Modelux Tower 1
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Ask ClaudeModelux Tower 1 is a completed development by MODELUX REAL ESTATE DEVELOPMENT L.L.C in Al Warsan, comprising 85 registered units. 111 sales are registered with the Dubai Land Department, at a current PIX© price of AED 885 per sqft. At AED 885 per sqft, Modelux Tower 1 prices 7% below the Al Warsan median of AED 953 per sqft on registered sales.
PIX© Unit History
Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.
2 Bed on Floor 6, Modelux Tower 1
- Size
- Record
- Apr 2019 to Aug 2026
- Owners
- 4
- Tenants
- 7
- Price change
- Yield on cost
| Party | Date | Price / RentAED | PSF | vs prior | Held | Note |
|---|---|---|---|---|---|---|
| 7Tenant 7 | 10 Aug 2026 | Owner 4 | ||||
| 4Owner 4 | 20 Oct 2025 | 11 mo | Current owner Sold with tenant in place Mortgage | |||
| 3Owner 3 | 10 Sep 2025 | 40 d | Sold with tenant in place | |||
| 6Tenant 6 | 17 May 2025 | 12 mo | Owner 2 | |||
| 5Tenant 5 | 8 Apr 2024 | 12 mo | Owner 2 | |||
| 4Tenant 4 | 10 Apr 2023 | 12 mo | Owner 2 | |||
| 2Owner 2 | 16 Mar 2023 | 2.5 yrs | ||||
| Owner 1 · Undisclosed | — | Acquisition date and price not on record | ||||
| 3Tenant 3 | 5 Dec 2021 | 12 mo | Owner not on record | |||
| 2Tenant 2 | 18 Aug 2019 | 2.3 yrs | Owner not on record | |||
| 1Tenant 1 | 17 Apr 2019 | 4 mo | Ended early Owner not on record |
Your nightly rate and occupancy, against this unit’s registered record.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 449 - 1,086 sqft | 85 | 504K | 885 | ↑6.1% | 43K | 8.5% | |
Studio · Apartment 449 - 625 sqft | 75 | ||||||
1 Bed · Apartment 863 - 1,086 sqft | 3 | - | - | - | - | - | |
2 Bed · Apartment 830 - 946 sqft | 7 | - |
| Date | Unit No. | Beds | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|---|
| 16 Jul 2026 | Studio | Modelux Tower 1 · Floor 4 | 526 | 453,000 | 861 | +13.3% | Entry Level | Standard Sale | |
| 15 Jul 2026 | Studio | Modelux Tower 1 · Floor 5 | 526 | 485,000 | 922 | +21.3% | Standard | Standard Sale | |
| 10 Jun 2026 | Studio | Modelux Tower 1 · Floor 5 | 521 | 450,000 | 863 | +20.0% | Standard | Standard Sale |
| Start Date | Unit No. | Beds | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|---|
| 15 Sep 2026 | Studio | Modelux Tower 1 · Floor 2 | 521 | 39,000 | 75 | - | Entry Level | CONTRACT | |
| 5 Sep 2026 | Studio | Modelux Tower 1 · Floor 5 | 522 | 40,000 | 77 | - | Entry Level | CONTRACT | |
| 5 Sep 2026 | Studio | Modelux Tower 1 · Floor 5 | 522 | 40,000 | 77 | - | Entry Level | CONTRACT |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Al Warsan
The closest-priced registered projects in Al Warsan.
- Park Ville 07AED 866/sqft
- Al Jawzaa AAED 905/sqft
- Ritz ResidencesAED 831/sqft
- Al JawzaaAED 953/sqft
- Al Jawzaa BAED 1,026/sqft
- Equiti ApartmentsAED 731/sqft
Common questions about Modelux Tower 1
Answered from Dubai Land Department registered transactions.
How much does a property in Modelux Tower 1 cost?
Property in Modelux Tower 1 sells at a current PIX© price of AED 885 per sqft, or about AED 503,861 for a typical unit, based on 111 sales registered with the Dubai Land Department.
Is Modelux Tower 1 completed?
Yes. Modelux Tower 1 is recorded as completed in the Dubai Land Department project register.
Who is the developer of Modelux Tower 1?
Modelux Tower 1 is developed by MODELUX REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Modelux Tower 1?
Modelux Tower 1 yields 8.5% gross, calculated from current PIX© rent against current PIX© sale price, across 252 registered Ejari contracts.
How many units are in Modelux Tower 1?
Modelux Tower 1 holds 85 registered units, per the Dubai Land Department unit register.
Have prices in Modelux Tower 1 gone up or down?
Price per sqft has risen +6.1% over the last 12 months, to AED 885, across 111 registered sales.