Studio · 511 sqftModelux Tower 1, International City Phase 2 & 3 · 3rd floor · completed 2017

310, Modelux Tower 1

Sold prices and rental history: sold once, by the developer in February 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 310 · DLD and Ejari recordsUpdated 26 February 2018
Last soldAED 499K26 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 310, Modelux Tower 1

What is 310 worth today?

Last sold for AED 499,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Feb 2018Sold by developerOff-plan
AED 499,000AED 975 per sqft

Source: Dubai Land Department. Updated 26 February 2018.

Key facts

Type
Studio apartment
Size
511 sqft
Floor
3rd of 6
Parking
B-310
Developer
Modelux Real Estate Development
Completed
2017
Service charge
AED 6,800 /yr
Last sold
AED 499K · February 2018

About 310, Modelux Tower 1

310 is a studio of 511 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 26 February 2018 for AED 499,000, or AED 975 per sqft, 4% above 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 310 over time

Sales
Unit 310, 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, February 2018: AED 499,000 (AED 975 per sqft)

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

Rents
Unit 310, 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 310 sits

All 69 studios →

310 last sold in February 2018 at AED 975 per sqft, 4% 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.

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 3rd floor

All 78 units in Modelux Tower 1
Value
301StudioAED 285K · Nov 2022
302StudioAED 400K · Jan 2018
303StudioAED 460K · May 2025
304StudioAED 435K · Dec 2017
305StudioAED 430K · Oct 2017
306StudioAED 499K · Jan 2018
307StudioAED 400K · Oct 2024
1–7 of 13

310, Modelux Tower 1 in numbers

  • Sold once: by Modelux Real Estate Development on 26 February 2018 for AED 499,000, or AED 975 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 26 February 2018.

Questions about 310, Modelux Tower 1

What did unit 310 last sell for?

AED 499,000 on 26 February 2018, sold by the developer: AED 975 per sqft for 511 sqft. It is the only registered sale of the unit.

How big is unit 310?

511 sqft (47.5 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2017.

What is unit 310 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.

Selling 310? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 310, Modelux Tower 1

Starts from the last sale price (AED 499K, 26 February 2018). 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 →