3-bed · 2,810 sqftSpring Tower, Dubai Silicon Oasis · 11th floor

1101, Spring Tower

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 25 July 2023
Last soldAED 1.63M25 July 2023
Current rentAED 110K /yr5 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1101, Spring Tower

What is 1101 worth today?

Last sold for AED 1,625,000 in 2023

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25 Jul 2023SoldReady
AED 1,625,000AED 578 per sqft
5 Jan 2022RentedNew contract
AED 110,000/yr12 months · AED 39 per sqft
20 Nov 2020RentedRenewal
AED 105,000/yr13 months · AED 37 per sqft
20 Nov 2019RentedRenewal
AED 122,000/yr12 months · AED 43 per sqft
20 Nov 2018RentedNew contract
AED 122,000/yr12 months · AED 43 per sqft
22 Feb 2016Sold by developerReady
AED 842,937AED 300 per sqft

Source: Dubai Land Department. Updated 25 July 2023.

Key facts

Type
3-bed apartment
Size
2,810 sqft
Floor
11th of 25
Parking
P5 22+ P5 23
Service charge
AED 43,400 /yr
Last sold
AED 1.63M · July 2023
Building
Spring Tower

About 1101, Spring Tower

1101 is a three-bedroom apartment of 2,810 sqft on the 11th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 25 July 2023 for AED 1,625,000, or AED 578 per sqft.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 5 January 2022, is AED 110,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 43,400 a year.

Sales and rents for 1101 over time

Rents
Unit 1101, each contractTypical three-bed in Spring Tower
100K150K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 102,500; 2014 AED 110,125; 2015 AED 115,000; 2016 AED 155,000; 2017 AED 125,000; 2018 AED 120,000; 2019 AED 121,000; 2020 AED 107,500; 2021 AED 100,000; 2022 AED 100,000; 2023 AED 109,988; 2024 AED 110,125; 2025 AED 110,000; 2026 AED 125,000New contract, November 2018: AED 122,000 a yearRenewal, November 2019: AED 122,000 a yearRenewal, November 2020: AED 105,000 a yearNew contract, January 2022: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Spring Tower, and where 1101 sits

All 11 3-beds →

Over the last 12 months three-beds sold for AED 2,350,000, around AED 811 per sqft, and rent for AED 75,000 to 160,000 a year. 1101's AED 110,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
11 Aug 20262,350,000
5 May 20262,350,000
7 Apr 20252,275,000
14 Feb 20252,050,000
2 3-bed sales in the last 12 months

Spring Tower

Building

413 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%
Spring Tower, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 11th floor

All 413 units in Spring Tower
Value
11023-bedAED 1.95M · Mar 2024
11031-bedAED 725K · Aug 2024
11042-bedAED 1.05M · Dec 2024
11051-bedAED 766K · May 2016
11062-bedAED 1.19M · Jan 2014
11071-bedAED 583K · Jun 2013
11091-bedAED 390K · Jun 2020
1–7 of 14

1101, Spring Tower in numbers

  • Sold twice: first on 22 February 2016 for AED 842,937, last on 25 July 2023 for AED 1,625,000 (AED 578 per sqft).
  • Rented since November 2018 on 4 Ejari contracts, from AED 122,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 43,400 a year (AED 15.45 per sqft).
  • Three-beds in Spring Tower sold for AED 2,350,000–2,350,000 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 2023.

Questions about 1101, Spring Tower

What did unit 1101 last sell for?

AED 1,625,000 on 25 July 2023: AED 578 per sqft for 2,810 sqft. The unit has 2 registered sales; the first was AED 842,937 in February 2016.

What is the rent for unit 1101?

AED 110,000 a year on the contract signed on 5 January 2022. The previous contract, from November 2020, was AED 105,000; the unit has been rented since November 2018.

How big is unit 1101?

2,810 sqft (261.1 sqm): a three-bedroom apartment on the 11th floor of a 25-storey tower.

What is unit 1101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Spring Tower sold for AED 2,350,000 to 2,350,000 in the last 12 months, around AED 811 per sqft.

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Mortgage on 1101, Spring Tower

Starts from the last sale price (AED 1.63M, 25 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,625,000
Deposit, UAE resident (20%)
AED 325,000
Deposit, non-resident (40%)
AED 650,000
Monthly over 25 years at 3.7%
AED 6,648

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →