Phoenix Tower, Wadi Al Safa 5

    Sold Prices · DLD Data

    Phoenix Tower

    Wadi Al Safa 5, Dubai · Dubai Land Residence Complex

    AED 827

    Avg Price / sqft

    AED 530K

    Avg Sale Price

    15

    DLD Sales Recorded

    8.6%

    Est. Gross Yield

    View listings Explore Arabian Ranches 3

    Market snapshot

    Phoenix Tower — the numbers

    Phoenix Tower is a residential building in Wadi Al Safa 5, Dubai with approximately 116 units. Dubai Land Department records show 15 sales in the building, at an average price of AED 530K — around AED 827 per square foot.

    Since July 2026, 15 sales completed in Phoenix Tower, with the average price per square foot moving from AED 873 to AED 803 (-8%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Wadi Al Safa 5, a typical unit in Phoenix Tower returns an estimated 8.6% gross rental yield before service charges — a useful starting point for investors comparing towers across Wadi Al Safa 5.

    Figures are from Dubai Land Department transaction records for Phoenix Tower; individual units vary by floor, view and finish. Gross yield is estimated against average Wadi Al Safa 5 residential rents, before service charges.

    Price trend

    Price trend in Phoenix Tower

    Average sale price per sqft by month since July 2026-8%

    812838864Jul 26: AED 873/sqft · 5 salesJul 26Sep 26: AED 803/sqft · 10 salesSep 26

    Unit types

    Prices by unit type

    Studio

    AED 452K

    AED 826/sqft

    13 sales · last 12 months

    2 Bed

    AED 1.0M

    AED 828/sqft

    2 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    22 Sept 2026Sales0546AED 400KAED 733
    22 Sept 2026Sales0546AED 415KAED 760
    17 Sept 2026Sales0546AED 495KAED 907
    17 Sept 2026Sales0549AED 400KAED 729
    11 Sept 2026Sales0549AED 495KAED 902
    11 Sept 2026Sales0546AED 495KAED 907
    09 Sept 2026Sales0549AED 400KAED 729
    09 Sept 2026Sales0546AED 400KAED 733
    02 Sept 2026Sales0549AED 400KAED 729
    02 Sept 2026Sales0546AED 495KAED 907
    21 Jul 2026Sales0546AED 495KAED 907
    21 Jul 2026Sales0549AED 495KAED 902
    16 Jul 2026Sales0549AED 495KAED 902
    10 Jul 2026Sales21,254AED 1.2MAED 957
    09 Jul 2026Sales21,254AED 875KAED 698

    About the area

    Phoenix Tower is in Arabian Ranches 3

    Arabian Ranches 3 is a burgeoning residential community in Dubai that caters to families and individuals seeking a harmonious blend of nature and modern living. Developed by Emaar Properties, this area is distinguished by its contemporary three- and four-bedroom townhouses, designed with modern aesthetics and practical layouts, appealing to those who value both comfort and style.

    Explore the Arabian Ranches 3 area guide

    Nearby

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    FAQ

    Phoenix Tower: frequently asked questions

    What is the average price in Phoenix Tower?

    The average recorded sale price in Phoenix Tower, Wadi Al Safa 5 is AED 530K, around AED 827 per square foot, based on Dubai Land Department transaction data.

    Are prices in Phoenix Tower going up or down?

    Average sale prices in Phoenix Tower have eased -8% per square foot since July 2026, across 15 DLD-recorded sales.

    What rental yield can I expect in Phoenix Tower?

    Based on average Wadi Al Safa 5 residential rents against sale prices in the building, a typical unit in Phoenix Tower yields roughly 8.6% gross per year, before service charges and fees.

    How many properties have sold in Phoenix Tower?

    15 sales have been recorded in Phoenix Tower according to DLD data, across approximately 116 units.

    Considering Phoenix Tower?

    Get honest, DLD-backed guidance on pricing, yields and availability in Wadi Al Safa 5 from Binayah's advisors — no pressure, just the numbers.

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