Phoenix Tower
- Completed 2009
- 112 units
- 8 floors
A studio in Phoenix Tower costs a median AED 455,000 and rents long-let for AED 36,000/yr (7.9% gross).
Studio · typical price
455,000AED
AED 831/sqft
- Rent a year
- AED 36,000
- Yield after service charge
- 6.0%
- vs Dubailand Residence Complex
- 44% below the median
Cost to buy, all inAED 484,855
- Price
- AED 455,000
- DLD fee 4%
- AED 18,200
- Agent 2% + VAT
- AED 9,555
- Trustee
- AED 2,100
Fees repaid by net rent13 months
Is Phoenix Tower a good investment?Pays above the Dubai median, easy to let, rents rising and easy to sell; lots of new supply is coming
- Does it pay a good rent?7.9% gross, 6.0% after the service charge (Dubai median 6.8%)7.9%Strength
- Is it easy to let?72% of units signed a yearly lease in 12 months; the typical Dubailand Residence Complex building manages 2%72%Strength
Dubailand Residence Complex median 2% · top tenth from 54%Phoenix Tower · 72% Across 73 Dubailand Residence Complex buildings with 40 or more units, the median signed annual leases on 2% of units in 12 months and the top tenth on 54% or more; Phoenix Tower is at 72%.
- Are rents going up?New studio leases: AED 33,000 a year ago, AED 36,000 now+9.1%Strength
- How fast do fees pay back?AED 29,855 in fees to buy a studio; net rent covers it in 1.1 years1.1 yrsFair
- Can I sell easily?17 sales in 12 months, 15% of the tower (0 the year before)17Strength
- Is a lot being built nearby?14,309 apartments are planned in Dubailand Residence Complex from 2026 to 2028, equal to 190% of the 7,534 homes let there today. A further 424 are past their planned date. Dubailand Residence Complex supply by year →190%Watch
- Did earlier buyers gain?Up 108% for buyers 5 years ago; up 8% for launch buyers, before fees+108.1%Context
Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026
Phoenix Tower prices and rents by unit typeA studio costs about AED 455,000 and rents for about AED 36,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
Studio · price per sqft · Dubailand Residence Complex · area median AED 1,486/sqft
- 5 years
- +128.1% · +17.9%/yr
Rental income
Studio · Dubailand Residence Complex
- Gross yield
- 7.9%
- Median new rent
- AED 36,000/yr
- Yield vs area median
- -1.0 pts
- Yield vs Dubai (6.8%)
- +1.1 pts
- Yield rank
- 13th of 14
- Renewal rent
- AED 30,418/yr
- New tenants pay vs sitting (34 renewals)
- +18.4%
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Sale price, AED (right axis) Rent on new leases, AED a year (left axis)
Chart data, Studio: Jun 2009, AED 401,650; latest, Sep 2026, AED 407,500; peak, Jul 2026, AED 495,000. Rent on new leases: Jan 2014, AED 20,000 a year; latest, Oct 2026, AED 37,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 760 · before fees
- Launch, 2009
- 702
- +8%
- 10 sales
- 5 years ago
- 365
- +108%
- 10 sales
- 3 years ago
- 439
- +73%
- 3 sales
- Last 12 months
- 760
- today
- 17 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
17 resales in the last 12 months, against 2 a year on average over 2023–2025.
17 resales in the last 12 months.
Comparables in Dubailand Residence Complex
Every Dubailand Residence Complex building with a page, ranked by price per sqft over the same 12 months, all unit types. Phoenix Tower places 106th of 116; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Phoenix Tower (AED 760/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At studio, Phoenix Tower has registered sale prices 44% below the Dubailand Residence Complex median price per square foot of 1,486 AED, across 81 eligible buildings. It ranks 77th of 81 by price per square foot and 13th of 14 by gross yield in Dubailand Residence Complex.
Market context in Dubailand Residence Complex
Registered sales activity
633 ready apartment sales in the 12 months to 2026-10-12.
+1.3% in median AED/sqft versus the preceding year, supported by 633 current and 1,336 prior price observations.
Explore sales activityPlanned apartment projects
4,146 known registered units across 22 pending projects planned within one year of the 2026-07-06 register.
2 projects had already passed their planned date; 4 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
14,309 apartments are planned in Dubailand Residence Complex from 2026 to 2028, equal to 190% of the 7,534 homes let there today.
Ready prices per sqft fell in 14% of 36 buildings (counted once per bedroom type) in Dubailand Residence Complex with sales in both years; the typical one moved +7.3%.
The pooled median moved +1.3%: 6.0 points less than the typical building, because different buildings traded in each year.
New-lease rents fell in 17% of 29 buildings (counted once per bedroom type) with leases in both years; the typical one moved +0.9%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About Phoenix Tower
Phoenix Tower is an apartment building completed in 2009 in Dubailand Residence Complex with 112 registered units. 113 sales are registered with the Dubai Land Department.
The building, as registered
- Service charge
- AED 16.33/sqft a year · 2026 budget
- Floors
- 8
Drive times · typical
- Downtown
- 23 min · 21 km
- DXB Airport
- 21 min · 25 km
- DIFC
- 19 min · 22 km
- Dubai Marina
- 29 min · 36 km
- Palm Jumeirah
- 35 min · 40 km
Nearest, as registered
- Landmark
- IMG World Adventures
Phoenix Tower: AED 760 per sq ft, 42% below the median Dubailand Residence Complex building, and a 9.1% gross yield, above the area's median building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Phoenix TowerAED 760
- Dubailand Residence Complex, readyAED 817
- Dubailand Residence Complex, off-planAED 1,485
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Phoenix TowerDubailand Residence Complex median building
- Dubailand Residence Complex9.1% vs 7.9%
Nearby in Dubailand Residence Complex
Prices per sq ft around Phoenix Tower, on the mapPrices per sq ft around Phoenix Tower, on the map
Cove Grand Residence by Imtiaz
Dubailand Residence Complex · 332 sales, 12 months
763,157
AED, resale median · 1,558/sqft
Peace Lagoons by Peace Homes
Dubailand Residence Complex · 200 sales, 12 months
1.02M
AED, resale median · 1,458/sqft
Cove Edition Residence 6 by Imtiaz
Dubailand Residence Complex · 186 sales, 12 months
745,760
AED, resale median · 1,670/sqft
The Corner
Dubailand Residence Complex · 95 sales, 12 months
1.11M
AED, resale median · 1,088/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · StudioOn record
- Rental evidence · StudioOn record
- Service chargeAED 16.33/sqft a year, 2026 owners-association budget; 6.0% yield after it. Confirm against the latest invoice.On record
- Project registerOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a studio here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Phoenix Tower’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 2,023AED
- 4.5% over 25 years
- Monthly rent
- 3,000AED
- AED 36,000 a year
- Cash needed at purchase
- 128,405AED
- 20% down plus AED 37,405 in fees
Owning costs AED 138,447 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
Ask about Phoenix Tower
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Common questions
- What is the rental yield in Phoenix Tower?
- Phoenix Tower returns 7.9% gross: a median new-contract rent of AED 36,000 a year (15 Ejari contracts in 12 months) over a price benchmark of AED 455,000 (median of 14 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.
- How much does a studio in Phoenix Tower cost?
- The median registered sale price is AED 455,000 (831 AED/sqft), from 14 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in Phoenix Tower selling for right now?
- Registered sales of ready units in Phoenix Tower over the last 12 months have a median of 831 AED/sqft, across 14 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- How does Phoenix Tower compare with Dubailand Residence Complex?
- Its 7.9% gross yield sits -1.0 pts against the Dubailand Residence Complex median of 8.9%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
- What is the registered annual rent for a studio in Phoenix Tower?
- The median new annual rent is AED 36,000, from 15 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
For agents
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Phoenix Tower sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 14 registered sales in the last 12 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
Cite as: Dubai Wealth Index. “Phoenix Tower sale prices and yield.” Dubailand Residence Complex, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubailand-residence-complex/phoenix-tower
Stable dataJSON