Studio · 546 sqftPhoenix Tower, Dubailand Residence Complex · 6th floor · completed 2009

603, Phoenix Tower

Sold prices and rental history: sold twice, last in September 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 18 July 2026
Last soldAED 355K3 September 2015
Current rentAED 35K /yr18 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Phoenix Tower

What is 603 worth today?

Last sold for AED 354,790 in 2015

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18 Jul 2026RentedNew contract
AED 35,000/yr12 months · AED 64 per sqft
1 Aug 2025RentedRenewal
AED 29,600/yr12 months · AED 54 per sqft
1 Aug 2024RentedRenewal
AED 29,600/yr12 months · AED 54 per sqft
1 Aug 2023RentedRenewal
AED 24,750/yr12 months · AED 45 per sqft
1 Aug 2022RentedRenewal
AED 22,500/yr12 months · AED 41 per sqft
1 Aug 2021RentedNew contract
AED 22,500/yr12 months · AED 41 per sqft
5 Jan 2019RentedRenewal
AED 32,000/yr12 months · AED 59 per sqft
5 Jan 2018RentedRenewal
AED 38,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 18 July 2026.

Key facts

Type
Studio apartment
Size
546 sqft
Floor
6th of 7
Parking
B2-47
Developer
Phoenix Holdings
Completed
2009
Service charge
AED 8,800 /yr
Last sold
AED 355K · September 2015

About 603, Phoenix Tower

603 is a studio of 546 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 354,790, or AED 649 per sqft, 11% below the AED 731 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 18 July 2026, is AED 35,000 a year: a gross yield of 9.9% on the 2015 price, before the service charge of about AED 8,800 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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 735 per sqft)Sold, September 2015: AED 354,790 (AED 649 per sqft)

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

Rents
Unit 603, each contractTypical studio in Phoenix Tower
20K30K40K2014201820222026Typical 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, January 2017: AED 38,000 a yearRenewal, January 2018: AED 38,000 a yearRenewal, January 2019: AED 32,000 a yearNew contract, August 2021: AED 22,500 a yearRenewal, August 2022: AED 22,500 a yearRenewal, August 2023: AED 24,750 a yearRenewal, August 2024: AED 29,600 a yearRenewal, August 2025: AED 29,600 a yearNew contract, July 2026: AED 35,000 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 603 sits

All 69 studios →

603 last sold in September 2015 at AED 649 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. 603's AED 35,000 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
602StudioAED 357K · 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

603, Phoenix Tower in numbers

  • Sold twice: first on 10 December 2014 for AED 401,650, last on 3 September 2015 for AED 354,790 (AED 649 per sqft).
  • Rented since January 2017 on 9 Ejari contracts. The rent fell from AED 38,000 to AED 22,500 in 2022 and recovered to AED 35,000 by July 2026.
  • At AED 35,000 a year the gross yield on the 2015 price is 9.9%, before a service charge of about AED 8,800 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 18 July 2026.

Questions about 603, Phoenix Tower

What did unit 603 last sell for?

AED 354,790 on 3 September 2015: AED 649 per sqft for 546 sqft. The unit has 2 registered sales; the first was AED 401,650 in December 2014.

What is the rent for unit 603?

AED 35,000 a year on the contract signed on 18 July 2026. The previous contract, from August 2025, was AED 29,600; the unit has been rented since January 2017.

How big is unit 603?

546 sqft (50.7 sqm): a studio on the 6th floor of a 7-storey tower completed in 2009.

What is unit 603 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 603, Phoenix Tower

Starts from the last sale price (AED 355K, 3 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 354,790
Deposit, UAE resident (20%)
AED 70,958
Deposit, non-resident (40%)
AED 141,916
Monthly over 25 years at 3.7%
AED 1,452

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