Studio · 546 sqftPhoenix Tower, Dubailand Residence Complex · 4th floor · completed 2009

403, Phoenix Tower

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

Unit 403 · DLD and Ejari recordsUpdated 20 June 2026
Last soldAED 349K8 October 2015
Current rentAED 34K /yr20 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Phoenix Tower

What is 403 worth today?

Last sold for AED 349,338 in 2015

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20 Jun 2026RentedRenewal
AED 34,000/yr12 months · AED 62 per sqft
20 Jun 2025RentedNew contract
AED 34,000/yr12 months · AED 62 per sqft
27 May 2024RentedRenewal
AED 28,500/yr12 months · AED 52 per sqft
27 May 2023RentedRenewal
AED 24,750/yr12 months · AED 45 per sqft
27 May 2022RentedRenewal
AED 22,500/yr12 months · AED 41 per sqft
27 Apr 2021RentedNew contract
AED 20,000/yr13 months · AED 37 per sqft
6 Apr 2019RentedRenewal
AED 32,000/yr12 months · AED 59 per sqft
6 Apr 2018RentedRenewal
AED 40,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 20 June 2026.

Key facts

Type
Studio apartment
Size
546 sqft
Floor
4th of 7
Parking
B1-35
Developer
Phoenix Holdings
Completed
2009
Service charge
AED 8,800 /yr
Last sold
AED 349K · October 2015

About 403, Phoenix Tower

403 is a studio of 546 sqft on the 4th floor of Phoenix Tower, a 7-storey tower in Dubailand Residence Complex completed in 2009 by Phoenix Holdings. It last sold on 8 October 2015 for AED 349,338, or AED 640 per sqft, in line with the AED 650 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 20 June 2026, is AED 34,000 a year: a gross yield of 9.7% on the 2015 price, before the service charge of about AED 8,800 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, July 2014: AED 401,650 (AED 735 per sqft)Sold, October 2015: AED 349,338 (AED 640 per sqft)

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

Rents
Unit 403, each contractTypical studio in Phoenix Tower
20K40K2014201820222026Typical 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, April 2015: AED 43,000 a yearRenewal, April 2016: AED 43,000 a yearRenewal, April 2017: AED 44,000 a yearRenewal, April 2018: AED 40,000 a yearRenewal, April 2019: AED 32,000 a yearNew contract, April 2021: AED 20,000 a yearRenewal, May 2022: AED 22,500 a yearRenewal, May 2023: AED 24,750 a yearRenewal, May 2024: AED 28,500 a yearNew contract, June 2025: AED 34,000 a yearRenewal, June 2026: AED 34,000 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 403 sits

All 69 studios →

403 last sold in October 2015 at AED 640 per sqft, in line with what studios in Phoenix Tower were fetching at the time (AED 650). 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. 403's AED 34,000 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 4th floor

All 110 units in Phoenix Tower
Value
4012-bedAED 802K · Oct 2015
402StudioAED 351K · Oct 2015
404StudioAED 349K · Oct 2015
405StudioAED 349K · Oct 2015
406StudioAED 351K · Oct 2015
4072-bedAED 721K · Jul 2014
4081-bedAED 523K · Oct 2015
1–7 of 15

403, Phoenix Tower in numbers

  • Sold twice: first on 3 July 2014 for AED 401,650, last on 8 October 2015 for AED 349,338 (AED 640 per sqft).
  • Rented since April 2015 on 11 Ejari contracts. The rent fell from AED 43,000 to AED 20,000 in 2021 and recovered to AED 34,000 by June 2026.
  • At AED 34,000 a year the gross yield on the 2015 price is 9.7%, before a service charge of about AED 8,800 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 20 June 2026.

Questions about 403, Phoenix Tower

What did unit 403 last sell for?

AED 349,338 on 8 October 2015: AED 640 per sqft for 546 sqft. The unit has 2 registered sales; the first was AED 401,650 in July 2014.

What is the rent for unit 403?

AED 34,000 a year on the contract renewed on 20 June 2026. The previous contract, from June 2025, was AED 34,000; the unit has been rented since April 2015.

How big is unit 403?

546 sqft (50.7 sqm): a studio on the 4th floor of a 7-storey tower completed in 2009.

What is unit 403 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 403, Phoenix Tower

Starts from the last sale price (AED 349K, 8 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 349,338
Deposit, UAE resident (20%)
AED 69,868
Deposit, non-resident (40%)
AED 139,735
Monthly over 25 years at 3.7%
AED 1,429

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