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Phoenix Tower is a completed apartment development by PHOENIX HOLDINGS (L.L.C) in Dubai Land Residence Complex, Wadi Al Safa 5, comprising 116 registered units. 161 sales are registered with the Dubai Land Department, at a current PIX© price of AED 769 per sqft. At AED 769 per sqft, Phoenix Tower prices 43% below the Dubai Land Residence Complex average of AED 1,344 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 342 – 1,254 sqft | 116 | 554K | 769 | ↑107.8% | 41K | 7.5% | |
| Residential | |||||||
Studio · Apartment 546 – 549 sqft | 70 | ||||||
1 Bed · Apartment 769 – 817 sqft | 14 | ||||||
2 Bed · Apartment 1,149 – 1,254 sqft | 28 | ||||||
| Commercial | |||||||
Shop 342 – 400 sqft | 4 | — | — | — | — | ||
| Date | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 21 Jul 2026 | Floor 1 | 546 | 495,000 | 907 | +17.3% | Standard | Standard Sale |
| 21 Jul 2026 | Floor 2 | 549 | 495,000 | 902 | +17.3% | Standard | Standard Sale |
| 16 Jul 2026 | Floor 1 | 549 | 495,000 | 902 | +17.3% | Standard | Standard Sale |
| Floors | Median Rent / Yr |
|---|---|
| All floors | 171 rentals |
| Floors 1-3 | 60 rentals |
| Floors 4-5 | 52 rentals |
| Floors 6-7 | 59 rentals |
| Start Date | Unit | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 15 Sep 2026 | 2 Bed | 1,254 | 60,000 | 48 | — | Entry Level | renewal |
| 1 Sep 2026 | — | 400 | 41,840 | 105 | — | Standard | renewal |
| 1 Sep 2026 | — | 400 | 41,840 | 105 | — | Standard | renewal |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Dubai Land Residence Complex
The closest-priced registered projects in Dubai Land Residence Complex.
- Maya 2AED 762/sqft
- Sky CourtsAED 725/sqft
- Indigo TowerAED 723/sqft
- Desert Sun TowerAED 832/sqft
- Ajmal SarahAED 682/sqft
- Etlalah 1AED 859/sqft
Common questions about Phoenix Tower
Answered from Dubai Land Department registered transactions.
How much does a property in Phoenix Tower cost?
Property in Phoenix Tower sells at a current PIX© price of AED 769 per sqft, or about AED 554,244 for a typical unit, based on 161 sales registered with the Dubai Land Department.
Is Phoenix Tower completed?
Yes. Phoenix Tower is recorded as completed in the Dubai Land Department project register (completed q2 2009).
Who is the developer of Phoenix Tower?
Phoenix Tower is developed by PHOENIX HOLDINGS (L.L.C), the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Phoenix Tower?
Phoenix Tower yields 7.5% gross, calculated from current PIX© rent against current PIX© sale price, across 1,084 registered Ejari contracts.
How many units are in Phoenix Tower?
Phoenix Tower holds 116 registered units, per the Dubai Land Department unit register.
Have prices in Phoenix Tower gone up or down?
Price per sqft has risen +107.8% over the last 12 months, to AED 769, across 161 registered sales.