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Phoenix Tower, Dubai Residence ComplexReady

Phoenix Tower, Dubai Residence Complex

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HIGHLIGHTS

About Phoenix Tower

Phoenix Tower is a low-rise residential building in Dubai Residential Complex. It consists of one ground floor and seven residential floors featuring studio, 1-bed and 2-bedroom units. The building features two levels of basement parking and multiple retail stores at the ground level.

Dubai Residence Complex is a promising new neighbourhood in Dubailand. Among the upcoming projects, DRC is rapidly emerging as the most influential real estates in the vibrant district of Dubailand. Dubai Residence Complex is strategically located alongside the Dubai – Al Ain Road (E66) and Emirates Road (E611). These highways connect to many prime areas, including business districts like Downtown Dubai, Dubai World Trade Centre, DIFC, Dubai and Business Bay.

IN A NUTSHELL

  • Type of building: Residential
  • Location: Dubai Residence Complex
  • Number of floors: 2 basement levels, a ground floor and 7 residential floors
  • Unit type: Studio, 1 and 2-bedroom apartments
  • Type of ownership: Freehold
  • Amenities: Basement parking, 24-hour security, retail stores
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BUILDING DETAILS

Facilities in Phoenix Tower

Parking

parking outside Phoenix Tower
Multiple parking spaces are available outside Phoenix Tower

Residents can park their cars safely in the covered parking area on two basement levels. While there is no parking for visitors inside the building, they can find a spot nearby.

Elevators

There are multiple high-speed elevators in the building which provide access to all floors.

Security, Central Air-Conditioning and Maintenance Services 

Residents feel safe in the building as it offers 24-hour security services to residents. The tower is maintained properly and pay its utility charges to DEWA.

Lifestyle Amenities

Phoenix Tower Restaurants
Restaurant on the ground floor of Phoenix Tower

There are multiple retail shops on the ground floor of the building.

Concierge and Guest Services 

The building offers 24-hour front desk services to assist residents and visitors. It also provides round-the-clock concierge services to assist you with day-to-day matters. Guests can unwind at the high-end lobby of the building.

Apartment Types in Phoenix Tower

Apartments in Phoenix Tower, Dubai are divided into studios, 1-bedroom and 2-bedroom units.

Studio Apartments in Phoenix Tower

Studio apartments in Phoenix Tower come in an average surface area of 549 sq. ft. Featuring a generous living space, one can find a fitted kitchen and a modern bathroom in each of these apartments.

1-Bedroom Apartments in Phoenix Tower

The 1-bedroom apartments typically come with an area of 817 sq. ft. The master bedroom comes with a single bathroom and has built-in wardrobes. There are fully-fitted kitchens. An additional feature of this residential unit is the lavish balconies, which provide fresh air and natural light into the apartment.

2-Bedroom Apartments in Phoenix Tower

Built on an average surface area of 1,148 sq. ft. these larger 2-bedroom apartments come with facilities like two bathrooms, large living halls, two master bedrooms and fitted kitchens. Each unit comes with high-end quality finishes and spacious layouts.

Studio
1-Bed
2-Bed
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Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 12 hours ago

According to Bayut, 2-bedroom flats in Phoenix Tower enjoy the highest popularity. They are followed by studio apartments in the second spot. 1-bed apartments take up the third position on the list.

  • Studio flats in Phoenix Tower have the rental prices ranging from AED 20k to AED 22k per annum
  • The rental prices for 1-bedroom units range between AED 30k and AED 32k yearly
  • Average rental price of a 2-bedroom unit is AED 43k per annum

The apartments for rent in Phoenix Tower have been built for you to experience life in DRC at a whole new level. These properties are within proximity to Dubai’s key areas like Dubai Internet City, Dubai Media City, Metro Bus Station, and many more. For more options, one can browse apartments for rent in Dubai Residence Complex.

Apartments for sale in Phoenix Tower has the following price trends:

  • 1-bedroom units have the average sale price of AED 330k

Since there are not many options available in the building, one can find more apartments for sale in Dubai Residence Complex.

Rental Yield in Phoenix Tower

1-bedroom in Phoenix Tower, Dubai Residence Complex is the most profitable with an ROI of 7.2%

Service Charges in Phoenix Tower

GENERAL FUNDPRICE PER SQ. FT. IN AED
Services
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General upkeep of the building
2.65
Maintenance
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General repairs and replacements
1.90
Utilities Services
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Charges for using DEWA/district cooling facilities and meters
7.02
Management Services
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Owner’s association charges for managing the property
2.27
Insurance
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Charge for the insurance of the building
0.13
Master Community
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Fees for communal facilities in the neighbourhood
1.32
Reserved Fund
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Funds used for major repairs and to help maintain the yearly service charges fees
0.43
Total 15.72

These figures are based on the services charges for Phoenix Tower* as per the Dubai Land Department.

There are many different types of Dubai service charges, read up on the service charges guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

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NEARBY AMENITIES

Transportation near Phoenix Tower

The most convenient mode of commuting from Phoenix Tower is with a personal vehicle. People looking for public transport options may find several bus stations nearby.

Bus Stations near Phoenix Tower

There are many bus stations available at a walking distance from Phoenix Tower. Dubai Sky Courts, Al Sondos Orchid and Dubai Sky Courts, Windsor Residence are the nearest bus stops available at an 8-minute walking distance. Dubai Sky Courts, Nilona Residence Bus stop and Dubai Sky Courts, Ajmal Sarah Tower Bus stop are accessible within 11 minutes, on foot.

Metro Stations near Phoenix Tower 

The nearest metro station is Rashidya, which takes 23 minutes to reach via car. One can find metro timings and cost on Bayut’s Dubai Metro Guide.

Restaurants near Phoenix Tower

There is an abundance of restaurants near the Phoenix Tower. Some are:

  • Cold Stone Creamery
  • Baskin Robbins 
  • Gelatomio
  • 800 Pizza
  • Four Square Café & Restaurant
  • Eat & Drink Restaurant

Several eateries have made their way into the neighbourhood. 800 Pizza, Four Square Café & Restaurant and Eat & Drink Restaurant are the nearest ones. Being close to many vibrant communities, residents can also enjoy an abundance of other dining options only a short drive away.

Ladurée Bakery offers French macarons and many desserts. Baskin Robbins, Cold Stone Creamery and Gelatomio offer a variety of ice creams and frozen desserts. Dolma House is a perfect choice for enjoying Turkish and Russian cuisine. It is located in the food court of Dubai Outlet Mall and offers healthy food items like shawarma, grilled items and different types of soup.

Supermarkets near Phoenix Tower

One can find numerous supermarkets near Phoenix Tower. Some are:

  • West Zone Fresh Supermarket
  • Shua Al Madina Supermarket
  • EMC Mini Mart

West Zone Fresh Supermarket is one of the supermarkets in Dubai to rely on completely for shopping. It is just a 13-minute drive away and has everything in store from fresh groceries to electronic items.

Some other supermarkets in the neighbourhood include Shua Al Madina Supermarket in the Durar 1 building, KeyPee Market in Abidos Hotel Apartments complex and the EMC Mini Mart in the Solitaire Cascades complex.

NEARBY BUILDINGS

Following are the building located near Phoenix Tower, Dubai:

  • Munira Residence
  • Blue Wave Tower
  • Nuaimi Residence
  • Al Sondos – Lilac

Al Sondos Lilac is just 2-minute walk away from the building. Nuaimi Residence is located at a 10-minute walking distance and offers 1 and 2-bedroom apartments. It offers facilities like a swimming pool, gymnasium, play area and reserved parking.

Blue Wave Tower is an upscale project in the area, a 6-minute drive away from Phoenix Tower. This project by Tiger Properties comes with fully-furnished apartments available in studios, 1-bedroom and 2-bedroom configurations.

Major Landmarks

Lush green polo fields at Al Habtoor Polo Resort and Club
Al Habtoor Polo Resort & Club is a state-of-the-art polo and equestrian club

Notable landmarks nearby include:

At the intersection of Emirates Road and Al Ain Road, one will find many equestrian clubs, a perfect choice for those interested in horse riding. These clubs include Al Hamra Equestrian LLC and Hobbies Club. One will also find many horse riding schools and stables like Al Ruwayyah Stable Riding School, Elite Rangers Jumping and Racing Stable.

For polo lovers, Al Habtoor Polo Resort features four lush green polo fields. Apart from this, one will find many recreational activities like archery, tennis courts, a mini-golf facility, snooker and many board games. It is ideally located close by, 9-minute drive away towards the Emirates Road.

THINGS TO CONSIDER

Phoenix Tower in DRC offers spacious, furnished units. However, since Dubai Residential Complex is still under process, residents may face challenges finding many necessary facilities like schools and clinics in the nearest vicinity

Are you looking to buy or rent apartments in Phoenix Tower?
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