Studio · 273 sqftPhoenix Tower, Dubailand Residence Complex · 6th floor · completed 2009

613, Phoenix Tower

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 613 · DLD and Ejari recordsUpdated 23 August 2024
Last soldAED 175K23 August 2024
Current rentAED 22K /yr15 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 613, Phoenix Tower

What is 613 worth today?

Last sold for AED 175,000 in 2024

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23 Aug 2024SoldReady
AED 175,000AED 641 per sqft
15 Jun 2022RentedNew contract
AED 22,000/yr12 months · AED 40 per sqft
21 May 2021RentedNew contract
AED 17,000/yr12 months · AED 31 per sqft
1 Nov 2019RentedNew contract
AED 22,000/yr12 months · AED 40 per sqft
15 Aug 2017RentedRenewal
AED 35,000/yr12 months · AED 64 per sqft
15 Aug 2016RentedRenewal
AED 35,000/yr12 months · AED 64 per sqft
15 Aug 2015RentedNew contract
AED 29,500/yr12 months · AED 54 per sqft
16 Jun 2009Sold by developerOff-plan
AED 401,650AED 735 per sqft

Source: Dubai Land Department. Updated 23 August 2024.

Key facts

Type
Studio apartment
Size
273 sqft
Floor
6th of 7
Parking
B2-28
Developer
Phoenix Holdings
Completed
2009
Service charge
AED 4,400 /yr
Last sold
AED 175K · August 2024

About 613, Phoenix Tower

613 is a studio of 273 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 23 August 2024 for AED 175,000, or AED 641 per sqft.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 15 June 2022, is AED 22,000 a year: a gross yield of 12.6% on the 2024 price, before the service charge of about AED 4,400 a year.

Sales and rents for 613 over time

Sales
Unit 613, 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, June 2009: AED 401,650 (AED 735 per sqft)Sold, August 2024: AED 175,000 (AED 641 per sqft)

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

Rents
Unit 613, 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, August 2015: AED 29,500 a yearRenewal, August 2016: AED 35,000 a yearRenewal, August 2017: AED 35,000 a yearNew contract, November 2019: AED 22,000 a yearNew contract, May 2021: AED 17,000 a yearNew contract, June 2022: AED 22,000 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 613 sits

All 69 studios →

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. 613's AED 22,000 is at the bottom 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
603StudioAED 355K · Sep 2015
604StudioAED 355K · Sep 2015
605StudioAED 355K · Sep 2015
606StudioAED 357K · Sep 2015
6072-bedAED 721K · Jun 2015
1–7 of 13

613, Phoenix Tower in numbers

  • Sold twice: first on 16 June 2009 for AED 401,650, last on 23 August 2024 for AED 175,000 (AED 641 per sqft).
  • Rented since August 2015 on 6 Ejari contracts. The rent fell from AED 29,500 to AED 17,000 in 2021 and recovered to AED 22,000 by June 2022.
  • At AED 22,000 a year the gross yield on the 2024 price is 12.6%, before a service charge of about AED 4,400 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 23 August 2024.

Questions about 613, Phoenix Tower

What did unit 613 last sell for?

AED 175,000 on 23 August 2024: AED 641 per sqft for 273 sqft. The unit has 2 registered sales; the first was AED 401,650 in June 2009.

What is the rent for unit 613?

AED 22,000 a year on the contract signed on 15 June 2022. The previous contract, from May 2021, was AED 17,000; the unit has been rented since August 2015.

How big is unit 613?

273 sqft (25.4 sqm): a studio on the 6th floor of a 7-storey tower completed in 2009.

What is unit 613 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 613, Phoenix Tower

Starts from the last sale price (AED 175K, 23 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 175,000
Deposit, UAE resident (20%)
AED 35,000
Deposit, non-resident (40%)
AED 70,000
Monthly over 25 years at 3.7%
AED 716

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