Building · Al Warsan

Properties for rent in Modelux Tower 1

Nothing for rent here with McCone right now — 39 tenancies naming Modelux Tower 1 were registered in the last twelve months, below.

Every recorded sale in Modelux Tower 1 — prices, sizes and the year it was handed over

Recorded rent per sq ft
AED 79
a year · 39 contracts here, 12 months
Gross yield
9.9%
Studio · its own rents over its own sale prices
Recorded sale price
AED 890
per sq ft · 111 sales on record
Handed over
2019
Derived from the register

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.

LayoutTypical sizeMedian rentPer sq ft / yearContracts
Studio522 sqft42,0008036

Layouts with fewer than five contracts in the year are left out. 103 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 →

LayoutMedian rentNew leaseRenewalPer sq ft / yearContracts
Studio37,40040,00034,000882,869
1 B/R49,00057,00044,300645,424
2 B/R62,00072,00058,000541,135
3 B/R90,000102,50080,0004560

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.

LayoutRent / sq ft / yearRent fromSale / sq ftGross yield
Studio80This building · 368029.9%

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.

StartLayoutSizeAnnual rentType
1 Sept 2026Studio58040,000New lease
23 Aug 2026Studio52341,000New lease
17 Aug 2026Studio52228,000Renewal
10 Aug 20262 B/R94672,000New lease
8 Aug 2026Studio51540,000New lease
27 Jul 2026Studio44930,000New lease
20 Jul 2026Studio52245,000Renewal
10 Jul 2026Studio52942,000New lease
4 Jul 2026Studio52641,000New lease
22 Jun 2026Studio52642,000Renewal
15 Jun 2026Studio50540,000New lease
14 Jun 2026Studio51243,000New lease

How often it lets

Contracts per year

New tenancies and renewals naming Modelux Tower 1, stacked.New leaseRenewal

14
30
30
29
2023202420252026

29 contracts in 2026 so far. The 2026 bar is part-year.

Where these numbers come from. Every rent on this page is a tenancy contract registered with Ejari, the Dubai Land Department’s rental register, read directly from the Dubai Data Exchange. It is what tenants actually agreed to pay — not asking rents, not our own estimates. Homes only: offices, shops, labour accommodation and whole-building leases are excluded, as are contracts covering several properties at one price and the register’s own typing errors. The register records the area a home sits in and, on about a quarter of contracts, the project — never the building on its own — so a community’s figures are its DLD area’s, and a building’s are its own only where the register names it. Medians are used rather than averages so one unusual contract cannot move the number. Data through 4 Sept 2026.

We are not marketing anything in Modelux Tower 1 today, but we know it and we hear about homes before they list. Tell us what you are after.