About Phoenix Tower
Phoenix Tower is a residential building by Phoenix Holdings, in Wadi Al Safa 5, Dubai. The project comprises 116 homes.
Key information
Developer
Phoenix Holdings
- Handover
- Q2 2009
- Status
- Handed over
- Location
- Wadi Al Safa 5, Dubai
- Master project
- Dubai Land Residence Complex
- Construction started
- 2007
- Number of buildings
- 1
- Number of units
- 116
- Service charge
- AED 15/sqft
- Registered with DLD
- 29 Jan 2009
- Escrow account no.
- 00001/01/00017/80
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2007
- Handed overQ2 2009
Amenities
Physical features recorded on the Dubai Land Department buildings register.
8 Floors
Retail & Shops
112 Residential Units
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
165
Median price
AED 402K
Median price / sqft
AED 650+16%
Off-plan share
6%
Priced 40% below than the Wadi Al Safa 5 median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 106 | 547 sqft | AED 368K | AED 673 |
| 1 Bed | 19 | 791 sqft | AED 506K | AED 637 |
| 2 Bed | 36 | 1,227 sqft | AED 825K | AED 672 |
Price per sqft by year
+16% since 2009AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 09 Sept 2026 | Resale | 549 sqft | AED 400K | AED 729 |
| 09 Sept 2026 | Resale | 546 sqft | AED 400K | AED 733 |
| 02 Sept 2026 | Resale | 549 sqft | AED 400K | AED 729 |
| 02 Sept 2026 | Resale | 546 sqft | AED 495K | AED 907 |
| 21 Jul 2026 | Resale | 546 sqft | AED 495K | AED 907 |
| 21 Jul 2026 | Resale | 549 sqft | AED 495K | AED 902 |
| 16 Jul 2026 | Resale | 549 sqft | AED 495K | AED 902 |
| 13 Jul 2026 | Resale | 1,254 sqft | AED 1.2M | AED 957 |
Unit mix
116 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Shop | 4 | - |
| Studio | 70 | 546 - 549 sqft |
| 1 B/R | 14 | 769 - 817 sqft |
| 2 B/R | 28 | 1,149 - 1,254 sqft |
Payment plan
Payment plans are set by Phoenix Holdings and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Wadi Al Safa 5, Dubai.
Wadi Al Safa 5
Dubai, United Arab Emirates
Frequently asked questions
Phoenix Tower has already been handed over (Q2 2009), according to Dubai Land Department records.
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