1-bed · 946 sqftSpring Tower, Dubai Silicon Oasis · 15th floor

1511, Spring Tower

Sold prices and rental history: sold twice, last in May 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1511 · DLD and Ejari recordsUpdated 20 December 2025
Last soldAED 865K27 May 2015
Current rentAED 56K /yr20 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1511, Spring Tower

What is 1511 worth today?

Last sold for AED 865,000 in 2015

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20 Dec 2025RentedRenewal
AED 56,000/yr12 months · AED 59 per sqft
20 Dec 2024RentedNew contract
AED 56,000/yr12 months · AED 59 per sqft
28 Nov 2023RentedRenewal
AED 53,000/yr12 months · AED 56 per sqft
28 Nov 2022RentedRenewal
AED 42,000/yr12 months · AED 44 per sqft
28 Nov 2021RentedNew contract
AED 36,000/yr12 months · AED 38 per sqft
28 Aug 2020RentedNew contract
AED 36,000/yr12 months · AED 38 per sqft
15 Feb 2018RentedNew contract
AED 55,000/yr12 months · AED 58 per sqft
1 Sep 2016RentedNew contract
AED 70,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 20 December 2025.

Key facts

Type
1-bed apartment
Size
946 sqft
Floor
15th of 25
Parking
P3 68
Service charge
AED 14,600 /yr
Last sold
AED 865K · May 2015
Building
Spring Tower

About 1511, Spring Tower

1511 is a one-bedroom apartment of 946 sqft on the 15th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 27 May 2015 for AED 865,000, or AED 913 per sqft, 11% below the AED 1,031 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 20 December 2025, is AED 56,000 a year: a gross yield of 6.5% on the 2015 price, before the service charge of about AED 14,600 a year.

Sales and rents for 1511 over time

Sales
Unit 1511, 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 1,033,589 (AED 1,092 per sqft)Sold, May 2015: AED 865,000 (AED 913 per sqft)

1511 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1511, 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, July 2014: AED 70,000 a yearNew contract, September 2016: AED 70,000 a yearNew contract, February 2018: AED 55,000 a yearNew contract, August 2020: AED 36,000 a yearNew contract, November 2021: AED 36,000 a yearRenewal, November 2022: AED 42,000 a yearRenewal, November 2023: AED 53,000 a yearNew contract, December 2024: AED 56,000 a yearRenewal, December 2025: AED 56,000 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 1511 sits

All 173 1-beds →

1511 last sold in May 2015 at AED 913 per sqft, 11% below what one-beds in Spring Tower were fetching at the time (AED 1,031). 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. 1511's AED 56,000 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 15th floor

All 413 units in Spring Tower
Value
15012-bedAED 1.59M · May 2011
15022-bedAED 1.34M · Nov 2025
1503StudioAED 550K · Sep 2014
15042-bedAED 1.15M · Apr 2026
15051-bedAED 490K · Jun 2018
15061-bedAED 473K · Jun 2013
15081-bedAED 550K · Nov 2023
1–7 of 14

1511, Spring Tower in numbers

  • Sold twice: first on 22 August 2010 for AED 1,033,589, last on 27 May 2015 for AED 865,000 (AED 913 per sqft).
  • Rented since July 2014 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 36,000 in 2021 and recovered to AED 56,000 by December 2025.
  • At AED 56,000 a year the gross yield on the 2015 price is 6.5%, before a service charge of about AED 14,600 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 20 December 2025.

Questions about 1511, Spring Tower

What did unit 1511 last sell for?

AED 865,000 on 27 May 2015: AED 913 per sqft for 946 sqft. The unit has 2 registered sales; the first was AED 1,033,589 in August 2010.

What is the rent for unit 1511?

AED 56,000 a year on the contract renewed on 20 December 2025. The previous contract, from December 2024, was AED 56,000; the unit has been rented since July 2014.

How big is unit 1511?

946 sqft (87.9 sqm): a one-bedroom apartment on the 15th floor of a 25-storey tower.

What is unit 1511 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 1511, Spring Tower

Starts from the last sale price (AED 865K, 27 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 865,000
Deposit, UAE resident (20%)
AED 173,000
Deposit, non-resident (40%)
AED 346,000
Monthly over 25 years at 3.7%
AED 3,539

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