Modelux Tower 1
What tenants actually pay: the tenancies registered with Ejari, not asking rents. Understand the numbers before you rent.
40 tenancies naming Modelux Tower 1 were registered in the last twelve months, below.
McCone Properties
Managing Partner
Renting in Modelux Tower 1? Our team can walk you through what these numbers mean for you.
- Community
- Al Warsan
- Nearest metro
- Centrepoint Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
- Handed over
- 2019 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
- First on record
- 2017 — an off-plan sale
- Sales on record
- 111 — registered at the Dubai Land Department, the latest July 2026
- Off-plan share
- 29% — 32 bought off-plan from the developer, 79 resales of a completed home
Every recorded sale in Modelux Tower 1 — prices, sizes and the year it was handed over →
Living in Al Warsan — the area guide →
What a home in Modelux Tower 1 returns on its rent — the yield calculator →
Recorded rents
What Modelux Tower 1 rents for, by layout
Tenancies registered with Ejari that name Modelux Tower 1, last twelve months. Annual rents, medians.
| Layout | Typical size | Median rent | Mean rent | Per sq ft / year | Contracts |
|---|---|---|---|---|---|
| Studio | 522 sqft | 42,000 | 42,011 | 79 | 37 |
Layouts with fewer than five contracts in the year are left out. 107 contracts name this building on the register since 2023.
For comparison
Recorded rents in Al Warsan
How Modelux Tower 1 sits against its community. The full Al Warsan rental report →
| Layout | Median rent | Mean rent | New lease | Renewal | Per sq ft / year | Contracts |
|---|---|---|---|---|---|---|
| Studio | 37,800 | 37,289 | 40,000 | 34,000 | 88 | 2,807 |
| 1 B/R | 50,000 | 50,329 | 56,000 | 45,000 | 65 | 5,423 |
| 2 B/R | 62,000 | 64,867 | 72,000 | 58,161 | 55 | 1,072 |
| 3 B/R | 88,000 | 91,389 | 100,000 | 78,750 | 44 | 60 |
Rent against price
Gross yield in Modelux Tower 1
This building's own recorded rent per square foot a year over its own recorded resale price per square foot, layout by layout.
| Layout | Rent / sq ft / year | Rent from | Sale / sq ft | Gross yield |
|---|---|---|---|---|
| Studio | 79 | This building · 37 | 808 | 9.8% |
Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.
Every tenancy, as registered
Recent contracts in Modelux Tower 1
The latest tenancies registered with Ejari naming this building, newest first.
| Start | Layout | Size | Annual rent | Type |
|---|---|---|---|---|
| 1 Oct 2026 | Studio | 515 | 60,000 | New lease |
| 30 Sept 2026 | Studio | 522 | 40,000 | New lease |
| 15 Sept 2026 | Studio | 521 | 39,000 | New lease |
| 5 Sept 2026 | Studio | 522 | 40,000 | New lease |
| 1 Sept 2026 | Studio | 580 | 40,000 | New lease |
| 23 Aug 2026 | Studio | 523 | 41,000 | New lease |
| 17 Aug 2026 | Studio | 522 | 28,000 | Renewal |
| 10 Aug 2026 | 2 B/R | 946 | 72,000 | New lease |
| 8 Aug 2026 | Studio | 515 | 40,000 | New lease |
| 27 Jul 2026 | Studio | 449 | 30,000 | New lease |
| 20 Jul 2026 | Studio | 522 | 45,000 | Renewal |
| 10 Jul 2026 | Studio | 529 | 42,000 | New lease |
How often it lets
Contracts per year
New tenancies and renewals naming Modelux Tower 1, stacked.New leaseRenewal
33 contracts in 2026 so far. The 2026 bar is part-year.
Nearby
What else to look at in Al Warsan
The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| Greenfield by Samana Developersnewest | 296 | 2026 | 1,415 |
| Bondnewest | 101 | 2026 | 853 |
| Mayflower Residences | 99 | 2024 | 804 |
| Al Helal Al Zahaby Building 3 | 91 | 2023 | 793 |
| Olimpico Residences | 128 | 2024 | 769 |
| Rokane G24 | 97 | 2023 | 765 |
| Easy18 | 134 | 2018 | 719 |
| Al Jawzaa B | 169 | 2011 | 703 |
| Al Jawzaa A | 168 | 2011 | 701 |
| Al Helal Al Zahaby Building 2 | 115 | 2017 | 701 |
Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.
Moving into Modelux Tower 1? Ejari, the DEWA move-in and your Makani number, explained.