1-bed · 698 sqftSpring Tower, Dubai Silicon Oasis · 12th floor

1203, Spring Tower

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 20 March 2026
Last soldAED 756K28 December 2014
Current rentAED 53K /yr20 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Spring Tower

What is 1203 worth today?

Last sold for AED 756,010 in 2014

Unlock today's estimate, updated daily, with

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

20 Mar 2026RentedRenewal
AED 53,000/yr12 months · AED 76 per sqft
20 Mar 2025RentedRenewal
AED 50,000/yr12 months · AED 71 per sqft
20 Mar 2025RentedRenewal
AED 50,000/yr12 months · AED 71 per sqft
20 Mar 2024RentedNew contract
AED 44,000/yr12 months · AED 63 per sqft
20 Mar 2021RentedRenewal
AED 33,000/yr12 months · AED 47 per sqft
20 Mar 2020RentedRenewal
AED 38,000/yr12 months · AED 54 per sqft
20 Mar 2019RentedNew contract
AED 42,000/yr12 months · AED 60 per sqft
20 Jan 2016RentedNew contract
AED 75,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 20 March 2026.

Key facts

Type
1-bed apartment
Size
698 sqft
Floor
12th of 25
Parking
P6 95
Service charge
AED 10,800 /yr
Last sold
AED 756K · December 2014
Building
Spring Tower

About 1203, Spring Tower

1203 is a one-bedroom apartment of 698 sqft on the 12th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 28 December 2014 for AED 756,010, or AED 1,083 per sqft, 8% above the AED 1,000 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 20 March 2026, is AED 53,000 a year: a gross yield of 7.0% on the 2014 price, before the service charge of about AED 10,800 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical one-bed in Spring Tower
500K750K1M2010201520202025Typical 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, December 2014: AED 756,010 (AED 1,083 per sqft)

1203 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, each contractTypical one-bed in Spring Tower
40K60K80K20112015201920232027Typical 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, January 2016: AED 75,000 a yearNew contract, March 2019: AED 42,000 a yearRenewal, March 2020: AED 38,000 a yearRenewal, March 2021: AED 33,000 a yearNew contract, March 2024: AED 44,000 a yearRenewal, March 2025: AED 50,000 a yearRenewal, March 2025: AED 50,000 a yearRenewal, March 2026: AED 53,000 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 1203 sits

All 173 1-beds →

1203 last sold in December 2014 at AED 1,083 per sqft, 8% above what one-beds in Spring Tower were fetching at the time (AED 1,000). 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. 1203's AED 53,000 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 12th floor

All 413 units in Spring Tower
Value
12011-bedAED 700K · Feb 2018
12042-bedAED 800K · Jun 2023
12071-bedAED 750K · Dec 2025
12081-bedAED 590K · Nov 2023
12091-bedAED 818K · Jul 2025
12101-bedAED 483K · Jun 2013
12112-bedAED 1.39M · May 2010
1–7 of 10

1203, Spring Tower in numbers

  • Sold once: by the developer on 28 December 2014 for AED 756,010, or AED 1,083 per sqft.
  • Rented since January 2016 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 33,000 in 2021 and recovered to AED 53,000 by March 2026.
  • At AED 53,000 a year the gross yield on the 2014 price is 7.0%, before a service charge of about AED 10,800 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 20 March 2026.

Questions about 1203, Spring Tower

What did unit 1203 last sell for?

AED 756,010 on 28 December 2014, sold by the developer: AED 1,083 per sqft for 698 sqft. It is the only registered sale of the unit.

What is the rent for unit 1203?

AED 53,000 a year on the contract renewed on 20 March 2026. The previous contract, from March 2025, was AED 50,000; the unit has been rented since January 2016.

How big is unit 1203?

698 sqft (64.8 sqm): a one-bedroom apartment on the 12th floor of a 25-storey tower.

What is unit 1203 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.

Selling 1203? 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 1203, Spring Tower

Starts from the last sale price (AED 756K, 28 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 756,010
Deposit, UAE resident (20%)
AED 151,202
Deposit, non-resident (40%)
AED 302,404
Monthly over 25 years at 3.7%
AED 3,093

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