1-bed · 875 sqftSpring Tower, Dubai Silicon Oasis · 14th floor

1402, Spring Tower

Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 10 February 2025
Last soldAED 590K13 June 2024
Current rentAED 56K /yr10 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Spring Tower

What is 1402 worth today?

Last sold for AED 590,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Feb 2025RentedNew contract
AED 56,400/yr12 months · AED 65 per sqft
13 Jun 2024SoldReady
AED 590,000AED 673 per sqft
10 Feb 2024RentedNew contract
AED 50,000/yr12 months · AED 57 per sqft
20 Aug 2021RentedNew contract
AED 38,000/yr12 months · AED 44 per sqft
6 Jul 2021SoldReady
AED 450,000AED 514 per sqft
1 May 2018RentedNew contract
AED 40,000/yr24 months · AED 46 per sqft
25 Jul 2017RentedRenewal
AED 60,000/yr12 months · AED 69 per sqft
25 Jul 2016RentedNew contract
AED 75,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 10 February 2025.

Key facts

Type
1-bed apartment
Size
875 sqft
Floor
14th of 25
Parking
P2 98
Service charge
AED 13,500 /yr
Last sold
AED 590K · June 2024
Building
Spring Tower

About 1402, Spring Tower

1402 is a one-bedroom apartment of 875 sqft on the 14th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 13 June 2024 for AED 590,000, or AED 673 per sqft, in line with the AED 669 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 10 February 2025, is AED 56,400 a year: a gross yield of 9.6% on the 2024 price, before the service charge of about AED 13,500 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, 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, August 2010: AED 953,321 (AED 1,088 per sqft)Sold, January 2015: AED 950,000 (AED 1,085 per sqft)Sold, July 2021: AED 450,000 (AED 514 per sqft)Sold, June 2024: AED 590,000 (AED 673 per sqft)

1402 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1402, 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, July 2016: AED 75,000 a yearRenewal, July 2017: AED 60,000 a yearNew contract, May 2018: AED 40,000 a yearNew contract, August 2021: AED 38,000 a yearNew contract, February 2024: AED 50,000 a yearNew contract, February 2025: AED 56,400 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 1402 sits

All 173 1-beds →

1402 last sold in June 2024 at AED 673 per sqft, in line with what one-beds in Spring Tower were fetching at the time (AED 669). 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. 1402's AED 56,400 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 14th floor

All 413 units in Spring Tower
Value
14011-bedAED 825K · Mar 2016
14041-bedAED 540K · Jun 2023
14061-bedAED 520K · Aug 2012
14071-bedAED 475K · Oct 2019
14081-bedAED 740K · Jan 2025
14091-bedAED 495K · Jul 2019
14101-bedAED 720K · May 2018
1–7 of 11

1402, Spring Tower in numbers

  • Sold 4 times: first on 22 August 2010 for AED 953,321, last on 13 June 2024 for AED 590,000 (AED 673 per sqft).
  • Rented since July 2016 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 38,000 in 2021 and recovered to AED 56,400 by February 2025.
  • At AED 56,400 a year the gross yield on the 2024 price is 9.6%, before a service charge of about AED 13,500 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 10 February 2025.

Questions about 1402, Spring Tower

What did unit 1402 last sell for?

AED 590,000 on 13 June 2024: AED 673 per sqft for 875 sqft. The unit has 4 registered sales; the first was AED 953,321 in August 2010.

What is the rent for unit 1402?

AED 56,400 a year on the contract signed on 10 February 2025. The previous contract, from February 2024, was AED 50,000; the unit has been rented since July 2016.

How big is unit 1402?

875 sqft (81.3 sqm): a one-bedroom apartment on the 14th floor of a 25-storey tower.

What is unit 1402 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.

Selling 1402? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1402, Spring Tower

Starts from the last sale price (AED 590K, 13 June 2024). 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 →