1515, Spring Tower
Sold prices and rental history: sold once, by the developer in December 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1515, Spring Tower
What is 1515 worth today?
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Source: Dubai Land Department. Updated 16 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,626 sqft
- Floor
- 15th of 25
- Parking
- P3 72
- Service charge
- AED 25,100 /yr
- Last sold
- AED 1.78M · December 2011
- Building
- Spring Tower
About 1515, Spring Tower
1515 is a two-bedroom apartment of 1,626 sqft on the 15th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 13 December 2011 for AED 1,775,636, or AED 1,092 per sqft, in line with the AED 1,095 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 16 October 2025, is AED 100,000 a year: a gross yield of 5.6% on the 2011 price, before the service charge of about AED 25,100 a year.
Sales and rents for 1515 over time
1515 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Spring Tower, and where 1515 sits
All 85 2-beds →1515 last sold in December 2011 at AED 1,092 per sqft, in line with what two-beds in Spring Tower were fetching at the time (AED 1,095). Over the last 12 months two-beds sold for AED 948,830 to 1,340,000, around AED 897 per sqft, and rent for AED 50,000 to 104,000 a year. 1515's AED 100,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jul 20269 July 2026 | 1,209 sqft | 1,100,000 | 910 | ||
| 6 Jul 20266 July 2026 | 1,296 sqft | 948,830 | 732 | ||
| 2 Apr 20262 April 2026 | 1,281 sqft | 1,150,000 | 897 | ||
| 21 Nov 202521 November 2025 | 1,626 sqft | 1,340,000 | 824 |
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 | |
| 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 | |
| 1516 | 2-bed | 1,457 sqft | AED 1.13MAED 1,125,000 · Jul 2024July 2024 | 85,000 /yr |
1515, Spring Tower in numbers
- Sold once: by the developer on 13 December 2011 for AED 1,775,636, or AED 1,092 per sqft.
- Rented since April 2015 on 10 Ejari contracts. The rent fell from AED 105,000 to AED 80,000 in 2022 and recovered to AED 100,000 by October 2025.
- At AED 100,000 a year the gross yield on the 2011 price is 5.6%, before a service charge of about AED 25,100 a year (AED 15.45 per sqft).
- Two-beds in Spring Tower sold for AED 948,830–1,340,000 in the 12 months to November 2026; the building's median across all types is AED 878 per sqft.
Source: Dubai Land Department. Updated 16 October 2025.
Questions about 1515, Spring Tower
What did unit 1515 last sell for?
AED 1,775,636 on 13 December 2011, sold by the developer: AED 1,092 per sqft for 1,626 sqft. It is the only registered sale of the unit.
What is the rent for unit 1515?
AED 100,000 a year on the contract signed on 16 October 2025. The previous contract, from July 2022, was AED 80,000; the unit has been rented since April 2015.
How big is unit 1515?
1,626 sqft (151.1 sqm): a two-bedroom apartment on the 15th floor of a 25-storey tower.
What is unit 1515 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Spring Tower sold for AED 948,830 to 1,340,000 in the last 12 months, around AED 897 per sqft.
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Mortgage on 1515, Spring Tower
Starts from the last sale price (AED 1.78M, 13 December 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,775,636
- Deposit, UAE resident (20%)
- AED 355,127
- Deposit, non-resident (40%)
- AED 710,254
- Monthly over 25 years at 3.7%
- AED 7,265
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →