214, Modelux Tower 1
Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 214, Modelux Tower 1
What is 214 worth today?
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Source: Dubai Land Department. Updated 25 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 505 sqft
- Floor
- 2nd of 6
- Parking
- B-214
- Developer
- Modelux Real Estate Development
- Completed
- 2017
- Service charge
- AED 6,700 /yr
- Last sold
- AED 499K · November 2017
- Building
- Modelux Tower 1
About 214, Modelux Tower 1
214 is a studio of 505 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 499,000, or AED 988 per sqft, 5% above the AED 940 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 25 January 2026, is AED 32,550 a year: a gross yield of 6.5% on the 2017 price, before the service charge of about AED 6,700 a year.
Sales and rents for 214 over time
214 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 214 sits
All 69 studios →214 last sold in November 2017 at AED 988 per sqft, 5% above 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. 214's AED 32,550 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 | |
| 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 | ||
| 215 | 2-bed | 830 sqft | AED 425KAED 425,000 · Aug 2022August 2022 | 45,000 /yr |
214, Modelux Tower 1 in numbers
- Sold once: by Modelux Real Estate Development on 21 November 2017 for AED 499,000, or AED 988 per sqft.
- Rented since September 2019 on 8 Ejari contracts. The rent fell from AED 28,000 to AED 24,000 in 2020 and recovered to AED 32,550 by January 2026.
- At AED 32,550 a year the gross yield on the 2017 price is 6.5%, before a service charge of about AED 6,700 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 25 January 2026.
Questions about 214, Modelux Tower 1
What did unit 214 last sell for?
AED 499,000 on 21 November 2017, sold by the developer: AED 988 per sqft for 505 sqft. It is the only registered sale of the unit.
What is the rent for unit 214?
AED 32,550 a year on the contract renewed on 25 January 2026. The previous contract, from January 2025, was AED 31,000; the unit has been rented since September 2019.
How big is unit 214?
505 sqft (46.9 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2017.
What is unit 214 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 214, Modelux Tower 1
Starts from the last sale price (AED 499K, 21 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 499,000
- Deposit, UAE resident (20%)
- AED 99,800
- Deposit, non-resident (40%)
- AED 199,600
- Monthly over 25 years at 3.7%
- AED 2,042
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →