2-bed · 1,254 sqftPhoenix Tower, Dubailand Residence Complex · 4th floor · completed 2009

409, Phoenix Tower

Sold prices and rental history: sold twice, last in October 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 12 February 2026
Last soldAED 802K8 October 2015
Current rentAED 65K /yr12 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Phoenix Tower

What is 409 worth today?

Last sold for AED 802,349 in 2015

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12 Feb 2026RentedNew contract
AED 65,000/yr12 months · AED 52 per sqft
1 Dec 2024RentedRenewal
AED 54,632/yr12 months · AED 44 per sqft
1 Dec 2023RentedRenewal
AED 49,665/yr12 months · AED 40 per sqft
1 Dec 2022RentedRenewal
AED 47,300/yr12 months · AED 38 per sqft
1 Dec 2021RentedRenewal
AED 43,000/yr12 months · AED 34 per sqft
1 Dec 2019RentedNew contract
AED 23,000/yr12 months · AED 18 per sqft
1 Nov 2018RentedRenewal
AED 56,000/yr12 months · AED 45 per sqft
1 Nov 2016RentedRenewal
AED 63,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 12 February 2026.

Key facts

Type
2-bed apartment
Size
1,254 sqft
Floor
4th of 7
Parking
B2-54
Developer
Phoenix Holdings
Completed
2009
Service charge
AED 20,300 /yr
Last sold
AED 802K · October 2015

About 409, Phoenix Tower

409 is a two-bedroom apartment of 1,254 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 802,349, or AED 639 per sqft, in line with the AED 649 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 12 February 2026, is AED 65,000 a year: a gross yield of 8.1% on the 2015 price, before the service charge of about AED 20,300 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical two-bed in Phoenix Tower
800K1M2009201120132015Typical sale price by year: 2009 AED 923,722; 2014 AED 720,797; 2015 AED 802,349Sold by developer, July 2014: AED 965,700 (AED 770 per sqft)Sold, October 2015: AED 802,349 (AED 639 per sqft)

409 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 409, each contractTypical two-bed in Phoenix Tower
20K40K60K2014201820222026Typical rent by year: 2014 AED 48,500; 2015 AED 55,000; 2016 AED 57,750; 2017 AED 60,638; 2018 AED 54,000; 2019 AED 47,750; 2020 AED 43,000; 2021 AED 42,500; 2022 AED 43,000; 2023 AED 49,450; 2024 AED 54,632; 2025 AED 56,000; 2026 AED 63,000Renewal, November 2016: AED 63,000 a yearRenewal, November 2018: AED 56,000 a yearNew contract, December 2019: AED 23,000 a yearRenewal, December 2021: AED 43,000 a yearRenewal, December 2022: AED 47,300 a yearRenewal, December 2023: AED 49,665 a yearRenewal, December 2024: AED 54,632 a yearNew contract, February 2026: AED 65,000 a year

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 409 sits

All 28 2-beds →

409 last sold in October 2015 at AED 639 per sqft, in line with what two-beds in Phoenix Tower were fetching at the time (AED 649). 409's AED 65,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Sep 2023550,000
26 Mar 2017814,886
8 Oct 2015735,251
8 Oct 2015735,251
0 2-bed 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 4th floor

All 110 units in Phoenix Tower
Value
4012-bedAED 802K · Oct 2015
402StudioAED 351K · Oct 2015
403StudioAED 349K · Oct 2015
404StudioAED 349K · Oct 2015
405StudioAED 349K · Oct 2015
406StudioAED 351K · Oct 2015
4072-bedAED 721K · Jul 2014
1–7 of 15

409, Phoenix Tower in numbers

  • Sold twice: first on 3 July 2014 for AED 965,700, last on 8 October 2015 for AED 802,349 (AED 639 per sqft).
  • Rented since November 2016 on 8 Ejari contracts. The rent fell from AED 63,000 to AED 23,000 in 2019 and recovered to AED 65,000 by February 2026.
  • At AED 65,000 a year the gross yield on the 2015 price is 8.1%, before a service charge of about AED 20,300 a year (AED 16.19 per sqft).

Source: Dubai Land Department. Updated 12 February 2026.

Questions about 409, Phoenix Tower

What did unit 409 last sell for?

AED 802,349 on 8 October 2015: AED 639 per sqft for 1,254 sqft. The unit has 2 registered sales; the first was AED 965,700 in July 2014.

What is the rent for unit 409?

AED 65,000 a year on the contract signed on 12 February 2026. The previous contract, from December 2024, was AED 54,632; the unit has been rented since November 2016.

How big is unit 409?

1,254 sqft (116.5 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.

What is unit 409 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 409, Phoenix Tower

Starts from the last sale price (AED 802K, 8 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 802,349
Deposit, UAE resident (20%)
AED 160,470
Deposit, non-resident (40%)
AED 320,940
Monthly over 25 years at 3.7%
AED 3,283

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