1508, Spring Tower
Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, Spring Tower
What is 1508 worth today?
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Source: Dubai Land Department. Updated 7 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 828 sqft
- Floor
- 15th of 25
- Parking
- P3 99
- Service charge
- AED 12,800 /yr
- Last sold
- AED 550K · November 2023
- Building
- Spring Tower
About 1508, Spring Tower
1508 is a one-bedroom apartment of 828 sqft on the 15th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 7 November 2023 for AED 550,000, or AED 664 per sqft, 4% above the AED 637 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 March 2023, is AED 44,100 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 12,800 a year.
Sales and rents for 1508 over time
1508 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1508 sits
All 173 1-beds →1508 last sold in November 2023 at AED 664 per sqft, 4% above what one-beds in Spring Tower were fetching at the time (AED 637). 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. 1508's AED 44,100 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Aug 202625 August 2026 | 480 sqft | 825,000 | 1,717 | ||
| 24 Apr 202624 April 2026 | 1,086 sqft | 850,000 | 782 | ||
| 16 Mar 202616 March 2026 | 815 sqft | 710,000 | 870 | ||
| 9 Feb 20269 February 2026 | 765 sqft | 755,000 | 987 |
Spring Tower
Building413 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%
Other units on the 15th floor
All 413 units in Spring Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,457 sqft | AED 1.59MAED 1,591,099 · May 2011May 2011 | 85,000 /yr | |
| 1502 | 2-bed | 1,626 sqft | AED 1.34MAED 1,340,000 · Nov 2025November 2025 | 84,000 /yr | |
| 1503 | Studio | 516 sqft | AED 550KAED 550,000 · Sep 2014September 2014 | 45,000 /yr | |
| 1504 | 2-bed | 1,281 sqft | AED 1.15MAED 1,150,000 · Apr 2026April 2026 | 50,000 /yr | |
| 1505 | 1-bed | 698 sqft | AED 490KAED 490,000 · Jun 2018June 2018 | 30,000 /yr | |
| 1506 | 1-bed | 946 sqft | AED 473KAED 473,255 · Jun 2013June 2013 | 44,478 /yr | |
| 1509 | 1-bed | 828 sqft | AED 904KAED 904,056 · Apr 2011April 2011 | 58,000 /yr | |
| 1510 | 1-bed | 961 sqft | AED 800KAED 800,000 · Sep 2025September 2025 | 60,000 /yr | |
| 1511 | 1-bed | 946 sqft | AED 865KAED 865,000 · May 2015May 2015 | 56,000 /yr | |
| 1512 | 1-bed | 698 sqft | AED 762KAED 762,336 · Feb 2016February 2016 | 36,500 /yr | |
| 1513 | 2-bed | 1,281 sqft | AED 760KAED 760,000 · Sep 2022September 2022 | 104,000 /yr | |
| 1514 | Studio | 516 sqft | AED 525KAED 525,000 · Jun 2025June 2025 | 56,000 /yr | |
| 1515 | 2-bed | 1,626 sqft | AED 1.78MAED 1,775,636 · Dec 2011December 2011 | 100,000 /yr | |
| 1516 | 2-bed | 1,457 sqft | AED 1.13MAED 1,125,000 · Jul 2024July 2024 | 85,000 /yr |
1508, Spring Tower in numbers
- Sold 3 times: first on 26 June 2016 for AED 1,035,185, last on 7 November 2023 for AED 550,000 (AED 664 per sqft).
- Rented since December 2013 on 9 Ejari contracts. The rent fell from AED 45,000 to AED 38,000 in 2021 and recovered to AED 44,100 by March 2023.
- At AED 44,100 a year the gross yield on the 2023 price is 8.0%, 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 7 November 2023.
Questions about 1508, Spring Tower
What did unit 1508 last sell for?
AED 550,000 on 7 November 2023: AED 664 per sqft for 828 sqft. The unit has 3 registered sales; the first was AED 1,035,185 in June 2016.
What is the rent for unit 1508?
AED 44,100 a year on the contract renewed on 15 March 2023. The previous contract, from March 2022, was AED 42,000; the unit has been rented since December 2013.
How big is unit 1508?
828 sqft (76.9 sqm): a one-bedroom apartment on the 15th floor of a 25-storey tower.
What is unit 1508 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 1508, Spring Tower
Starts from the last sale price (AED 550K, 7 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →