Studio · 273 sqftPhoenix Tower, Dubailand Residence Complex · 3rd floor · completed 2009

303, Phoenix Tower

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 23 February 2025
Last soldAED 402K15 June 2009
Current rentAED 23K /yr23 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Phoenix Tower

What is 303 worth today?

Last sold for AED 401,650 in 2009

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23 Feb 2025RentedRenewal
AED 23,000/yr12 months · AED 42 per sqft
23 Feb 2024RentedNew contract
AED 23,000/yr12 months · AED 42 per sqft
5 Oct 2022RentedNew contract
AED 23,000/yr12 months · AED 42 per sqft
1 May 2021RentedRenewal
AED 21,231/yr13 months · AED 39 per sqft
1 May 2020RentedNew contract
AED 23,000/yr12 months · AED 42 per sqft
10 Mar 2019RentedRenewal
AED 32,000/yr12 months · AED 59 per sqft
10 Mar 2015RentedNew contract
AED 36,000/yr12 months · AED 66 per sqft
15 Jun 2009Sold by developerOff-plan
AED 401,650AED 735 per sqft

Source: Dubai Land Department. Updated 23 February 2025.

Key facts

Type
Studio apartment
Size
273 sqft
Floor
3rd of 7
Parking
B1-43
Developer
Phoenix Holdings
Completed
2009
Service charge
AED 4,400 /yr
Last sold
AED 402K · June 2009

About 303, Phoenix Tower

303 is a studio of 273 sqft on the 3rd floor of Phoenix Tower, a 7-storey tower in Dubailand Residence Complex completed in 2009 by Phoenix Holdings. The developer sold it on 15 June 2009 for AED 401,650, or AED 735 per sqft, 5% below the AED 772 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 23 February 2025, is AED 23,000 a year: a gross yield of 5.7% on the 2009 price, before the service charge of about AED 4,400 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical studio in Phoenix Tower
200K400K2009201320172021Typical sale price by year: 2009 AED 421,829; 2014 AED 401,650; 2015 AED 354,790; 2017 AED 354,790; 2021 AED 200,000Sold by developer, June 2009: AED 401,650 (AED 735 per sqft)

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

Rents
Unit 303, each contractTypical studio in Phoenix Tower
20K30K2014201820222026Typical rent by year: 2014 AED 27,000; 2015 AED 32,690; 2016 AED 36,300; 2017 AED 36,000; 2018 AED 33,300; 2019 AED 27,846; 2020 AED 23,000; 2021 AED 20,750; 2022 AED 22,500; 2023 AED 25,875; 2024 AED 29,350; 2025 AED 30,000; 2026 AED 30,000New contract, March 2015: AED 36,000 a yearRenewal, March 2019: AED 32,000 a yearNew contract, May 2020: AED 23,000 a yearRenewal, May 2021: AED 21,231 a yearNew contract, October 2022: AED 23,000 a yearNew contract, February 2024: AED 23,000 a yearRenewal, February 2025: AED 23,000 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 303 sits

All 68 studios →

303 last sold in June 2009 at AED 735 per sqft, 5% below what studios in Phoenix Tower were fetching at the time (AED 772). 303's AED 23,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Aug 2024175,000
29 Jun 2021200,000
29 Jun 2021200,000
29 Jun 2021200,000
0 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. 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%
Phoenix Tower, Dubailand Residence Complex: prices, sales and rents →

Other units on the 3rd floor

All 110 units in Phoenix Tower
Value
3012-bedAED 721K · Jul 2014
302StudioAED 329K · Jul 2014
304StudioAED 402K · Jun 2009
305StudioAED 402K · Jun 2009
306StudioAED 329K · Jul 2014
3072-bedAED 815K · Sep 2015
3081-bedAED 495K · Jul 2014
1–7 of 15

303, Phoenix Tower in numbers

  • Sold once: by Phoenix Holdings on 15 June 2009 for AED 401,650, or AED 735 per sqft.
  • Rented since March 2015 on 7 Ejari contracts, from AED 36,000 to AED 23,000 a year.
  • At AED 23,000 a year the gross yield on the 2009 price is 5.7%, before a service charge of about AED 4,400 a year (AED 16.19 per sqft).

Source: Dubai Land Department. Updated 23 February 2025.

Questions about 303, Phoenix Tower

What did unit 303 last sell for?

AED 401,650 on 15 June 2009, sold by the developer: AED 735 per sqft for 273 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 23,000 a year on the contract renewed on 23 February 2025. The previous contract, from February 2024, was AED 23,000; the unit has been rented since March 2015.

How big is unit 303?

273 sqft (25.4 sqm): a studio on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 303 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 303, Phoenix Tower

Starts from the last sale price (AED 402K, 15 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 401,650
Deposit, UAE resident (20%)
AED 80,330
Deposit, non-resident (40%)
AED 160,660
Monthly over 25 years at 3.7%
AED 1,643

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