1512, Spring Tower
Sold prices and rental history: sold once, by the developer in February 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1512, Spring Tower
What is 1512 worth today?
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Source: Dubai Land Department. Updated 30 August 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 698 sqft
- Floor
- 15th of 25
- Parking
- P3 69
- Service charge
- AED 10,800 /yr
- Last sold
- AED 762K · February 2016
- Building
- Spring Tower
About 1512, Spring Tower
1512 is a one-bedroom apartment of 698 sqft on the 15th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 8 February 2016 for AED 762,336, or AED 1,091 per sqft, 11% above the AED 986 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 30 August 2022, is AED 36,500 a year: a gross yield of 4.8% on the 2016 price, before the service charge of about AED 10,800 a year.
Sales and rents for 1512 over time
1512 has sold once; 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 1512 sits
All 173 1-beds →1512 last sold in February 2016 at AED 1,091 per sqft, 11% above what one-beds in Spring Tower were fetching at the time (AED 986). 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. 1512's AED 36,500 is at the bottom 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 | |
| 1508 | 1-bed | 828 sqft | AED 550KAED 550,000 · Nov 2023November 2023 | 44,100 /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 | |
| 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 |
1512, Spring Tower in numbers
- Sold once: by the developer on 8 February 2016 for AED 762,336, or AED 1,091 per sqft.
- Rented since December 2014 on 8 Ejari contracts. The rent fell from AED 66,000 to AED 33,000 in 2020 and recovered to AED 36,500 by August 2022.
- At AED 36,500 a year the gross yield on the 2016 price is 4.8%, before a service charge of about AED 10,800 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 30 August 2022.
Questions about 1512, Spring Tower
What did unit 1512 last sell for?
AED 762,336 on 8 February 2016, sold by the developer: AED 1,091 per sqft for 698 sqft. It is the only registered sale of the unit.
What is the rent for unit 1512?
AED 36,500 a year on the contract renewed on 30 August 2022. The previous contract, from August 2021, was AED 36,500; the unit has been rented since December 2014.
How big is unit 1512?
698 sqft (64.8 sqm): a one-bedroom apartment on the 15th floor of a 25-storey tower.
What is unit 1512 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 1512, Spring Tower
Starts from the last sale price (AED 762K, 8 February 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 762,336
- Deposit, UAE resident (20%)
- AED 152,467
- Deposit, non-resident (40%)
- AED 304,934
- Monthly over 25 years at 3.7%
- AED 3,119
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →