516, Phoenix Tower
Sold prices and rental history: sold twice, last in November 2025, 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 516, Phoenix Tower
What is 516 worth today?
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Source: Dubai Land Department. Updated 1 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 769 sqft
- Floor
- 5th of 7
- Parking
- B2-20
- Developer
- Phoenix Holdings
- Completed
- 2009
- Service charge
- AED 12,500 /yr
- Last sold
- AED 332K · November 2025
- Building
- Phoenix Tower
About 516, Phoenix Tower
516 is a one-bedroom apartment of 769 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 24 November 2025 for AED 332,111, or AED 431 per sqft.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 1 June 2026, is AED 40,425 a year: a gross yield of 12.2% on the 2025 price, before the service charge of about AED 12,500 a year.
Sales and rents for 516 over time
516 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Phoenix Tower, and where 516 sits
All 13 1-beds →Over the last 12 months one-beds sold for AED 332,111, around AED 431 per sqft, and rent for AED 39,000 to 65,000 a year. 516's AED 40,425 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 May 202325 May 2023 | 769 sqft | 330,000 | 428 | ||
| 8 Mar 20218 March 2021 | 769 sqft | 320,000 | 415 | ||
| 14 Jan 202114 January 2021 | 769 sqft | 290,000 | 376 | ||
| 8 Oct 20158 October 2015 | 769 sqft | 492,352 | 640 |
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 5th floor
All 110 units in Phoenix Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,254 sqft | AED 721KAED 720,797 · Jul 2014July 2014 | 60,000 /yr | |
| 502 | Studio | 549 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 29,000 /yr | |
| 503 | Studio | 546 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 32,000 /yr | |
| 504 | Studio | 546 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 29,400 /yr | |
| 505 | Studio | 546 sqft | AED 329KAED 329,160 · Jul 2014July 2014 | 38,000 /yr | |
| 506 | Studio | 549 sqft | AED 329KAED 329,160 · Jul 2014July 2014 | 29,800 /yr | |
| 507 | 2-bed | 1,254 sqft | AED 721KAED 720,797 · Jun 2015June 2015 | 60,000 /yr | |
| 508 | 1-bed | 817 sqft | AED 495KAED 495,289 · Jul 2014July 2014 | 45,000 /yr | |
| 509 | 2-bed | 1,254 sqft | AED 550KAED 550,000 · Sep 2023September 2023 | 42,000 /yr | |
| 510 | Studio | 549 sqft | AED 357KAED 356,824 · Sep 2015September 2015 | 29,800 /yr | |
| 511 | Studio | 546 sqft | AED 329KAED 329,160 · Jul 2014July 2014 | 30,000 /yr | |
| 512 | Studio | 546 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 35,000 /yr | |
| 513 | Studio | 546 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 30,000 /yr | |
| 514 | Studio | 549 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 30,360 /yr | |
| 515 | 2-bed | 1,149 sqft | AED 735KAED 735,251 · Oct 2015October 2015 | 60,000 /yr |
516, Phoenix Tower in numbers
- Sold twice: first on 16 June 2009 for AED 622,775, last on 24 November 2025 for AED 332,111 (AED 431 per sqft).
- Rented since March 2015 on 9 Ejari contracts. The rent fell from AED 46,000 to AED 27,000 in 2022 and recovered to AED 40,425 by June 2026.
- At AED 40,425 a year the gross yield on the 2025 price is 12.2%, before a service charge of about AED 12,500 a year (AED 16.19 per sqft).
- One-beds in Phoenix Tower sold for AED 332,111–332,111 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 June 2026.
Questions about 516, Phoenix Tower
What did unit 516 last sell for?
AED 332,111 on 24 November 2025: AED 431 per sqft for 769 sqft. The unit has 2 registered sales; the first was AED 622,775 in June 2009.
What is the rent for unit 516?
AED 40,425 a year on the contract signed on 1 June 2026. The previous contract, from June 2025, was AED 38,500; the unit has been rented since March 2015.
How big is unit 516?
769 sqft (71.4 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.
What is unit 516 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Phoenix Tower sold for AED 332,111 to 332,111 in the last 12 months, around AED 431 per sqft.
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Mortgage on 516, Phoenix Tower
Starts from the last sale price (AED 332K, 24 November 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 332,111
- Deposit, UAE resident (20%)
- AED 66,422
- Deposit, non-resident (40%)
- AED 132,844
- Monthly over 25 years at 3.7%
- AED 1,359
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →