1-bed · 885 sqftSpring Tower, Dubai Silicon Oasis · 11th floor

1103, Spring Tower

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 725K12 August 2024
Current rentAED 40K /yr3 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Spring Tower

What is 1103 worth today?

Last sold for AED 725,000 in 2024

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12 Aug 2024SoldReady
AED 725,000AED 819 per sqft
3 Jan 2023RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
22 Sep 2022SoldReady
AED 425,000AED 480 per sqft
10 Mar 2022RentedRenewal
AED 34,000/yr12 months · AED 39 per sqft
10 Mar 2021RentedNew contract
AED 34,000/yr12 months · AED 39 per sqft
16 Feb 2019RentedRenewal
AED 45,000/yr12 months · AED 51 per sqft
16 Feb 2017RentedNew contract
AED 52,000/yr12 months · AED 59 per sqft
31 May 2016Sold by developerReady
AED 1,061,652AED 1,200 per sqft

Source: Dubai Land Department. Updated 12 August 2024.

Key facts

Type
1-bed apartment
Size
885 sqft
Floor
11th of 25
Parking
P5 91
Service charge
AED 13,700 /yr
Last sold
AED 725K · August 2024
Building
Spring Tower

About 1103, Spring Tower

1103 is a one-bedroom apartment of 885 sqft on the 11th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 12 August 2024 for AED 725,000, or AED 819 per sqft, 22% above the AED 672 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 3 January 2023, is AED 40,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 13,700 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, each saleTypical one-bed in Spring Tower
500K1M2010201520202025Typical sale price by year: 2010 AED 934,677; 2011 AED 936,751; 2012 AED 447,148; 2013 AED 549,190; 2014 AED 762,336; 2015 AED 820,000; 2016 AED 816,265; 2017 AED 675,000; 2018 AED 655,000; 2019 AED 610,000; 2020 AED 395,000; 2021 AED 400,000; 2022 AED 440,000; 2023 AED 540,000; 2024 AED 580,000; 2025 AED 750,000; 2026 AED 715,000Sold by developer, May 2016: AED 1,061,652 (AED 1,200 per sqft)Sold, September 2022: AED 425,000 (AED 480 per sqft)Sold, August 2024: AED 725,000 (AED 819 per sqft)

1103 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1103, each contractTypical one-bed in Spring Tower
40K60K20112015201920232027Typical rent by year: 2011 AED 42,000; 2012 AED 41,000; 2013 AED 43,525; 2014 AED 51,000; 2015 AED 65,000; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 54,000; 2019 AED 48,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 38,500; 2023 AED 43,275; 2024 AED 46,000; 2025 AED 50,000; 2026 AED 54,250New contract, February 2013: AED 40,000 a yearRenewal, February 2014: AED 43,000 a yearRenewal, February 2015: AED 47,300 a yearRenewal, February 2016: AED 52,030 a yearNew contract, February 2017: AED 52,000 a yearRenewal, February 2019: AED 45,000 a yearNew contract, March 2021: AED 34,000 a yearRenewal, March 2022: AED 34,000 a yearNew contract, January 2023: AED 40,000 a year

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

1-beds in Spring Tower, and where 1103 sits

All 173 1-beds →

1103 last sold in August 2024 at AED 819 per sqft, 22% above what one-beds in Spring Tower were fetching at the time (AED 672). Over the last 12 months one-beds sold for AED 710,000 to 850,000, around AED 878 per sqft, and rent for AED 42,000 to 80,000 a year. 1103's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Aug 2026825,000
24 Apr 2026850,000
16 Mar 2026710,000
9 Feb 2026755,000
11 1-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
11023-bedAED 1.95M · Mar 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

1103, Spring Tower in numbers

  • Sold 3 times: first on 31 May 2016 for AED 1,061,652, last on 12 August 2024 for AED 725,000 (AED 819 per sqft).
  • Rented since February 2013 on 9 Ejari contracts. The rent fell from AED 40,000 to AED 34,000 in 2022 and recovered to AED 40,000 by January 2023.
  • At AED 40,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 13,700 a year (AED 15.45 per sqft).
  • One-beds in Spring Tower sold for AED 710,000–850,000 in the 12 months to November 2026; the building's median across all types is AED 878 per sqft.

Source: Dubai Land Department. Updated 12 August 2024.

Questions about 1103, Spring Tower

What did unit 1103 last sell for?

AED 725,000 on 12 August 2024: AED 819 per sqft for 885 sqft. The unit has 3 registered sales; the first was AED 1,061,652 in May 2016.

What is the rent for unit 1103?

AED 40,000 a year on the contract signed on 3 January 2023. The previous contract, from March 2022, was AED 34,000; the unit has been rented since February 2013.

How big is unit 1103?

885 sqft (82.2 sqm): a one-bedroom apartment on the 11th floor of a 25-storey tower.

What is unit 1103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Spring Tower sold for AED 710,000 to 850,000 in the last 12 months, around AED 878 per sqft.

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Mortgage on 1103, Spring Tower

Starts from the last sale price (AED 725K, 12 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 725,000
Deposit, UAE resident (20%)
AED 145,000
Deposit, non-resident (40%)
AED 290,000
Monthly over 25 years at 3.7%
AED 2,966

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