Modelux Tower 1 Launch Prices
Off-plan in International City Phase 3 · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
32 developer launch sales registered at Modelux Tower 1 between Jul 2017 and Jul 2019: 100% apartments, most commonly studio units, typically around 521 sqft.
Bed mix: Studio 91% · 1-bed 3% · 2-bed 6%.
Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.
Launch Price by Quarter
Median registered launch price per square foot at Modelux Tower 1, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2017 Q3 | 2 | AED 899 |
| 2017 Q4 | 15 | AED 922 |
| 2018 Q1 | 7 | AED 886 |
| 2018 Q2 | 4 | AED 752 |
| 2018 Q3 | 1 | AED 882 |
| 2018 Q4 | 1 | AED 777 |
| 2019 Q3 | 2 | AED 763 |
Launch vs Resale
Modelux Tower 1 also has 77 ready-market resales registered with the DLD, the first on 25 March 2019 - 20 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
Other Off-Plan Projects in International City Phase 3
Off-plan in International City Phase 3
Compare this project with every other off-plan launch registered in International City Phase 3, or see the community's resale market.
All International City Phase 3 projects