1-bed · 936 sqftSpring Tower, Dubai Silicon Oasis · 13th floor

1307, Spring Tower

Sold prices and rental history: sold once, by the developer in November 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1307 · DLD and Ejari recordsUpdated 5 October 2023
Last soldAED 604K20 November 2013
Current rentAED 65K /yr5 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1307, Spring Tower

What is 1307 worth today?

Last sold for AED 603,714 in 2013

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5 Oct 2023RentedNew contract
AED 65,000/yr12 months · AED 69 per sqft
5 Jun 2023RentedNew contract
AED 65,000/yr12 months · AED 69 per sqft
25 Mar 2022RentedNew contract
AED 50,000/yr12 months · AED 53 per sqft
15 Feb 2019RentedNew contract
AED 47,000/yr12 months · AED 50 per sqft
21 Nov 2015RentedNew contract
AED 75,000/yr12 months · AED 80 per sqft
4 Nov 2014RentedNew contract
AED 75,000/yr12 months · AED 80 per sqft
20 Nov 2013Sold by developerReady
AED 603,714AED 644 per sqft

Source: Dubai Land Department. Updated 5 October 2023.

Key facts

Type
1-bed apartment
Size
936 sqft
Floor
13th of 25
Parking
P1 98
Service charge
AED 14,500 /yr
Last sold
AED 604K · November 2013
Building
Spring Tower

About 1307, Spring Tower

1307 is a one-bedroom apartment of 936 sqft on the 13th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 20 November 2013 for AED 603,714, or AED 644 per sqft, in line with the AED 642 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 5 October 2023, is AED 65,000 a year: a gross yield of 10.8% on the 2013 price, before the service charge of about AED 14,500 a year.

Sales and rents for 1307 over time

Sales
Unit 1307, 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, November 2013: AED 603,714 (AED 644 per sqft)

1307 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1307, 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, November 2014: AED 75,000 a yearNew contract, November 2015: AED 75,000 a yearNew contract, February 2019: AED 47,000 a yearNew contract, March 2022: AED 50,000 a yearNew contract, June 2023: AED 65,000 a yearNew contract, October 2023: AED 65,000 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 1307 sits

All 173 1-beds →

1307 last sold in November 2013 at AED 644 per sqft, in line with what one-beds in Spring Tower were fetching at the time (AED 642). 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. 1307's AED 65,000 is in the upper 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
13031-bedAED 705K · May 2018
13041-bedAED 429K · Jul 2016
13051-bedAED 720K · Jan 2017
13061-bedAED 758K · Dec 2011
13081-bedAED 710K · Jan 2026
13091-bedAED 700K · Jun 2018
1–7 of 14

1307, Spring Tower in numbers

  • Sold once: by the developer on 20 November 2013 for AED 603,714, or AED 644 per sqft.
  • Rented since November 2014 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 47,000 in 2019 and recovered to AED 65,000 by October 2023.
  • At AED 65,000 a year the gross yield on the 2013 price is 10.8%, before a service charge of about AED 14,500 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 5 October 2023.

Questions about 1307, Spring Tower

What did unit 1307 last sell for?

AED 603,714 on 20 November 2013, sold by the developer: AED 644 per sqft for 936 sqft. It is the only registered sale of the unit.

What is the rent for unit 1307?

AED 65,000 a year on the contract signed on 5 October 2023. The previous contract, from June 2023, was AED 65,000; the unit has been rented since November 2014.

How big is unit 1307?

936 sqft (87.0 sqm): a one-bedroom apartment on the 13th floor of a 25-storey tower.

What is unit 1307 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 1307, Spring Tower

Starts from the last sale price (AED 604K, 20 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 603,714
Deposit, UAE resident (20%)
AED 120,743
Deposit, non-resident (40%)
AED 241,486
Monthly over 25 years at 3.7%
AED 2,470

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