1-bed · 828 sqftSpring Tower, Dubai Silicon Oasis · 13th floor

1309, Spring Tower

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

Unit 1309 · DLD and Ejari recordsUpdated 5 June 2018
Last soldAED 700K5 June 2018
Current rentAED 52K /yr15 April 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1309, Spring Tower

What is 1309 worth today?

Last sold for AED 700,000 in 2018

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5 Jun 2018SoldReady
AED 700,000AED 845 per sqft
19 Jun 2016Sold by developerReady
AED 1,035,185AED 1,250 per sqft
15 Apr 2016RentedRenewal
AED 51,975/yr12 months · AED 63 per sqft
15 Apr 2015RentedRenewal
AED 49,500/yr12 months · AED 60 per sqft
15 Apr 2014RentedNew contract
AED 45,000/yr12 months · AED 54 per sqft
15 Apr 2013RentedNew contract
AED 42,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 5 June 2018.

Key facts

Type
1-bed apartment
Size
828 sqft
Floor
13th of 25
Parking
P1 72
Service charge
AED 12,800 /yr
Last sold
AED 700K · June 2018
Building
Spring Tower

About 1309, Spring Tower

1309 is a one-bedroom apartment of 828 sqft on the 13th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 5 June 2018 for AED 700,000, or AED 845 per sqft, 5% above the AED 803 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 15 April 2016, is AED 51,975 a year: a gross yield of 7.4% on the 2018 price, before the service charge of about AED 12,800 a year.

Sales and rents for 1309 over time

Sales
Unit 1309, 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 1,035,185 (AED 1,250 per sqft)Sold, June 2018: AED 700,000 (AED 845 per sqft)

1309 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1309, 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, April 2013: AED 42,000 a yearNew contract, April 2014: AED 45,000 a yearRenewal, April 2015: AED 49,500 a yearRenewal, April 2016: AED 51,975 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 1309 sits

All 173 1-beds →

1309 last sold in June 2018 at AED 845 per sqft, 5% above what one-beds in Spring Tower were fetching at the time (AED 803). 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. 1309's AED 51,975 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
13031-bedAED 705K · May 2018
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
1–7 of 14

1309, Spring Tower in numbers

  • Sold twice: first on 19 June 2016 for AED 1,035,185, last on 5 June 2018 for AED 700,000 (AED 845 per sqft).
  • Rented since April 2013 on 4 Ejari contracts, from AED 42,000 to AED 51,975 a year.
  • At AED 51,975 a year the gross yield on the 2018 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 5 June 2018.

Questions about 1309, Spring Tower

What did unit 1309 last sell for?

AED 700,000 on 5 June 2018: AED 845 per sqft for 828 sqft. The unit has 2 registered sales; the first was AED 1,035,185 in June 2016.

What is the rent for unit 1309?

AED 51,975 a year on the contract renewed on 15 April 2016. The previous contract, from April 2015, was AED 49,500; the unit has been rented since April 2013.

How big is unit 1309?

828 sqft (76.9 sqm): a one-bedroom apartment on the 13th floor of a 25-storey tower.

What is unit 1309 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 1309, Spring Tower

Starts from the last sale price (AED 700K, 5 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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