1-bed · 920 sqftSpring Tower, Dubai Silicon Oasis · 13th floor

1303, Spring Tower

Sold prices and rental history: sold twice, last in May 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 10 August 2024
Last soldAED 705K6 May 2018
Current rentAED 44K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, Spring Tower

What is 1303 worth today?

Last sold for AED 705,000 in 2018

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10 Aug 2024RentedRenewal
AED 44,470/yr12 months · AED 49 per sqft
10 Aug 2023RentedRenewal
AED 42,350/yr12 months · AED 46 per sqft
10 Aug 2022RentedNew contract
AED 38,500/yr12 months · AED 42 per sqft
10 Aug 2021RentedNew contract
AED 35,000/yr12 months · AED 38 per sqft
10 Jun 2020RentedRenewal
AED 45,000/yr12 months · AED 49 per sqft
10 Jun 2019RentedRenewal
AED 54,000/yr12 months · AED 58 per sqft
10 Jun 2018RentedNew contract
AED 54,000/yr12 months · AED 58 per sqft
6 May 2018SoldReady
AED 705,000AED 766 per sqft

Source: Dubai Land Department. Updated 10 August 2024.

Key facts

Type
1-bed apartment
Size
920 sqft
Floor
13th of 25
Parking
P1 94
Service charge
AED 14,200 /yr
Last sold
AED 705K · May 2018
Building
Spring Tower

About 1303, Spring Tower

1303 is a one-bedroom apartment of 920 sqft on the 13th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 6 May 2018 for AED 705,000, or AED 766 per sqft, 3% below the AED 791 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 10 August 2024, is AED 44,470 a year: a gross yield of 6.3% on the 2018 price, before the service charge of about AED 14,200 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, each saleTypical one-bed in Spring Tower
500K1M2010201520202025Typical 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, June 2016: AED 1,150,709 (AED 1,250 per sqft)Sold, May 2018: AED 705,000 (AED 766 per sqft)

1303 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1303, 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, February 2013: AED 42,000 a yearRenewal, February 2014: AED 45,000 a yearRenewal, February 2016: AED 51,975 a yearNew contract, June 2018: AED 54,000 a yearRenewal, June 2019: AED 54,000 a yearRenewal, June 2020: AED 45,000 a yearNew contract, August 2021: AED 35,000 a yearNew contract, August 2022: AED 38,500 a yearRenewal, August 2023: AED 42,350 a yearRenewal, August 2024: AED 44,470 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 1303 sits

All 173 1-beds →

1303 last sold in May 2018 at AED 766 per sqft, 3% below what one-beds in Spring Tower were fetching at the time (AED 791). 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. 1303's AED 44,470 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 13th floor

All 413 units in Spring Tower
Value
13023-bedAED 2.05M · Feb 2025
13041-bedAED 429K · Jul 2016
13051-bedAED 720K · Jan 2017
13061-bedAED 758K · Dec 2011
13071-bedAED 604K · Nov 2013
13081-bedAED 710K · Jan 2026
13091-bedAED 700K · Jun 2018
1–7 of 14

1303, Spring Tower in numbers

  • Sold twice: first on 19 June 2016 for AED 1,150,709, last on 6 May 2018 for AED 705,000 (AED 766 per sqft).
  • Rented since February 2013 on 10 Ejari contracts. The rent fell from AED 42,000 to AED 35,000 in 2021 and recovered to AED 44,470 by August 2024.
  • At AED 44,470 a year the gross yield on the 2018 price is 6.3%, before a service charge of about AED 14,200 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 10 August 2024.

Questions about 1303, Spring Tower

What did unit 1303 last sell for?

AED 705,000 on 6 May 2018: AED 766 per sqft for 920 sqft. The unit has 2 registered sales; the first was AED 1,150,709 in June 2016.

What is the rent for unit 1303?

AED 44,470 a year on the contract renewed on 10 August 2024. The previous contract, from August 2023, was AED 42,350; the unit has been rented since February 2013.

How big is unit 1303?

920 sqft (85.5 sqm): a one-bedroom apartment on the 13th floor of a 25-storey tower.

What is unit 1303 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 1303, Spring Tower

Starts from the last sale price (AED 705K, 6 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 705,000
Deposit, UAE resident (20%)
AED 141,000
Deposit, non-resident (40%)
AED 282,000
Monthly over 25 years at 3.7%
AED 2,884

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