1-bed · 817 sqftPhoenix Tower, Dubailand Residence Complex · 7th floor · completed 2009

708, Phoenix Tower

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 10 June 2026
Last soldAED 495K30 June 2015
Current rentAED 39K /yr10 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Phoenix Tower

What is 708 worth today?

Last sold for AED 495,289 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Jun 2026RentedRenewal
AED 39,000/yr12 months · AED 48 per sqft
10 Jun 2026RentedRenewal
AED 44,660/yr12 months · AED 55 per sqft
10 Jun 2025RentedRenewal
AED 39,000/yr12 months · AED 48 per sqft
10 Jun 2025RentedRenewal
AED 39,000/yr12 months · AED 48 per sqft
10 Jun 2025RentedRenewal
AED 40,600/yr12 months · AED 50 per sqft
10 Jun 2025RentedRenewal
AED 40,600/yr12 months · AED 50 per sqft
10 Jun 2024RentedNew contract
AED 39,000/yr12 months · AED 48 per sqft
25 Jan 2017RentedRenewal
AED 42,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 10 June 2026.

Key facts

Type
1-bed apartment
Size
817 sqft
Floor
7th of 7
Parking
B2-39
Developer
Phoenix Holdings
Completed
2009
Service charge
AED 13,200 /yr
Last sold
AED 495K · June 2015

About 708, Phoenix Tower

708 is a one-bedroom apartment of 817 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 495,289, or AED 606 per sqft, 20% below the AED 762 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 10 June 2026, is AED 39,000 a year: a gross yield of 7.9% on the 2015 price, before the service charge of about AED 13,200 a year.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical one-bed in Phoenix Tower
500K600K2009201120132015Typical sale price by year: 2009 AED 622,775; 2014 AED 495,289; 2015 AED 561,300Sold by developer, June 2015: AED 495,289 (AED 606 per sqft)

708 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 708, each contractTypical one-bed in Phoenix Tower
30K40K2014201820222026Typical rent by year: 2014 AED 29,500; 2015 AED 46,000; 2016 AED 42,000; 2017 AED 46,000; 2018 AED 41,000; 2019 AED 37,500; 2020 AED 32,500; 2021 AED 29,500; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 38,250; 2025 AED 40,600; 2026 AED 44,330New contract, January 2016: AED 37,375 a yearRenewal, January 2017: AED 42,000 a yearNew contract, June 2024: AED 39,000 a yearRenewal, June 2025: AED 39,000 a yearRenewal, June 2025: AED 39,000 a yearRenewal, June 2025: AED 40,600 a yearRenewal, June 2025: AED 40,600 a yearRenewal, June 2026: AED 39,000 a yearRenewal, June 2026: AED 44,660 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Phoenix Tower, and where 708 sits

All 13 1-beds →

708 last sold in June 2015 at AED 606 per sqft, 20% below what one-beds in Phoenix Tower were fetching at the time (AED 762). Over the last 12 months one-beds sold for AED 332,111, around AED 431 per sqft, and rent for AED 39,000 to 65,000 a year. 708's AED 39,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Nov 2025332,111
25 May 2023330,000
8 Mar 2021320,000
14 Jan 2021290,000
1 1-bed sale 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
705StudioAED 329K · Jun 2015
706StudioAED 329K · Jun 2015
7072-bedAED 721K · Jun 2015
1–7 of 15

708, Phoenix Tower in numbers

  • Sold once: by Phoenix Holdings on 30 June 2015 for AED 495,289, or AED 606 per sqft.
  • Rented since January 2016 on 9 Ejari contracts, from AED 37,375 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2015 price is 7.9%, before a service charge of about AED 13,200 a year (AED 16.19 per sqft).
  • One-beds in Phoenix Tower sold for AED 332,111–332,111 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 June 2026.

Questions about 708, Phoenix Tower

What did unit 708 last sell for?

AED 495,289 on 30 June 2015, sold by the developer: AED 606 per sqft for 817 sqft. It is the only registered sale of the unit.

What is the rent for unit 708?

AED 39,000 a year on the contract renewed on 10 June 2026. The previous contract, from June 2026, was AED 44,660; the unit has been rented since January 2016.

How big is unit 708?

817 sqft (75.9 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2009.

What is unit 708 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Phoenix Tower sold for AED 332,111 to 332,111 in the last 12 months, around AED 431 per sqft.

Selling 708? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 708, Phoenix Tower

Starts from the last sale price (AED 495K, 30 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 495,289
Deposit, UAE resident (20%)
AED 99,058
Deposit, non-resident (40%)
AED 198,116
Monthly over 25 years at 3.7%
AED 2,026

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