1-bed · 825 sqftSpring Tower, Dubai Silicon Oasis · 11th floor

1109, Spring Tower

Sold prices and rental history: sold twice, last in June 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1109 · DLD and Ejari recordsUpdated 18 June 2020
Last soldAED 390K18 June 2020
Current rentAED 48K /yr1 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1109, Spring Tower

What is 1109 worth today?

Last sold for AED 390,000 in 2020

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18 Jun 2020SoldReady
AED 390,000AED 472 per sqft
1 May 2017RentedRenewal
AED 48,483/yr12 months · AED 59 per sqft
27 Jun 2016Sold by developerReady
AED 1,032,172AED 1,250 per sqft
1 May 2016RentedNew contract
AED 48,510/yr12 months · AED 59 per sqft
5 Apr 2015RentedRenewal
AED 46,200/yr12 months · AED 56 per sqft
5 Apr 2014RentedRenewal
AED 42,000/yr12 months · AED 51 per sqft
5 Apr 2013RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 18 June 2020.

Key facts

Type
1-bed apartment
Size
825 sqft
Floor
11th of 25
Parking
P5 77
Service charge
AED 12,800 /yr
Last sold
AED 390K · June 2020
Building
Spring Tower

About 1109, Spring Tower

1109 is a one-bedroom apartment of 825 sqft on the 11th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 18 June 2020 for AED 390,000, or AED 472 per sqft, 18% below the AED 573 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 May 2017, is AED 48,483 a year: a gross yield of 12.4% on the 2020 price, before the service charge of about AED 12,800 a year.

Sales and rents for 1109 over time

Sales
Unit 1109, 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, June 2016: AED 1,032,172 (AED 1,250 per sqft)Sold, June 2020: AED 390,000 (AED 472 per sqft)

1109 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1109, 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, April 2013: AED 40,000 a yearRenewal, April 2014: AED 42,000 a yearRenewal, April 2015: AED 46,200 a yearNew contract, May 2016: AED 48,510 a yearRenewal, May 2017: AED 48,483 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 1109 sits

All 173 1-beds →

1109 last sold in June 2020 at AED 472 per sqft, 18% below what one-beds in Spring Tower were fetching at the time (AED 573). 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. 1109's AED 48,483 is in the lower half 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
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
1–7 of 14

1109, Spring Tower in numbers

  • Sold twice: first on 27 June 2016 for AED 1,032,172, last on 18 June 2020 for AED 390,000 (AED 472 per sqft).
  • Rented since April 2013 on 5 Ejari contracts, from AED 40,000 to AED 48,483 a year.
  • At AED 48,483 a year the gross yield on the 2020 price is 12.4%, before a service charge of about AED 12,800 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 18 June 2020.

Questions about 1109, Spring Tower

What did unit 1109 last sell for?

AED 390,000 on 18 June 2020: AED 472 per sqft for 825 sqft. The unit has 2 registered sales; the first was AED 1,032,172 in June 2016.

What is the rent for unit 1109?

AED 48,483 a year on the contract renewed on 1 May 2017. The previous contract, from May 2016, was AED 48,510; the unit has been rented since April 2013.

How big is unit 1109?

825 sqft (76.6 sqm): a one-bedroom apartment on the 11th floor of a 25-storey tower.

What is unit 1109 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 1109, Spring Tower

Starts from the last sale price (AED 390K, 18 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

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