408, Phoenix Tower
Sold prices and rental history: sold twice, last in October 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 408, Phoenix Tower
What is 408 worth today?
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Source: Dubai Land Department. Updated 30 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 817 sqft
- Floor
- 4th of 7
- Parking
- B2-53
- Developer
- Phoenix Holdings
- Completed
- 2009
- Service charge
- AED 13,200 /yr
- Last sold
- AED 523K · October 2015
- Building
- Phoenix Tower
About 408, Phoenix Tower
408 is a one-bedroom apartment of 817 sqft on the 4th floor of Phoenix Tower, a 7-storey tower in Dubailand Residence Complex completed in 2009 by Phoenix Holdings. It last sold on 8 October 2015 for AED 522,867, or AED 639 per sqft, 10% below the AED 708 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 30 May 2025, is AED 38,000 a year: a gross yield of 7.3% on the 2015 price, before the service charge of about AED 13,200 a year.
Sales and rents for 408 over time
408 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 408 sits
All 12 1-beds →408 last sold in October 2015 at AED 639 per sqft, 10% below what one-beds in Phoenix Tower were fetching at the time (AED 708). 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 4th floor
All 110 units in Phoenix Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,254 sqft | AED 802KAED 802,349 · Oct 2015October 2015 | 49,500 /yr | |
| 402 | Studio | 549 sqft | AED 351KAED 351,334 · Oct 2015October 2015 | 30,000 /yr | |
| 403 | Studio | 546 sqft | AED 349KAED 349,338 · Oct 2015October 2015 | 28,500 /yr | |
| 404 | Studio | 546 sqft | AED 349KAED 349,338 · Oct 2015October 2015 | 33,000 /yr | |
| 405 | Studio | 546 sqft | AED 349KAED 349,338 · Oct 2015October 2015 | 33,000 /yr | |
| 406 | Studio | 549 sqft | AED 351KAED 351,334 · Oct 2015October 2015 | 26,450 /yr | |
| 407 | 2-bed | 1,254 sqft | AED 721KAED 720,797 · Jul 2014July 2014 | 63,000 /yr | |
| 409 | 2-bed | 1,254 sqft | AED 802KAED 802,349 · Oct 2015October 2015 | 65,000 /yr | |
| 410 | Studio | 549 sqft | AED 351KAED 351,344 · Oct 2015October 2015 | 30,360 /yr | |
| 411 | Studio | 546 sqft | AED 349KAED 349,338 · Oct 2015October 2015 | 30,360 /yr | |
| 412 | Studio | 546 sqft | AED 349KAED 349,338 · Oct 2015October 2015 | 30,400 /yr | |
| 413 | Studio | 546 sqft | AED 349KAED 349,338 · Oct 2015October 2015 | 32,000 /yr | |
| 414 | Studio | 549 sqft | AED 351KAED 351,334 · Oct 2015October 2015 | 26,400 /yr | |
| 415 | 2-bed | 1,149 sqft | AED 735KAED 735,251 · Oct 2015October 2015 | 63,000 /yr | |
| 416 | 1-bed | 769 sqft | AED 492KAED 492,352 · Oct 2015October 2015 | 46,000 /yr |
408, Phoenix Tower in numbers
- Sold twice: first on 3 July 2014 for AED 622,775, last on 8 October 2015 for AED 522,867 (AED 639 per sqft).
- Rented since March 2015 on 11 Ejari contracts. The rent fell from AED 46,000 to AED 31,000 in 2021 and recovered to AED 38,000 by May 2025.
- At AED 38,000 a year the gross yield on the 2015 price is 7.3%, before a service charge of about AED 13,200 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 30 May 2025.
Questions about 408, Phoenix Tower
What did unit 408 last sell for?
AED 522,867 on 8 October 2015: AED 639 per sqft for 817 sqft. The unit has 2 registered sales; the first was AED 622,775 in July 2014.
What is the rent for unit 408?
AED 38,000 a year on the contract renewed on 30 May 2025. The previous contract, from May 2024, was AED 38,000; the unit has been rented since March 2015.
How big is unit 408?
817 sqft (75.9 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 408 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 408, Phoenix Tower
Starts from the last sale price (AED 523K, 8 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 522,867
- Deposit, UAE resident (20%)
- AED 104,573
- Deposit, non-resident (40%)
- AED 209,147
- Monthly over 25 years at 3.7%
- AED 2,139
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →