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3-bed · 2,833 sqftSpring Tower, Dubai Silicon Oasis · 11th floor

1102, Spring Tower

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 22 March 2024
Last soldAED 1.95M22 March 2024
Current rentAED 105K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1102, Spring Tower

What is 1102 worth today?

Last sold for AED 1,950,000 in 2024

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22 Mar 2024SoldReady
AED 1,950,000AED 688 per sqft
1 Aug 2023RentedRenewal
AED 105,000/yr12 months · AED 37 per sqft
1 Aug 2022RentedRenewal
AED 100,000/yr12 months · AED 35 per sqft
1 Aug 2021RentedNew contract
AED 100,000/yr12 months · AED 35 per sqft
30 Mar 2021RentedRenewal
AED 123,000/yr12 months · AED 43 per sqft
30 Mar 2020RentedNew contract
AED 123,000/yr12 months · AED 43 per sqft
30 Mar 2019RentedNew contract
AED 123,000/yr12 months · AED 43 per sqft
5 Apr 2018RentedRenewal
AED 120,000/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 22 March 2024.

Key facts

Type
3-bed apartment
Size
2,833 sqft
Floor
11th of 25
Parking
P5 21+P5 20
Service charge
AED 43,800 /yr
Last sold
AED 1.95M · March 2024
Building
Spring Tower

About 1102, Spring Tower

1102 is a three-bedroom apartment of 2,833 sqft on the 11th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 22 March 2024 for AED 1,950,000, or AED 688 per sqft.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 105,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 43,800 a year.

Sales and rents for 1102 over time

Rents
Unit 1102, 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, April 2013: AED 110,000 a yearNew contract, April 2014: AED 110,000 a yearNew contract, April 2015: AED 110,000 a yearRenewal, April 2016: AED 110,000 a yearNew contract, April 2017: AED 120,000 a yearRenewal, April 2018: AED 120,000 a yearNew contract, March 2019: AED 123,000 a yearNew contract, March 2020: AED 123,000 a yearRenewal, March 2021: AED 123,000 a yearNew contract, August 2021: AED 100,000 a yearRenewal, August 2022: AED 100,000 a yearRenewal, August 2023: AED 105,000 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 1102 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. 1102's AED 105,000 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
11013-bedAED 1.63M · Jul 2023
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

1102, Spring Tower in numbers

  • Sold twice: first on 17 June 2013 for AED 1,416,660, last on 22 March 2024 for AED 1,950,000 (AED 688 per sqft).
  • Rented since April 2013 on 12 Ejari contracts, from AED 110,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 43,800 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 22 March 2024.

Questions about 1102, Spring Tower

What did unit 1102 last sell for?

AED 1,950,000 on 22 March 2024: AED 688 per sqft for 2,833 sqft. The unit has 2 registered sales; the first was AED 1,416,660 in June 2013.

What is the rent for unit 1102?

AED 105,000 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 100,000; the unit has been rented since April 2013.

How big is unit 1102?

2,833 sqft (263.2 sqm): a three-bedroom apartment on the 11th floor of a 25-storey tower.

What is unit 1102 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 1102, Spring Tower

Starts from the last sale price (AED 1.95M, 22 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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