Studio · 549 sqftPhoenix Tower, Dubailand Residence Complex · 5th floor · completed 2009

510, Phoenix Tower

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

Unit 510 · DLD and Ejari recordsUpdated 5 August 2026
Last soldAED 357K3 September 2015
Current rentAED 30K /yr5 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, Phoenix Tower

What is 510 worth today?

Last sold for AED 356,824 in 2015

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5 Aug 2026RentedRenewal
AED 29,800/yr12 months · AED 54 per sqft
5 Aug 2025RentedRenewal
AED 29,800/yr12 months · AED 54 per sqft
5 Aug 2024RentedRenewal
AED 29,800/yr12 months · AED 54 per sqft
5 Aug 2023RentedRenewal
AED 25,875/yr12 months · AED 47 per sqft
5 Aug 2022RentedNew contract
AED 22,000/yr12 months · AED 40 per sqft
5 Aug 2021RentedNew contract
AED 20,000/yr12 months · AED 36 per sqft
25 Jan 2021RentedRenewal
AED 23,000/yr12 months · AED 42 per sqft
25 Jan 2020RentedNew contract
AED 23,000/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 5 August 2026.

Key facts

Type
Studio apartment
Size
549 sqft
Floor
5th of 7
Parking
B2-52
Developer
Phoenix Holdings
Completed
2009
Service charge
AED 8,900 /yr
Last sold
AED 357K · September 2015

About 510, Phoenix Tower

510 is a studio of 549 sqft on the 5th floor of Phoenix Tower, a 7-storey tower in Dubailand Residence Complex completed in 2009 by Phoenix Holdings. It last sold on 3 September 2015 for AED 356,824, or AED 650 per sqft, 11% below the AED 731 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 13 Ejari contracts. The current contract, renewed on 5 August 2026, is AED 29,800 a year: a gross yield of 8.3% on the 2015 price, before the service charge of about AED 8,900 a year.

Sales and rents for 510 over time

Sales
Unit 510, 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, December 2014: AED 401,650 (AED 731 per sqft)Sold, September 2015: AED 356,824 (AED 650 per sqft)

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

Rents
Unit 510, 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, June 2015: AED 41,000 a yearNew contract, January 2016: AED 43,000 a yearRenewal, January 2017: AED 41,000 a yearRenewal, January 2018: AED 41,000 a yearRenewal, January 2019: AED 35,000 a yearNew contract, January 2020: AED 23,000 a yearRenewal, January 2021: AED 23,000 a yearNew contract, August 2021: AED 20,000 a yearNew contract, August 2022: AED 22,000 a yearRenewal, August 2023: AED 25,875 a yearRenewal, August 2024: AED 29,800 a yearRenewal, August 2025: AED 29,800 a yearRenewal, August 2026: AED 29,800 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 510 sits

All 69 studios →

510 last sold in September 2015 at AED 650 per sqft, 11% below what studios in Phoenix Tower were fetching at the time (AED 731). 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. 510's AED 29,800 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 5th floor

All 110 units in Phoenix Tower
Value
5012-bedAED 721K · Jul 2014
502StudioAED 329K · Jun 2015
503StudioAED 329K · Jun 2015
504StudioAED 329K · Jun 2015
505StudioAED 329K · Jul 2014
506StudioAED 329K · Jul 2014
5072-bedAED 721K · Jun 2015
1–7 of 15

510, Phoenix Tower in numbers

  • Sold twice: first on 9 December 2014 for AED 401,650, last on 3 September 2015 for AED 356,824 (AED 650 per sqft).
  • Rented since June 2015 on 13 Ejari contracts. The rent fell from AED 41,000 to AED 20,000 in 2021 and recovered to AED 29,800 by August 2026.
  • At AED 29,800 a year the gross yield on the 2015 price is 8.3%, before a service charge of about AED 8,900 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 5 August 2026.

Questions about 510, Phoenix Tower

What did unit 510 last sell for?

AED 356,824 on 3 September 2015: AED 650 per sqft for 549 sqft. The unit has 2 registered sales; the first was AED 401,650 in December 2014.

What is the rent for unit 510?

AED 29,800 a year on the contract renewed on 5 August 2026. The previous contract, from August 2025, was AED 29,800; the unit has been rented since June 2015.

How big is unit 510?

549 sqft (51.0 sqm): a studio on the 5th floor of a 7-storey tower completed in 2009.

What is unit 510 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 510, Phoenix Tower

Starts from the last sale price (AED 357K, 3 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 356,824
Deposit, UAE resident (20%)
AED 71,365
Deposit, non-resident (40%)
AED 142,730
Monthly over 25 years at 3.7%
AED 1,460

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