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Phoenix Tower

A studio in Phoenix Tower costs a median AED 495,000 and rents long-let for AED 33,000/yr (6.67% gross) — -2.7 pts vs Dubailand Residence Complex's 9.38% and -0.3 pts vs Dubai's 6.97% — from 4 sales and 28 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · Studio
4 in 12 months
Rental contracts · Studio
9 in 12 months
Buy
495,000AED
AED 902/sqft
Long-let
6.67%
AED 33,000/yr

Priced off 3 sales in the last 3 months.

Yield spread
-2.7 pts
vs the Dubailand Residence Complex median for this unit type
Turnover upside
+10.0%
new tenants pay more than sitting ones — 80 renewals
AED/yr/sqft
AED 60
Sales
4
Rental contracts
28
Renewal rent
AED 30,000/yr
5 years
+147.5%+19.9%/yr

Based on 4 sales and 28 rental contracts in the last 24 months. Thin sample — treat these figures as indicative.

Phoenix Tower is an apartment building in Dubailand Residence Complex, Dubai. The nearest landmark IMG World Adventures. Land Department records for it run from 2015 to 2026, 206 registered sales in all — the 4 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 495,0009026.67%
-2.7 pts
4
1 bedAED 332,11043213.64%
+5.3 pts
1
2 bedAED 1.04M8287.73%
+0.0 pts
2

Deltas compare each yield with the Dubailand Residence Complex median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Off-plan vs resale

Units sold off-plan in Phoenix Tower between 2009 and 2009 went for a median of AED 702/sqft (AED 401,650). The same building resells today at AED 902/sqft (AED 495,000) — an uplift of +23.2%.

Based on 10 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

7 resales in the last 12 months, against 2 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
21 Jul 2026Studio549AED 495,000902
21 Jul 2026Studio546AED 495,000907
16 Jul 2026Studio549AED 495,000902
13 Jul 20262 bed1,254AED 1,200,000957
9 Jul 20262 bed1,254AED 875,000698

5 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
15 Sept 20262 bed1,254AED 60,00048Renewal
27 Aug 2026Studio549AED 30,40055Renewal
25 Aug 2026Studio546AED 34,00062Renewal
16 Aug 2026Studio549AED 29,80054Renewal
5 Aug 2026Studio549AED 29,80054Renewal
25 Jul 20262 bed1,149AED 60,00052New
23 Jul 2026Studio549AED 29,00053Renewal
20 Jul 2026Studio546AED 35,00064Renewal
18 Jul 2026Studio546AED 35,00064New
10 Jul 20261 bed817AED 45,00055Renewal
10 Jul 20262 bed1,149AED 60,00052New
2 Jul 20262 bed1,254AED 62,00049Renewal
2 Jul 2026Studio549AED 29,80054Renewal
25 Jun 2026Studio546AED 28,35052Renewal
20 Jun 2026Studio546AED 34,00062Renewal
10 Jun 2026Studio549AED 38,00069New
2 Jun 2026Studio549AED 32,02558Renewal
1 Jun 20261 bed769AED 40,42553New
30 May 20261 bed817AED 39,90049Renewal

19 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
8
Flats
112

Nearby

Landmark
IMG World Adventures

Compare with nearby buildings

The most-traded buildings in Dubailand Residence Complex, on the same figures over the same window.

Common questions

What is the rental yield in Phoenix Tower?
Phoenix Tower returns 6.67% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 28 rental contracts registered in the last 24 months.
How much does a studio in Phoenix Tower cost?
The median registered sale price is AED 495,000 (902 AED/sqft), from 4 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
How does Phoenix Tower compare with Dubailand Residence Complex?
Its 6.67% gross yield sits -2.7 pts against the Dubailand Residence Complex median of 9.38%, computed at the same bedroom grain over the same 24-month window.
Do new tenants in Phoenix Tower pay more than sitting ones?
A new tenant pays +10.0% against a renewing one, across 80 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.
Did off-plan buyers in Phoenix Tower make money?
Units bought off-plan between 2009 and 2009 later resold +23.2% against their launch median. Only units that actually resold can appear, so this figure skews toward the ones that performed.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Phoenix Tower sale record

Record type
Building-level property market record
Data date
Evidence base
4 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/sale/apartments/dubai/dubailand-residence-complex/phoenix-tower
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Phoenix Tower sale prices and yield.” Dubailand Residence Complex, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/dubailand-residence-complex/phoenix-tower.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.