
615, Phoenix Tower
Sold prices and rental history: sold once, by the developer in July 2014, 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 615, Phoenix Tower
What is 615 worth today?
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Source: Dubai Land Department. Updated 10 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,149 sqft
- Floor
- 6th of 7
- Parking
- B2-30
- Developer
- Phoenix Holdings
- Completed
- 2009
- Service charge
- AED 18,600 /yr
- Last sold
- AED 712K · July 2014
- Building
- Phoenix Tower
About 615, Phoenix Tower
615 is a two-bedroom apartment of 1,149 sqft on the 6th floor of Phoenix Tower, a 7-storey tower in Dubailand Residence Complex completed in 2009 by Phoenix Holdings. The developer sold it on 1 July 2014 for AED 712,252, or AED 619 per sqft, 8% above the AED 574 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 13 Ejari contracts. The current contract, signed on 10 July 2026, is AED 60,000 a year: a gross yield of 8.4% on the 2014 price, before the service charge of about AED 18,600 a year.
Sales and rents for 615 over time
615 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Phoenix Tower, and where 615 sits
All 28 2-beds →615 last sold in July 2014 at AED 619 per sqft, 8% above what two-beds in Phoenix Tower were fetching at the time (AED 574). Over the last 12 months two-beds sold for AED 875,000 to 1,200,000, around AED 827 per sqft, and rent for AED 49,500 to 65,000 a year. 615's AED 60,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jul 202610 July 2026 | 1,254 sqft | 1,200,000 | 957 | ||
| 9 Jul 20269 July 2026 | 1,254 sqft | 875,000 | 697 | ||
| 11 Sep 202311 September 2023 | 1,254 sqft | 550,000 | 438 | ||
| 26 Mar 201726 March 2017 | 1,254 sqft | 814,886 | 649 |
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 6th floor
All 110 units in Phoenix Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,254 sqft | AED 670KAED 669,672 · Sep 2014September 2014 | 62,000 /yr | |
| 602 | Studio | 549 sqft | AED 357KAED 356,824 · Sep 2015September 2015 | 30,500 /yr | |
| 603 | Studio | 546 sqft | AED 355KAED 354,790 · Sep 2015September 2015 | 35,000 /yr | |
| 604 | Studio | 546 sqft | AED 355KAED 354,790 · Sep 2015September 2015 | 32,000 /yr | |
| 605 | Studio | 546 sqft | AED 355KAED 354,789 · Sep 2015September 2015 | 34,000 /yr | |
| 606 | Studio | 549 sqft | AED 357KAED 356,824 · Sep 2015September 2015 | 33,000 /yr | |
| 607 | 2-bed | 1,254 sqft | AED 721KAED 720,797 · Jun 2015June 2015 | 64,000 /yr | |
| 609 | 2-bed | 1,254 sqft | AED 721KAED 720,797 · Jun 2015June 2015 | 55,000 /yr | |
| 610 | Studio | 549 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 30,000 /yr | |
| 611 | Studio | 546 sqft | AED 355KAED 354,790 · Mar 2017March 2017 | 30,360 /yr | |
| 612 | Studio | 546 sqft | AED 200KAED 200,000 · Jun 2021June 2021 | 33,000 /yr | |
| 613 | Studio | 273 sqft | AED 175KAED 175,000 · Aug 2024August 2024 | 22,000 /yr | |
| 616 | 1-bed | 769 sqft | AED 410KAED 410,238 · Sep 2014September 2014 | 44,000 /yr |
615, Phoenix Tower in numbers
- Sold once: by Phoenix Holdings on 1 July 2014 for AED 712,252, or AED 619 per sqft.
- Rented since August 2015 on 13 Ejari contracts. The rent fell from AED 55,000 to AED 43,000 in 2022 and recovered to AED 60,000 by July 2026.
- At AED 60,000 a year the gross yield on the 2014 price is 8.4%, before a service charge of about AED 18,600 a year (AED 16.19 per sqft).
- Two-beds in Phoenix Tower sold for AED 875,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 831 per sqft.
Source: Dubai Land Department. Updated 10 July 2026.
Questions about 615, Phoenix Tower
What did unit 615 last sell for?
AED 712,252 on 1 July 2014, sold by the developer: AED 619 per sqft for 1,149 sqft. It is the only registered sale of the unit.
What is the rent for unit 615?
AED 60,000 a year on the contract signed on 10 July 2026. The previous contract, from April 2026, was AED 63,000; the unit has been rented since August 2015.
How big is unit 615?
1,149 sqft (106.7 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.
What is unit 615 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Phoenix Tower sold for AED 875,000 to 1,200,000 in the last 12 months, around AED 827 per sqft.
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Mortgage on 615, Phoenix Tower
Starts from the last sale price (AED 712K, 1 July 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 712,252
- Deposit, UAE resident (20%)
- AED 142,450
- Deposit, non-resident (40%)
- AED 284,901
- Monthly over 25 years at 3.7%
- AED 2,914
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →