704, Phoenix Tower
Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Phoenix Tower
What is 704 worth today?
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Source: Dubai Land Department. Updated 27 November 2026.
Key facts
- Type
- Studio apartment
- Size
- 546 sqft
- Floor
- 7th of 7
- Parking
- B2-35
- Developer
- Phoenix Holdings
- Completed
- 2009
- Service charge
- AED 8,800 /yr
- Last sold
- AED 329K · June 2015
- Building
- Phoenix Tower
About 704, Phoenix Tower
704 is a studio of 546 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 30 June 2015 for AED 329,160, or AED 603 per sqft, 18% below the AED 735 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 27 November 2026, is AED 33,000 a year: a gross yield of 10.0% on the 2015 price, before the service charge of about AED 8,800 a year.
Sales and rents for 704 over time
704 has sold once; the dashed line is the studio median of each year in the building.
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 704 sits
All 69 studios →704 last sold in June 2015 at AED 603 per sqft, 18% below what studios in Phoenix Tower were fetching at the time (AED 735). 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. 704's AED 33,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Sep 202622 September 2026 | 546 sqft | 400,000 | 732 | ||
| 22 Sep 202622 September 2026 | 546 sqft | 415,000 | 760 | ||
| 17 Sep 202617 September 2026 | 549 sqft | 400,000 | 728 | ||
| 17 Sep 202617 September 2026 | 546 sqft | 495,000 | 906 |
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 | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,254 sqft | AED 815KAED 814,886 · Mar 2017March 2017 | 58,000 /yr | |
| 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 | |
| 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 |
704, Phoenix Tower in numbers
- Sold once: by Phoenix Holdings on 30 June 2015 for AED 329,160, or AED 603 per sqft.
- Rented since July 2014 on 12 Ejari contracts, from AED 21,600 to AED 33,000 a year.
- At AED 33,000 a year the gross yield on the 2015 price is 10.0%, 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 27 November 2026.
Questions about 704, Phoenix Tower
What did unit 704 last sell for?
AED 329,160 on 30 June 2015, sold by the developer: AED 603 per sqft for 546 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 33,000 a year on the contract renewed on 27 November 2026. The previous contract, from November 2025, was AED 33,000; the unit has been rented since July 2014.
How big is unit 704?
546 sqft (50.7 sqm): a studio on the 7th floor of a 7-storey tower completed in 2009.
What is unit 704 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 704? Put it on the OpenOffers board
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Mortgage on 704, Phoenix Tower
Starts from the last sale price (AED 329K, 30 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 329,160
- Deposit, UAE resident (20%)
- AED 65,832
- Deposit, non-resident (40%)
- AED 131,664
- Monthly over 25 years at 3.7%
- AED 1,347
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →