Studio · 546 sqftPhoenix Tower, Dubailand Residence Complex · 7th floor · completed 2009

705, 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.

Unit 705 · DLD and Ejari recordsUpdated 25 November 2025
Last soldAED 329K30 June 2015
Current rentAED 35K /yr25 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Phoenix Tower

What is 705 worth today?

Last sold for AED 329,160 in 2015

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25 Nov 2025RentedNew contract
AED 35,000/yr12 months · AED 64 per sqft
1 Nov 2025RentedRenewal
AED 33,000/yr12 months · AED 60 per sqft
1 Nov 2024RentedRenewal
AED 30,610/yr12 months · AED 56 per sqft
1 Nov 2023RentedRenewal
AED 27,830/yr12 months · AED 51 per sqft
1 Nov 2022RentedRenewal
AED 25,300/yr12 months · AED 46 per sqft
1 Nov 2021RentedRenewal
AED 23,000/yr12 months · AED 42 per sqft
1 Nov 2020RentedRenewal
AED 25,000/yr12 months · AED 46 per sqft
1 Sep 2019RentedRenewal
AED 26,156/yr14 months · AED 48 per sqft

Source: Dubai Land Department. Updated 25 November 2025.

Key facts

Type
Studio apartment
Size
546 sqft
Floor
7th of 7
Parking
B2-36
Developer
Phoenix Holdings
Completed
2009
Service charge
AED 8,800 /yr
Last sold
AED 329K · June 2015

About 705, Phoenix Tower

705 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 11 Ejari contracts. The current contract, signed on 25 November 2025, is AED 35,000 a year: a gross yield of 10.6% on the 2015 price, before the service charge of about AED 8,800 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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 2015: AED 329,160 (AED 603 per sqft)

705 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 705, 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, September 2014: AED 33,600 a yearRenewal, September 2015: AED 36,000 a yearNew contract, September 2018: AED 33,000 a yearRenewal, September 2019: AED 26,156 a yearRenewal, November 2020: AED 25,000 a yearRenewal, November 2021: AED 23,000 a yearRenewal, November 2022: AED 25,300 a yearRenewal, November 2023: AED 27,830 a yearRenewal, November 2024: AED 30,610 a yearNew contract, November 2025: AED 35,000 a yearRenewal, November 2025: AED 33,000 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 705 sits

All 69 studios →

705 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. 705'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 7th floor

All 110 units in Phoenix Tower
Value
7012-bedAED 815K · Mar 2017
702StudioAED 329K · Jun 2015
703StudioAED 329K · Jun 2015
704StudioAED 329K · Jun 2015
706StudioAED 329K · Jun 2015
7072-bedAED 721K · Jun 2015
7081-bedAED 495K · Jun 2015
1–7 of 15

705, Phoenix Tower in numbers

  • Sold once: by Phoenix Holdings on 30 June 2015 for AED 329,160, or AED 603 per sqft.
  • Rented since September 2014 on 11 Ejari contracts. The rent fell from AED 33,600 to AED 23,000 in 2021 and recovered to AED 35,000 by November 2025.
  • At AED 35,000 a year the gross yield on the 2015 price is 10.6%, 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 25 November 2025.

Questions about 705, Phoenix Tower

What did unit 705 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 705?

AED 35,000 a year on the contract signed on 25 November 2025. The previous contract, from November 2025, was AED 33,000; the unit has been rented since September 2014.

How big is unit 705?

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

What is unit 705 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 705, 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 →