Studio · 546 sqftPhoenix Tower, Dubailand Residence Complex · 2nd floor · completed 2009

204, 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 204 · DLD and Ejari recordsUpdated 25 February 2022
Last soldAED 422K30 April 2015
Current rentAED 20K /yr25 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Phoenix Tower

What is 204 worth today?

Last sold for AED 421,828 in 2015

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25 Feb 2022RentedRenewal
AED 20,000/yr12 months · AED 37 per sqft
25 Feb 2021RentedNew contract
AED 20,000/yr12 months · AED 37 per sqft
1 Feb 2020RentedRenewal
AED 28,000/yr12 months · AED 51 per sqft
1 Feb 2019RentedRenewal
AED 33,000/yr12 months · AED 60 per sqft
1 Feb 2018RentedNew contract
AED 34,000/yr12 months · AED 62 per sqft
5 Sep 2015RentedNew contract
AED 30,000/yr12 months · AED 55 per sqft
30 Apr 2015SoldReady
AED 421,828AED 772 per sqft
15 Jun 2009Sold by developerOff-plan
AED 421,829AED 772 per sqft

Source: Dubai Land Department. Updated 25 February 2022.

Key facts

Type
Studio apartment
Size
546 sqft
Floor
2nd of 7
Parking
B1-18
Developer
Phoenix Holdings
Completed
2009
Service charge
AED 8,800 /yr
Last sold
AED 422K · April 2015

About 204, Phoenix Tower

204 is a studio of 546 sqft on the 2nd 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 6 Ejari contracts. The current contract, renewed on 25 February 2022, is AED 20,000 a year: a gross yield of 4.7% on the 2015 price, before the service charge of about AED 8,800 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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)

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

Rents
Unit 204, each contractTypical studio in Phoenix Tower
20K30K2014201820222026Typical 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, September 2015: AED 30,000 a yearNew contract, February 2018: AED 34,000 a yearRenewal, February 2019: AED 33,000 a yearRenewal, February 2020: AED 28,000 a yearNew contract, February 2021: AED 20,000 a yearRenewal, February 2022: AED 20,000 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 204 sits

All 69 studios →

204 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. 204's AED 20,000 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 2nd floor

All 110 units in Phoenix Tower
Value
2012-bedAED 924K · Apr 2015
202StudioAED 495K · Jul 2026
203StudioAED 400K · Sep 2026
205StudioAED 422K · Apr 2015
206StudioAED 422K · Apr 2015
2072-bedAED 924K · Apr 2015
2081-bedAED 635K · Apr 2015
1–7 of 15

204, 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 September 2015 on 6 Ejari contracts, from AED 30,000 to AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2015 price is 4.7%, 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 25 February 2022.

Questions about 204, Phoenix Tower

What did unit 204 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 204?

AED 20,000 a year on the contract renewed on 25 February 2022. The previous contract, from February 2021, was AED 20,000; the unit has been rented since September 2015.

How big is unit 204?

546 sqft (50.7 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 204 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 204, 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 →