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

711, 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.

Unit 711 · DLD and Ejari recordsUpdated 3 November 2026
Last soldAED 355K26 March 2017
Current rentAED 33K /yr3 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Phoenix Tower

What is 711 worth today?

Last sold for AED 354,790 in 2017

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3 Nov 2026RentedRenewal
AED 33,000/yr12 months · AED 60 per sqft
3 Nov 2025RentedRenewal
AED 33,000/yr12 months · AED 60 per sqft
3 Nov 2024RentedNew contract
AED 33,000/yr12 months · AED 60 per sqft
29 Oct 2023RentedRenewal
AED 26,400/yr12 months · AED 48 per sqft
29 Oct 2022RentedNew contract
AED 24,000/yr12 months · AED 44 per sqft
26 Jul 2021RentedNew contract
AED 22,500/yr12 months · AED 41 per sqft
10 Mar 2021RentedRenewal
AED 22,000/yr3 months · AED 40 per sqft
10 Mar 2020RentedRenewal
AED 22,000/yr12 months · AED 40 per sqft

Source: Dubai Land Department. Updated 3 November 2026.

Key facts

Type
Studio apartment
Size
546 sqft
Floor
7th of 7
Parking
B2-42
Developer
Phoenix Holdings
Completed
2009
Service charge
AED 8,800 /yr
Last sold
AED 355K · March 2017

About 711, Phoenix Tower

711 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 26 March 2017 for AED 354,790, or AED 649 per sqft, in line with the AED 649 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 3 November 2026, is AED 33,000 a year: a gross yield of 9.3% on the 2017 price, before the service charge of about AED 8,800 a year.

Sales and rents for 711 over time

Sales
Unit 711, 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, March 2017: AED 354,790 (AED 649 per sqft)

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

Rents
Unit 711, 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, May 2015: AED 30,000 a yearNew contract, October 2016: AED 36,300 a yearRenewal, October 2017: AED 36,500 a yearNew contract, March 2019: AED 30,000 a yearRenewal, March 2020: AED 22,000 a yearRenewal, March 2021: AED 22,000 a yearNew contract, July 2021: AED 22,500 a yearNew contract, October 2022: AED 24,000 a yearRenewal, October 2023: AED 26,400 a yearNew contract, November 2024: AED 33,000 a yearRenewal, November 2025: AED 33,000 a yearRenewal, November 2026: 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 711 sits

All 69 studios →

711 last sold in March 2017 at AED 649 per sqft, in line with what studios in Phoenix Tower were fetching at the time (AED 649). 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. 711's AED 33,000 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
705StudioAED 329K · Jun 2015
706StudioAED 329K · Jun 2015
7072-bedAED 721K · Jun 2015
1–7 of 15

711, Phoenix Tower in numbers

  • Sold once: by Phoenix Holdings on 26 March 2017 for AED 354,790, or AED 649 per sqft.
  • Rented since May 2015 on 12 Ejari contracts. The rent fell from AED 30,000 to AED 22,000 in 2021 and recovered to AED 33,000 by November 2026.
  • At AED 33,000 a year the gross yield on the 2017 price is 9.3%, 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 3 November 2026.

Questions about 711, Phoenix Tower

What did unit 711 last sell for?

AED 354,790 on 26 March 2017, sold by the developer: AED 649 per sqft for 546 sqft. It is the only registered sale of the unit.

What is the rent for unit 711?

AED 33,000 a year on the contract renewed on 3 November 2026. The previous contract, from November 2025, was AED 33,000; the unit has been rented since May 2015.

How big is unit 711?

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

What is unit 711 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 711, Phoenix Tower

Starts from the last sale price (AED 355K, 26 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 354,790
Deposit, UAE resident (20%)
AED 70,958
Deposit, non-resident (40%)
AED 141,916
Monthly over 25 years at 3.7%
AED 1,452

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