606, Phoenix Tower
Sold prices and rental history: sold twice, last in September 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 606, Phoenix Tower
What is 606 worth today?
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Source: Dubai Land Department. Updated 26 November 2023.
Key facts
- Type
- Studio apartment
- Size
- 549 sqft
- Floor
- 6th of 7
- Parking
- B2-50
- Developer
- Phoenix Holdings
- Completed
- 2009
- Service charge
- AED 8,900 /yr
- Last sold
- AED 357K · September 2015
- Building
- Phoenix Tower
About 606, Phoenix Tower
606 is a studio of 549 sqft on the 6th floor of Phoenix Tower, a 7-storey tower in Dubailand Residence Complex completed in 2009 by Phoenix Holdings. It last sold on 3 September 2015 for AED 356,824, or AED 650 per sqft, 11% below the AED 733 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 26 November 2023, is AED 30,000 a year: a gross yield of 8.4% on the 2015 price, before the service charge of about AED 8,900 a year.
Sales and rents for 606 over time
606 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 606 sits
All 68 studios →606 last sold in September 2015 at AED 650 per sqft, 11% below what studios in Phoenix Tower were fetching at the time (AED 733). 606's AED 30,000 is in the lower half 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 6th floor
All 110 units in Phoenix Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,254 sqft | AED 670KAED 669,672 · Sep 2014September 2014 | 62,000 /yr | |
| 602 | Studio | 549 sqft | AED 357KAED 356,824 · Sep 2015September 2015 | 30,500 /yr | |
| 603 | Studio | 546 sqft | AED 355KAED 354,790 · Sep 2015September 2015 | 29,600 /yr | |
| 604 | Studio | 546 sqft | AED 355KAED 354,790 · Sep 2015September 2015 | 34,000 /yr | |
| 605 | Studio | 546 sqft | AED 355KAED 354,789 · Sep 2015September 2015 | 34,000 /yr | |
| 607 | 2-bed | 1,254 sqft | AED 721KAED 720,797 · Jun 2015June 2015 | 54,632 /yr | |
| 609 | 2-bed | 1,254 sqft | AED 721KAED 720,797 · Jun 2015June 2015 | 55,000 /yr | |
| 610 | Studio | 549 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 30,000 /yr | |
| 611 | Studio | 546 sqft | AED 355KAED 354,790 · Mar 2017March 2017 | 30,360 /yr | |
| 612 | Studio | 546 sqft | AED 200KAED 200,000 · Jun 2021June 2021 | 36,000 /yr | |
| 613 | Studio | 273 sqft | AED 175KAED 175,000 · Aug 2024August 2024 | 22,000 /yr | |
| 615 | 2-bed | 1,149 sqft | AED 712KAED 712,252 · Jul 2014July 2014 | 63,000 /yr | |
| 616 | 1-bed | 769 sqft | AED 410KAED 410,238 · Sep 2014September 2014 | 44,000 /yr |
606, Phoenix Tower in numbers
- Sold twice: first on 10 December 2014 for AED 401,650, last on 3 September 2015 for AED 356,824 (AED 650 per sqft).
- Rented since April 2015 on 5 Ejari contracts, from AED 22,680 to AED 30,000 a year.
- At AED 30,000 a year the gross yield on the 2015 price is 8.4%, before a service charge of about AED 8,900 a year (AED 16.19 per sqft).
Source: Dubai Land Department. Updated 26 November 2023.
Questions about 606, Phoenix Tower
What did unit 606 last sell for?
AED 356,824 on 3 September 2015: AED 650 per sqft for 549 sqft. The unit has 2 registered sales; the first was AED 401,650 in December 2014.
What is the rent for unit 606?
AED 30,000 a year on the contract signed on 26 November 2023. The previous contract, from October 2022, was AED 20,500; the unit has been rented since April 2015.
How big is unit 606?
549 sqft (51.0 sqm): a studio on the 6th floor of a 7-storey tower completed in 2009.
What is unit 606 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 606, Phoenix Tower
Starts from the last sale price (AED 357K, 3 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 356,824
- Deposit, UAE resident (20%)
- AED 71,365
- Deposit, non-resident (40%)
- AED 142,730
- Monthly over 25 years at 3.7%
- AED 1,460
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →