2-bed · 1,149 sqftPhoenix Tower, Dubailand Residence Complex · 6th floor · completed 2009

615, Phoenix Tower

Sold prices and rental history: sold once, by the developer in July 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 615 · DLD and Ejari recordsUpdated 21 October 2025
Last soldAED 712K1 July 2014
Current rentAED 63K /yr21 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 615, Phoenix Tower

What is 615 worth today?

Last sold for AED 712,252 in 2014

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21 Oct 2025RentedRenewal
AED 63,000/yr12 months · AED 55 per sqft
21 Oct 2024RentedNew contract
AED 63,000/yr12 months · AED 55 per sqft
3 Jul 2023RentedRenewal
AED 49,450/yr12 months · AED 43 per sqft
3 Jun 2022RentedRenewal
AED 43,000/yr13 months · AED 37 per sqft
20 Dec 2019RentedNew contract
AED 43,000/yr12 months · AED 37 per sqft
1 Oct 2018RentedNew contract
AED 54,000/yr12 months · AED 47 per sqft
1 Aug 2017RentedRenewal
AED 60,638/yr12 months · AED 53 per sqft
1 Aug 2016RentedRenewal
AED 57,750/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 21 October 2025.

Key facts

Type
2-bed apartment
Size
1,149 sqft
Floor
6th of 7
Parking
B2-30
Developer
Phoenix Holdings
Completed
2009
Service charge
AED 18,600 /yr
Last sold
AED 712K · July 2014

About 615, Phoenix Tower

615 is a two-bedroom apartment of 1,149 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 1 July 2014 for AED 712,252, or AED 619 per sqft, 8% above the AED 574 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 21 October 2025, is AED 63,000 a year: a gross yield of 8.8% on the 2014 price, before the service charge of about AED 18,600 a year.

Sales and rents for 615 over time

Sales
Unit 615, each saleTypical two-bed in Phoenix Tower
700K800K900K2009201120132015Typical sale price by year: 2009 AED 923,722; 2014 AED 720,797; 2015 AED 802,349Sold by developer, July 2014: AED 712,252 (AED 619 per sqft)

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

Rents
Unit 615, each contractTypical two-bed in Phoenix Tower
40K50K60K2014201820222026Typical 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 63,000New contract, August 2015: AED 55,000 a yearRenewal, August 2016: AED 57,750 a yearRenewal, August 2017: AED 60,638 a yearNew contract, October 2018: AED 54,000 a yearNew contract, December 2019: AED 43,000 a yearRenewal, June 2022: AED 43,000 a yearRenewal, July 2023: AED 49,450 a yearNew contract, October 2024: AED 63,000 a yearRenewal, October 2025: AED 63,000 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 615 sits

All 28 2-beds →

615 last sold in July 2014 at AED 619 per sqft, 8% above what two-beds in Phoenix Tower were fetching at the time (AED 574). 615's AED 63,000 is in the upper half 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 6th floor

All 110 units in Phoenix Tower
Value
6012-bedAED 670K · Sep 2014
602StudioAED 357K · Sep 2015
603StudioAED 355K · Sep 2015
604StudioAED 355K · Sep 2015
605StudioAED 355K · Sep 2015
606StudioAED 357K · Sep 2015
6072-bedAED 721K · Jun 2015
1–7 of 13

615, Phoenix Tower in numbers

  • Sold once: by Phoenix Holdings on 1 July 2014 for AED 712,252, or AED 619 per sqft.
  • Rented since August 2015 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 43,000 in 2022 and recovered to AED 63,000 by October 2025.
  • At AED 63,000 a year the gross yield on the 2014 price is 8.8%, before a service charge of about AED 18,600 a year (AED 16.19 per sqft).

Source: Dubai Land Department. Updated 21 October 2025.

Questions about 615, Phoenix Tower

What did unit 615 last sell for?

AED 712,252 on 1 July 2014, sold by the developer: AED 619 per sqft for 1,149 sqft. It is the only registered sale of the unit.

What is the rent for unit 615?

AED 63,000 a year on the contract renewed on 21 October 2025. The previous contract, from October 2024, was AED 63,000; the unit has been rented since August 2015.

How big is unit 615?

1,149 sqft (106.7 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.

What is unit 615 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 615, Phoenix Tower

Starts from the last sale price (AED 712K, 1 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 712,252
Deposit, UAE resident (20%)
AED 142,450
Deposit, non-resident (40%)
AED 284,901
Monthly over 25 years at 3.7%
AED 2,914

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