PHOENIX TOWER
ReadyDeveloperPHOENIX HOLDINGS (L.L.C)
CommunityDubai Land Residence Complex
AreaWadi Al Safa 5
Started
18 years 3 months ago01-10-2007
Handover
16 years 7 months ago01-06-2009
Status
CompleteFinished
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Falling-27%
DeclineCurrent:AED 432/sqft
Last 12M:AED 590/sqft
Momentum: Last 12Mvs Prior Year
Falling-8%
DeclineLast 12M:AED 590/sqft
Prior Year:AED 641/sqft
Community Compare: Last 90DDubai Land Residence Complex
Discount-67%
Below AvgProject:AED 432/sqft
Community:AED 1,307/sqft
Liquidity: Last 12MExit Speed
Low2%Turnover
2Sold (Last 12M)
Supply & Demand Matrix
PHOENIX TOWER averaged 2% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
70 units
1 sold69 left
1%
Velocity
1 Bedroom
14 units
1 sold13 left
7%
Velocity
2 Bedrooms
28 units
0 sold28 left
0%
Velocity
Shop
4 units
0 sold4 left
0%
Velocity
Layouts & Units (116)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 7 units | Type Flat | Beds 1 B/R | Size 769 sqft | Avg Price AED 446K | Last Price AED 332K | Last Sold about 2 months ago | Sales 10 |
Units 28 units | Type Flat | Beds Studio | Size 549 sqft | Avg Price AED 357K | Last Price AED 410K | Last Sold 3 months ago | Sales 39 |
Units 21 units | Type Flat | Beds 2 B/R | Size 1,254 sqft | Avg Price AED 814K | Last Price AED 550K | Last Sold over 2 years ago | Sales 25 |
Units 42 units | Type Flat | Beds Studio | Size 546 sqft | Avg Price AED 363K | Last Price AED 200K | Last Sold over 4 years ago | Sales 51 |
Units 7 units | Type Flat | Beds 1 B/R | Size 817 sqft | Avg Price AED 557K | Last Price AED 523K | Last Sold over 10 years ago | Sales 7 |
Units 7 units | Type Flat | Beds 2 B/R | Size 1,149 sqft | Avg Price AED 807K | Last Price AED 735K | Last Sold over 10 years ago | Sales 9 |
Units S04 | Type Shop | Beds — | Size 342 sqft | Avg Price AED 189K | Last Price AED 189K | Last Sold over 11 years ago | Sales 1 |
Units 3 units | Type Shop | Beds — | Size 400 sqft | Avg Price AED 221K | Last Price AED 223K | Last Sold over 11 years ago | Sales 3 |
8 unique layouts covering 116 units