710, Phoenix Tower
Sold prices and rental history: sold 3 times, last in June 2021, 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 710, Phoenix Tower
What is 710 worth today?
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Source: Dubai Land Department. Updated 5 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 549 sqft
- Floor
- 7th of 7
- Parking
- B2-41
- Developer
- Phoenix Holdings
- Completed
- 2009
- Service charge
- AED 8,900 /yr
- Last sold
- AED 200K · June 2021
- Building
- Phoenix Tower
About 710, Phoenix Tower
710 is a studio of 549 sqft on the 7th floor of Phoenix Tower, a 7-storey tower in Dubailand Residence Complex completed in 2009 by Phoenix Holdings. It last sold on 29 June 2021 for AED 200,000, or AED 364 per sqft, in line with the AED 364 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 5 November 2024, is AED 29,900 a year: a gross yield of 14.9% on the 2021 price, before the service charge of about AED 8,900 a year.
Sales and rents for 710 over time
710 has sold 3 times; 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 710 sits
All 68 studios →710 last sold in June 2021 at AED 364 per sqft, in line with what studios in Phoenix Tower were fetching at the time (AED 364). 710's AED 29,900 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 | 546 sqft | 200,000 | 366 |
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 7th floor
All 110 units in Phoenix Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,254 sqft | AED 815KAED 814,886 · Mar 2017March 2017 | 58,000 /yr | |
| 702 | Studio | 549 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 25,875 /yr | |
| 703 | Studio | 546 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 30,418 /yr | |
| 704 | Studio | 546 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 33,000 /yr | |
| 705 | Studio | 546 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 35,000 /yr | |
| 706 | Studio | 549 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 29,800 /yr | |
| 707 | 2-bed | 1,254 sqft | AED 721KAED 720,797 · Jun 2015June 2015 | 63,000 /yr | |
| 708 | 1-bed | 817 sqft | AED 495KAED 495,289 · Jun 2015June 2015 | 39,000 /yr | |
| 709 | 2-bed | 1,254 sqft | AED 721KAED 720,797 · Jun 2015June 2015 | 49,450 /yr | |
| 711 | Studio | 546 sqft | AED 355KAED 354,790 · Mar 2017March 2017 | 33,000 /yr | |
| 712 | Studio | 546 sqft | AED 200KAED 200,000 · Jun 2021June 2021 | 29,900 /yr | |
| 713 | Studio | 546 sqft | AED 355KAED 354,790 · Mar 2017March 2017 | 30,550 /yr | |
| 714 | Studio | 549 sqft | AED 200KAED 200,000 · Jun 2021June 2021 | 37,000 /yr | |
| 715 | 2-bed | 1,149 sqft | AED 712KAED 712,252 · Jun 2015June 2015 | 62,004 /yr | |
| 716 | 1-bed | 769 sqft | AED 330KAED 330,000 · May 2023May 2023 | 32,000 /yr |
710, Phoenix Tower in numbers
- Sold 3 times: first on 16 June 2009 for AED 401,650, last on 29 June 2021 for AED 200,000 (AED 364 per sqft).
- Rented since August 2014 on 8 Ejari contracts, from AED 21,600 to AED 29,900 a year.
- At AED 29,900 a year the gross yield on the 2021 price is 14.9%, before a service charge of about AED 8,900 a year (AED 16.19 per sqft).
Source: Dubai Land Department. Updated 5 November 2024.
Questions about 710, Phoenix Tower
What did unit 710 last sell for?
AED 200,000 on 29 June 2021: AED 364 per sqft for 549 sqft. The unit has 3 registered sales; the first was AED 401,650 in June 2009.
What is the rent for unit 710?
AED 29,900 a year on the contract signed on 5 November 2024. The previous contract, from November 2023, was AED 26,000; the unit has been rented since August 2014.
How big is unit 710?
549 sqft (51.0 sqm): a studio on the 7th floor of a 7-storey tower completed in 2009.
What is unit 710 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 710, Phoenix Tower
Starts from the last sale price (AED 200K, 29 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 200,000
- Deposit, UAE resident (20%)
- AED 40,000
- Deposit, non-resident (40%)
- AED 80,000
- Monthly over 25 years at 3.7%
- AED 818
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →