701, Phoenix Tower
Sold prices and rental history: sold once, by the developer in March 2017, 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 701, Phoenix Tower
What is 701 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,254 sqft
- Floor
- 7th of 7
- Parking
- B2-32
- Developer
- Phoenix Holdings
- Completed
- 2009
- Service charge
- AED 20,300 /yr
- Last sold
- AED 815K · March 2017
- Building
- Phoenix Tower
About 701, Phoenix Tower
701 is a two-bedroom apartment of 1,254 sqft on the 7th floor of Phoenix Tower, a 7-storey tower in Dubailand Residence Complex completed in 2009 by Phoenix Holdings. The developer sold it on 26 March 2017 for AED 814,886, or AED 649 per sqft.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 58,000 a year: a gross yield of 7.1% on the 2017 price, before the service charge of about AED 20,300 a year.
Sales and rents for 701 over time
701 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 701 sits
All 28 2-beds →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. 701's AED 58,000 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 | ||
| 8 Oct 20158 October 2015 | 1,149 sqft | 735,251 | 639 |
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 7th floor
All 110 units in Phoenix Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | Studio | 549 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 36,000 /yr | |
| 703 | Studio | 546 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 30,418 /yr | |
| 704 | Studio | 546 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 33,000 /yr | |
| 705 | Studio | 546 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 35,000 /yr | |
| 706 | Studio | 549 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 29,800 /yr | |
| 707 | 2-bed | 1,254 sqft | AED 721KAED 720,797 · Jun 2015June 2015 | 63,000 /yr | |
| 708 | 1-bed | 817 sqft | AED 495KAED 495,289 · Jun 2015June 2015 | 44,660 /yr | |
| 709 | 2-bed | 1,254 sqft | AED 721KAED 720,797 · Jun 2015June 2015 | 49,450 /yr | |
| 710 | Studio | 549 sqft | AED 200KAED 200,000 · Jun 2021June 2021 | 32,000 /yr | |
| 711 | Studio | 546 sqft | AED 355KAED 354,790 · Mar 2017March 2017 | 33,000 /yr | |
| 712 | Studio | 546 sqft | AED 200KAED 200,000 · Jun 2021June 2021 | 29,900 /yr | |
| 713 | Studio | 546 sqft | AED 355KAED 354,790 · Mar 2017March 2017 | 32,000 /yr | |
| 714 | Studio | 549 sqft | AED 200KAED 200,000 · Jun 2021June 2021 | 37,000 /yr | |
| 715 | 2-bed | 1,149 sqft | AED 712KAED 712,252 · Jun 2015June 2015 | 62,004 /yr | |
| 716 | 1-bed | 769 sqft | AED 330KAED 330,000 · May 2023May 2023 | 32,000 /yr |
701, Phoenix Tower in numbers
- Sold once: by Phoenix Holdings on 26 March 2017 for AED 814,886, or AED 649 per sqft.
- Rented since February 2015 on 8 Ejari contracts, from AED 45,885 to AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2017 price is 7.1%, before a service charge of about AED 20,300 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 1 May 2026.
Questions about 701, Phoenix Tower
What did unit 701 last sell for?
AED 814,886 on 26 March 2017, sold by the developer: AED 649 per sqft for 1,254 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 58,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 58,000; the unit has been rented since February 2015.
How big is unit 701?
1,254 sqft (116.5 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2009.
What is unit 701 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 701, Phoenix Tower
Starts from the last sale price (AED 815K, 26 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 814,886
- Deposit, UAE resident (20%)
- AED 162,977
- Deposit, non-resident (40%)
- AED 325,954
- Monthly over 25 years at 3.7%
- AED 3,334
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →