Studio · 526 sqftModelux Tower 1, International City Phase 2 & 3 · 4th floor · completed 2017

403, Modelux Tower 1

Sold prices and rental history: sold 3 times, last in July 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 16 July 2026
Last soldAED 453K16 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Modelux Tower 1

What is 403 worth today?

Last sold for AED 453,000 in 2026

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16 Jul 2026SoldReady
AED 453,000AED 861 per sqft
23 Aug 2023SoldReady
AED 400,000AED 760 per sqft
10 May 2021Sold by developerReady
AED 300,000AED 570 per sqft

Source: Dubai Land Department. Updated 16 July 2026.

Key facts

Type
Studio apartment
Size
526 sqft
Floor
4th of 6
Parking
B-403
Developer
Modelux Real Estate Development
Completed
2017
Service charge
AED 7,000 /yr
Last sold
AED 453K · July 2026

About 403, Modelux Tower 1

403 is a studio of 526 sqft on the 4th floor of Modelux Tower 1, a 6-storey tower in International City Phase 2 & 3 completed in 2017 by Modelux Real Estate Development. It last sold on 16 July 2026 for AED 453,000, or AED 861 per sqft, 4% below the AED 897 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 403 over time

Sales
Unit 403, 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, May 2021: AED 300,000 (AED 570 per sqft)Sold, August 2023: AED 400,000 (AED 760 per sqft)Sold, July 2026: AED 453,000 (AED 861 per sqft)

403 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 403, 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 403 sits

All 69 studios →

403 last sold in July 2026 at AED 861 per sqft, 4% below what studios in Modelux Tower 1 were fetching at the time (AED 897). 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
15 Jul 2026485,000
10 Jun 2026450,000
18 May 2026480,000
30 Apr 2026445,000
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 4th floor

All 78 units in Modelux Tower 1
Value
401StudioAED 390K · Apr 2024
402StudioAED 480K · May 2026
404StudioAED 550K · Nov 2025
405StudioAED 499K · Oct 2017
406StudioAED 460K · Oct 2025
407StudioAED 398K · Oct 2024
408StudioAED 418K · Mar 2025
1–7 of 10

403, Modelux Tower 1 in numbers

  • Sold 3 times: first on 10 May 2021 for AED 300,000, last on 16 July 2026 for AED 453,000 (AED 861 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 16 July 2026.

Questions about 403, Modelux Tower 1

What did unit 403 last sell for?

AED 453,000 on 16 July 2026: AED 861 per sqft for 526 sqft. The unit has 3 registered sales; the first was AED 300,000 in May 2021.

How big is unit 403?

526 sqft (48.9 sqm): a studio on the 4th floor of a 6-storey tower completed in 2017.

What is unit 403 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 403, Modelux Tower 1

Starts from the last sale price (AED 453K, 16 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 453,000
Deposit, UAE resident (20%)
AED 90,600
Deposit, non-resident (40%)
AED 181,200
Monthly over 25 years at 3.7%
AED 1,853

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