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2-bed · 830 sqftModelux Tower 1, International City Phase 2 & 3 · 3rd floor · completed 2017

315, Modelux Tower 1

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

Unit 315 · DLD and Ejari recordsUpdated 21 November 2017
Last soldAED 739K21 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 315, Modelux Tower 1

What is 315 worth today?

Last sold for AED 739,000 in 2017

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21 Nov 2017Sold by developerOff-plan
AED 739,000AED 890 per sqft

Source: Dubai Land Department. Updated 21 November 2017.

Key facts

Type
2-bed apartment
Size
830 sqft
Floor
3rd of 6
Parking
B-315
Developer
Modelux Real Estate Development
Completed
2017
Service charge
AED 11,000 /yr
Last sold
AED 739K · November 2017
Building
Modelux Tower 1

About 315, Modelux Tower 1

315 is a two-bedroom apartment of 830 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 21 November 2017 for AED 739,000, or AED 890 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 315 over time

Rents
Unit 315, each contractTypical two-bed in Modelux Tower 1
40K60K2019202120232025Typical rent by year: 2019 AED 44,500; 2021 AED 34,952; 2025 AED 66,750

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Modelux Tower 1, and where 315 sits

All 6 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 2025850,000
10 Sep 2025830,000
5 Apr 2024500,000
16 Mar 2023500,000
0 2-bed 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

315, Modelux Tower 1 in numbers

  • Sold once: by Modelux Real Estate Development on 21 November 2017 for AED 739,000, or AED 890 per sqft.

Source: Dubai Land Department. Updated 21 November 2017.

Questions about 315, Modelux Tower 1

What did unit 315 last sell for?

AED 739,000 on 21 November 2017, sold by the developer: AED 890 per sqft for 830 sqft. It is the only registered sale of the unit.

How big is unit 315?

830 sqft (77.1 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2017.

What is unit 315 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 315, Modelux Tower 1

Starts from the last sale price (AED 739K, 21 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 739,000
Deposit, UAE resident (20%)
AED 147,800
Deposit, non-resident (40%)
AED 295,600
Monthly over 25 years at 3.7%
AED 3,023

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