107, Phoenix Tower
Sold prices and rental history: sold twice, last in April 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 107, Phoenix Tower
What is 107 worth today?
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Source: Dubai Land Department. Updated 4 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,254 sqft
- Floor
- 1st of 7
- Parking
- B1-07
- Developer
- Phoenix Holdings
- Completed
- 2009
- Service charge
- AED 20,300 /yr
- Last sold
- AED 924K · April 2015
- Building
- Phoenix Tower
About 107, Phoenix Tower
107 is a two-bedroom apartment of 1,254 sqft on the 1st floor of Phoenix Tower, a 7-storey tower in Dubailand Residence Complex completed in 2009 by Phoenix Holdings. It last sold on 30 April 2015 for AED 923,722, or AED 736 per sqft, in line with the AED 736 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 4 October 2024, is AED 49,200 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 20,300 a year.
Sales and rents for 107 over time
107 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Phoenix Tower, and where 107 sits
All 28 2-beds →107 last sold in April 2015 at AED 736 per sqft, in line with what two-beds in Phoenix Tower were fetching at the time (AED 736). 107's AED 49,200 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Sep 202311 September 2023 | 1,254 sqft | 550,000 | 438 | ||
| 26 Mar 201726 March 2017 | 1,254 sqft | 814,886 | 649 | ||
| 8 Oct 20158 October 2015 | 1,149 sqft | 735,251 | 639 | ||
| 8 Oct 20158 October 2015 | 1,149 sqft | 735,251 | 639 |
Phoenix Tower
Building110 apartments, studios to 2-bed over 7 floors in Dubailand Residence Complex, completed in 2009 by Phoenix Holdings. 1 sold in the last 12 months.
- Typical price per sqft
- AED 431
- Typical sale
- AED 332K
- Typical rent
- AED 34K /yr
- Typical yield
- 12.7%
Other units on the 1st floor
All 110 units in Phoenix Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,254 sqft | AED 924KAED 923,722 · Apr 2015April 2015 | 55,000 /yr | |
| 102 | Studio | 549 sqft | AED 422KAED 421,828 · Apr 2015April 2015 | 27,300 /yr | |
| 103 | Studio | 546 sqft | AED 422KAED 421,828 · Apr 2015April 2015 | 22,500 /yr | |
| 104 | Studio | 546 sqft | AED 422KAED 421,828 · Apr 2015April 2015 | 26,070 /yr | |
| 105 | Studio | 546 sqft | AED 422KAED 421,828 · Apr 2015April 2015 | 22,500 /yr | |
| 106 | Studio | 549 sqft | AED 422KAED 421,828 · Apr 2015April 2015 | 26,565 /yr | |
| 108 | 1-bed | 817 sqft | AED 635KAED 634,726 · Apr 2015April 2015 | 33,800 /yr | |
| 109 | 2-bed | 1,254 sqft | AED 924KAED 923,722 · Apr 2015April 2015 | 49,500 /yr | |
| 110 | Studio | 549 sqft | AED 422KAED 421,828 · Apr 2015April 2015 | 22,000 /yr | |
| 111 | Studio | 546 sqft | AED 422KAED 421,828 · Apr 2015April 2015 | 26,000 /yr | |
| 112 | Studio | 546 sqft | AED 422KAED 421,828 · Apr 2015April 2015 | 23,500 /yr | |
| 113 | Studio | 546 sqft | AED 422KAED 421,828 · Apr 2015April 2015 | 27,300 /yr | |
| 114 | Studio | 549 sqft | AED 422KAED 421,828 · Apr 2015April 2015 | 28,000 /yr | |
| 115 | 2-bed | 1,149 sqft | AED 913KAED 912,771 · Apr 2015April 2015 | 49,500 /yr | |
| 116 | 1-bed | 769 sqft | AED 600KAED 599,733 · Apr 2015April 2015 | 45,000 /yr |
107, Phoenix Tower in numbers
- Sold twice: first on 15 June 2009 for AED 923,722, last on 30 April 2015 for AED 923,722 (AED 736 per sqft).
- Rented since June 2015 on 9 Ejari contracts. The rent fell from AED 45,000 to AED 36,000 in 2022 and recovered to AED 49,200 by October 2024.
- At AED 49,200 a year the gross yield on the 2015 price is 5.3%, before a service charge of about AED 20,300 a year (AED 16.19 per sqft).
Source: Dubai Land Department. Updated 4 October 2024.
Questions about 107, Phoenix Tower
What did unit 107 last sell for?
AED 923,722 on 30 April 2015: AED 736 per sqft for 1,254 sqft. The unit has 2 registered sales; the first was AED 923,722 in June 2009.
What is the rent for unit 107?
AED 49,200 a year on the contract renewed on 4 October 2024. The previous contract, from October 2023, was AED 41,000; the unit has been rented since June 2015.
How big is unit 107?
1,254 sqft (116.5 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.
What is unit 107 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 107, Phoenix Tower
Starts from the last sale price (AED 924K, 30 April 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 923,722
- Deposit, UAE resident (20%)
- AED 184,744
- Deposit, non-resident (40%)
- AED 369,489
- Monthly over 25 years at 3.7%
- AED 3,779
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →