MODELUX TOWER 1
ReadyCommunityInternational City Phase 3
AreaWarsan Fourth
Started
11 years 1 month ago15-12-2014
Handover
8 years 4 months ago04-09-2017
Status
CompleteFinished
Project Description
PROPOSED B+G+6+ROOF FLOORS, RESIDENTIAL AT WARSAN FOURTH, DUBAI. BUILDING CONSIST OF CONCRETE STRUCTURE WITH INTERNAL AND EXTERNAL FINISHES
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Rising+4%
GrowthCurrent:AED 913/sqft
Last 12M:AED 879/sqft
Momentum: Last 12Mvs Prior Year
Rising+22%
GrowthLast 12M:AED 879/sqft
Prior Year:AED 720/sqft
Community Compare: Last 90DInternational City Phase 3
Discount-19%
Below AvgProject:AED 913/sqft
Community:AED 1,130/sqft
Liquidity: Last 12MExit Speed
Moderate13%Turnover
11Sold (Last 12M)
Supply & Demand Matrix
MODELUX TOWER 1 averaged 13% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
75 units
9 sold66 left
12%
Velocity
1 Bedroom
3 units
0 sold3 left
0%
Velocity
2 Bedrooms
7 units
2 sold5 left
29%
Velocity
Layouts & Units (85)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 10 units | Type Flat | Beds Studio | Size 523 sqft | Avg Price AED 368K | Last Price AED 490K | Last Sold about 1 month ago | Sales 16 |
Units G04 | Type Flat | Beds Studio | Size 580 sqft | Avg Price AED 465K | Last Price AED 465K | Last Sold 3 months ago | Sales 1 |
Units 605 | Type Flat | Beds 2 B/R | Size 946 sqft | Avg Price AED 727K | Last Price AED 850K | Last Sold 3 months ago | Sales 3 |
Units 3 units | Type Flat | Beds Studio | Size 577 sqft | Avg Price AED 470K | Last Price AED 470K | Last Sold 4 months ago | Sales 1 |
Units 15 units | Type Flat | Beds Studio | Size 521 sqft | Avg Price AED 353K | Last Price AED 460K | Last Sold 4 months ago | Sales 8 |
Units 5 units | Type Flat | Beds Studio | Size 497 sqft | Avg Price AED 368K | Last Price AED 470K | Last Sold 11 months ago | Sales 3 |
Units 10 units | Type Flat | Beds Studio | Size 515 sqft | Avg Price AED 345K | Last Price AED 375K | Last Sold about 1 year ago | Sales 8 |
Units 18 units | Type Flat | Beds Studio | Size 512 sqft | Avg Price AED 322K | Last Price AED 405K | Last Sold over 1 year ago | Sales 13 |
Units 5 units | Type Flat | Beds Studio | Size 529 sqft | Avg Price AED 346K | Last Price AED 385K | Last Sold over 1 year ago | Sales 7 |
Units 601 | Type Flat | Beds 2 B/R | Size 931 sqft | Avg Price AED 500K | Last Price AED 500K | Last Sold almost 2 years ago | Sales 1 |
Units 603 | Type Flat | Beds 1 B/R | Size 863 sqft | Avg Price AED 590K | Last Price AED 590K | Last Sold almost 2 years ago | Sales 1 |
Units 5 units | Type Flat | Beds 2 B/R | Size 830 sqft | Avg Price AED 431K | Last Price AED 438K | Last Sold over 3 years ago | Sales 2 |
Units 5 units | Type Flat | Beds Studio | Size 505 sqft | Avg Price AED 340K | Last Price AED 250K | Last Sold about 4 years ago | Sales 2 |
Units 2 units | Type Flat | Beds Studio | Size 449 sqft | Avg Price AED 247K | Last Price AED 200K | Last Sold over 4 years ago | Sales 3 |
Units 602 | Type Flat | Beds 1 B/R | Size 1,086 sqft | Avg Price AED 730K | Last Price AED 730K | Last Sold almost 5 years ago | Sales 1 |
Units 604 | Type Flat | Beds 1 B/R | Size 932 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units G05 | Type Flat | Beds Studio | Size 625 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
17 unique layouts covering 85 units