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MODELUX TOWER 1

by MODELUX REAL ESTATE DEVELOPMENT L.L.C·INTERNATIONAL CITYResidentialFreehold

Development & Handover Profile

✓ Handover Complete
Construction Progress100.0%
Project Start
Dec 15, 2014
Expected Handover
Sep 4, 2017
Total Units
85
Avg Unit Size
562 sqft
Freehold Ratio
100%
Escrow Agent
Dubai Islamic Bank PJSC
Median Price
AED 480K
PSF
AED 922/sqft
Sales 12M
7
vs Area
+6.7%
Asset Turnover
ⓘ
8.2%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
85
Avg Unit Size
562 sqft
1BR
3.5%
2BR
8.2%
Studio
88.2%

Room Configuration

Unit TypeCountShare
Studio7588.2%
2BR78.2%
1BR33.5%

Price & Volume Trend

Unit Liquidity Matrix

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit TypeInventory ShareSales Share (12M)Demand IndexStatus
Studio88.2%
75 units
86.7%
13 sold
0.98✓ BALANCED
2BR8.2%
7 units
13.3%
2 sold
1.62⚠️ STAGNANT
1BR3.5%
3 units
0.0%
0 sold
—⚠️ STAGNANT

Recent Transactions

DateAreaProjectRoomsPricePSFStatusOwnership
16 Jul 2026
INTERNATIONAL CITYStudioAED 453KAED 861/sqftReadyFreehold
15 Jul 2026
INTERNATIONAL CITYStudioAED 485KAED 922/sqftReadyFreehold
10 Jun 2026
INTERNATIONAL CITYStudioAED 450KAED 863/sqftReadyFreehold
18 May 2026
INTERNATIONAL CITYStudioAED 480KAED 933/sqftReadyFreehold
30 Apr 2026
INTERNATIONAL CITYStudioAED 445KAED 853/sqftReadyFreehold
14 Feb 2026
Published 16 Feb 2026
INTERNATIONAL CITYStudioAED 485KAED 948/sqftReadyFreehold
3 Feb 2026
INTERNATIONAL CITYStudioAED 500KAED 1,006/sqftReadyFreehold
10 Dec 2025
INTERNATIONAL CITYStudioAED 490KAED 932/sqftReadyFreehold
11 Nov 2025
INTERNATIONAL CITYStudioAED 480KAED 913/sqftReadyFreehold
7 Nov 2025
INTERNATIONAL CITYStudioAED 550KAED 1,053/sqftReadyFreehold
7 Nov 2025
INTERNATIONAL CITYStudioAED 465KAED 802/sqftReadyFreehold
20 Oct 2025
INTERNATIONAL CITY2BRAED 850KAED 899/sqftReadyFreehold
9 Oct 2025
INTERNATIONAL CITYStudioAED 470KAED 814/sqftReadyFreehold
2 Oct 2025
INTERNATIONAL CITYStudioAED 460KAED 882/sqftReadyFreehold
10 Sep 2025
INTERNATIONAL CITY2BRAED 830KAED 877/sqftReadyFreehold
8 Aug 2025
INTERNATIONAL CITYStudioAED 440KAED 842/sqftReadyFreehold
20 May 2025
INTERNATIONAL CITYStudioAED 460KAED 875/sqftReadyFreehold
13 May 2025
INTERNATIONAL CITYStudioAED 460KAED 882/sqftReadyFreehold
24 Mar 2025
INTERNATIONAL CITYStudioAED 418KAED 800/sqftReadyFreehold
20 Feb 2025
INTERNATIONAL CITYStudioAED 470KAED 946/sqftReadyFreehold
10 Dec 2024
INTERNATIONAL CITYStudioAED 375KAED 729/sqftReadyFreehold
10 Dec 2024
INTERNATIONAL CITYStudioAED 375KAED 720/sqftReadyFreehold
28 Oct 2024
INTERNATIONAL CITYStudioAED 398KAED 774/sqftReadyFreehold
21 Oct 2024
INTERNATIONAL CITYStudioAED 405KAED 792/sqftReadyFreehold
7 Oct 2024
INTERNATIONAL CITYStudioAED 400KAED 777/sqftReadyFreehold
7 Oct 2024
INTERNATIONAL CITYStudioAED 400KAED 782/sqftReadyFreehold
27 Jun 2024
INTERNATIONAL CITYStudioAED 400KAED 782/sqftReadyFreehold
6 Jun 2024
INTERNATIONAL CITYStudioAED 385KAED 728/sqftReadyFreehold
5 Apr 2024
INTERNATIONAL CITYStudioAED 390KAED 737/sqftReadyFreehold
5 Apr 2024
INTERNATIONAL CITY2BRAED 500KAED 537/sqftReadyFreehold
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