404, Modelux Tower 1
Sold prices and rental history: sold 3 times, last in November 2025, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, Modelux Tower 1
What is 404 worth today?
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Source: Dubai Land Department. Updated 7 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 522 sqft
- Floor
- 4th of 6
- Parking
- B-404
- Developer
- Modelux Real Estate Development
- Completed
- 2017
- Service charge
- AED 6,900 /yr
- Last sold
- AED 550K · November 2025
- Building
- Modelux Tower 1
About 404, Modelux Tower 1
404 is a studio of 522 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 7 November 2025 for AED 550,000, or AED 1,053 per sqft, 25% above the AED 841 studios in the building were fetching at the time.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 6 June 2021, is AED 23,000 a year: a gross yield of 4.2% on the 2025 price, before the service charge of about AED 6,900 a year.
Sales and rents for 404 over time
404 has sold 3 times; 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 404 sits
All 69 studios →404 last sold in November 2025 at AED 1,053 per sqft, 25% above what studios in Modelux Tower 1 were fetching at the time (AED 841). 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. 404's AED 23,000 is at the bottom 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 4th floor
All 78 units in Modelux Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 529 sqft | AED 390KAED 390,000 · Apr 2024April 2024 | 35,000 /yr | |
| 402 | Studio | 514 sqft | AED 480KAED 480,000 · May 2026May 2026 | ||
| 403 | Studio | 526 sqft | AED 453KAED 453,000 · Jul 2026July 2026 | ||
| 405 | Studio | 521 sqft | AED 499KAED 499,000 · Oct 2017October 2017 | 37,000 /yr | |
| 406 | Studio | 522 sqft | AED 460KAED 460,000 · Oct 2025October 2025 | 25,000 /yr | |
| 407 | Studio | 515 sqft | AED 398KAED 398,000 · Oct 2024October 2024 | 31,000 /yr | |
| 408 | Studio | 523 sqft | AED 418KAED 418,000 · Mar 2025March 2025 | 45,000 /yr | |
| 410 | Studio | 511 sqft | AED 400KAED 400,000 · Sep 2023September 2023 | 30,838 /yr | |
| 411 | Studio | 512 sqft | AED 260KAED 260,000 · Jul 2021July 2021 | 25,000 /yr | |
| 412 | Studio | 512 sqft | AED 265KAED 265,000 · Feb 2022February 2022 | 44,000 /yr |
404, Modelux Tower 1 in numbers
- Sold 3 times: first on 3 August 2017 for AED 430,000, last on 7 November 2025 for AED 550,000 (AED 1,053 per sqft).
- Rented since June 2019 on 2 Ejari contracts, from AED 28,000 to AED 23,000 a year.
- At AED 23,000 a year the gross yield on the 2025 price is 4.2%, before a service charge of about AED 6,900 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 7 November 2025.
Questions about 404, Modelux Tower 1
What did unit 404 last sell for?
AED 550,000 on 7 November 2025: AED 1,053 per sqft for 522 sqft. The unit has 3 registered sales; the first was AED 430,000 in August 2017.
What is the rent for unit 404?
AED 23,000 a year on the contract signed on 6 June 2021. The previous contract, from June 2019, was AED 28,000.
How big is unit 404?
522 sqft (48.5 sqm): a studio on the 4th floor of a 6-storey tower completed in 2017.
What is unit 404 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 404, Modelux Tower 1
Starts from the last sale price (AED 550K, 7 November 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →