G01, Modelux Tower 1
Sold prices and rental history: sold once, by the developer in October 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G01, Modelux Tower 1
What is G01 worth today?
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Source: Dubai Land Department. Updated 24 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 577 sqft
- Floor
- Ground of 6
- Parking
- G-G01
- Developer
- Modelux Real Estate Development
- Completed
- 2017
- Service charge
- AED 7,700 /yr
- Last sold
- AED 470K · October 2025
- Building
- Modelux Tower 1
About G01, Modelux Tower 1
G01 is a studio of 577 sqft on the ground 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 9 October 2025 for AED 470,000, or AED 814 per sqft, in line with the AED 814 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 24 March 2026, is AED 44,000 a year: a gross yield of 9.4% on the 2025 price, before the service charge of about AED 7,700 a year.
Sales and rents for G01 over time
G01 has sold once; 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 G01 sits
All 69 studios →G01 last sold in October 2025 at AED 814 per sqft, in line with what studios in Modelux Tower 1 were fetching at the time (AED 814). 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. G01's AED 44,000 is in the upper half 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 ground floor
All 78 units in Modelux Tower 1G01, Modelux Tower 1 in numbers
- Sold once: by Modelux Real Estate Development on 9 October 2025 for AED 470,000, or AED 814 per sqft.
- Rented since April 2021 on 4 Ejari contracts, from AED 21,000 to AED 44,000 a year.
- At AED 44,000 a year the gross yield on the 2025 price is 9.4%, before a service charge of about AED 7,700 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 24 March 2026.
Questions about G01, Modelux Tower 1
What did unit G01 last sell for?
AED 470,000 on 9 October 2025, sold by the developer: AED 814 per sqft for 577 sqft. It is the only registered sale of the unit.
What is the rent for unit G01?
AED 44,000 a year on the contract signed on 24 March 2026. The previous contract, from December 2023, was AED 23,000; the unit has been rented since April 2021.
How big is unit G01?
577 sqft (53.6 sqm): a studio on the ground floor of a 6-storey tower completed in 2017.
What is unit G01 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 G01, Modelux Tower 1
Starts from the last sale price (AED 470K, 9 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 470,000
- Deposit, UAE resident (20%)
- AED 94,000
- Deposit, non-resident (40%)
- AED 188,000
- Monthly over 25 years at 3.7%
- AED 1,923
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →