Market bulletin · Thu, 22 Oct 2026
Modelux Tower 1: no sales registered in the last three months
No sales were registered for Modelux Tower 1 in the three months to Thu, 22 Oct 2026. Figures below cover the last 12 months and the monthly history.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | AED 680 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 0 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 1 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 1 |
| Jan 26 | 0 | 0 | 0 |
| Dec 25 | 0 | 0 | 1 |
| Nov 25 | 0 | 0 | 3 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 0 | — | AED 0 | — | — |
| Last 3 months | 0 | — | AED 0 | — | — |
| Last 6 months | 2 | down 60.0% | AED 933K | — | — |
| Last 12 months | 7 | down 58.8% | AED 3.40M | 932 | up 27.8% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 7 | 100% | AED 480K | 932 | up 27.8% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 7 | 100% | AED 480K | 932 | up 29.4% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 7 | 100% | AED 480K | 932 | up 27.8% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
- Leases (12M)
- 49
- New leases
- 73.5%
- Median rent 3M
- AED 40K
- Rent/sqft 3M
- AED 76
| Studio apartments | AED 41K / AED 480K | 8.5% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 33 | AED 41K | AED 42K | 78 |
Competing projects in International City Phase 2 & 3
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Greenfield by SamanaSamana Developers | 201 | 1,432 | up 4.5% |
| Zenith by AmberAmber Developments LLC - Art of Amber Real Estate Development | 70 | 1,093 | — |
| Equiti TowerB N H Real Estate Developer | 60 | 1,080 | — |
| Chapter 01 by NewburyNewbury Real Estate Development | 52 | 1,150 | — |
| Nest ResidenceAndi Real Estate Development | 50 | 1,018 | — |
| 08 Life ResidencesDeniz Real Estate Development | 30 | 1,022 | — |
| Elevia ResidencesValores Property Development | 48 | 1,296 | — |
| HZ Residences 5Private Investor | 29 | 879 | — |
| Glorious Central ResidencesGlorious Future Real Estate Development | 27 | 1,286 | — |
| Bond BuildingPrivate Investor | 101 | 853 | — |
Biggest sales, last 3 months
No sales in this window.
Questions about Modelux Tower 1
How many properties were sold in Modelux Tower 1 in the last year?
7 sales worth AED 3.40M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Modelux Tower 1?
The median annual rent on leases registered in the last three months was AED 40K, and the best gross rental yield is about 8.5%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
BT AI Market Desk
Get every brief in your inbox
Create a free BT AI account to receive the daily, weekly and monthly reports by email, and search every Dubai Land Department sale and rental behind them.