Home
Dubai prices
About
Blog
Studio · 565 sqftSpring Tower, Dubai Silicon Oasis · 1st floor

117, Spring Tower

Sold prices and rental history: sold once, by the developer in January 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 117 · DLD and Ejari recordsUpdated 12 August 2026
Last soldAED 452K9 January 2014
Current rentAED 42K /yr12 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 117

Property timeline for 117, Spring Tower

What is 117 worth today?

Last sold for AED 452,344 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Aug 2026RentedNew contract
AED 42,000/yr12 months · AED 74 per sqft
18 Jun 2025RentedRenewal
AED 36,000/yr12 months · AED 64 per sqft
18 Jun 2024RentedRenewal
AED 34,178/yr12 months · AED 60 per sqft
18 Jun 2023RentedRenewal
AED 32,550/yr12 months · AED 58 per sqft
18 Jun 2022RentedNew contract
AED 31,000/yr12 months · AED 55 per sqft
1 Jun 2021RentedNew contract
AED 26,000/yr12 months · AED 46 per sqft
10 Jan 2021RentedNew contract
AED 27,000/yr12 months · AED 48 per sqft
1 May 2020RentedRenewal
AED 30,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 12 August 2026.

Key facts

Type
Studio apartment
Size
565 sqft
Floor
1st of 25
Parking
P1 38
Service charge
AED 8,700 /yr
Last sold
AED 452K · January 2014
Building
Spring Tower

About 117, Spring Tower

117 is a studio of 565 sqft on the 1st floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 9 January 2014 for AED 452,344, or AED 800 per sqft, 19% above the AED 674 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, signed on 12 August 2026, is AED 42,000 a year: a gross yield of 9.3% on the 2014 price, before the service charge of about AED 8,700 a year.

Sales and rents for 117 over time

Sales
Unit 117, each saleTypical studio in Spring Tower
400K600K2010201520202025Typical sale price by year: 2010 AED 568,546; 2011 AED 514,342; 2012 AED 429,397; 2013 AED 342,562; 2014 AED 495,000; 2015 AED 517,500; 2016 AED 535,232; 2017 AED 460,000; 2018 AED 406,965; 2019 AED 340,000; 2020 AED 285,000; 2021 AED 275,000; 2022 AED 350,000; 2023 AED 340,000; 2024 AED 371,000; 2025 AED 487,500; 2026 AED 519,000Sold by developer, January 2014: AED 452,344 (AED 800 per sqft)

117 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 117, each contractTypical studio in Spring Tower
40K60K2011201620212026Typical rent by year: 2011 AED 30,000; 2012 AED 28,000; 2013 AED 30,750; 2014 AED 35,850; 2015 AED 45,000; 2016 AED 50,000; 2017 AED 45,000; 2018 AED 40,000; 2019 AED 33,000; 2020 AED 28,000; 2021 AED 26,000; 2022 AED 28,531; 2023 AED 32,000; 2024 AED 37,000; 2025 AED 42,000; 2026 AED 42,000New contract, June 2017: AED 55,000 a yearNew contract, May 2018: AED 40,000 a yearRenewal, May 2019: AED 30,000 a yearRenewal, May 2020: AED 30,000 a yearNew contract, January 2021: AED 27,000 a yearNew contract, June 2021: AED 26,000 a yearNew contract, June 2022: AED 31,000 a yearRenewal, June 2023: AED 32,550 a yearRenewal, June 2024: AED 34,178 a yearRenewal, June 2025: AED 36,000 a yearNew contract, August 2026: AED 42,000 a year

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

Studios in Spring Tower, and where 117 sits

All 139 studios →

117 last sold in January 2014 at AED 800 per sqft, 19% above what studios in Spring Tower were fetching at the time (AED 674). Over the last 12 months studios sold for AED 260,000 to 555,000, around AED 1,036 per sqft, and rent for AED 32,000 to 92,000 a year. 117's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Jul 2026519,000
22 May 2026555,000
16 May 2026260,000
4 Nov 2025515,000
3 studio 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 1st floor

All 413 units in Spring Tower
Value
1011-bedAED 700K · Oct 2025
1022-bedAED 771K · Aug 2013
105StudioAED 450K · Aug 2020
106StudioAED 570K · Jun 2015
107StudioAED 768K · Jul 2016
1081-bedAED 850K · Apr 2026
110StudioAED 300K · Oct 2020
1–7 of 24

117, Spring Tower in numbers

  • Sold once: by the developer on 9 January 2014 for AED 452,344, or AED 800 per sqft.
  • Rented since June 2017 on 11 Ejari contracts. The rent fell from AED 55,000 to AED 26,000 in 2021 and recovered to AED 42,000 by August 2026.
  • At AED 42,000 a year the gross yield on the 2014 price is 9.3%, before a service charge of about AED 8,700 a year (AED 15.45 per sqft).
  • Studios in Spring Tower sold for AED 260,000–555,000 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 2026.

Questions about 117, Spring Tower

What did unit 117 last sell for?

AED 452,344 on 9 January 2014, sold by the developer: AED 800 per sqft for 565 sqft. It is the only registered sale of the unit.

What is the rent for unit 117?

AED 42,000 a year on the contract signed on 12 August 2026. The previous contract, from June 2025, was AED 36,000; the unit has been rented since June 2017.

How big is unit 117?

565 sqft (52.5 sqm): a studio on the 1st floor of a 25-storey tower.

What is unit 117 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Spring Tower sold for AED 260,000 to 555,000 in the last 12 months, around AED 1,036 per sqft.

Selling 117? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 117, Spring Tower

Starts from the last sale price (AED 452K, 9 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 452,344
Deposit, UAE resident (20%)
AED 90,469
Deposit, non-resident (40%)
AED 180,938
Monthly over 25 years at 3.7%
AED 1,851

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