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Studio · 655 sqftSpring Tower, Dubai Silicon Oasis · 1st floor

120, Spring Tower

Sold prices and rental history: sold twice, last in January 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 120 · DLD and Ejari recordsUpdated 20 April 2025
Last soldAED 520K19 January 2017
Current rentAED 50K /yr20 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 120, Spring Tower

What is 120 worth today?

Last sold for AED 520,000 in 2017

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20 Apr 2025RentedNew contract
AED 50,000/yr12 months · AED 76 per sqft
1 Apr 2024RentedNew contract
AED 40,000/yr12 months · AED 61 per sqft
10 Jul 2023RentedNew contract
AED 35,000/yr12 months · AED 53 per sqft
20 Mar 2022RentedRenewal
AED 29,000/yr12 months · AED 44 per sqft
20 Mar 2021RentedNew contract
AED 27,000/yr12 months · AED 41 per sqft
1 Jan 2020RentedNew contract
AED 35,000/yr12 months · AED 53 per sqft
1 Feb 2018RentedNew contract
AED 46,000/yr12 months · AED 70 per sqft
19 Jan 2017Sold by developerReady
AED 520,000AED 793 per sqft

Source: Dubai Land Department. Updated 20 April 2025.

Key facts

Type
Studio apartment
Size
655 sqft
Floor
1st of 25
Parking
P1 41
Service charge
AED 10,100 /yr
Last sold
AED 520K · January 2017
Building
Spring Tower

About 120, Spring Tower

120 is a studio of 655 sqft on the 1st floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 19 January 2017 for AED 520,000, or AED 793 per sqft, 26% below the AED 1,065 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 20 April 2025, is AED 50,000 a year: a gross yield of 9.6% on the 2017 price, before the service charge of about AED 10,100 a year.

Sales and rents for 120 over time

Sales
Unit 120, 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 2017: AED 520,000 (AED 793 per sqft)Sold, January 2017: AED 688,054 (AED 1,049 per sqft)

120 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 120, each contractTypical studio in Spring Tower
40K20112015201920232027Typical 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, May 2013: AED 30,000 a yearNew contract, May 2014: AED 35,000 a yearNew contract, February 2018: AED 46,000 a yearNew contract, January 2020: AED 35,000 a yearNew contract, March 2021: AED 27,000 a yearRenewal, March 2022: AED 29,000 a yearNew contract, July 2023: AED 35,000 a yearNew contract, April 2024: AED 40,000 a yearNew contract, April 2025: AED 50,000 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 120 sits

All 139 studios →

120 last sold in January 2017 at AED 793 per sqft, 26% below what studios in Spring Tower were fetching at the time (AED 1,065). 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. 120's AED 50,000 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

120, Spring Tower in numbers

  • Sold twice: first on 19 January 2017 for AED 688,054, last on 19 January 2017 for AED 520,000 (AED 793 per sqft).
  • Rented since May 2013 on 9 Ejari contracts, from AED 30,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2017 price is 9.6%, before a service charge of about AED 10,100 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 20 April 2025.

Questions about 120, Spring Tower

What did unit 120 last sell for?

AED 520,000 on 19 January 2017, sold by the developer: AED 793 per sqft for 655 sqft. The unit has 2 registered sales; the first was AED 688,054 in January 2017.

What is the rent for unit 120?

AED 50,000 a year on the contract signed on 20 April 2025. The previous contract, from April 2024, was AED 40,000; the unit has been rented since May 2013.

How big is unit 120?

655 sqft (60.9 sqm): a studio on the 1st floor of a 25-storey tower.

What is unit 120 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.

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Mortgage on 120, Spring Tower

Starts from the last sale price (AED 520K, 19 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

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