Modelux Tower 1
موديلكس تاور 1MODELUX REAL ESTATE DEVELOPMENT L.L.C · Home sales since 2017 · mostly resales in the 12 months to 16 Jul 2026
The Land Department’s record
completed per the Land Department · 100% complete · buildings · 85 units · 1 building · DLD target completion September 2017
Registered developer: MODELUX REAL ESTATE DEVELOPMENT L.L.C (DLD no. 1116)
Master developer: INTERNATIONAL CITY ( L.L.C ) (DLD no. 122)
Escrow account with Dubai Islamic Bank · Zoned by Trakhees
From the Land Department’s projects file, file dated 15 June 2026.
Rents recorded under International City Phase 3
Typical yearly rent of AED 45,100 across 9,966 tenancies recorded in the community over the last 12 months.
This is the community’s figure, not this project’s.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
AED 892/sqft
Jul 2026 · 2 home sales
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Too few resales for a comparison. Resale price per sqft: AED 548/sqft · Mar 2023 · 2 sales against AED 892/sqft · Jul 2026 · 2 sales.
43 months
Recorded home resales here fall in 43 months, Feb 2019 to Jul 2026. The growth beside this is drawn from the months with 5 or more of them; a figure for what they will do next is a scenario you set on the returns page.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually sold for in Modelux Tower 1 — not an asking price, and not this project’s overall typical price, which mixes every size together.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Price per sqft trend
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What it returns
A year of rent compared with what completed homes of that size actually sold for in Modelux Tower 1 over the same twelve months. Prices are this project’s own recorded ready-home sales. Off-plan sales are left out because rent is paid on built homes. Rents marked this building are new rent contracts recorded in Modelux Tower 1 itself. The rest are homes of the same size in International City Ph 2 & 3, used where Ejari did not name the building. A red (i) marks a figure that rests on few records, with how many.
| Size | Price now, ready homes | Rents for | Yield before costs | Ready sales, 12 months |
|---|---|---|---|---|
| Studio | AED 480K | AED 41,000/yrthis building · 27 new lets | 8.5% | 11 |
| 2 beds | AED 850K1 sale | AED 58,000/yrsame size in International City Ph 2 & 3 · 1,117 new lets | 6.8% | 1 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price. In a market that has risen as far as Dubai’s, the average is a historical price. Worked out with the typical price across every sale on record (AED 400K), a studio here reads 10.3% instead of 8.5%. The yield in the table above uses the AED 480K a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
Starting from this building’s own owners’ association budget for 2026 — AED 17/sqft, as recorded with the Land Department. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Yield before costs | Yield after service charge |
|---|---|---|---|---|
| Studio | AED 8,867 | AED 32,133 | 8.5% | 6.7% |
Only the service charge is taken off.
Reserve fund: AED 0.6/sqft of the AED 17/sqft recorded for 2026.
Yield before costs: a year of rent as a share of the price.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.
Common questions about Modelux Tower 1
How much does a home in Modelux Tower 1 cost?
Over the last twelve months, the typical price (the median: half sold for more than this, half for less) of a completed home in Modelux Tower 1 was AED 480K for a studio (11 ready sales). These come from sales recorded by the Dubai Land Department. They are what buyers paid, not asking prices. Only completed homes are counted: off-plan sales are left out, because they sell at a premium and are not the same purchase.
How much is rent in Modelux Tower 1?
The typical rent (the median: half of the rent contracts were above this, half below) in Modelux Tower 1 is AED 41,000/yr for a studio (27 new tenancies recorded in Modelux Tower 1 itself). These rents come from the new rent contracts recorded in Ejari (Dubai's rent registration system) over the last twelve months. They are what tenants agreed to pay, not advertised asking rents. Ejari names the building on these contracts, so every figure above is a tenancy recorded in Modelux Tower 1 itself.
What rental yield does Modelux Tower 1 give?
The yield before costs on completed homes in Modelux Tower 1 is about 8.5% on a studio. That is a year of rent divided by what completed homes of that size sold for over the same twelve months. Rent and price both come from the same period, which is why these read lower than yields quoted against an all-time average price. Service charges, agency commission and empty periods are not taken off, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Modelux Tower 1 selling off-plan or as resales?
0% of the 16 home sales recorded in Modelux Tower 1 in the 12 months to 16 Jul 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. That period ends at this project's own newest recorded home sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Modelux Tower 1 start selling?
The Land Department's register holds 114 home sales in Modelux Tower 1. The earliest was recorded in Jul 2017 and the newest in Jul 2026. That is when a home sale here was first recorded. It is not the same as when the project launched or completed: the register of sales carries no build date, so we do not publish one.
Due diligence
Price vs. International City Ph 2 & 3 typical price
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Too few sales for a comparison. Jul 2026: here AED 892/sqft · 2 sales against International City Ph 2 & 3 AED 1,264/sqft · 135 sales.
Developer track record
129 recorded sales
Matched to MODELUX REAL ESTATE DEVELOPMENT L.L.C, Apr 2017 to 29 Jul 2026.
1 completed · 1 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free checks you can run yourself.
Verification guide →Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Handover competition
Low competitionWhen Modelux Tower 1 handed over in September 2017, 1 other project in International City Ph 2 & 3 had a handover date on record within six months either side — a reference point for how crowded that period was. The Land Department's projects file of 15 Jun 2026 lists 23 other projects in International City Ph 2 & 3 as not yet finished. The project listed below is not among them.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Building in this project
Priced from each tower’s own recorded sales, rather than the project’s typical price above.
Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Other projects in International City Ph 2 & 3
Each price is the project’s newest month with 5 or more recorded home sales, from Oct 2025 to 7 Oct 2026. Priced projects first, then the most home sales from Nov 2025 to 7 Oct 2026, then A–Z. Where a project has no month with that many, its newest month with any sale is shown instead, with a red (i) and its count.
Samana Developers
Sep 2026 · 21 home sales
ART OF AMBER REAL ESTATE DEVELOPMENT L.L.C
Sep 2026 · 9 home sales
ANDI REAL ESTATE DEVELOPMENT L.L.C
Sep 2026 · 9 home sales
B N H REAL ESTATE DEVELOPER
Jun 2026 · 10 home sales
NEWBURY REAL ESTATE DEVELOPMENT L.L.C
Sep 2026 · 5 home sales
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Seen a listing for this?
Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.
Buying in Modelux Tower 1?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the typical price here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to look things up in the Land Department's own systems on the day: the agent's licence, the project's escrow, and its registered status.