Project · Transactions · 2021

Modelux Tower 1 Property Transactions 2021

17 property sales worth ⃃ 5.28M were registered in Modelux Tower 1 in 2021, 466.7% higher than 2020 by number of sales. The median sale price was ⃃ 265,000 and the median price per square foot ⃃ 518 (−33.2% on 2020).

Period: 1 Jan – 31 Dec 2021Compared with: 2020Sample: 17 salesUpdated: 18 Oct 2026
Property sales
17
+466.7% vs 2020
1 Jan – 31 Dec 2021
Total value
⃃ 5.28M
+361.3% vs 2020
1 Jan – 31 Dec 2021
Median sale price
⃃ 265,000
−35.4% vs 2020
17 sales
Median price per sq ft
⃃ 518
−33.2% vs 2020
17 sales

What types of property sold in Modelux Tower 1 in 2021?

1 Jan – 31 Dec 2021

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments17100%⃃ 5.28M⃃ 265,000⃃ 518

How were 2021 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)1058.8%⃃ 3.47M⃃ 300,000⃃ 570
Resale (secondary)741.2%⃃ 1.81M⃃ 250,000⃃ 485
Ready17100%⃃ 5.28M⃃ 265,000⃃ 518

How many rental contracts were registered in Modelux Tower 1 in 2021?

24 rental contracts (new and renewed) were registered in Modelux Tower 1 in 2021, at a median annual rent of ⃃ 23,000 (−14.8% on 2020). Rental yields in Modelux Tower 1

What were the most expensive property sales in Modelux Tower 1 in 2021?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
03/03/2021Modelux Tower 11 bed · Apartment1,086 sq ft⃃ 730,000Primary · Ready
20/04/2021Modelux Tower 1Studio · Apartment514 sq ft⃃ 460,000Primary · Ready
10/02/2021Modelux Tower 12 beds · Apartment830 sq ft⃃ 442,000Resale · Ready
10/05/2021Modelux Tower 1Studio · Apartment526 sq ft⃃ 300,000Primary · Ready
10/05/2021Modelux Tower 1Studio · Apartment526 sq ft⃃ 300,000Primary · Ready
10/05/2021Modelux Tower 1Studio · Apartment526 sq ft⃃ 300,000Primary · Ready
15/05/2021Modelux Tower 1Studio · Apartment526 sq ft⃃ 300,000Primary · Ready
10/05/2021Modelux Tower 1Studio · Apartment526 sq ft⃃ 300,000Primary · Ready
09/03/2021Modelux Tower 1Studio · Apartment512 sq ft⃃ 265,000Primary · Ready
28/07/2021Modelux Tower 1Studio · Apartment512 sq ft⃃ 260,000Primary · Ready

What were the last registered sales of 2021?

No transactions on record for this selection.

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2021 with the whole of 2020.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/modelux-tower-1/2021
Modelux Tower 1 Property Transactions 2021. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/modelux-tower-1/2021

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Modelux Tower 1 in 2021?
17 property sales worth ⃃ 5,282,000 were registered in Modelux Tower 1 in 2021. That is 466.7% higher than 2020.
What was the median property price in Modelux Tower 1 in 2021?
The median sale price was ⃃ 265,000 and the median price per square foot ⃃ 518 (1 Jan – 31 Dec 2021).
What share of 2021 sales in Modelux Tower 1 were off-plan or from developers?
Developer (primary) sales were 58.8% of the 17 sales and resales 41.2%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/modelux-tower-1/2021