Modelux Tower 1
What people actually paid in Modelux Tower 1: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.
111 sales are on record at the Dubai Land Department, below.
McCone Properties
Managing Partner
Buying 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
Recorded rents and gross yield for Modelux Tower 1 →
Living in Al Warsan — the area guide →
What a mortgage on a home in Modelux Tower 1 costs a month — and the cash you need on the day →
The recorded market
Price per square foot, by year
The median of every sale registered at the Dubai Land Department here. Not asking prices.
The low was 2021 at AED 513 a square foot, and it has recovered 80% since.
What sells here
By size
Registered sales in the last three years. Sizes are the registered floor area.
| Layout | Typical size | Median price | Mean price | Per sq ft | Sales |
|---|---|---|---|---|---|
| Studio | 521 sqft | 442,500 | 426,200 | 808 | 30 |
Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.
Every sale, as registered
Recent sales in Modelux Tower 1
The last transfers recorded at the Dubai Land Department, newest first.
| Date | Layout | Size | Price | Per sq ft |
|---|---|---|---|---|
| 16 Jul 2026 | Studio | 526 | 453,000 | 861 |
| 15 Jul 2026 | Studio | 526 | 485,000 | 922 |
| 10 Jun 2026 | Studio | 521 | 450,000 | 863 |
| 18 May 2026 | Studio | 514 | 480,000 | 933 |
| 30 Apr 2026 | Studio | 522 | 445,000 | 853 |
| 16 Feb 2026 | Studio | 512 | 485,000 | 948 |
| 3 Feb 2026 | Studio | 497 | 500,000 | 1,006 |
| 10 Dec 2025 | Studio | 526 | 490,000 | 932 |
| 11 Nov 2025 | Studio | 526 | 480,000 | 913 |
| 7 Nov 2025 | Studio | 580 | 465,000 | 802 |
| 20 Oct 2025 | 2 B/R | 946 | 850,000 | 899 |
| 9 Oct 2025 | Studio | 577 | 470,000 | 814 |
How often it trades
Sales per year
Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale
Of the 111 sales on record, 32 were bought off-plan from the developer and 79 were resales of a finished home. The changeover in 2019 is the handover. The 2026 bar is part-year.
Where the market is moving
The busiest buildings in Al Warsan
Modelux Tower 1 sold 0 completed homes in the ninety days to 19 Oct 2026, below the five-sale floor to rank. These are the five busiest buildings in Al Warsan.
| Rank | Building | Sales, 90 days | Against its usual pace |
|---|---|---|---|
| 1 | HZ Residences 5 | 16 | New to resale |
| 2 | Silver Park Residency | 10 | 4.0× |
| 3 | Olimpico Residences | 7 | 1.8× |
Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Al Warsan, with pace against each building’s own year before.
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.
Buying in Modelux Tower 1? The cost of buying, the title deed, the service charges and buying as a foreigner, explained.