405, Phoenix Tower
Sold prices and rental history: sold twice, last in October 2015, 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 405, Phoenix Tower
What is 405 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 546 sqft
- Floor
- 4th of 7
- Parking
- B1-37
- Developer
- Phoenix Holdings
- Completed
- 2009
- Service charge
- AED 8,800 /yr
- Last sold
- AED 349K · October 2015
- Building
- Phoenix Tower
About 405, Phoenix Tower
405 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 2014 on 11 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 33,000 a year: a gross yield of 9.4% on the 2015 price, before the service charge of about AED 8,800 a year.
Sales and rents for 405 over time
405 has sold twice; the dashed line is the studio median of each year in the building.
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 405 sits
All 69 studios →405 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. 405's AED 33,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Sep 202622 September 2026 | 546 sqft | 400,000 | 732 | ||
| 22 Sep 202622 September 2026 | 546 sqft | 415,000 | 760 | ||
| 17 Sep 202617 September 2026 | 549 sqft | 400,000 | 728 | ||
| 17 Sep 202617 September 2026 | 546 sqft | 495,000 | 906 |
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 4th floor
All 110 units in Phoenix Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,254 sqft | AED 802KAED 802,349 · Oct 2015October 2015 | 63,000 /yr | |
| 402 | Studio | 549 sqft | AED 351KAED 351,334 · Oct 2015October 2015 | 32,025 /yr | |
| 403 | Studio | 546 sqft | AED 349KAED 349,338 · Oct 2015October 2015 | 34,000 /yr | |
| 404 | Studio | 546 sqft | AED 349KAED 349,338 · Oct 2015October 2015 | 33,000 /yr | |
| 406 | Studio | 549 sqft | AED 351KAED 351,334 · Oct 2015October 2015 | 33,000 /yr | |
| 407 | 2-bed | 1,254 sqft | AED 721KAED 720,797 · Jul 2014July 2014 | 63,000 /yr | |
| 408 | 1-bed | 817 sqft | AED 523KAED 522,867 · Oct 2015October 2015 | 39,900 /yr | |
| 409 | 2-bed | 1,254 sqft | AED 802KAED 802,349 · Oct 2015October 2015 | 65,000 /yr | |
| 410 | Studio | 549 sqft | AED 351KAED 351,344 · Oct 2015October 2015 | 32,000 /yr | |
| 411 | Studio | 546 sqft | AED 349KAED 349,338 · Oct 2015October 2015 | 32,000 /yr | |
| 412 | Studio | 546 sqft | AED 349KAED 349,338 · Oct 2015October 2015 | 27,720 /yr | |
| 413 | Studio | 546 sqft | AED 349KAED 349,338 · Oct 2015October 2015 | 32,000 /yr | |
| 414 | Studio | 549 sqft | AED 351KAED 351,334 · Oct 2015October 2015 | 32,000 /yr | |
| 415 | 2-bed | 1,149 sqft | AED 735KAED 735,251 · Oct 2015October 2015 | 63,000 /yr | |
| 416 | 1-bed | 769 sqft | AED 492KAED 492,352 · Oct 2015October 2015 | 46,000 /yr |
405, 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 September 2014 on 11 Ejari contracts. The rent fell from AED 30,800 to AED 22,500 in 2022 and recovered to AED 33,000 by November 2024.
- At AED 33,000 a year the gross yield on the 2015 price is 9.4%, 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 1 November 2024.
Questions about 405, Phoenix Tower
What did unit 405 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 405?
AED 33,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 30,000; the unit has been rented since September 2014.
How big is unit 405?
546 sqft (50.7 sqm): a studio on the 4th floor of a 7-storey tower completed in 2009.
What is unit 405 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 405, 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 →