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Ready building · Phoenix Holdings

Phoenix Tower, Wadi Al Safa 5

Highlights

Phoenix Tower at a glance

About Phoenix Tower

Phoenix Tower is a mixed-use building in Wadi Al Safa 5, Dubai, developed by Phoenix Holdings. It holds about 116 units: studios, 1-bedroom apartments, 2-bedroom apartments, commercial units. Depending on the unit, windows look out over Community.

The building was completed in 2012 and has been in use for about 14 years. 16 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 740 per sq ft.

Phoenix Tower is one of 195 buildings in Wadi Al Safa 5: 63 are complete and 116 are still being built.

Phoenix Tower stands out in Wadi Al Safa 5, providing residents with a blend of luxury and comfort. This modern residential tower features elegantly designed apartments, complemented by an array of amenities that cater to the needs of today’s urban lifestyle. With a focus on community living, Phoenix Tower is ideal for families and professionals alike, ensuring an enriching living experience.

Key Features:
  • Prime Location: Situated in Wadi Al Safa 5, residents have easy access to key areas of Dubai, enhancing connectivity and convenience.
  • Contemporary Apartments: The tower features a variety of residential units, designed with modern aesthetics and spacious layouts, ideal for both individuals and families.
  • Luxurious Amenities: Residents can enjoy a range of facilities, including a swimming pool, fitness center, and landscaped gardens, creating a perfect balance of leisure and lifestyle.
  • Community-Centric Design: The tower is part of a vibrant community, encouraging social interaction and engagement among residents, making it an inviting place to live.
  • Investment Potential: With the rapid development of Wadi Al Safa, Phoenix Tower presents a promising opportunity for investors looking to tap into Dubai's real estate market.

Phoenix Tower offers a unique blend of luxury, convenience, and community living, making it an ideal choice for those looking to enjoy the best of what Dubai has to offer.

In a nutshell

  • A mixed-use ready building
  • Located in Wadi Al Safa 5, Dubai
  • Developed by Phoenix Holdings
  • Completed in Q1 2012
  • Unit types: Studio, 1 Bed, 2 Beds, Commercial
  • Sizes from 340 to 1,250 sq ft
  • Views: Community View
  • Service charge from AED 10.95 per sq ft
الحالة
جاهز
المطور
Phoenix Holdings
الموقع
Wadi Al Safa 5, Dubai
مكتمل
Q1 2012
أنواع الوحدات
Studio, 1 Bed, 2 Beds, Commercial
Prices from
AED 329.0K
متوسط السعر لكل sq ft
AED 740
Median gross yield
7.4%
رسوم الخدمات
AED 10.95 per sq ft (2026)
Nearest metro
Academic City, 3.5 km

Building details

Inside Phoenix Tower

Properties in Phoenix Tower

Studios in Phoenix Tower

There are about 70 of these in Phoenix Tower, from 550 sq ft. They have recently sold for a median of AED 495.0K, or AED 900 per sq ft. Owners who resold made a median 21% over what they paid.

1-bedroom apartments in Phoenix Tower

There are about 14 of these in Phoenix Tower, from 770 to 820 sq ft. They have recently sold for a median of AED 332.0K, or AED 430 per sq ft.

2-bedroom apartments in Phoenix Tower

There are about 28 of these in Phoenix Tower, from 1,150 to 1,250 sq ft. They have recently sold for a median of AED 1.0M, or AED 830 per sq ft.

Commercial units in Phoenix Tower

There are about 4 of these in Phoenix Tower, from 340 to 400 sq ft. None has sold recently enough to quote a price.

Unit types in Phoenix Tower with sizes, median prices and rents
نوع الوحدةالوحداتالمساحةالسعر الوسيطMedian rent
استوديو70550 sqft51.1 sqmtAED 495KAED 33K
1 Bed14770 sqft71.5 sqmt – 820 sqft76.2 sqmtAED 332KAED 45K
2 Beds281,150 sqft106.8 sqmt – 1,250 sqft116.1 sqmtAED 1MAED 63K
تجاري4340 sqft31.6 sqmt – 400 sqft37.2 sqmtلا توجد مبيعات حديثة–

Recent transactions in Phoenix Tower

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 415K

    AED 760 /sqftAED 8,181 /sqmt

    جاهزشقة
    546 sqft50.7 sqmtاستوديوالمالك22 Sept 2026

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 400K

    AED 733 /sqftAED 7,890 /sqmt

    جاهزشقة
    546 sqft50.7 sqmtاستوديوالمالك22 Sept 2026

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 495K

    AED 907 /sqftAED 9,763 /sqmt

    جاهزشقة
    546 sqft50.7 sqmtاستوديوالمالك17 Sept 2026

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 400K

    AED 729 /sqftAED 7,847 /sqmt

    جاهزشقة
    549 sqft51 sqmtاستوديوالمالك17 Sept 2026

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 495K

    AED 907 /sqftAED 9,763 /sqmt

    جاهزشقة
    546 sqft50.7 sqmtاستوديوالمالك11 Sept 2026

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 495K

    AED 902 /sqftAED 9,709 /sqmt

    جاهزشقة
    549 sqft51 sqmtاستوديوالمالك11 Sept 2026

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 400K

    AED 729 /sqftAED 7,847 /sqmt

    جاهزشقة
    549 sqft51 sqmtاستوديوالمالك9 Sept 2026

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 400K

    AED 733 /sqftAED 7,890 /sqmt

    جاهزشقة
    546 sqft50.7 sqmtاستوديوالمالك9 Sept 2026

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 495K

    AED 907 /sqftAED 9,763 /sqmt

    جاهزشقة
    546 sqft50.7 sqmtاستوديوالمالك2 Sept 2026

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 400K

    AED 729 /sqftAED 7,847 /sqmt

    جاهزشقة
    549 sqft51 sqmtاستوديوالمالك2 Sept 2026

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 495K

    AED 902 /sqftAED 9,709 /sqmt

    جاهزشقة
    549 sqft51 sqmtاستوديوالمالك21 Jul 2026

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 495K

    AED 907 /sqftAED 9,763 /sqmt

    جاهزشقة
    546 sqft50.7 sqmtاستوديوالمالك21 Jul 2026

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 495K

    AED 902 /sqftAED 9,709 /sqmt

    جاهزشقة
    549 sqft51 sqmtاستوديوالمالك16 Jul 2026

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 1.2M

    AED 957 /sqftAED 10,301 /sqmt

    جاهزشقة
    1,254 sqft116.5 sqmt2 Bedsالمالك10 Jul 2026

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 875K

    AED 698 /sqftAED 7,513 /sqmt

    جاهزشقة
    1,254 sqft116.5 sqmt2 Bedsالمالك9 Jul 2026

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 332.1K

    AED 432 /sqftAED 4,650 /sqmt

    جاهزشقة
    769 sqft71.4 sqmt1 Bedالمالك24 Nov 2025

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 410K

    AED 747 /sqftAED 8,041 /sqmt

    جاهزشقة
    549 sqft51 sqmtاستوديوالمالك16 Oct 2025

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 175K

    AED 641 /sqftAED 6,900 /sqmt

    جاهزشقة
    546 sqft50.7 sqmtاستوديوالمالك23 Aug 2024

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 270K

    AED 492 /sqftAED 5,296 /sqmt

    جاهزشقة
    549 sqft51 sqmtاستوديوالمالك14 Nov 2023

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 550K

    AED 439 /sqftAED 4,725 /sqmt

    جاهزشقة
    1,254 sqft116.5 sqmt2 Bedsالمالك11 Sept 2023

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 45K/yr

    شقةتجديد
    769 sqft71.4 sqmt1 Bedإلى

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 33K/yr

    شقةتجديد
    546 sqft50.7 sqmtاستوديوإلى

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 65K/yr

    شقةعقد جديد
    817 sqft75.9 sqmt1 Bedإلى

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 33K/yr

    شقةتجديد
    546 sqft50.7 sqmtاستوديوإلى

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 36K/yr

    شقةعقد جديد
    549 sqft51 sqmtاستوديوإلى

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 33K/yr

    شقةتجديد
    546 sqft50.7 sqmtاستوديوإلى

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 32K/yr

    شقةتجديد
    549 sqft51 sqmtاستوديوإلى

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 38K/yr

    شقةعقد جديد
    546 sqft50.7 sqmtاستوديوإلى

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 44K/yr

    شقةتجديد
    769 sqft71.4 sqmt1 Bedإلى

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 63K/yr

    شقةتجديد
    1,254 sqft116.5 sqmt2 Bedsإلى

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 42K/yr

    شقةتجديد
    549 sqft51 sqmtاستوديوإلى

  • Phoenix Tower

    Dubai Land Residence Complex

    AED 32K/yr

    شقةتجديد
    546 sqft50.7 sqmtاستوديوإلى

Every sale in Phoenix TowerEvery rent contract in Phoenix Tower

Service charges in Phoenix Tower

The 2026 service charge in Phoenix Tower is AED 10.95 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Service charges in Phoenix Tower
نوع الوحدةRate per sq ftالمساحةYearly charge
تجاري (2026)AED 10.95340 sqft31.6 sqmt – 400 sqft37.2 sqmtAED 3,723 – AED 4,380

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around Phoenix Tower

Transportation near Phoenix Tower

Stations planned on new lines nearby include Academic City (blue line, 3.5 km, about 9 min drive) and Dubai Silicon Oasis (blue line, 4.1 km, about 10 min drive).

  • Academic CityBlue line · 3.5 km · about 9 min drive
  • واحة دبي للسيليكونBlue line · 4.1 km · about 10 min drive
  • International City 2Blue line · 6.4 km · about 15 min drive
  • International City 1Blue line · 7.7 km · about 17 min drive
  • Global VillageGolden line · 7.9 km · about 18 min drive

Shopping and groceries near Phoenix Tower

The closest is Spinneys / Dubai Silicon Oasis, 2.1 km from Phoenix Tower (about 6 min drive).

  • Spinneys / Dubai Silicon OasisSupermarket · 2.1 km · about 6 min drive
  • Dubai Outlet MallShopping Mall · 3.2 km · about 8 min drive
  • Spinneys / International City, France ClusterSupermarket · 7.5 km · about 17 min drive
  • Lulu Express / France Cluster, International CitySupermarket · 7.6 km · about 17 min drive

Restaurants and hotels near Phoenix Tower

The closest is Abidos Hotel Apartments, 0.7 km from Phoenix Tower (about 8 min walk).

  • Abidos Hotel ApartmentsHotel · 0.7 km · about 8 min walk

Parks and leisure near Phoenix Tower

The closest is Global Village, 7.9 km from Phoenix Tower (about 18 min drive).

  • Global VillagePark · 7.9 km · about 18 min drive

Schools near Phoenix Tower

The nearest is GEMS First Point School L.L.C, 0.8 km away. Ratings are the KHDA's latest inspection grades.

  • GEMS First Point School L.L.CUK · KHDA: Very good · 0.8 km
  • The Aquila SchoolUK - International Baccalaureate (1 · KHDA: Good · 1.2 km
  • Lycee Francais International Georges Pompidou School (Dubai Branch)French · KHDA: Very good · 2 km
  • The Indian International School (Dso Branch)Indian · KHDA: Good · 2.3 km
  • Dubai English Speaking School - (College)UK · KHDA: Outstanding · 2.4 km
  • German International School DubaiGerman · KHDA: Not inspected due to COVID 19 · 2.7 km

Other buildings in Wadi Al Safa 5

Wadi Al Safa 5 has 195 buildings. A few others to compare Phoenix Tower with:

  • 09 Life Residences, Wadi Al Safa 5على المخطط

    09 Life Residences

    Wadi Al Safa 5 · Deniz

    Handover 1 Dec 2027 · 7% built

  • A 99, Wadi Al Safa 5على المخطط

    A 99

    Wadi Al Safa 5 · Arabian Gulf

    Handover 31 Oct 2026 · 48% built

  • Aark Terraces, Wadi Al Safa 5على المخطط

    Aark Terraces

    Wadi Al Safa 5 · Aark Developers

    Handover 30 Jun 2028 · 0% built

  • AG 7even, Wadi Al Safa 5على المخطط

    AG 7even

    Wadi Al Safa 5 · AG Properties

    Handover 31 Mar 2027 · 94% built

الكل 195 Wadi Al Safa 5 buildings →

Things to consider about Phoenix Tower

In its favour

  • Owners who resold have made money: a median gain of up to 21%.
  • A median gross yield of 7.4% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Completed 14 years ago: ask about maintenance and any planned refurbishment.

Specialists

Brokers who know Phoenix Tower

These brokers handle sales and lettings in Phoenix Tower and can tell you what is available now.

الأسئلة الشائعة

Phoenix Tower: questions answered

Phoenix Tower was developed by Phoenix Holdings in Wadi Al Safa 5.

Phoenix Tower is completed in Q1 2012.

Across its 20 most recent registered sales, Phoenix Tower sold for a median of AED 740 per sq ft and AED 455.0K per unit.

Recent yearly contracts in Phoenix Tower have a median rent of AED 37.0K.

The median gross yield on recently sold units in Phoenix Tower is 7.4%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in Phoenix Tower is AED 10.95 per sq ft a year, as registered with the Dubai Land Department.

Phoenix Tower has Studio (550 sq ft), 1 Bed (770 to 820 sq ft), 2 Beds (1,150 to 1,250 sq ft), Commercial (340 to 400 sq ft).

Academic City is about 3.5 km from Phoenix Tower.

The nearest schools include GEMS First Point School L.L.C (0.8 km), The Aquila School (1.2 km), Lycee Francais International Georges Pompidou School (Dubai Branch) (2 km).

Buying, selling or renting in Phoenix Tower?

A broker who works Wadi Al Safa 5 will tell you what is available and what comparable homes went for.

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