PHOENIX TOWER
MatureDeveloperPHOENIX HOLDINGS (L.L.C)
CommunityDubai Land Residence Complex
AreaWadi Al Safa 5
Started
18 years 3 months ago01-10-2007
Handover
16 years 7 months ago01-06-2009
Status
CompleteFinished
Performance Alpha
Sales Performance
Market Sales: Last 90Dvs Last 12M Baseline
Falling-27%Decline
Current:AED 432/sqft
Last 12M:AED 590/sqft
Momentum: Last 12Mvs Prior Year
Falling-8%Decline
Last 12M:AED 590/sqft
Prior Year:AED 641/sqft
Community Compare: Last 90DDubai Land Residence Complex
Discount-67%Below Avg
Project:AED 432/sqft
Community:AED 1,315/sqft
Liquidity: Last 12MExit Speed
Low2%Turnover
2Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 598/sqft
Range:AED 414 – AED 1K
Avg Unit:AED 39K/yr
Leasing Volume: L12MContracts Signed
Very Active91Total
New:26
Renew:65
Tenant RetentionRenewal Rate
Excellent71%renewals
29% new tenants71% renewals
Gross YieldAnnual Return
High Yield138.4%Yield
Rent:AED 598/sqft
Price:AED 432/sqft
Supply & Demand Matrix
PHOENIX TOWER averaged 2% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
70 units
1 sold69 left
1%
Velocity
1 Bedroom
14 units
1 sold13 left
7%
Velocity
2 Bedrooms
28 units
0 sold28 left
0%
Velocity
Shop
4 units
0 sold4 left
0%
Velocity
Layouts & Units (116)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-7 | Inventory 70units 2 layouts · Typically 1 parking ~7 sqm balcony | Size Range 273-572sqft | Price Range AED 175K - AED 422K | Avg PSF 623 | Sales 91 | Trend — | |
Asset Class 1 Bed FlatFloors 1-7 | Inventory 14units 2 layouts · Typically 1 parking 12-14 sqm balcony | Size Range 769-817sqft | Price Range AED 290K - AED 635K | Avg PSF 593 | Sales 17 | Trend — | |
Asset Class 2 Bed FlatFloors 1-7 | Inventory 28units 2 layouts · Typically 1 parking 12-22 sqm balcony | Size Range 1,149-1,254sqft | Price Range AED 550K - AED 966K | Avg PSF 601 | Sales 34 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 25,710-25,710sqft | Price Range — | Avg PSF 972 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 4units 3 layouts · Typically 1 parking | Size Range 342-400sqft | Price Range AED 189K - AED 223K | Avg PSF 635 | Sales 4 | Trend — |
Grouped into 5 asset classes covering 116 units