1-bed · 769 sqftPhoenix Tower, Dubailand Residence Complex · 1st floor · completed 2009

116, Phoenix Tower

Sold prices and rental history: sold twice, last in April 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 22 October 2026
Last soldAED 600K30 April 2015
Current rentAED 44K /yr22 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Phoenix Tower

What is 116 worth today?

Last sold for AED 599,733 in 2015

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22 Oct 2026RentedRenewal
AED 44,000/yr12 months · AED 57 per sqft
22 Oct 2025RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft
20 Apr 2023RentedRenewal
AED 35,000/yr12 months · AED 45 per sqft
10 Apr 2022RentedNew contract
AED 30,081/yr12 months · AED 39 per sqft
1 Nov 2021RentedNew contract
AED 26,000/yr12 months · AED 34 per sqft
15 Jun 2020RentedNew contract
AED 28,000/yr12 months · AED 36 per sqft
1 Jun 2018RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
10 Jun 2017RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 22 October 2026.

Key facts

Type
1-bed apartment
Size
769 sqft
Floor
1st of 7
Parking
B1-42
Developer
Phoenix Holdings
Completed
2009
Service charge
AED 12,500 /yr
Last sold
AED 600K · April 2015

About 116, Phoenix Tower

116 is a one-bedroom apartment of 769 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 599,733, or AED 779 per sqft, in line with the AED 776 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 22 October 2026, is AED 44,000 a year: a gross yield of 7.3% on the 2015 price, before the service charge of about AED 12,500 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical one-bed in Phoenix Tower
500K600K2009201120132015Typical sale price by year: 2009 AED 622,775; 2014 AED 495,289; 2015 AED 561,300Sold by developer, June 2009: AED 599,733 (AED 779 per sqft)Sold, April 2015: AED 599,733 (AED 779 per sqft)

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

Rents
Unit 116, each contractTypical one-bed in Phoenix Tower
30K40K2013201720212025Typical rent by year: 2014 AED 29,500; 2015 AED 46,000; 2016 AED 42,000; 2017 AED 46,000; 2018 AED 41,000; 2019 AED 37,500; 2020 AED 32,500; 2021 AED 29,500; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 38,250; 2025 AED 40,600; 2026 AED 44,330New contract, November 2013: AED 30,000 a yearNew contract, June 2017: AED 45,000 a yearNew contract, June 2018: AED 40,000 a yearNew contract, June 2020: AED 28,000 a yearNew contract, November 2021: AED 26,000 a yearNew contract, April 2022: AED 30,081 a yearRenewal, April 2023: AED 35,000 a yearNew contract, October 2025: AED 45,000 a yearRenewal, October 2026: AED 44,000 a year

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

1-beds in Phoenix Tower, and where 116 sits

All 13 1-beds →

116 last sold in April 2015 at AED 779 per sqft, in line with what one-beds in Phoenix Tower were fetching at the time (AED 776). Over the last 12 months one-beds sold for AED 332,111, around AED 431 per sqft, and rent for AED 39,000 to 65,000 a year. 116's AED 44,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Nov 2025332,111
25 May 2023330,000
8 Mar 2021320,000
14 Jan 2021290,000
1 1-bed sale 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

116, Phoenix Tower in numbers

  • Sold twice: first on 15 June 2009 for AED 599,733, last on 30 April 2015 for AED 599,733 (AED 779 per sqft).
  • Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 30,000 to AED 26,000 in 2021 and recovered to AED 44,000 by October 2026.
  • At AED 44,000 a year the gross yield on the 2015 price is 7.3%, before a service charge of about AED 12,500 a year (AED 16.19 per sqft).
  • One-beds in Phoenix Tower sold for AED 332,111–332,111 in the 12 months to November 2026; the building's median across all types is AED 831 per sqft.

Source: Dubai Land Department. Updated 22 October 2026.

Questions about 116, Phoenix Tower

What did unit 116 last sell for?

AED 599,733 on 30 April 2015: AED 779 per sqft for 769 sqft. The unit has 2 registered sales; the first was AED 599,733 in June 2009.

What is the rent for unit 116?

AED 44,000 a year on the contract renewed on 22 October 2026. The previous contract, from October 2025, was AED 45,000; the unit has been rented since November 2013.

How big is unit 116?

769 sqft (71.4 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Phoenix Tower sold for AED 332,111 to 332,111 in the last 12 months, around AED 431 per sqft.

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Mortgage on 116, Phoenix Tower

Starts from the last sale price (AED 600K, 30 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 599,733
Deposit, UAE resident (20%)
AED 119,947
Deposit, non-resident (40%)
AED 239,893
Monthly over 25 years at 3.7%
AED 2,454

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