1005, Spring Tower
Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, Spring Tower
What is 1005 worth today?
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Source: Dubai Land Department. Updated 25 July 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,287 sqft
- Floor
- 10th of 25
- Parking
- P4 75
- Service charge
- AED 19,900 /yr
- Last sold
- AED 730K · July 2022
- Building
- Spring Tower
About 1005, Spring Tower
1005 is a two-bedroom apartment of 1,287 sqft on the 10th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 25 July 2022 for AED 730,000, or AED 567 per sqft, in line with the AED 555 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 13 January 2021, is AED 60,000 a year: a gross yield of 8.2% on the 2022 price, before the service charge of about AED 19,900 a year.
Sales and rents for 1005 over time
1005 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Spring Tower, and where 1005 sits
All 85 2-beds →1005 last sold in July 2022 at AED 567 per sqft, in line with what two-beds in Spring Tower were fetching at the time (AED 555). Over the last 12 months two-beds sold for AED 948,830 to 1,340,000, around AED 897 per sqft, and rent for AED 50,000 to 104,000 a year. 1005's AED 60,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jul 20269 July 2026 | 1,209 sqft | 1,100,000 | 910 | ||
| 6 Jul 20266 July 2026 | 1,296 sqft | 948,830 | 732 | ||
| 2 Apr 20262 April 2026 | 1,281 sqft | 1,150,000 | 897 | ||
| 21 Nov 202521 November 2025 | 1,626 sqft | 1,340,000 | 824 |
Spring Tower
Building413 apartments, studios to 4-bed over 25 floors in Dubai Silicon Oasis. 23 sold in the last 12 months.
- Typical price per sqft
- AED 878 Up 5.5%
- Typical sale
- AED 803K
- Typical rent
- AED 51K /yr
- Typical yield
- 8.1%
Other units on the 10th floor
All 413 units in Spring Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 722 sqft | AED 581KAED 581,056 · Jul 2014July 2014 | 60,000 /yr | |
| 1002 | 2-bed | 1,296 sqft | AED 949KAED 948,830 · Jul 2026July 2026 | 90,000 /yr | |
| 1003 | 2-bed | 1,271 sqft | AED 1.37MAED 1,368,867 · Oct 2011October 2011 | 90,000 /yr | |
| 1004 | 2-bed | 1,281 sqft | AED 794KAED 794,400 · Jun 2013June 2013 | 73,000 /yr | |
| 1006 | 1-bed | 867 sqft | AED 529KAED 528,840 · May 2013May 2013 | 62,000 /yr | |
| 1007 | 1-bed | 825 sqft | AED 889KAED 888,977 · Feb 2011February 2011 | 47,408 /yr | |
| 1008 | 1-bed | 825 sqft | AED 889KAED 888,977 · May 2010May 2010 | 42,000 /yr | |
| 1009 | 2-bed | 1,287 sqft | AED 798KAED 797,940 · Jun 2013June 2013 | 67,463 /yr | |
| 1010 | 1-bed | 967 sqft | AED 600KAED 599,534 · Jun 2013June 2013 | 66,000 /yr | |
| 1011 | 2-bed | 1,280 sqft | AED 1.38MAED 1,378,215 · May 2010May 2010 | 77,000 /yr | |
| 1012 | 1-bed | 724 sqft | AED 788KAED 788,014 · Jun 2013June 2013 | 68,000 /yr | |
| 1013 | 2-bed | 1,296 sqft | AED 1.4MAED 1,396,072 · Dec 2011December 2011 | 95,000 /yr | |
| 1014 | 1-bed | 722 sqft | AED 425KAED 425,000 · Dec 2014December 2014 | 61,000 /yr |
1005, Spring Tower in numbers
- Sold twice: first on 9 November 2010 for AED 1,386,207, last on 25 July 2022 for AED 730,000 (AED 567 per sqft).
- Rented since January 2017 on 5 Ejari contracts, from AED 95,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2022 price is 8.2%, before a service charge of about AED 19,900 a year (AED 15.45 per sqft).
- Two-beds in Spring Tower sold for AED 948,830–1,340,000 in the 12 months to November 2026; the building's median across all types is AED 878 per sqft.
Source: Dubai Land Department. Updated 25 July 2022.
Questions about 1005, Spring Tower
What did unit 1005 last sell for?
AED 730,000 on 25 July 2022: AED 567 per sqft for 1,287 sqft. The unit has 2 registered sales; the first was AED 1,386,207 in November 2010.
What is the rent for unit 1005?
AED 60,000 a year on the contract signed on 13 January 2021. The previous contract, from January 2019, was AED 80,000; the unit has been rented since January 2017.
How big is unit 1005?
1,287 sqft (119.6 sqm): a two-bedroom apartment on the 10th floor of a 25-storey tower.
What is unit 1005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Spring Tower sold for AED 948,830 to 1,340,000 in the last 12 months, around AED 897 per sqft.
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Mortgage on 1005, Spring Tower
Starts from the last sale price (AED 730K, 25 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 730,000
- Deposit, UAE resident (20%)
- AED 146,000
- Deposit, non-resident (40%)
- AED 292,000
- Monthly over 25 years at 3.7%
- AED 2,987
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →