414, Phoenix Tower
Sold prices and rental history: sold twice, last in October 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 414, Phoenix Tower
What is 414 worth today?
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Source: Dubai Land Department. Updated 2 December 2023.
Key facts
- Type
- Studio apartment
- Size
- 549 sqft
- Floor
- 4th of 7
- Parking
- B2-04
- Developer
- Phoenix Holdings
- Completed
- 2009
- Service charge
- AED 8,900 /yr
- Last sold
- AED 351K · October 2015
- Building
- Phoenix Tower
About 414, Phoenix Tower
414 is a studio of 549 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 351,334, or AED 640 per sqft, in line with the AED 650 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 2 December 2023, is AED 26,400 a year: a gross yield of 7.5% on the 2015 price, before the service charge of about AED 8,900 a year.
Sales and rents for 414 over time
414 has sold twice; the dashed line is the studio median of each year in the building.
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 414 sits
All 68 studios →414 last sold in October 2015 at AED 640 per sqft, in line with what studios in Phoenix Tower were fetching at the time (AED 650). 414's AED 26,400 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Aug 202423 August 2024 | 273 sqft | 175,000 | 641 | ||
| 29 Jun 202129 June 2021 | 546 sqft | 200,000 | 366 | ||
| 29 Jun 202129 June 2021 | 549 sqft | 200,000 | 364 | ||
| 29 Jun 202129 June 2021 | 549 sqft | 200,000 | 364 |
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 | |
| 408 | 1-bed | 817 sqft | AED 523KAED 522,867 · Oct 2015October 2015 | 38,000 /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 | |
| 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 |
414, Phoenix Tower in numbers
- Sold twice: first on 3 July 2014 for AED 401,650, last on 8 October 2015 for AED 351,334 (AED 640 per sqft).
- Rented since March 2014 on 9 Ejari contracts. The rent fell from AED 29,000 to AED 22,500 in 2021 and recovered to AED 26,400 by December 2023.
- At AED 26,400 a year the gross yield on the 2015 price is 7.5%, before a service charge of about AED 8,900 a year (AED 16.19 per sqft).
Source: Dubai Land Department. Updated 2 December 2023.
Questions about 414, Phoenix Tower
What did unit 414 last sell for?
AED 351,334 on 8 October 2015: AED 640 per sqft for 549 sqft. The unit has 2 registered sales; the first was AED 401,650 in July 2014.
What is the rent for unit 414?
AED 26,400 a year on the contract renewed on 2 December 2023. The previous contract, from December 2022, was AED 24,000; the unit has been rented since March 2014.
How big is unit 414?
549 sqft (51.0 sqm): a studio on the 4th floor of a 7-storey tower completed in 2009.
What is unit 414 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 414, Phoenix Tower
Starts from the last sale price (AED 351K, 8 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 351,334
- Deposit, UAE resident (20%)
- AED 70,267
- Deposit, non-resident (40%)
- AED 140,534
- Monthly over 25 years at 3.7%
- AED 1,437
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →