1-bed · 825 sqftSpring Tower, Dubai Silicon Oasis · 12th floor

1208, Spring Tower

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 20 November 2023
Last soldAED 590K20 November 2023
Current rentAED 44K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Spring Tower

What is 1208 worth today?

Last sold for AED 590,000 in 2023

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20 Nov 2023SoldReady
AED 590,000AED 714 per sqft
1 Nov 2022RentedRenewal
AED 43,800/yr12 months · AED 53 per sqft
1 Oct 2021RentedRenewal
AED 45,986/yr12 months · AED 55 per sqft
1 Oct 2021RentedRenewal
AED 41,800/yr13 months · AED 50 per sqft
1 Oct 2020RentedRenewal
AED 38,000/yr12 months · AED 46 per sqft
1 Oct 2019RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft
1 Sep 2018RentedRenewal
AED 57,000/yr12 months · AED 69 per sqft
1 Sep 2017RentedNew contract
AED 60,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 20 November 2023.

Key facts

Type
1-bed apartment
Size
825 sqft
Floor
12th of 25
Parking
P6 77
Service charge
AED 12,800 /yr
Last sold
AED 590K · November 2023
Building
Spring Tower

About 1208, Spring Tower

1208 is a one-bedroom apartment of 825 sqft on the 12th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 20 November 2023 for AED 590,000, or AED 714 per sqft, 12% above the AED 640 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 1 November 2022, is AED 43,800 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 12,800 a year.

Sales and rents for 1208 over time

Sales
Unit 1208, 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, May 2016: AED 870,469 (AED 1,054 per sqft)Sold, November 2023: AED 590,000 (AED 714 per sqft)

1208 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1208, 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, June 2016: AED 70,000 a yearNew contract, September 2017: AED 60,000 a yearRenewal, September 2018: AED 57,000 a yearNew contract, October 2019: AED 40,000 a yearRenewal, October 2020: AED 38,000 a yearRenewal, October 2021: AED 45,986 a yearRenewal, October 2021: AED 41,800 a yearRenewal, November 2022: AED 43,800 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 1208 sits

All 173 1-beds →

1208 last sold in November 2023 at AED 714 per sqft, 12% above what one-beds in Spring Tower were fetching at the time (AED 640). 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. 1208's AED 43,800 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
12031-bedAED 756K · Dec 2014
12042-bedAED 800K · Jun 2023
12071-bedAED 750K · Dec 2025
12091-bedAED 818K · Jul 2025
12101-bedAED 483K · Jun 2013
12112-bedAED 1.39M · May 2010
1–7 of 10

1208, Spring Tower in numbers

  • Sold twice: first on 8 May 2016 for AED 870,469, last on 20 November 2023 for AED 590,000 (AED 714 per sqft).
  • Rented since June 2016 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 38,000 in 2020 and recovered to AED 43,800 by November 2022.
  • At AED 43,800 a year the gross yield on the 2023 price is 7.4%, 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 20 November 2023.

Questions about 1208, Spring Tower

What did unit 1208 last sell for?

AED 590,000 on 20 November 2023: AED 714 per sqft for 825 sqft. The unit has 2 registered sales; the first was AED 870,469 in May 2016.

What is the rent for unit 1208?

AED 43,800 a year on the contract renewed on 1 November 2022. The previous contract, from October 2021, was AED 45,986; the unit has been rented since June 2016.

How big is unit 1208?

825 sqft (76.6 sqm): a one-bedroom apartment on the 12th floor of a 25-storey tower.

What is unit 1208 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 1208, Spring Tower

Starts from the last sale price (AED 590K, 20 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 590,000
Deposit, UAE resident (20%)
AED 118,000
Deposit, non-resident (40%)
AED 236,000
Monthly over 25 years at 3.7%
AED 2,414

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