308, Phoenix Tower
Sold prices and rental history: sold once, by the developer in July 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Phoenix Tower
What is 308 worth today?
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Source: Dubai Land Department. Updated 1 January 2027.
Key facts
- Type
- 1-bed apartment
- Size
- 817 sqft
- Floor
- 3rd of 7
- Parking
- B1-31
- Developer
- Phoenix Holdings
- Completed
- 2009
- Service charge
- AED 13,200 /yr
- Last sold
- AED 495K · July 2014
- Building
- Phoenix Tower
About 308, Phoenix Tower
308 is a one-bedroom apartment of 817 sqft on the 3rd floor of Phoenix Tower, a 7-storey tower in Dubailand Residence Complex completed in 2009 by Phoenix Holdings. The developer sold it on 1 July 2014 for AED 495,289, or AED 606 per sqft.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 January 2027, is AED 42,320 a year: a gross yield of 8.5% on the 2014 price, before the service charge of about AED 13,200 a year.
Sales and rents for 308 over time
308 has sold once; the dashed line is the one-bed median of each year in the building.
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 308 sits
All 13 1-beds →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. 308's AED 42,320 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Nov 202524 November 2025 | 769 sqft | 332,111 | 431 | ||
| 25 May 202325 May 2023 | 769 sqft | 330,000 | 428 | ||
| 8 Mar 20218 March 2021 | 769 sqft | 320,000 | 415 | ||
| 14 Jan 202114 January 2021 | 769 sqft | 290,000 | 376 |
Phoenix Tower
Building110 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%
Other units on the 3rd floor
All 110 units in Phoenix Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,254 sqft | AED 721KAED 720,797 · Jul 2014July 2014 | 63,000 /yr | |
| 302 | Studio | 549 sqft | AED 329KAED 329,160 · Jul 2014July 2014 | 30,400 /yr | |
| 303 | Studio | 273 sqft | AED 402KAED 401,650 · Jun 2009June 2009 | 33,000 /yr | |
| 304 | Studio | 273 sqft | AED 402KAED 401,650 · Jun 2009June 2009 | 35,000 /yr | |
| 305 | Studio | 273 sqft | AED 402KAED 401,650 · Jun 2009June 2009 | 34,000 /yr | |
| 306 | Studio | 549 sqft | AED 329KAED 329,160 · Jul 2014July 2014 | 30,000 /yr | |
| 307 | 2-bed | 1,254 sqft | AED 815KAED 814,886 · Sep 2015September 2015 | 60,000 /yr | |
| 309 | 2-bed | 1,254 sqft | AED 721KAED 720,797 · Jul 2014July 2014 | 60,000 /yr | |
| 310 | Studio | 549 sqft | AED 357KAED 356,824 · Sep 2015September 2015 | 38,000 /yr | |
| 311 | Studio | 546 sqft | AED 329KAED 329,160 · Jul 2014July 2014 | 36,000 /yr | |
| 312 | Studio | 546 sqft | AED 355KAED 354,790 · Sep 2015September 2015 | 28,350 /yr | |
| 313 | Studio | 546 sqft | AED 355KAED 354,790 · Sep 2015September 2015 | 27,122 /yr | |
| 314 | Studio | 549 sqft | AED 410KAED 410,000 · Oct 2025October 2025 | 41,887 /yr | |
| 315 | 2-bed | 1,149 sqft | AED 712KAED 712,252 · Jul 2014July 2014 | 54,600 /yr | |
| 316 | 1-bed | 769 sqft | AED 468KAED 467,982 · Jun 2015June 2015 | 45,000 /yr |
308, Phoenix Tower in numbers
- Sold once: by Phoenix Holdings on 1 July 2014 for AED 495,289, or AED 606 per sqft.
- Rented since August 2014 on 10 Ejari contracts, from AED 28,000 to AED 42,320 a year.
- At AED 42,320 a year the gross yield on the 2014 price is 8.5%, before a service charge of about AED 13,200 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 1 January 2027.
Questions about 308, Phoenix Tower
What did unit 308 last sell for?
AED 495,289 on 1 July 2014, sold by the developer: AED 606 per sqft for 817 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 42,320 a year on the contract renewed on 1 January 2027. The previous contract, from January 2026, was AED 42,320; the unit has been rented since August 2014.
How big is unit 308?
817 sqft (75.9 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.
What is unit 308 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 308, Phoenix Tower
Starts from the last sale price (AED 495K, 1 July 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 495,289
- Deposit, UAE resident (20%)
- AED 99,058
- Deposit, non-resident (40%)
- AED 198,116
- Monthly over 25 years at 3.7%
- AED 2,026
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →