Phoenix Tower, Dubai Land Residence Complex: sale prices and transactions

Phoenix Tower is a project registered with the Dubai Land Department (project no. 1070) in Dubai Land Residence Complex. Since June 2009, 167 residential sales have been registered there, the latest in September 2026. Over the last 12 months, 16 sales closed at a median AED 8,945 per m² (AED 831 per sq ft).

  • AED 8,945median price per m²
  • AED 831median price per sq ft
  • 167sales since 2009
  • 16sales in 12 months
  • 112registered homes

Its price per m² is 40.9% below the Dubai Land Residence Complex median (AED 15,123/m²). 94% of sales are completed homes: an established project with a resale track record.

Phoenix Tower prices by bedroom

Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).

Unit typeSalesMedian priceMedian size
Apartment · Studio13AED 495,00051 m²

Phoenix Tower price history

YearSalesMedian / m²Median / sq ftChange
202110AED 3,933AED 365—
2026 (to mid-October)15AED 9,706AED 902—

Phoenix Tower rents

78 Ejari contracts started in the project over the last 12 months. Indicative gross yield: studio 6.7%.

Unit typeContractsMedian annual rentMiddle 50% rangeNew leases
Apartment · Studio47AED 33,00030,000 – 35,000AED 35,500
Apartment · 1 bedroom10AED 43,16039,675 – 45,000—
Apartment · 2 bedrooms21AED 62,00060,000 – 63,000AED 63,000

Registered homes at Phoenix Tower

The DLD register lists 112 homes for this project across 1 building (up to 8 floors), with a median size of 51 m².

  • Studio: 70
  • 1 bedroom: 14
  • 2 bedrooms: 28

Location

  • Landmark: IMG World Adventures

Neighbouring projects in Dubai Land Residence Complex

Same price per m² elsewhere in Dubai

Other projects in Dubai Land Residence Complex

Dubai Land Residence Complex property prices · Dubai Land Residence Complex rents · Dubai property prices

Frequently asked questions

What is the price per sq ft at Phoenix Tower?

Over the last 12 months the median is AED 831 per sq ft (AED 8,945 per m²) across 16 DLD sales.

How much is a studio at Phoenix Tower?

Median sale price AED 495,000 for a median 51 m², across 13 sales over the last 12 months.

How many sales have been registered at Phoenix Tower?

167 residential sales registered with the DLD between June 2009 and September 2026, 6% of them off-plan.

Where is Phoenix Tower?

In Dubai Land Residence Complex (DLD area Wadi Al Safa 5), Dubai.

Sources and method

Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.

Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.

Registered units: DLD "Units" and "Buildings" datasets (data.dubai).

Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.