116, Phoenix Tower
Sold prices and rental history: sold twice, last in April 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 116, Phoenix Tower
What is 116 worth today?
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Source: Dubai Land Department. Updated 22 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 769 sqft
- Floor
- 1st of 7
- Parking
- B1-42
- Developer
- Phoenix Holdings
- Completed
- 2009
- Service charge
- AED 12,500 /yr
- Last sold
- AED 600K · April 2015
- Building
- Phoenix Tower
About 116, Phoenix Tower
116 is a one-bedroom apartment of 769 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 599,733, or AED 779 per sqft, in line with the AED 776 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 22 October 2025, is AED 45,000 a year: a gross yield of 7.5% on the 2015 price, before the service charge of about AED 12,500 a year.
Sales and rents for 116 over time
116 has sold twice; the dashed line is the one-bed median of each year in the building.
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 116 sits
All 12 1-beds →116 last sold in April 2015 at AED 779 per sqft, in line with what one-beds in Phoenix Tower were fetching at the time (AED 776). Over the last 12 months one-beds sold for AED 332,111, around AED 431 per sqft, and rent for AED 42,320 to 46,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 May 202325 May 2023 | 769 sqft | 330,000 | 428 | ||
| 8 Mar 20218 March 2021 | 769 sqft | 320,000 | 415 | ||
| 14 Jan 202114 January 2021 | 769 sqft | 290,000 | 376 | ||
| 8 Oct 20158 October 2015 | 769 sqft | 492,352 | 640 |
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 | |
| 107 | 2-bed | 1,254 sqft | AED 924KAED 923,722 · Apr 2015April 2015 | 49,200 /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, Phoenix Tower in numbers
- Sold twice: first on 15 June 2009 for AED 599,733, last on 30 April 2015 for AED 599,733 (AED 779 per sqft).
- Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 30,000 to AED 26,000 in 2021 and recovered to AED 45,000 by October 2025.
- At AED 45,000 a year the gross yield on the 2015 price is 7.5%, before a service charge of about AED 12,500 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 431 per sqft.
Source: Dubai Land Department. Updated 22 October 2025.
Questions about 116, Phoenix Tower
What did unit 116 last sell for?
AED 599,733 on 30 April 2015: AED 779 per sqft for 769 sqft. The unit has 2 registered sales; the first was AED 599,733 in June 2009.
What is the rent for unit 116?
AED 45,000 a year on the contract signed on 22 October 2025. The previous contract, from April 2023, was AED 35,000; the unit has been rented since November 2013.
How big is unit 116?
769 sqft (71.4 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.
What is unit 116 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.
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Mortgage on 116, Phoenix Tower
Starts from the last sale price (AED 600K, 30 April 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 599,733
- Deposit, UAE resident (20%)
- AED 119,947
- Deposit, non-resident (40%)
- AED 239,893
- Monthly over 25 years at 3.7%
- AED 2,454
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →