2-bed · 1,149 sqftPhoenix Tower, Dubailand Residence Complex · 1st floor · completed 2009

115, 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 115 · DLD and Ejari recordsUpdated 20 December 2025
Last soldAED 913K30 April 2015
Current rentAED 50K /yr20 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Phoenix Tower

What is 115 worth today?

Last sold for AED 912,771 in 2015

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20 Dec 2025RentedRenewal
AED 49,500/yr12 months · AED 43 per sqft
20 Dec 2024RentedRenewal
AED 47,250/yr12 months · AED 41 per sqft
20 Dec 2024RentedRenewal
AED 47,250/yr12 months · AED 41 per sqft
20 Dec 2023RentedRenewal
AED 45,000/yr12 months · AED 39 per sqft
20 Dec 2022RentedRenewal
AED 39,900/yr12 months · AED 35 per sqft
20 Dec 2021RentedRenewal
AED 38,000/yr12 months · AED 33 per sqft
20 Nov 2020RentedNew contract
AED 38,000/yr13 months · AED 33 per sqft
25 Sep 2015RentedNew contract
AED 52,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 20 December 2025.

Key facts

Type
2-bed apartment
Size
1,149 sqft
Floor
1st of 7
Parking
B1-41
Developer
Phoenix Holdings
Completed
2009
Service charge
AED 18,600 /yr
Last sold
AED 913K · April 2015

About 115, Phoenix Tower

115 is a two-bedroom apartment of 1,149 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 912,771, or AED 794 per sqft, 8% above the AED 736 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 20 December 2025, is AED 49,500 a year: a gross yield of 5.4% on the 2015 price, before the service charge of about AED 18,600 a year.

Sales and rents for 115 over time

Sales
Unit 115, each saleTypical two-bed in Phoenix Tower
700K800K900K2009201120132015Typical sale price by year: 2009 AED 923,722; 2014 AED 720,797; 2015 AED 802,349Sold by developer, June 2009: AED 912,771 (AED 794 per sqft)Sold, April 2015: AED 912,771 (AED 794 per sqft)

115 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 115, each contractTypical two-bed in Phoenix Tower
40K60K2014201820222026Typical rent by year: 2014 AED 48,500; 2015 AED 55,000; 2016 AED 57,750; 2017 AED 60,638; 2018 AED 54,000; 2019 AED 48,500; 2020 AED 43,000; 2021 AED 43,000; 2022 AED 43,000; 2023 AED 49,450; 2024 AED 50,000; 2025 AED 58,000; 2026 AED 60,000New contract, September 2015: AED 52,000 a yearNew contract, November 2020: AED 38,000 a yearRenewal, December 2021: AED 38,000 a yearRenewal, December 2022: AED 39,900 a yearRenewal, December 2023: AED 45,000 a yearRenewal, December 2024: AED 47,250 a yearRenewal, December 2024: AED 47,250 a yearRenewal, December 2025: AED 49,500 a year

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

2-beds in Phoenix Tower, and where 115 sits

All 28 2-beds →

115 last sold in April 2015 at AED 794 per sqft, 8% above what two-beds in Phoenix Tower were fetching at the time (AED 736). Over the last 12 months two-beds sold for AED 875,000 to 1,200,000, around AED 827 per sqft, and rent for AED 49,500 to 65,000 a year. 115's AED 49,500 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jul 20261,200,000
9 Jul 2026875,000
11 Sep 2023550,000
26 Mar 2017814,886
2 2-bed 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

115, Phoenix Tower in numbers

  • Sold twice: first on 15 June 2009 for AED 912,771, last on 30 April 2015 for AED 912,771 (AED 794 per sqft).
  • Rented since September 2015 on 8 Ejari contracts. The rent fell from AED 52,000 to AED 38,000 in 2021 and recovered to AED 49,500 by December 2025.
  • At AED 49,500 a year the gross yield on the 2015 price is 5.4%, before a service charge of about AED 18,600 a year (AED 16.19 per sqft).
  • Two-beds in Phoenix Tower sold for AED 875,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 831 per sqft.

Source: Dubai Land Department. Updated 20 December 2025.

Questions about 115, Phoenix Tower

What did unit 115 last sell for?

AED 912,771 on 30 April 2015: AED 794 per sqft for 1,149 sqft. The unit has 2 registered sales; the first was AED 912,771 in June 2009.

What is the rent for unit 115?

AED 49,500 a year on the contract renewed on 20 December 2025. The previous contract, from December 2024, was AED 47,250; the unit has been rented since September 2015.

How big is unit 115?

1,149 sqft (106.7 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.

What is unit 115 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Phoenix Tower sold for AED 875,000 to 1,200,000 in the last 12 months, around AED 827 per sqft.

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Mortgage on 115, Phoenix Tower

Starts from the last sale price (AED 913K, 30 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 912,771
Deposit, UAE resident (20%)
AED 182,554
Deposit, non-resident (40%)
AED 365,108
Monthly over 25 years at 3.7%
AED 3,734

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