Studio · 549 sqftPhoenix Tower, Dubailand Residence Complex · 6th floor · completed 2009

602, Phoenix Tower

Sold prices and rental history: sold twice, last in September 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 357K3 September 2015
Current rentAED 31K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Phoenix Tower

What is 602 worth today?

Last sold for AED 356,824 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Aug 2026RentedRenewal
AED 30,500/yr12 months · AED 56 per sqft
15 Aug 2025RentedNew contract
AED 30,500/yr12 months · AED 56 per sqft
25 Jul 2023RentedRenewal
AED 25,875/yr12 months · AED 47 per sqft
25 Jul 2022RentedRenewal
AED 25,875/yr12 months · AED 47 per sqft
25 Jul 2021RentedRenewal
AED 23,000/yr12 months · AED 42 per sqft
25 Jul 2020RentedRenewal
AED 25,000/yr12 months · AED 46 per sqft
25 Jun 2019RentedRenewal
AED 30,538/yr13 months · AED 56 per sqft
25 Jun 2018RentedRenewal
AED 37,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
Studio apartment
Size
549 sqft
Floor
6th of 7
Parking
B2-46
Developer
Phoenix Holdings
Completed
2009
Service charge
AED 8,900 /yr
Last sold
AED 357K · September 2015

About 602, Phoenix Tower

602 is a studio of 549 sqft on the 6th 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 2014 on 11 Ejari contracts. The current contract, renewed on 15 August 2026, is AED 30,500 a year: a gross yield of 8.6% on the 2015 price, before the service charge of about AED 8,900 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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)

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

Rents
Unit 602, each contractTypical studio in Phoenix Tower
20K30K2014201820222026Typical 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 2014: AED 29,000 a yearNew contract, June 2016: AED 34,800 a yearRenewal, June 2017: AED 37,000 a yearRenewal, June 2018: AED 37,000 a yearRenewal, June 2019: AED 30,538 a yearRenewal, July 2020: AED 25,000 a yearRenewal, July 2021: AED 23,000 a yearRenewal, July 2022: AED 25,875 a yearRenewal, July 2023: AED 25,875 a yearNew contract, August 2025: AED 30,500 a yearRenewal, August 2026: AED 30,500 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 602 sits

All 69 studios →

602 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. 602's AED 30,500 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 6th floor

All 110 units in Phoenix Tower
Value
6012-bedAED 670K · Sep 2014
603StudioAED 355K · Sep 2015
604StudioAED 355K · Sep 2015
605StudioAED 355K · Sep 2015
606StudioAED 357K · Sep 2015
6072-bedAED 721K · Jun 2015
6092-bedAED 721K · Jun 2015
1–7 of 13

602, Phoenix Tower in numbers

  • Sold twice: first on 10 December 2014 for AED 401,650, last on 3 September 2015 for AED 356,824 (AED 650 per sqft).
  • Rented since June 2014 on 11 Ejari contracts. The rent fell from AED 29,000 to AED 23,000 in 2021 and recovered to AED 30,500 by August 2026.
  • At AED 30,500 a year the gross yield on the 2015 price is 8.6%, 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 15 August 2026.

Questions about 602, Phoenix Tower

What did unit 602 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 602?

AED 30,500 a year on the contract renewed on 15 August 2026. The previous contract, from August 2025, was AED 30,500; the unit has been rented since June 2014.

How big is unit 602?

549 sqft (51.0 sqm): a studio on the 6th floor of a 7-storey tower completed in 2009.

What is unit 602 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.

Selling 602? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 602, 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 →