Studio · 522 sqftModelux Tower 1, International City Phase 2 & 3 · 3rd floor · completed 2017

304, Modelux Tower 1

Sold prices and rental history: sold once, by the developer in December 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 304 · DLD and Ejari recordsUpdated 24 December 2017

Last soldAED 435K24 December 2017

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Today's valuefree after one verification

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Property timeline for 304, Modelux Tower 1

Today

What is 304 worth today?

Last sold for AED 435,000 in 2017

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24 Dec 2017

24 Dec 2017Sold by developerOff-plan

AED 435,000AED 833 per sqft

Source: Dubai Land Department. Updated 24 December 2017.

Key facts

Type: Studio apartment
Size: 522 sqft
Floor: 3rd of 6
Parking: B-304
Developer: Modelux Real Estate Development
Completed: 2017
Service charge: AED 6,900 /yr
Last sold: AED 435K · December 2017
Building: Modelux Tower 1

About 304, Modelux Tower 1

304 is a studio of 522 sqft on the 3rd 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 24 December 2017 for AED 435,000, or AED 833 per sqft, 11% below the AED 940 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 304 over time

Sales

Unit 304, each saleTypical studio in Modelux Tower 1

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

Rents

Unit 304, each contractTypical studio in Modelux Tower 1

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 304 sits

All 69 studios →

Studios in Modelux Tower 1 · last 12 months922 /sqft Modelux Tower 1 · all types922 /sqft

304 last sold in December 2017 at AED 833 per sqft, 11% 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.

Recent studio sales	Size	Price (AED)	Per sqft
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

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 3rd floor

All 78 units in Modelux Tower 1


301	Studio	529 sqft	AED 285KAED 285,000 · Nov 2022November 2022	23,000 /yr
302	Studio	514 sqft	AED 400KAED 400,000 · Jan 2018January 2018	33,000 /yr
303	Studio	526 sqft	AED 460KAED 460,000 · May 2025May 2025
305	Studio	521 sqft	AED 430KAED 430,000 · Oct 2017October 2017	27,000 /yr
306	Studio	522 sqft	AED 499KAED 499,000 · Jan 2018January 2018	34,000 /yr
307	Studio	515 sqft	AED 400KAED 400,000 · Oct 2024October 2024
308	Studio	523 sqft	AED 440KAED 440,000 · Aug 2025August 2025	41,000 /yr
309	Studio	497 sqft	AED 470KAED 470,000 · Feb 2025February 2025
310	Studio	511 sqft	AED 499KAED 499,000 · Feb 2018February 2018
311	Studio	512 sqft	AED 290KAED 290,000 · Feb 2023February 2023
312	Studio	512 sqft	AED 485KAED 485,000 · Feb 2026February 2026	33,220 /yr
314	Studio	505 sqft	AED 250KAED 250,000 · Nov 2021November 2021	42,000 /yr
315	2-bed	830 sqft	AED 739KAED 739,000 · Nov 2017November 2017

1–7 of 13

304, Modelux Tower 1 in numbers

Sold once: by Modelux Real Estate Development on 24 December 2017 for AED 435,000, or AED 833 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 24 December 2017.

Questions about 304, Modelux Tower 1

What did unit 304 last sell for?

AED 435,000 on 24 December 2017, sold by the developer: AED 833 per sqft for 522 sqft. It is the only registered sale of the unit.

How big is unit 304?

522 sqft (48.5 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2017.

What is unit 304 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 304, Modelux Tower 1

Starts from the last sale price (AED 435K, 24 December 2017). Switch to today's estimate once you have unlocked it.

Price: AED 435,000
Deposit, UAE resident (20%): AED 87,000
Deposit, non-resident (40%): AED 174,000
Monthly over 25 years at 3.7%: AED 1,780

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