407, 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.
Property timeline for 407, Phoenix Tower
What is 407 worth today?
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Source: Dubai Land Department. Updated 20 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,254 sqft
- Floor
- 4th of 7
- Parking
- B1-39
- Developer
- Phoenix Holdings
- Completed
- 2009
- Service charge
- AED 20,300 /yr
- Last sold
- AED 721K · July 2014
- Building
- Phoenix Tower
About 407, Phoenix Tower
407 is a two-bedroom apartment of 1,254 sqft on the 4th 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 9 Ejari contracts. The current contract, signed on 20 February 2026, is AED 63,000 a year: a gross yield of 8.7% on the 2014 price, before the service charge of about AED 20,300 a year.
Sales and rents for 407 over time
407 has sold once; the dashed line is the two-bed median of each year in the building.
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 407 sits
All 28 2-beds →407 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. 407's AED 63,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jul 202610 July 2026 | 1,254 sqft | 1,200,000 | 957 | ||
| 9 Jul 20269 July 2026 | 1,254 sqft | 875,000 | 697 | ||
| 11 Sep 202311 September 2023 | 1,254 sqft | 550,000 | 438 | ||
| 26 Mar 201726 March 2017 | 1,254 sqft | 814,886 | 649 |
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 | |
| 405 | 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 | |
| 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 |
407, 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 9 Ejari contracts. The rent fell from AED 55,000 to AED 42,000 in 2021 and recovered to AED 63,000 by February 2026.
- At AED 63,000 a year the gross yield on the 2014 price is 8.7%, 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 20 February 2026.
Questions about 407, Phoenix Tower
What did unit 407 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 407?
AED 63,000 a year on the contract signed on 20 February 2026. The previous contract, from November 2022, was AED 44,100; the unit has been rented since August 2015.
How big is unit 407?
1,254 sqft (116.5 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 407 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 407, 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 →