316, Phoenix Tower
Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 316, Phoenix Tower
What is 316 worth today?
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Source: Dubai Land Department. Updated 5 November 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 769 sqft
- Floor
- 3rd of 7
- Parking
- B1-46
- Developer
- Phoenix Holdings
- Completed
- 2009
- Service charge
- AED 12,500 /yr
- Last sold
- AED 468K · June 2015
- Building
- Phoenix Tower
About 316, Phoenix Tower
316 is a one-bedroom apartment of 769 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 30 June 2015 for AED 467,982, or AED 608 per sqft, 20% below the AED 762 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 5 November 2026, is AED 45,000 a year: a gross yield of 9.6% on the 2015 price, before the service charge of about AED 12,500 a year.
Sales and rents for 316 over time
316 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 316 sits
All 13 1-beds →316 last sold in June 2015 at AED 608 per sqft, 20% below what one-beds in Phoenix Tower were fetching at the time (AED 762). 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. 316's AED 45,000 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 | |
| 308 | 1-bed | 817 sqft | AED 495KAED 495,289 · Jul 2014July 2014 | 42,320 /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, Phoenix Tower in numbers
- Sold once: by Phoenix Holdings on 30 June 2015 for AED 467,982, or AED 608 per sqft.
- Rented since July 2016 on 9 Ejari contracts. The rent fell from AED 41,580 to AED 32,000 in 2022 and recovered to AED 45,000 by November 2026.
- At AED 45,000 a year the gross yield on the 2015 price is 9.6%, before a service charge of about AED 12,500 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 5 November 2026.
Questions about 316, Phoenix Tower
What did unit 316 last sell for?
AED 467,982 on 30 June 2015, sold by the developer: AED 608 per sqft for 769 sqft. It is the only registered sale of the unit.
What is the rent for unit 316?
AED 45,000 a year on the contract renewed on 5 November 2026. The previous contract, from November 2025, was AED 45,000; the unit has been rented since July 2016.
How big is unit 316?
769 sqft (71.4 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.
What is unit 316 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 316, Phoenix Tower
Starts from the last sale price (AED 468K, 30 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 467,982
- Deposit, UAE resident (20%)
- AED 93,596
- Deposit, non-resident (40%)
- AED 187,193
- Monthly over 25 years at 3.7%
- AED 1,915
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →