1
Value
201StudioAED 385K · Jun 2024
202StudioAED 460K · Apr 2021
203StudioAED 480K · Nov 2025
204StudioAED 450K · Oct 2017
205StudioAED 490K · Nov 2017
206StudioAED 460K · Feb 2020
207StudioAED 375K · Dec 2024
1–7 of 14

212, Modelux Tower 1 in numbers

  • Sold once: by Modelux Real Estate Development on 9 March 2021 for AED 265,000, or AED 518 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 9 March 2021.

Questions about 212, Modelux Tower 1

What did unit 212 last sell for?

AED 265,000 on 9 March 2021, sold by the developer: AED 518 per sqft for 512 sqft. It is the only registered sale of the unit.

How big is unit 212?

512 sqft (47.6 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2017.

What is unit 212 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 212, Modelux Tower 1

Starts from the last sale price (AED 265K, 9 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 265,000
Deposit, UAE resident (20%)
AED 53,000
Deposit, non-resident (40%)
AED 106,000
Monthly over 25 years at 3.7%
AED 1,084

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