Studio · 549 sqftPhoenix Tower, Dubailand Residence Complex · 2nd floor · completed 2009

206, Phoenix Tower

Sold prices and rental history: sold twice, last in April 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 15 February 2024
Last soldAED 422K30 April 2015
Current rentAED 28K /yr15 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Phoenix Tower

What is 206 worth today?

Last sold for AED 421,828 in 2015

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15 Feb 2024RentedNew contract
AED 28,000/yr12 months · AED 51 per sqft
5 Feb 2021RentedNew contract
AED 20,000/yr12 months · AED 36 per sqft
1 Oct 2017RentedRenewal
AED 32,000/yr36 months · AED 58 per sqft
1 Oct 2016RentedNew contract
AED 38,000/yr12 months · AED 69 per sqft
30 Apr 2015SoldReady
AED 421,828AED 768 per sqft
15 Jun 2009Sold by developerOff-plan
AED 421,829AED 768 per sqft

Source: Dubai Land Department. Updated 15 February 2024.

Key facts

Type
Studio apartment
Size
549 sqft
Floor
2nd of 7
Parking
B1-20
Developer
Phoenix Holdings
Completed
2009
Service charge
AED 8,900 /yr
Last sold
AED 422K · April 2015

About 206, Phoenix Tower

206 is a studio of 549 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 768 per sqft, 4% above the AED 735 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 15 February 2024, is AED 28,000 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 8,900 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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 768 per sqft)Sold, April 2015: AED 421,828 (AED 768 per sqft)

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

Rents
Unit 206, 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, October 2016: AED 38,000 a yearRenewal, October 2017: AED 32,000 a yearNew contract, February 2021: AED 20,000 a yearNew contract, February 2024: AED 28,000 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 206 sits

All 69 studios →

206 last sold in April 2015 at AED 768 per sqft, 4% 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. 206's AED 28,000 is in the lower half 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
204StudioAED 422K · Apr 2015
205StudioAED 422K · Apr 2015
2072-bedAED 924K · Apr 2015
2081-bedAED 635K · Apr 2015
1–7 of 15

206, 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 768 per sqft).
  • Rented since October 2016 on 4 Ejari contracts. The rent fell from AED 38,000 to AED 20,000 in 2021 and recovered to AED 28,000 by February 2024.
  • At AED 28,000 a year the gross yield on the 2015 price is 6.6%, before a service charge of about AED 8,900 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 15 February 2024.

Questions about 206, Phoenix Tower

What did unit 206 last sell for?

AED 421,828 on 30 April 2015: AED 768 per sqft for 549 sqft. The unit has 2 registered sales; the first was AED 421,829 in June 2009.

What is the rent for unit 206?

AED 28,000 a year on the contract signed on 15 February 2024. The previous contract, from February 2021, was AED 20,000; the unit has been rented since October 2016.

How big is unit 206?

549 sqft (51.0 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 206 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 206, 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 →