1-bed · 920 sqftSpring Tower, Dubai Silicon Oasis · 14th floor

1414, Spring Tower

Sold prices and rental history: sold 3 times, last in November 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1414 · DLD and Ejari recordsUpdated 29 February 2024
Last soldAED 750K14 November 2017
Current rentAED 44K /yr29 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1414, Spring Tower

What is 1414 worth today?

Last sold for AED 750,000 in 2017

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29 Feb 2024RentedRenewal
AED 44,165/yr12 months · AED 48 per sqft
1 Mar 2023RentedRenewal
AED 40,266/yr12 months · AED 43 per sqft
1 Mar 2022RentedRenewal
AED 36,500/yr12 months · AED 39 per sqft
1 Mar 2021RentedNew contract
AED 35,000/yr12 months · AED 38 per sqft
1 Feb 2019RentedNew contract
AED 55,000/yr12 months · AED 59 per sqft
10 Dec 2017RentedNew contract
AED 62,000/yr12 months · AED 67 per sqft
14 Nov 2017SoldReady
AED 750,000AED 814 per sqft
16 Dec 2015SoldReady
AED 820,000AED 890 per sqft

Source: Dubai Land Department. Updated 29 February 2024.

Key facts

Type
1-bed apartment
Size
920 sqft
Floor
14th of 25
Parking
P2 63
Service charge
AED 14,200 /yr
Last sold
AED 750K · November 2017
Building
Spring Tower

About 1414, Spring Tower

1414 is a one-bedroom apartment of 920 sqft on the 14th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 14 November 2017 for AED 750,000, or AED 814 per sqft, 9% below the AED 898 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 29 February 2024, is AED 44,165 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 14,200 a year.

Sales and rents for 1414 over time

Sales
Unit 1414, 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, February 2011: AED 1,002,185 (AED 1,088 per sqft)Sold, December 2015: AED 820,000 (AED 890 per sqft)Sold, November 2017: AED 750,000 (AED 814 per sqft)

1414 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1414, 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, August 2014: AED 75,000 a yearNew contract, December 2017: AED 62,000 a yearNew contract, February 2019: AED 55,000 a yearNew contract, March 2021: AED 35,000 a yearRenewal, March 2022: AED 36,500 a yearRenewal, March 2023: AED 40,266 a yearRenewal, February 2024: AED 44,165 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 1414 sits

All 173 1-beds →

1414 last sold in November 2017 at AED 814 per sqft, 9% below what one-beds in Spring Tower were fetching at the time (AED 898). 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. 1414's AED 44,165 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
14021-bedAED 590K · Jun 2024
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
1–7 of 11

1414, Spring Tower in numbers

  • Sold 3 times: first on 9 February 2011 for AED 1,002,185, last on 14 November 2017 for AED 750,000 (AED 814 per sqft).
  • Rented since August 2014 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 35,000 in 2021 and recovered to AED 44,165 by February 2024.
  • At AED 44,165 a year the gross yield on the 2017 price is 5.9%, 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 29 February 2024.

Questions about 1414, Spring Tower

What did unit 1414 last sell for?

AED 750,000 on 14 November 2017: AED 814 per sqft for 920 sqft. The unit has 3 registered sales; the first was AED 1,002,185 in February 2011.

What is the rent for unit 1414?

AED 44,165 a year on the contract renewed on 29 February 2024. The previous contract, from March 2023, was AED 40,266; the unit has been rented since August 2014.

How big is unit 1414?

920 sqft (85.5 sqm): a one-bedroom apartment on the 14th floor of a 25-storey tower.

What is unit 1414 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 1414, Spring Tower

Starts from the last sale price (AED 750K, 14 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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