516, Phoenix Tower
Sold prices and rental history: sold twice, last in November 2025, 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 516, Phoenix Tower
What is 516 worth today?
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Source: Dubai Land Department. Updated 24 November 2025.
Key facts
- Type
- Apartment
- Size
- 769 sqft
- Floor
- 5th of 7
- Parking
- B2-20
- Developer
- Phoenix Holdings
- Completed
- 2009
- Service charge
- AED 12,500 /yr
- Last sold
- AED 332K · November 2025
- Building
- Phoenix Tower
About 516, Phoenix Tower
516 is an apartment of 769 sqft on the 5th floor of Phoenix Tower, a 7-storey tower in Dubailand Residence Complex completed in 2009 by Phoenix Holdings. It last sold on 24 November 2025 for AED 332,111, or AED 431 per sqft.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 38,500 a year: a gross yield of 11.6% on the 2025 price, before the service charge of about AED 12,500 a year.
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 5th floor
All 110 units in Phoenix Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,254 sqft | AED 721KAED 720,797 · Jul 2014July 2014 | 51,891 /yr | |
| 502 | Studio | 549 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 29,000 /yr | |
| 503 | Studio | 546 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 30,418 /yr | |
| 504 | Studio | 546 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 29,400 /yr | |
| 505 | Studio | 546 sqft | AED 329KAED 329,160 · Jul 2014July 2014 | 26,400 /yr | |
| 506 | Studio | 549 sqft | AED 329KAED 329,160 · Jul 2014July 2014 | 29,800 /yr | |
| 507 | 2-bed | 1,254 sqft | AED 721KAED 720,797 · Jun 2015June 2015 | 65,000 /yr | |
| 508 | 1-bed | 817 sqft | AED 495KAED 495,289 · Jul 2014July 2014 | 45,000 /yr | |
| 509 | 2-bed | 1,254 sqft | AED 550KAED 550,000 · Sep 2023September 2023 | 42,000 /yr | |
| 510 | Studio | 549 sqft | AED 357KAED 356,824 · Sep 2015September 2015 | 29,800 /yr | |
| 511 | Studio | 546 sqft | AED 329KAED 329,160 · Jul 2014July 2014 | 30,000 /yr | |
| 512 | Studio | 546 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 24,750 /yr | |
| 513 | Studio | 546 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 30,000 /yr | |
| 514 | Studio | 549 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 30,360 /yr | |
| 515 | 2-bed | 1,149 sqft | AED 735KAED 735,251 · Oct 2015October 2015 | 63,000 /yr |
516, Phoenix Tower in numbers
- Sold twice: first on 16 June 2009 for AED 622,775, last on 24 November 2025 for AED 332,111 (AED 431 per sqft).
- Rented since March 2015 on 8 Ejari contracts. The rent fell from AED 46,000 to AED 27,000 in 2022 and recovered to AED 38,500 by June 2025.
- At AED 38,500 a year the gross yield on the 2025 price is 11.6%, before a service charge of about AED 12,500 a year (AED 16.19 per sqft).
Source: Dubai Land Department. Updated 24 November 2025.
Questions about 516, Phoenix Tower
What did unit 516 last sell for?
AED 332,111 on 24 November 2025: AED 431 per sqft for 769 sqft. The unit has 2 registered sales; the first was AED 622,775 in June 2009.
What is the rent for unit 516?
AED 38,500 a year on the contract renewed on 1 June 2025. The previous contract, from June 2024, was AED 38,500; the unit has been rented since March 2015.
How big is unit 516?
769 sqft (71.4 sqm): an apartment on the 5th floor of a 7-storey tower completed in 2009.
What is unit 516 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 516, Phoenix Tower
Starts from the last sale price (AED 332K, 24 November 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 332,111
- Deposit, UAE resident (20%)
- AED 66,422
- Deposit, non-resident (40%)
- AED 132,844
- Monthly over 25 years at 3.7%
- AED 1,359
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →