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

712, Phoenix Tower

Sold prices and rental history: sold 3 times, last in June 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 15 January 2026
Last soldAED 200K29 June 2021
Current rentAED 30K /yr15 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Phoenix Tower

What is 712 worth today?

Last sold for AED 200,000 in 2021

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15 Jan 2026RentedNew contract
AED 29,900/yr12 months · AED 55 per sqft
15 Jan 2025RentedRenewal
AED 29,900/yr12 months · AED 55 per sqft
15 Jan 2024RentedRenewal
AED 26,000/yr12 months · AED 48 per sqft
15 Jan 2023RentedRenewal
AED 23,500/yr12 months · AED 43 per sqft
15 Jan 2022RentedNew contract
AED 21,000/yr12 months · AED 38 per sqft
5 Aug 2021RentedNew contract
AED 19,000/yr12 months · AED 35 per sqft
29 Jun 2021SoldReady
AED 200,000AED 366 per sqft
14 Jan 2021SoldReady
AED 190,000AED 348 per sqft

Source: Dubai Land Department. Updated 15 January 2026.

Key facts

Type
Studio apartment
Size
546 sqft
Floor
7th of 7
Parking
G-14
Developer
Phoenix Holdings
Completed
2009
Service charge
AED 8,800 /yr
Last sold
AED 200K · June 2021

About 712, Phoenix Tower

712 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. It last sold on 29 June 2021 for AED 200,000, or AED 366 per sqft, in line with the AED 364 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 15 January 2026, is AED 29,900 a year: a gross yield of 14.9% on the 2021 price, before the service charge of about AED 8,800 a year.

Sales and rents for 712 over time

Sales
Unit 712, 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 2009: AED 401,650 (AED 735 per sqft)Sold, January 2021: AED 190,000 (AED 348 per sqft)Sold, June 2021: AED 200,000 (AED 366 per sqft)

712 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 712, 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, August 2015: AED 30,865 a yearNew contract, March 2019: AED 26,000 a yearNew contract, August 2021: AED 19,000 a yearNew contract, January 2022: AED 21,000 a yearRenewal, January 2023: AED 23,500 a yearRenewal, January 2024: AED 26,000 a yearRenewal, January 2025: AED 29,900 a yearNew contract, January 2026: AED 29,900 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 712 sits

All 69 studios →

712 last sold in June 2021 at AED 366 per sqft, in line with what studios in Phoenix Tower were fetching at the time (AED 364). 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. 712's AED 29,900 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

712, Phoenix Tower in numbers

  • Sold 3 times: first on 16 June 2009 for AED 401,650, last on 29 June 2021 for AED 200,000 (AED 366 per sqft).
  • Rented since August 2015 on 8 Ejari contracts. The rent fell from AED 30,865 to AED 19,000 in 2021 and recovered to AED 29,900 by January 2026.
  • At AED 29,900 a year the gross yield on the 2021 price is 14.9%, 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 15 January 2026.

Questions about 712, Phoenix Tower

What did unit 712 last sell for?

AED 200,000 on 29 June 2021: AED 366 per sqft for 546 sqft. The unit has 3 registered sales; the first was AED 401,650 in June 2009.

What is the rent for unit 712?

AED 29,900 a year on the contract signed on 15 January 2026. The previous contract, from January 2025, was AED 29,900; the unit has been rented since August 2015.

How big is unit 712?

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

What is unit 712 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 712, Phoenix Tower

Starts from the last sale price (AED 200K, 29 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 200,000
Deposit, UAE resident (20%)
AED 40,000
Deposit, non-resident (40%)
AED 80,000
Monthly over 25 years at 3.7%
AED 818

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