2-bed · 1,254 sqftPhoenix Tower, Dubailand Residence Complex · 3rd floor · completed 2009

309, Phoenix Tower

Sold prices and rental history: sold once, by the developer in July 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 721K1 July 2014
Current rentAED 60K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Phoenix Tower

What is 309 worth today?

Last sold for AED 720,797 in 2014

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15 Sep 2026RentedRenewal
AED 60,000/yr12 months · AED 48 per sqft
15 Sep 2025RentedNew contract
AED 60,000/yr12 months · AED 48 per sqft
25 Jul 2018RentedNew contract
AED 52,000/yr12 months · AED 41 per sqft
1 Aug 2017RentedRenewal
AED 60,638/yr12 months · AED 48 per sqft
1 Aug 2016RentedRenewal
AED 57,750/yr12 months · AED 46 per sqft
1 Aug 2015RentedNew contract
AED 55,000/yr12 months · AED 44 per sqft
1 Jul 2014Sold by developerReady
AED 720,797AED 574 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
2-bed apartment
Size
1,254 sqft
Floor
3rd of 7
Parking
G-07
Developer
Phoenix Holdings
Completed
2009
Service charge
AED 20,300 /yr
Last sold
AED 721K · July 2014

About 309, Phoenix Tower

309 is a two-bedroom apartment of 1,254 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 720,797, or AED 574 per sqft, in line with the AED 574 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 15 September 2026, is AED 60,000 a year: a gross yield of 8.3% on the 2014 price, before the service charge of about AED 20,300 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, July 2014: AED 720,797 (AED 574 per sqft)

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

Rents
Unit 309, each contractTypical two-bed in Phoenix Tower
40K50K60K2014201820222026Typical 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, August 2015: AED 55,000 a yearRenewal, August 2016: AED 57,750 a yearRenewal, August 2017: AED 60,638 a yearNew contract, July 2018: AED 52,000 a yearNew contract, September 2025: AED 60,000 a yearRenewal, September 2026: AED 60,000 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 309 sits

All 28 2-beds →

309 last sold in July 2014 at AED 574 per sqft, in line with what two-beds in Phoenix Tower were fetching at the time (AED 574). 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. 309's AED 60,000 is in the upper half 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 3rd floor

All 110 units in Phoenix Tower
Value
3012-bedAED 721K · Jul 2014
302StudioAED 329K · Jul 2014
303StudioAED 402K · Jun 2009
304StudioAED 402K · Jun 2009
305StudioAED 402K · Jun 2009
306StudioAED 329K · Jul 2014
3072-bedAED 815K · Sep 2015
1–7 of 15

309, Phoenix Tower in numbers

  • Sold once: by Phoenix Holdings on 1 July 2014 for AED 720,797, or AED 574 per sqft.
  • Rented since August 2015 on 6 Ejari contracts, from AED 55,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2014 price is 8.3%, before a service charge of about AED 20,300 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 15 September 2026.

Questions about 309, Phoenix Tower

What did unit 309 last sell for?

AED 720,797 on 1 July 2014, sold by the developer: AED 574 per sqft for 1,254 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 60,000 a year on the contract renewed on 15 September 2026. The previous contract, from September 2025, was AED 60,000; the unit has been rented since August 2015.

How big is unit 309?

1,254 sqft (116.5 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 309 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 309, Phoenix Tower

Starts from the last sale price (AED 721K, 1 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 720,797
Deposit, UAE resident (20%)
AED 144,159
Deposit, non-resident (40%)
AED 288,319
Monthly over 25 years at 3.7%
AED 2,949

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