607, Phoenix Tower
Sold prices and rental history: sold once, by the developer in June 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 607, Phoenix Tower
What is 607 worth today?
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Source: Dubai Land Department. Updated 1 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,254 sqft
- Floor
- 6th of 7
- Parking
- B2-22
- Developer
- Phoenix Holdings
- Completed
- 2009
- Service charge
- AED 20,300 /yr
- Last sold
- AED 721K · June 2015
- Building
- Phoenix Tower
About 607, Phoenix Tower
607 is a two-bedroom apartment of 1,254 sqft on the 6th floor of Phoenix Tower, a 7-storey tower in Dubailand Residence Complex completed in 2009 by Phoenix Holdings. The developer sold it on 30 June 2015 for AED 720,797, or AED 574 per sqft, 22% below the AED 736 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 54,632 a year: a gross yield of 7.6% on the 2015 price, before the service charge of about AED 20,300 a year.
Sales and rents for 607 over time
607 has sold once; the dashed line is the two-bed median of each year in the building.
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 607 sits
All 28 2-beds →607 last sold in June 2015 at AED 574 per sqft, 22% below what two-beds in Phoenix Tower were fetching at the time (AED 736). 607's AED 54,632 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Sep 202311 September 2023 | 1,254 sqft | 550,000 | 438 | ||
| 26 Mar 201726 March 2017 | 1,254 sqft | 814,886 | 649 | ||
| 8 Oct 20158 October 2015 | 1,149 sqft | 735,251 | 639 | ||
| 8 Oct 20158 October 2015 | 1,149 sqft | 735,251 | 639 |
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 | |
| 606 | Studio | 549 sqft | AED 357KAED 356,824 · Sep 2015September 2015 | 30,000 /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 |
607, Phoenix Tower in numbers
- Sold once: by Phoenix Holdings on 30 June 2015 for AED 720,797, or AED 574 per sqft.
- Rented since August 2015 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 43,000 in 2021 and recovered to AED 54,632 by December 2024.
- At AED 54,632 a year the gross yield on the 2015 price is 7.6%, before a service charge of about AED 20,300 a year (AED 16.19 per sqft).
Source: Dubai Land Department. Updated 1 December 2024.
Questions about 607, Phoenix Tower
What did unit 607 last sell for?
AED 720,797 on 30 June 2015, sold by the developer: AED 574 per sqft for 1,254 sqft. It is the only registered sale of the unit.
What is the rent for unit 607?
AED 54,632 a year on the contract renewed on 1 December 2024. The previous contract, from December 2023, was AED 49,665; the unit has been rented since August 2015.
How big is unit 607?
1,254 sqft (116.5 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.
What is unit 607 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 607, Phoenix Tower
Starts from the last sale price (AED 721K, 30 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 720,797
- Deposit, UAE resident (20%)
- AED 144,159
- Deposit, non-resident (40%)
- AED 288,319
- Monthly over 25 years at 3.7%
- AED 2,949
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →