G05, Modelux Tower 1
Sold prices and rental history: sold once, by the developer in October 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G05, Modelux Tower 1
What is G05 worth today?
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Source: Dubai Land Department. Updated 1 April 2026.
Key facts
- Type
- Studio apartment
- Size
- 625 sqft
- Floor
- Ground of 6
- Parking
- G-G05
- Developer
- Modelux Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,300 /yr
- Last sold
- AED 495K · October 2017
- Building
- Modelux Tower 1
About G05, Modelux Tower 1
G05 is a studio of 625 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 30 October 2017 for AED 495,000, or AED 791 per sqft, 12% below the AED 901 studios in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 45,000 a year: a gross yield of 9.1% on the 2017 price, before the service charge of about AED 8,300 a year.
Sales and rents for G05 over time
G05 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 G05 sits
All 69 studios →G05 last sold in October 2017 at AED 791 per sqft, 12% below what studios in Modelux Tower 1 were fetching at the time (AED 901). 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. G05's AED 45,000 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 1G05, Modelux Tower 1 in numbers
- Sold once: by Modelux Real Estate Development on 30 October 2017 for AED 495,000, or AED 791 per sqft.
- Rented since November 2021 on 3 Ejari contracts, from AED 24,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2017 price is 9.1%, before a service charge of about AED 8,300 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 1 April 2026.
Questions about G05, Modelux Tower 1
What did unit G05 last sell for?
AED 495,000 on 30 October 2017, sold by the developer: AED 791 per sqft for 625 sqft. It is the only registered sale of the unit.
What is the rent for unit G05?
AED 45,000 a year on the contract renewed on 1 April 2026. The previous contract, from April 2025, was AED 46,000; the unit has been rented since November 2021.
How big is unit G05?
625 sqft (58.1 sqm): a studio on the ground floor of a 6-storey tower completed in 2017.
What is unit G05 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 G05, Modelux Tower 1
Starts from the last sale price (AED 495K, 30 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 495,000
- Deposit, UAE resident (20%)
- AED 99,000
- Deposit, non-resident (40%)
- AED 198,000
- Monthly over 25 years at 3.7%
- AED 2,025
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →