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DLD register · 1 Nov 20261,801 not completed1,239 under construction227 past DLD end date · median 7 mo238 registered to end in 2026487,805 units in pipeline
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DLD project no. 1070Completed116 units

Phoenix Tower فينيكس تاور Wadi Al Safa 5 · Dubai Land Residence Complex by Phoenix Holdings (L.L.C)All phases of Dubai Land Residence Complex Completed 1 June 2009 (DLD) DLD end date Jun 2009 DLD register as of 1 November 2026 DLD register as of 1 November 2026. Dates are the ones registered with DLD.

Completed projects cannot be added to My units.

Completed
Jun 2009
DLD end date Jun 2009
Build time
20 months
Oct 2007 → Jun 2009
Latest sales
902 AED/sqft
15 sales
Studio rent
38,000 AED/yr
Gross yield 7.7% · 14 leases
Developer
1 project
1 completed · 116 units delivered

CompletionDLD readings of % built, beside the share of the planned period gone

% built

28 October 2026
Built
100%
Latest DLD register reading: 100% built on 28 October 2026 (register readings: 3).

DLD has no site-inspection readings for this project in our copy.

Every DLD inspection and every change in the register %, newest first
Date % built Source
5 August 2022 100% DLD register, archived export

Source: Dubai Land Department projects register, as of 1 November 2026. Earlier readings: archived DLD projects exports of 5 August 2022, 12 May 2024.

Site timeline

± 6 months

Our imagery reading holds no milestone for this project yet.

Our reading of historical satellite imagery

Registered period and actual build

Registered period
20 monthsActual build
20 months
Start date
1 October 2007
DLD end date
1 June 2009
Completion date
1 June 2009
Completion vs DLD end date
On the date

Source: DLD projects register. Build time: our calculation from DLD’s start and completion dates.

Changes in the DLD register

No change to the end date, status or % built across the register exports we hold.

Source: DLD projects register exports, compared by CraneScore. Planned dates against DLD's completion date. In 69% of completed projects in the register the completion date and the DLD end date are the same day, which suggests DLD sets the end date at completion, so this comparison can show no gap where there was one.

DLD registration

DLD services ↗
DLD project number
1070
Escrow agent
موارد للتمويل (as registered)
Zoning authority
Dubai Development Authority (DDA)
Master project
Dubai Land Residence Complex
DLD area
Wadi Al Safa 5
Units · villas
116 · 0
Start → DLD end
Oct 2007 → Jun 2009
Registered unitsStudio 70 · 1 bed 14 · 2 bed 28; sizes 546–900 sqft

Also registered: shops and showrooms 4.

Counts from DLD's units register; villas from its buildings register. Sizes: the middle half of the homes' registered areas (25th to 75th percentile), villas by built-up area. Source: Dubai Land Department open data (units and buildings registers, export of 5 November 2026), under the Dubai Data Open Data Licence.

DLD's own services for this project, including the Dubai REST app: dubailand.gov.ae

Price historyRegistered sale prices for this project, in AED per sq ft, with the number of sales in each figure.

AED · sqft

No off-plan sales are registered for this project since 2020, so there is no launch price.

Prices are over apartments, the type most sales in this project are.

Registered sales of apartments by bedroom count over the last 24 months, and the median AED/sqft of the latest ready sales (number of sales)
Bedrooms Sales, 24 months Latest median AED/sqft Latest sales
Studio 14 902 (13) May 2026 – Nov 2026

Launch price: median AED/sqft of the project's off-plan home sales in the 90 days from its first one, for a first sale on or after 1 March 2020; Skyline Index uses the same rule. Latest: home sales of the last 12 months after the launch window, ready and off-plan; the change compares the same home types. The bedroom table compares the launch window with the last 6 months (12 when 6 have fewer than 5 sales). Off-plan registrations include developer sales and resales; DLD open data does not tell them apart. Sales more than 4 times off the median are left out.

Median AED/sqft by quarter

2021-Q1 → 2026-Q3

Median AED/sqft of registered sales per quarter (apartments). Source: DLD. Grey dashed line: DLD area Wadi Al Safa 5, median AED/sqft of ready sales of apartments by quarter. A quarter with fewer than 5 sales is left as a gap. The last quarter runs to 5 November 2026.

Registered sales per quarter

Registered sales per quarter, off-plan and ready units. Source: DLD.

Rents and gross yield

New Ejari rent contracts for apartments in this project, 12 months to 5 November 2026, against the 12 months before. Gross yield: the median annual rent over the median registered ready sale price of the same bedroom count in this project over the same 12 months.

Bedrooms Median annual rent New contracts Change on a year earlier Gross yield
Studio AED 38,000 14 +15.2% 7.7%
2 BR AED 60,000 10 -3.2% —

Gross yield is before service charges, other costs and empty months.

New single-unit contracts only; renewals and contracts over several units are left out. A bedroom count shows from 5 contracts, a change needs 5 in both years and a yield 10 ready sales.

Source: Dubai Land Department open data (Ejari rent contracts and registered sales), under the Dubai Data Open Data Licence.

Mortgage registrations

Home mortgages DLD has registered on units in this project, per quarter, in the 12 quarters to 5 November 2026.

Mortgage registrations on homes per quarter. Source: DLD.

Mortgage registrations in the last 4 quarters (2026-Q1 to 2026-Q4): 2; the amount shows from 5 registrations.

Since the first registration in 2023-Q2: 4 in all.

Counts DLD's mortgage registrations on homes in this project, including pre-registrations on off-plan units and lease-to-own registrations; portfolio and developer mortgages are left out. Amounts are the values DLD registers, shown for 5 registrations or more. A registration says nothing about the lender or the terms.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence. DLD Transactions dataset · Licence

Registered sales

The newest sales DLD has registered in this project, as DLD publishes them.

The newest 10 of 16 registered sales in the 12 months to 5 November 2026
DateMarketType Size (sqft) Price (AED) AED/sqft
23 September 2026readyApartment · Studio 546 415,000 760
23 September 2026readyApartment · Studio 546 400,000 733
17 September 2026readyApartment · Studio 546 495,000 907
17 September 2026readyApartment · Studio 549 400,000 729
14 September 2026readyApartment · Studio 546 495,000 907
14 September 2026readyApartment · Studio 549 495,000 902
9 September 2026readyApartment · Studio 546 400,000 733
9 September 2026readyApartment · Studio 549 400,000 729
2 September 2026readyApartment · Studio 546 495,000 907
2 September 2026readyApartment · Studio 549 400,000 729

Each sale as DLD registers it. Off-plan registrations include developer sales and resales, which DLD open data does not tell apart. DLD publishes no buyer or seller names. Shown on this page only, not as a download.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence. DLD Transactions dataset · Licence

LocationWadi Al Safa 5 · Dubai Municipality community

Durrah Al Madeena Grocery · 10 mShua Al Madina · 670 mKP Mart · 680 mGems First Point School (The Villa) · 750 mCentro Courtyard 11 · 750 mCentro Courtyard 10 · 920 mCentro Courtyard 7 · 1.1 kmProject location© OpenStreetMap contributors · Dubai Municipality · Makani
Project location Malls and supermarkets Schools and hospitals Parks and beaches

Places near the project

Straight-line distances from the project’s map pin, rounded to 10 m. The nearest place of each kind.

MallSilicon Central · 1.8 km
SupermarketDurrah Al Madeena Grocery · 10 m
HospitalHLG Umar · 3 km
SchoolGems First Point School (The Villa) · 750 m
ParkCentro Courtyard 11 · 750 m
BeachBeach · 5.6 km

School ratings: KHDA’s school directory ↗ · Report a wrong location

Dubai Municipality · Makani · © OpenStreetMap contributors

New homes within 1.5 km

Open projects within 1.5 km of the pin: 105, with 25,164 units and villas.

2026: 2,4112027: 8,9932028: 8,7702029: 3,5032030: 565No end date: 922

Open projects within 1.5 km of the pin, by DLD end year Highlighted: this project’s DLD end year.

Open projects in Wadi Al Safa 5: 109

Open projects in the same DLD area, by registered sales in 24 months.

Project Built DLD end date AED/sqft, 12 mo Sales, 24 mo
Peace Lagoons by Peace Homes 4.2% Sep 2028 1,410 795
Verdes by Haven 1 17.7% May 2028 1,374 658
Peace Lagoons II by Peace Homes 4% Jan 2029 1,585 553
Cove Grand Residence by Imtiaz 13.4% Dec 2027 1,531 526
Samana Boulevard Heights 2.5% Dec 2028 1,522 526
La Tilia at Villanova Phase 2 10.6% Aug 2028 1,487 477
La Tilia at Villanova Phase 1 13.8% Aug 2028 1,435 456
Samana IBIZA 5.5% Feb 2028 1,426 444
Samana Parkville 13.9% Sep 2028 1,503 419
Athlon By Al Dar 1 27.3% May 2028 1,574 387
The Boulevard By Prestige One 10.6% Nov 2027 1,359 375
Rise by Athlon 1 3.7% Dec 2029 1,657 356

AED/sqft: median of the project’s registered home sales in the last 12 months, ready and off-plan; a dash with too few sales.

Every project in Wadi Al Safa 5

Developer in DLD data Phoenix Holdings (L.L.C) · DLD developer no. 863

Projects registered
1
1 completed · 0 under construction · 0 not started
Units delivered
116
0 in the pipeline

Completed a month or more after their DLD end date: 0 of 1 completed projects with both dates. In 1 of them the completion date equals the DLD end date, which DLD may set at completion, so this count can understate the gap.

Source: DLD projects register, export of 1 November 2026. Medians: our calculation, 3 projects or more.

Other projects in Dubai Land Residence Complex

DLD lists 118 projects in the master project Dubai Land Residence Complex.

Dalmore TowerUnder construction · 95.1% · Apr 2026
Time 2Under construction · 87.1% · Jun 2026
Weybridge Gardens 3Under construction · 23.9% · Aug 2026
Cove Edition Residence 1 By ImtiazUnder construction · 90.2% · Aug 2026
Ag SquareUnder construction · 68.8% · Sep 2026
Cove Edition Residence 2 By ImtiazUnder construction · 60.1% · Oct 2026
A 99Under construction · 47.8% · Oct 2026
Ag CentralUnder construction · 58.7% · Oct 2026
Bliss TowerUnder construction · 92.5% · Dec 2026
Cove Edition Residence 3 By ImtiazUnder construction · 44% · Dec 2026
Reef 1000Under construction · 67.2% · Dec 2026
Lateral OneUnder construction · 72.1% · Dec 2026

Questions about Phoenix Tower

When was Phoenix Tower completed?

Phoenix Tower is recorded as completed on 1 June 2009 (DLD register of 1 November 2026).

Who is the developer of Phoenix Tower?

Phoenix Holdings (L.L.C), as registered with DLD.

What is the DLD project number of Phoenix Tower?

1070.

Source: Dubai Land Department open data: projects register (export of 1 November 2026) and registered sales to 5 November 2026; Dubai Statistics Center price index. Methodology · Report a data error