409, 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.
Property timeline for 409, Phoenix Tower
What is 409 worth today?
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Source: Dubai Land Department. Updated 12 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,254 sqft
- Floor
- 4th of 7
- Parking
- B2-54
- Developer
- Phoenix Holdings
- Completed
- 2009
- Service charge
- AED 20,300 /yr
- Last sold
- AED 802K · October 2015
- Building
- Phoenix Tower
About 409, Phoenix Tower
409 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. It last sold on 8 October 2015 for AED 802,349, or AED 639 per sqft, in line with the AED 649 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 12 February 2026, is AED 65,000 a year: a gross yield of 8.1% on the 2015 price, before the service charge of about AED 20,300 a year.
Sales and rents for 409 over time
409 has sold twice; 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 409 sits
All 28 2-beds →409 last sold in October 2015 at AED 639 per sqft, in line with what two-beds in Phoenix Tower were fetching at the time (AED 649). 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. 409's AED 65,000 is at the top 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 | |
| 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 | |
| 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 |
409, Phoenix Tower in numbers
- Sold twice: first on 3 July 2014 for AED 965,700, last on 8 October 2015 for AED 802,349 (AED 639 per sqft).
- Rented since November 2015 on 11 Ejari contracts. The rent fell from AED 63,000 to AED 23,000 in 2019 and recovered to AED 65,000 by February 2026.
- At AED 65,000 a year the gross yield on the 2015 price is 8.1%, 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 12 February 2026.
Questions about 409, Phoenix Tower
What did unit 409 last sell for?
AED 802,349 on 8 October 2015: AED 639 per sqft for 1,254 sqft. The unit has 2 registered sales; the first was AED 965,700 in July 2014.
What is the rent for unit 409?
AED 65,000 a year on the contract signed on 12 February 2026. The previous contract, from December 2024, was AED 54,632; the unit has been rented since November 2015.
How big is unit 409?
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 409 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 409, Phoenix Tower
Starts from the last sale price (AED 802K, 8 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 802,349
- Deposit, UAE resident (20%)
- AED 160,470
- Deposit, non-resident (40%)
- AED 320,940
- Monthly over 25 years at 3.7%
- AED 3,283
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →