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Dubai project data

PHOENIX TOWER: rents and rent contracts

فينيكس تاور

Registered sales and rent contracts for the project PHOENIX TOWER in Dubai Land Residence Complex, from Dubai Land Department open data.

PHOENIX TOWER (Dubai Land Residence Complex): 85 registered rent contracts in the 12 months to September 2026, median annual rent AED 35,000. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
17
no comparison vs previous 12 months
Median price per sq ft
AED 760 per sq ft
no comparison vs previous 12 months
Median sale price
AED 495,000
Off-plan share of sales
under 3
Registered rent contracts
85
Median annual rent
AED 35,000
Gross rental yield
under 30 sales (17)
Mortgage registrations
under 3
Units in the register
116

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in PHOENIX TOWER

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Ready17AED 760 per sq ft729 – 907

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Rents and rental yield in PHOENIX TOWER

Registered rent contracts
85
Median annual rent
AED 35,000
Middle range of registered annual rents: AED 30,418 – AED 49,500
Median annual rent per sq ft
AED 55 per sq ft
Gross rental yield
under 30 sales (17)

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Too few ready apartment sales for a gross rental yield: 17 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price per sq ft and rents by unit type in PHOENIX TOWER

Unit typeSalesMedian per sq ftMedian annual rentGross yield
Studio14AED 760 per sq ftAED 32,025under 30 sales (14)
1 bedroomunder 3under 3AED 42,320under 3 sales
2 bedroomsunder 3under 3AED 62,000under 3 sales

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in PHOENIX TOWER

MonthSalesMedian per sq ftRent contracts
Oct 2024under 3under 311
Nov 2024under 3under 310
Dec 2024under 3under 315
Jan 2025under 3under 38
Feb 2025under 3under 37
Mar 2025under 3under 34
Apr 2025under 3under 37
May 2025under 3under 35
Jun 2025under 3under 38
Jul 2025under 3under 37
Aug 2025under 3under 312
Sep 2025under 3under 34
Oct 2025under 3under 311
Nov 2025under 3under 312
Dec 2025under 3under 314
Jan 2026under 3under 38
Feb 2026under 3under 34
Apr 2026under 3under 33
May 2026under 3under 34
Jun 2026under 3under 37
Jul 20265AED 902 per sq ft8
Aug 2026under 3under 36
Sep 202610AED 733 per sq ft7
Sales per calendar year
YearSalesMedian per sq ft
200910AED 702 per sq ft
201448AED 732 per sq ft
201578AED 650 per sq ft
20174AED 650 per sq ft
202110AED 364 per sq ft
20233AED 439 per sq ft

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Location

PHOENIX TOWER is a project in the DLD area Wadi Al Safa 5.

Figures for Dubai Land Residence Complex

Names as in the registered transactions and rent contracts; company names are not shown.

More projects in Dubai Land Residence Complex

Questions about PHOENIX TOWER

How many sales were registered in PHOENIX TOWER?
17 sales were registered in PHOENIX TOWER in Oct 2025 – Sep 2026.
What is the median price per sq ft in PHOENIX TOWER?
The median price of registered sales in PHOENIX TOWER was AED 760 per sq ft in Oct 2025 – Sep 2026.
What is the median annual rent in PHOENIX TOWER?
The median annual rent of registered rent contracts in PHOENIX TOWER was AED 35,000 in Oct 2025 – Sep 2026.
Which DLD area is PHOENIX TOWER in?
PHOENIX TOWER is registered in the Dubai Land Department area Wadi Al Safa 5 (Dubai Land Residence Complex).

Method and source

All Dubai projects with figuresAll Dubai areasHow these figures are calculated

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae