Off-planReady 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
- Status
- Ready
- Developer
- Phoenix Holdings
- Location
- Wadi Al Safa 5, Dubai
- Completed
- Q1 2012
- Unit types
- Studio, 1 Bed, 2 Beds, Commercial
- Prices from
- AED 329.0K
- Median price per sq ft
- AED 740
- Median gross yield
- 7.4%
- Service charge
- 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 type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 70 | 550 sqft51.1 sqmt | AED 495K | AED 33K |
| 1 Bed | 14 | 770 sqft71.5 sqmt – 820 sqft76.2 sqmt | AED 332K | AED 45K |
| 2 Beds | 28 | 1,150 sqft106.8 sqmt – 1,250 sqft116.1 sqmt | AED 1M | AED 63K |
| Commercial | 4 | 340 sqft31.6 sqmt – 400 sqft37.2 sqmt | No recent sales | – |
Sale trends in Phoenix Tower
Median sale price
AED 455K
Median per sq ft
AED 740
Median gross yield
7.4%
Price ranges from the most recent registered sales, by unit type:
- Studios: AED 175.0K to AED 495.0K (546 to 549 sq ft), across 16 sales
- 2-bedroom apartments: AED 550.0K to AED 1.2M (1,254 sq ft), across 3 sales
- 1-bedroom apartments: one sale at AED 332.1K (769 sq ft)
Rental trends in Phoenix Tower
Studio homes in Phoenix Tower were let for AED 32.0K to AED 42.0K a year across 8 recent contracts, with a median of AED 33.0K.
Yearly rents from recent registered contracts, by unit type:
- Studios: AED 32.0K to AED 42.0K a year (546 to 549 sq ft), across 8 contracts
- 1-bedroom apartments: AED 44.0K to AED 65.0K a year (769 to 817 sq ft), across 3 contracts
- 2-bedroom apartments: AED 63.0K a year (1,254 sq ft)
Recent transactions in Phoenix Tower
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| Phoenix Tower, Dubai Land Residence ComplexReadyApartment | AED 415,000AED 760 /sqftAED 8,181 /sqmt | 546 sqft50.7 sqmtStudio | Owner |
| Phoenix Tower, Dubai Land Residence ComplexReadyApartment | AED 400,000AED 733 /sqftAED 7,890 /sqmt | 546 sqft50.7 sqmtStudio | Owner |
| Phoenix Tower, Dubai Land Residence ComplexReadyApartment | AED 400,000AED 729 /sqftAED 7,847 /sqmt | 549 sqft51 sqmtStudio | Owner |
| Phoenix Tower, Dubai Land Residence ComplexReadyApartment | AED 495,000AED 907 /sqftAED 9,763 /sqmt | 546 sqft50.7 sqmtStudio | Owner |
| Phoenix Tower, Dubai Land Residence ComplexReadyApartment | AED 495,000AED 907 /sqftAED 9,763 /sqmt | 546 sqft50.7 sqmtStudio | Owner |
| Phoenix Tower, Dubai Land Residence ComplexReadyApartment | AED 495,000AED 902 /sqftAED 9,709 /sqmt | 549 sqft51 sqmtStudio | Owner |
| Phoenix Tower, Dubai Land Residence ComplexReadyApartment | AED 400,000AED 729 /sqftAED 7,847 /sqmt | 549 sqft51 sqmtStudio | Owner |
| Phoenix Tower, Dubai Land Residence ComplexReadyApartment | AED 400,000AED 733 /sqftAED 7,890 /sqmt | 546 sqft50.7 sqmtStudio | Owner |
| Phoenix Tower, Dubai Land Residence ComplexReadyApartment | AED 400,000AED 729 /sqftAED 7,847 /sqmt | 549 sqft51 sqmtStudio | Owner |
| Phoenix Tower, Dubai Land Residence ComplexReadyApartment | AED 495,000AED 907 /sqftAED 9,763 /sqmt | 546 sqft50.7 sqmtStudio | Owner |
| Phoenix Tower, Dubai Land Residence ComplexReadyApartment | AED 495,000AED 902 /sqftAED 9,709 /sqmt | 549 sqft51 sqmtStudio | Owner |
| Phoenix Tower, Dubai Land Residence ComplexReadyApartment | AED 495,000AED 907 /sqftAED 9,763 /sqmt | 546 sqft50.7 sqmtStudio | Owner |
| Phoenix Tower, Dubai Land Residence ComplexReadyApartment | AED 495,000AED 902 /sqftAED 9,709 /sqmt | 549 sqft51 sqmtStudio | Owner |
| Phoenix Tower, Dubai Land Residence ComplexReadyApartment | AED 1,200,000AED 957 /sqftAED 10,301 /sqmt | 1,254 sqft116.5 sqmt2 Beds | Owner |
| Phoenix Tower, Dubai Land Residence ComplexReadyApartment | AED 875,000AED 698 /sqftAED 7,513 /sqmt | 1,254 sqft116.5 sqmt2 Beds | Owner |
| Phoenix Tower, Dubai Land Residence ComplexReadyApartment | AED 332,111AED 432 /sqftAED 4,650 /sqmt | 769 sqft71.4 sqmt1 Bed | Owner |
| Phoenix Tower, Dubai Land Residence ComplexReadyApartment | AED 410,000AED 747 /sqftAED 8,041 /sqmt | 549 sqft51 sqmtStudio | Owner |
| Phoenix Tower, Dubai Land Residence ComplexReadyApartment | AED 175,000AED 641 /sqftAED 6,900 /sqmt | 546 sqft50.7 sqmtStudio | Owner |
| Phoenix Tower, Dubai Land Residence ComplexReadyApartment | AED 270,000AED 492 /sqftAED 5,296 /sqmt | 549 sqft51 sqmtStudio | Owner |
| Phoenix Tower, Dubai Land Residence ComplexReadyApartment | AED 550,000AED 439 /sqftAED 4,725 /sqmt | 1,254 sqft116.5 sqmt2 Beds | Owner |
Phoenix Tower
Dubai Land Residence Complex
AED 415K
AED 760 /sqftAED 8,181 /sqmt
ReadyApartment546 sqft50.7 sqmtStudioOwner22 Sept 2026Phoenix Tower
Dubai Land Residence Complex
AED 400K
AED 733 /sqftAED 7,890 /sqmt
ReadyApartment546 sqft50.7 sqmtStudioOwner22 Sept 2026Phoenix Tower
Dubai Land Residence Complex
AED 400K
AED 729 /sqftAED 7,847 /sqmt
ReadyApartment549 sqft51 sqmtStudioOwner17 Sept 2026Phoenix Tower
Dubai Land Residence Complex
AED 495K
AED 907 /sqftAED 9,763 /sqmt
ReadyApartment546 sqft50.7 sqmtStudioOwner17 Sept 2026Phoenix Tower
Dubai Land Residence Complex
AED 495K
AED 907 /sqftAED 9,763 /sqmt
ReadyApartment546 sqft50.7 sqmtStudioOwner11 Sept 2026Phoenix Tower
Dubai Land Residence Complex
AED 495K
AED 902 /sqftAED 9,709 /sqmt
ReadyApartment549 sqft51 sqmtStudioOwner11 Sept 2026Phoenix Tower
Dubai Land Residence Complex
AED 400K
AED 729 /sqftAED 7,847 /sqmt
ReadyApartment549 sqft51 sqmtStudioOwner9 Sept 2026Phoenix Tower
Dubai Land Residence Complex
AED 400K
AED 733 /sqftAED 7,890 /sqmt
ReadyApartment546 sqft50.7 sqmtStudioOwner9 Sept 2026Phoenix Tower
Dubai Land Residence Complex
AED 400K
AED 729 /sqftAED 7,847 /sqmt
ReadyApartment549 sqft51 sqmtStudioOwner2 Sept 2026Phoenix Tower
Dubai Land Residence Complex
AED 495K
AED 907 /sqftAED 9,763 /sqmt
ReadyApartment546 sqft50.7 sqmtStudioOwner2 Sept 2026Phoenix Tower
Dubai Land Residence Complex
AED 495K
AED 902 /sqftAED 9,709 /sqmt
ReadyApartment549 sqft51 sqmtStudioOwner21 Jul 2026Phoenix Tower
Dubai Land Residence Complex
AED 495K
AED 907 /sqftAED 9,763 /sqmt
ReadyApartment546 sqft50.7 sqmtStudioOwner21 Jul 2026Phoenix Tower
Dubai Land Residence Complex
AED 495K
AED 902 /sqftAED 9,709 /sqmt
ReadyApartment549 sqft51 sqmtStudioOwner16 Jul 2026Phoenix Tower
Dubai Land Residence Complex
AED 1.2M
AED 957 /sqftAED 10,301 /sqmt
ReadyApartment1,254 sqft116.5 sqmt2 BedsOwner10 Jul 2026Phoenix Tower
Dubai Land Residence Complex
AED 875K
AED 698 /sqftAED 7,513 /sqmt
ReadyApartment1,254 sqft116.5 sqmt2 BedsOwner9 Jul 2026Phoenix Tower
Dubai Land Residence Complex
AED 332.1K
AED 432 /sqftAED 4,650 /sqmt
ReadyApartment769 sqft71.4 sqmt1 BedOwner24 Nov 2025Phoenix Tower
Dubai Land Residence Complex
AED 410K
AED 747 /sqftAED 8,041 /sqmt
ReadyApartment549 sqft51 sqmtStudioOwner16 Oct 2025Phoenix Tower
Dubai Land Residence Complex
AED 175K
AED 641 /sqftAED 6,900 /sqmt
ReadyApartment546 sqft50.7 sqmtStudioOwner23 Aug 2024Phoenix Tower
Dubai Land Residence Complex
AED 270K
AED 492 /sqftAED 5,296 /sqmt
ReadyApartment549 sqft51 sqmtStudioOwner14 Nov 2023Phoenix Tower
Dubai Land Residence Complex
AED 550K
AED 439 /sqftAED 4,725 /sqmt
ReadyApartment1,254 sqft116.5 sqmt2 BedsOwner11 Sept 2023
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| Phoenix Tower, Dubai Land Residence ComplexApartmentRenewal | AED 45,000 | 769 sqft71.4 sqmt1 Bed | to |
| Phoenix Tower, Dubai Land Residence ComplexApartmentRenewal | AED 33,000 | 546 sqft50.7 sqmtStudio | to |
| Phoenix Tower, Dubai Land Residence ComplexApartmentNew contract | AED 65,000 | 817 sqft75.9 sqmt1 Bed | to |
| Phoenix Tower, Dubai Land Residence ComplexApartmentRenewal | AED 33,000 | 546 sqft50.7 sqmtStudio | to |
| Phoenix Tower, Dubai Land Residence ComplexApartmentRenewal | AED 33,000 | 546 sqft50.7 sqmtStudio | to |
| Phoenix Tower, Dubai Land Residence ComplexApartmentRenewal | AED 32,000 | 549 sqft51 sqmtStudio | to |
| Phoenix Tower, Dubai Land Residence ComplexApartmentNew contract | AED 36,000 | 549 sqft51 sqmtStudio | to |
| Phoenix Tower, Dubai Land Residence ComplexApartmentNew contract | AED 38,000 | 546 sqft50.7 sqmtStudio | to |
| Phoenix Tower, Dubai Land Residence ComplexApartmentRenewal | AED 44,000 | 769 sqft71.4 sqmt1 Bed | to |
| Phoenix Tower, Dubai Land Residence ComplexApartmentRenewal | AED 63,000 | 1,254 sqft116.5 sqmt2 Beds | to |
| Phoenix Tower, Dubai Land Residence ComplexApartmentRenewal | AED 42,000 | 549 sqft51 sqmtStudio | to |
| Phoenix Tower, Dubai Land Residence ComplexApartmentRenewal | AED 32,000 | 546 sqft50.7 sqmtStudio | to |
Phoenix Tower
Dubai Land Residence Complex
AED 45K/yr
ApartmentRenewal769 sqft71.4 sqmt1 BedtoPhoenix Tower
Dubai Land Residence Complex
AED 33K/yr
ApartmentRenewal546 sqft50.7 sqmtStudiotoPhoenix Tower
Dubai Land Residence Complex
AED 65K/yr
ApartmentNew contract817 sqft75.9 sqmt1 BedtoPhoenix Tower
Dubai Land Residence Complex
AED 33K/yr
ApartmentRenewal546 sqft50.7 sqmtStudiotoPhoenix Tower
Dubai Land Residence Complex
AED 33K/yr
ApartmentRenewal546 sqft50.7 sqmtStudiotoPhoenix Tower
Dubai Land Residence Complex
AED 32K/yr
ApartmentRenewal549 sqft51 sqmtStudiotoPhoenix Tower
Dubai Land Residence Complex
AED 36K/yr
ApartmentNew contract549 sqft51 sqmtStudiotoPhoenix Tower
Dubai Land Residence Complex
AED 38K/yr
ApartmentNew contract546 sqft50.7 sqmtStudiotoPhoenix Tower
Dubai Land Residence Complex
AED 44K/yr
ApartmentRenewal769 sqft71.4 sqmt1 BedtoPhoenix Tower
Dubai Land Residence Complex
AED 63K/yr
ApartmentRenewal1,254 sqft116.5 sqmt2 BedstoPhoenix Tower
Dubai Land Residence Complex
AED 42K/yr
ApartmentRenewal549 sqft51 sqmtStudiotoPhoenix Tower
Dubai Land Residence Complex
AED 32K/yr
ApartmentRenewal546 sqft50.7 sqmtStudioto
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.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| Retail (2026) | AED 10.95 | 340 sqft31.6 sqmt – 400 sqft37.2 sqmt | AED 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
- Dubai Silicon OasisBlue 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:
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Wadi Al Safa 5 · Mera Home
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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.
Maya Albeik
Property Advisor
Montajab Hasan
Property Advisor
Mohammad Mudassiruddin
Property Advisor
Qais Abu Akar
Assistant Manager
Lenny Marlina Binti Ahmad Nasaruddin
Property Advisor
Hala Stas
Property Advisor
Howard Mall
Senior Property Advisor
Phionah Mbabazi
Property Advisor
FAQs
Phoenix Tower: questions answered
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.