Studio · 546 sqftPhoenix Tower, Dubailand Residence Complex · 1st floor · completed 2009

111, Phoenix Tower

Sold prices and rental history: sold twice, last in April 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 5 March 2025
Last soldAED 422K30 April 2015
Current rentAED 26K /yr5 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Phoenix Tower

What is 111 worth today?

Last sold for AED 421,828 in 2015

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5 Mar 2025RentedRenewal
AED 26,000/yr12 months · AED 48 per sqft
5 Mar 2024RentedRenewal
AED 26,000/yr12 months · AED 48 per sqft
5 Mar 2024RentedRenewal
AED 24,200/yr12 months · AED 44 per sqft
5 Mar 2023RentedRenewal
AED 22,000/yr12 months · AED 40 per sqft
5 Mar 2022RentedNew contract
AED 20,000/yr12 months · AED 37 per sqft
24 Jan 2021RentedNew contract
AED 20,000/yr12 months · AED 37 per sqft
9 Sep 2020RentedNew contract
AED 22,000/yr12 months · AED 40 per sqft
10 May 2019RentedNew contract
AED 28,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 5 March 2025.

Key facts

Type
Studio apartment
Size
546 sqft
Floor
1st of 7
Parking
B1-11
Developer
Phoenix Holdings
Completed
2009
Service charge
AED 8,800 /yr
Last sold
AED 422K · April 2015

About 111, Phoenix Tower

111 is a studio of 546 sqft on the 1st floor of Phoenix Tower, a 7-storey tower in Dubailand Residence Complex completed in 2009 by Phoenix Holdings. It last sold on 30 April 2015 for AED 421,828, or AED 772 per sqft, 5% above the AED 735 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 5 March 2025, is AED 26,000 a year: a gross yield of 6.2% on the 2015 price, before the service charge of about AED 8,800 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical studio in Phoenix Tower
200K400K2009201420192024Typical sale price by year: 2009 AED 421,829; 2014 AED 401,650; 2015 AED 354,790; 2017 AED 354,790; 2021 AED 200,000; 2026 AED 495,000Sold by developer, June 2009: AED 421,829 (AED 772 per sqft)Sold, April 2015: AED 421,828 (AED 772 per sqft)

111 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 111, each contractTypical studio in Phoenix Tower
20K30K40K2014201820222026Typical rent by year: 2014 AED 27,800; 2015 AED 33,880; 2016 AED 35,000; 2017 AED 36,000; 2018 AED 33,800; 2019 AED 27,346; 2020 AED 23,000; 2021 AED 21,116; 2022 AED 22,500; 2023 AED 25,500; 2024 AED 29,350; 2025 AED 30,360; 2026 AED 33,000New contract, November 2015: AED 40,000 a yearNew contract, July 2018: AED 30,000 a yearNew contract, May 2019: AED 28,000 a yearNew contract, September 2020: AED 22,000 a yearNew contract, January 2021: AED 20,000 a yearNew contract, March 2022: AED 20,000 a yearRenewal, March 2023: AED 22,000 a yearRenewal, March 2024: AED 26,000 a yearRenewal, March 2024: AED 24,200 a yearRenewal, March 2025: AED 26,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Phoenix Tower, and where 111 sits

All 69 studios →

111 last sold in April 2015 at AED 772 per sqft, 5% above what studios in Phoenix Tower were fetching at the time (AED 735). Over the last 12 months studios sold for AED 400,000 to 495,000, around AED 901 per sqft, and rent for AED 27,122 to 53,000 a year. 111's AED 26,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Sep 2026400,000
22 Sep 2026415,000
17 Sep 2026400,000
17 Sep 2026495,000
13 studio sales in the last 12 months

Phoenix Tower

Building

110 apartments, studios to 2-bed over 7 floors in Dubailand Residence Complex, completed in 2009 by Phoenix Holdings. 16 sold in the last 12 months.

Typical price per sqft
AED 831
Typical sale
AED 495K
Typical rent
AED 35K /yr
Typical yield
6.7%
Phoenix Tower, Dubailand Residence Complex: prices, sales and rents →

Other units on the 1st floor

All 110 units in Phoenix Tower
Value
1012-bedAED 875K · Jul 2026
102StudioAED 495K · Jul 2026
103StudioAED 495K · Jul 2026
104StudioAED 422K · Apr 2015
105StudioAED 495K · Sep 2026
106StudioAED 400K · Sep 2026
1072-bedAED 1.2M · Jul 2026
1–7 of 15

111, Phoenix Tower in numbers

  • Sold twice: first on 15 June 2009 for AED 421,829, last on 30 April 2015 for AED 421,828 (AED 772 per sqft).
  • Rented since November 2015 on 10 Ejari contracts. The rent fell from AED 40,000 to AED 20,000 in 2022 and recovered to AED 26,000 by March 2025.
  • At AED 26,000 a year the gross yield on the 2015 price is 6.2%, before a service charge of about AED 8,800 a year (AED 16.19 per sqft).
  • Studios in Phoenix Tower sold for AED 400,000–495,000 in the 12 months to November 2026; the building's median across all types is AED 831 per sqft.

Source: Dubai Land Department. Updated 5 March 2025.

Questions about 111, Phoenix Tower

What did unit 111 last sell for?

AED 421,828 on 30 April 2015: AED 772 per sqft for 546 sqft. The unit has 2 registered sales; the first was AED 421,829 in June 2009.

What is the rent for unit 111?

AED 26,000 a year on the contract renewed on 5 March 2025. The previous contract, from March 2024, was AED 26,000; the unit has been rented since November 2015.

How big is unit 111?

546 sqft (50.7 sqm): a studio on the 1st floor of a 7-storey tower completed in 2009.

What is unit 111 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Phoenix Tower sold for AED 400,000 to 495,000 in the last 12 months, around AED 901 per sqft.

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Mortgage on 111, Phoenix Tower

Starts from the last sale price (AED 422K, 30 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 421,828
Deposit, UAE resident (20%)
AED 84,366
Deposit, non-resident (40%)
AED 168,731
Monthly over 25 years at 3.7%
AED 1,726

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →