PropertyIndex

MODELUX REAL ESTATE DEVELOPMENT L.L.C

Developer in Dubai · 2 projects across 1 community

MODELUX REAL ESTATE DEVELOPMENT L.L.C is a Dubai property developer with 2 registered projects comprising 263 units. 29 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,042 per sqft. At AED 1,042 per sqft, MODELUX REAL ESTATE DEVELOPMENT L.L.C prices 46% below the Dubai market average of AED 1,921 per sqft on registered sales.

Projects
2
1 completed · 1 in progress
Inventory
263units
175 completed · 88 in progress
Communities
1
across Dubai
PIX© PSF
1,042AED/sqft
20.6% YoY
Gross yield
10.3%
PIX© rent ÷ PIX© price
Sale records
29
DLD · L12M · 15.47M AED
Rent contracts
29
Ejari · L12M

Delivery track record

Handovers completed and the forward pipeline, by expected completion year, from DLD project registrations.

Delivered
1 project
175 units
In pipeline
1 project
88 units
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
Delivered unitsPipeline unitsRegistered inventory by completion year · n/d = no date on record

Portfolio

Every MODELUX REAL ESTATE DEVELOPMENT L.L.C project. PIX© PSF-priced projects appear first; projects without a current price follow. Select a marker or number for the snapshot.

Map of comparable projects in this portfolio
CompletedIn progressSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 2
Vio Residences
MODELUX REAL ESTATE DEVELOPMENT L.L.CUnder Construction
PIX© PSF
Trend
Typical price
Yield
Units
88
Sales · L12M
13
Rents · L12M
-
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Vio Residences
MODELUX REAL ESTATE DEVELOPMENT L.L.C · Under Construction
8813-
Modelux Tower 1
MODELUX REAL ESTATE DEVELOPMENT L.L.C · Completed
1751629
Sales and rents are last-12-month DLD/Ejari records.

Common questions about MODELUX REAL ESTATE DEVELOPMENT L.L.C

Answered from Dubai Land Department registered transactions.

How much does a MODELUX REAL ESTATE DEVELOPMENT L.L.C property cost?

MODELUX REAL ESTATE DEVELOPMENT L.L.C prices at AED 1,042 per sqft on current PIX© values, based on 29 sales registered with the Dubai Land Department in the last 12 months.

What rental yield do MODELUX REAL ESTATE DEVELOPMENT L.L.C properties achieve?

MODELUX REAL ESTATE DEVELOPMENT L.L.C yields 10.3% gross, calculated from current PIX© rents against current PIX© sale prices across 29 registered Ejari contracts.

How many projects does MODELUX REAL ESTATE DEVELOPMENT L.L.C have in Dubai?

MODELUX REAL ESTATE DEVELOPMENT L.L.C holds 2 registered projects comprising 263 units, per the Dubai Land Department project register.

Where does MODELUX REAL ESTATE DEVELOPMENT L.L.C build in Dubai?

MODELUX REAL ESTATE DEVELOPMENT L.L.C has registered projects in International City Phase 3, per the Dubai Land Department project register.

Have MODELUX REAL ESTATE DEVELOPMENT L.L.C prices gone up or down?

Prices across MODELUX REAL ESTATE DEVELOPMENT L.L.C's portfolio have risen +20.6% over the last 12 months, to AED 1,042 per sqft, across 29 registered sales.

Is MODELUX REAL ESTATE DEVELOPMENT L.L.C expensive compared to the Dubai market?

At AED 1,042 per sqft, MODELUX REAL ESTATE DEVELOPMENT L.L.C prices 46% below the Dubai market average of AED 1,921 per sqft on registered sales.