2-bed · 1,149 sqftPhoenix Tower, Dubailand Residence Complex · 3rd floor · completed 2009

315, 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.

Unit 315 · DLD and Ejari recordsUpdated 3 June 2026
Last soldAED 712K1 July 2014
Current rentAED 55K /yr3 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, Phoenix Tower

What is 315 worth today?

Last sold for AED 712,252 in 2014

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3 Jun 2026RentedRenewal
AED 54,600/yr12 months · AED 48 per sqft
3 Jun 2025RentedRenewal
AED 52,000/yr12 months · AED 45 per sqft
3 Jun 2025RentedRenewal
AED 52,000/yr12 months · AED 45 per sqft
3 Jun 2024RentedRenewal
AED 49,450/yr12 months · AED 43 per sqft
3 Jun 2024RentedRenewal
AED 49,450/yr12 months · AED 43 per sqft
5 Jun 2023RentedNew contract
AED 43,232/yr12 months · AED 38 per sqft
11 Nov 2021RentedRenewal
AED 40,000/yr12 months · AED 35 per sqft
11 Nov 2020RentedRenewal
AED 43,000/yr12 months · AED 37 per sqft

Source: Dubai Land Department. Updated 3 June 2026.

Key facts

Type
2-bed apartment
Size
1,149 sqft
Floor
3rd of 7
Parking
B1-34
Developer
Phoenix Holdings
Completed
2009
Service charge
AED 18,600 /yr
Last sold
AED 712K · July 2014

About 315, Phoenix Tower

315 is a two-bedroom apartment of 1,149 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 712,252, or AED 619 per sqft, 8% above the AED 574 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 14 Ejari contracts. The current contract, renewed on 3 June 2026, is AED 54,600 a year: a gross yield of 7.7% on the 2014 price, before the service charge of about AED 18,600 a year.

Sales and rents for 315 over time

Sales
Unit 315, 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 712,252 (AED 619 per sqft)

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

Rents
Unit 315, 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 2014: AED 50,000 a yearNew contract, August 2015: AED 55,000 a yearRenewal, August 2016: AED 57,750 a yearRenewal, August 2017: AED 60,638 a yearNew contract, October 2018: AED 54,000 a yearNew contract, November 2019: AED 43,000 a yearRenewal, November 2020: AED 43,000 a yearRenewal, November 2021: AED 40,000 a yearNew contract, June 2023: AED 43,232 a yearRenewal, June 2024: AED 49,450 a yearRenewal, June 2024: AED 49,450 a yearRenewal, June 2025: AED 52,000 a yearRenewal, June 2025: AED 52,000 a yearRenewal, June 2026: AED 54,600 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 315 sits

All 28 2-beds →

315 last sold in July 2014 at AED 619 per sqft, 8% above 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. 315's AED 54,600 is in the lower 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

315, Phoenix Tower in numbers

  • Sold once: by Phoenix Holdings on 1 July 2014 for AED 712,252, or AED 619 per sqft.
  • Rented since August 2014 on 14 Ejari contracts. The rent fell from AED 50,000 to AED 40,000 in 2021 and recovered to AED 54,600 by June 2026.
  • At AED 54,600 a year the gross yield on the 2014 price is 7.7%, before a service charge of about AED 18,600 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 3 June 2026.

Questions about 315, Phoenix Tower

What did unit 315 last sell for?

AED 712,252 on 1 July 2014, sold by the developer: AED 619 per sqft for 1,149 sqft. It is the only registered sale of the unit.

What is the rent for unit 315?

AED 54,600 a year on the contract renewed on 3 June 2026. The previous contract, from June 2025, was AED 52,000; the unit has been rented since August 2014.

How big is unit 315?

1,149 sqft (106.7 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 315 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 315, Phoenix Tower

Starts from the last sale price (AED 712K, 1 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 712,252
Deposit, UAE resident (20%)
AED 142,450
Deposit, non-resident (40%)
AED 284,901
Monthly over 25 years at 3.7%
AED 2,914

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