Modelux Tower 1

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Modelux
85
Total Units
75
Sold
⃃ 442,000
Median Price
⃃ 790
Median Price /sqft
Construction progress: 100%
Start: Dec, 2015Completion: Aug, 2017

Modelux Tower 1 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio75450 sqft - 630 sqft⃃ 0.5M (920 /sqft)⃃ 1,190 /sqft
-22.7
1 Bed3860 sqft - 1,090 sqft⃃ 1,120 /sqft
0
2 Beds7830 sqft - 950 sqft⃃ 0.8M (900 /sqft)⃃ 1,080 /sqft
-16.52

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Combination: Property price over months
Modelux Tower 1Warsan Fourth
Jan 2018894805
Feb 2018920808
Mar 2018905711
Apr 2018—853
May 2018767972
Jun 2018707663
Jul 2018881848
Aug 2018—655
Sep 2018—725
Oct 2018—680
Nov 2018777743
Dec 2018—600
Jan 2019—704
Feb 2019893744
Mar 2019851661
Apr 2019695582
May 2019—559
Jun 2019—624
Jul 2019758645
Aug 2019564685
Sep 2019—525
Oct 2019—585
Nov 2019—650
Dec 2019563622
Jan 2020—599
Feb 2020775706
Mar 2020—718
Jun 2020—482
Jul 2020—395
Aug 2020—464
Sep 2020—514
Oct 2020—579
Nov 2020—510
Dec 2020—687
Jan 2021—479
Feb 2021458391
Mar 2021595526
Apr 2021661636
May 2021570570
Jun 2021—644
Jul 2021508480
Aug 2021—490
Sep 2021—522
Oct 2021—733
Nov 2021495594
Dec 2021487621
Jan 2022—681
Feb 2022530624
Mar 2022—638
Apr 2022—775
May 2022—750
Jun 2022—588
Jul 2022—450
Aug 2022495478
Sep 2022557515
Oct 2022—530
Nov 2022539410
Dec 2022—410
Jan 2023536410
Feb 2023562651
Mar 2023548597
Apr 2023—803
May 2023—794
Jun 2023—670
Jul 2023—571
Aug 2023760760
Sep 2023783766
Oct 2023—784
Nov 2023—745
Dec 2023684681
Jan 2024—801
Feb 2024684748
Mar 2024—754
Apr 2024637832
May 2024—848
Jun 2024755786
Jul 2024—846
Aug 2024—756
Sep 2024—682
Oct 2024779830
Nov 2024—888
Dec 2024724827
Jan 2025—823
Feb 20259461.1K
Mar 2025799993
Apr 2025—1.0K
May 2025878958
Jun 2025—796
Jul 2025—1.0K
Aug 20258411.0K
Sep 20258771.1K
Oct 20258811.0K
Nov 20259131.1K
Dec 20259321.1K
Jan 2026—1.1K
Feb 20269771.1K
Mar 2026—1.2K
Apr 20268521.2K
May 20269341.0K
Jun 20268641.2K
Jul 20268921.3K
Aug 2026—1.2K
Sep 2026—1.2K
Oct 2026—1.2K

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
StudioApartment1522 sqft5.97 sqft
StudioApartment3512 sqft5.55 sqft
2Apartment4830 sqft8.01 sqft
StudioApartment4497 sqft4.57 sqft
StudioApartment4512 sqft5.55 sqft
StudioApartment4505 sqft4.63 sqft
StudioApartment5523 sqft8.19 sqft
StudioApartment5512 sqft5.55 sqft
StudioApartment—575 sqft10.98 sqft
StudioApartment—575 sqft10.97 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
2Apartment830 sqft7.93 sqft⃃ 442,000⃃ 533 /sqft10, Feb 2021
StudioApartment497 sqft4.57 sqft⃃ 500,000⃃ 1,006 /sqft03, Feb 2026
StudioApartment505 sqft4.65 sqft⃃ 499,000⃃ 988 /sqft10, Dec 2017
StudioApartment526 sqft6.03 sqft⃃ 490,000⃃ 932 /sqft10, Dec 2025
StudioApartment512 sqft5.62 sqft⃃ 465,000⃃ 908 /sqft10, Dec 2017
StudioApartment521 sqft5.97 sqft⃃ 450,000⃃ 864 /sqft26, Feb 2018
StudioApartment522 sqft5.97 sqft⃃ 445,000⃃ 852 /sqft30, Apr 2026
StudioApartment528 sqft7.9 sqft⃃ 360,000⃃ 682 /sqft29, Feb 2024
StudioApartment523 sqft8.17 sqft⃃ 275,000⃃ 526 /sqft11, Feb 2020
StudioApartment449 sqft0 sqft⃃ 260,000⃃ 579 /sqft19, Dec 2019
StudioApartment515 sqft4.93 sqft⃃ 250,000⃃ 485 /sqft26, Dec 2021
StudioApartment511 sqft5.57 sqft⃃ 250,000⃃ 489 /sqft26, Dec 2021
StudioApartment515 sqft4.99 sqft⃃ 220,000⃃ 427 /sqft11, Apr 2021
StudioApartment449 sqft0 sqft⃃ 200,000⃃ 445 /sqft23, May 2021
2Apartment830 sqft8.01 sqft⃃ 425,000⃃ 512 /sqft25, Aug 2022

Modelux Tower 1 Real Estate Data – FAQ

  • What is the current property supply in Modelux Tower 1?

    Modelux Tower 1 has a total residential supply of approximately 16 units. This represents completed and available inventory within the area.

  • How active is the real estate market in Modelux Tower 1?

    Modelux Tower 1 recorded 12 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

  • What is the average price /sqft in Modelux Tower 1?

    The median transaction price in Modelux Tower 1 is ⃃ 920 /sqft , based on actual recorded sales transactions, not listing prices.

  • What rental yield can investors expect in Modelux Tower 1?

    The gross rental yield in Modelux Tower 1 is approximately 9%, calculated using median rental income divided by median sale prices for comparable properties.

  • How much have property prices increased in Modelux Tower 1?

    Property prices in Modelux Tower 1 have shown a capital appreciation of 10.79% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

  • How many off-plan projects are currently in Modelux Tower 1?

    There are currently 0 active off-plan projects in Modelux Tower 1, reflecting strong developer activity and future supply pipeline.

  • What is the future supply pipeline in Modelux Tower 1?

    The total off-plan pipeline in Modelux Tower 1 includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

  • Is Modelux Tower 1 a good area for property investment?

    Modelux Tower 1 is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around 9%, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Modelux Tower 1, this is 9%, indicating relatively strong income performance compared to global markets.