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1-bed · 853 sqftSpring Tower, Dubai Silicon Oasis · 1st floor

127, Spring Tower

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 127 · DLD and Ejari recordsUpdated 22 May 2023
Last soldAED 600K22 May 2023
Current rentAED 35K /yr5 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 127, Spring Tower

What is 127 worth today?

Last sold for AED 600,000 in 2023

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22 May 2023SoldReady
AED 600,000AED 703 per sqft
5 May 2021RentedNew contract
AED 35,000/yr12 months · AED 41 per sqft
1 Jan 2020RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft
18 Sep 2018RentedNew contract
AED 47,000/yr12 months · AED 55 per sqft
7 Oct 2014RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft
19 Aug 2010Sold by developerReady
AED 895,419AED 1,049 per sqft

Source: Dubai Land Department. Updated 22 May 2023.

Key facts

Type
1-bed apartment
Size
853 sqft
Floor
1st of 25
Parking
P1 46
Service charge
AED 13,200 /yr
Last sold
AED 600K · May 2023
Building
Spring Tower

About 127, Spring Tower

127 is a one-bedroom apartment of 853 sqft on the 1st floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 22 May 2023 for AED 600,000, or AED 703 per sqft, 20% above the AED 586 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 5 May 2021, is AED 35,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 13,200 a year.

Sales and rents for 127 over time

Sales
Unit 127, 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, August 2010: AED 895,419 (AED 1,049 per sqft)Sold, May 2023: AED 600,000 (AED 703 per sqft)

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

Rents
Unit 127, 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, October 2014: AED 45,000 a yearNew contract, September 2018: AED 47,000 a yearNew contract, January 2020: AED 45,000 a yearNew contract, May 2021: AED 35,000 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 127 sits

All 173 1-beds →

127 last sold in May 2023 at AED 703 per sqft, 20% above what one-beds in Spring Tower were fetching at the time (AED 586). 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. 127's AED 35,000 is at the bottom 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 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

127, Spring Tower in numbers

  • Sold twice: first on 19 August 2010 for AED 895,419, last on 22 May 2023 for AED 600,000 (AED 703 per sqft).
  • Rented since October 2014 on 4 Ejari contracts, from AED 45,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 13,200 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 22 May 2023.

Questions about 127, Spring Tower

What did unit 127 last sell for?

AED 600,000 on 22 May 2023: AED 703 per sqft for 853 sqft. The unit has 2 registered sales; the first was AED 895,419 in August 2010.

What is the rent for unit 127?

AED 35,000 a year on the contract signed on 5 May 2021. The previous contract, from January 2020, was AED 45,000; the unit has been rented since October 2014.

How big is unit 127?

853 sqft (79.2 sqm): a one-bedroom apartment on the 1st floor of a 25-storey tower.

What is unit 127 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 127, Spring Tower

Starts from the last sale price (AED 600K, 22 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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