2-bed · 1,281 sqftSpring Tower, Dubai Silicon Oasis · 16th floor

1604, Spring Tower

Sold prices and rental history: sold once, by the developer in June 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 18 December 2025
Last soldAED 641K17 June 2013
Current rentAED 66K /yr18 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, Spring Tower

What is 1604 worth today?

Last sold for AED 640,585 in 2013

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18 Dec 2025RentedRenewal
AED 66,150/yr12 months · AED 52 per sqft
18 Dec 2024RentedRenewal
AED 66,150/yr12 months · AED 52 per sqft
18 Dec 2023RentedRenewal
AED 63,000/yr12 months · AED 49 per sqft
18 Dec 2022RentedRenewal
AED 60,000/yr12 months · AED 47 per sqft
18 Dec 2021RentedRenewal
AED 58,300/yr12 months · AED 46 per sqft
18 Dec 2020RentedNew contract
AED 53,000/yr12 months · AED 41 per sqft
25 Aug 2019RentedNew contract
AED 73,870/yr12 months · AED 58 per sqft
25 Aug 2016RentedRenewal
AED 70,350/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 18 December 2025.

Key facts

Type
2-bed apartment
Size
1,281 sqft
Floor
16th of 25
Parking
P4 94
Service charge
AED 19,800 /yr
Last sold
AED 641K · June 2013
Building
Spring Tower

About 1604, Spring Tower

1604 is a two-bedroom apartment of 1,281 sqft on the 16th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 17 June 2013 for AED 640,585, or AED 500 per sqft, in line with the AED 500 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 18 December 2025, is AED 66,150 a year: a gross yield of 10.3% on the 2013 price, before the service charge of about AED 19,800 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, each saleTypical two-bed in Spring Tower
500K1M1.5M2010201520202025Typical sale price by year: 2010 AED 1,396,466; 2011 AED 1,498,555; 2012 AED 727,543; 2013 AED 816,000; 2014 AED 1,350,000; 2015 AED 1,334,405; 2016 AED 1,300,000; 2021 AED 687,500; 2022 AED 765,000; 2023 AED 897,500; 2024 AED 1,050,000; 2025 AED 1,100,000; 2026 AED 1,100,000Sold by developer, June 2013: AED 640,585 (AED 500 per sqft)

1604 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1604, each contractTypical two-bed in Spring Tower
60K80K100K2012201620202024Typical rent by year: 2012 AED 60,500; 2013 AED 70,000; 2014 AED 80,000; 2015 AED 90,000; 2016 AED 93,750; 2017 AED 85,000; 2018 AED 80,000; 2019 AED 72,000; 2020 AED 65,000; 2021 AED 58,000; 2022 AED 62,185; 2023 AED 65,000; 2024 AED 72,693; 2025 AED 75,000; 2026 AED 80,000New contract, August 2012: AED 55,000 a yearNew contract, August 2013: AED 58,000 a yearNew contract, August 2014: AED 60,900 a yearRenewal, August 2015: AED 70,350 a yearRenewal, August 2016: AED 70,350 a yearNew contract, August 2019: AED 73,870 a yearNew contract, December 2020: AED 53,000 a yearRenewal, December 2021: AED 58,300 a yearRenewal, December 2022: AED 60,000 a yearRenewal, December 2023: AED 63,000 a yearRenewal, December 2024: AED 66,150 a yearRenewal, December 2025: AED 66,150 a year

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 1604 sits

All 85 2-beds →

1604 last sold in June 2013 at AED 500 per sqft, in line with what two-beds in Spring Tower were fetching at the time (AED 500). 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. 1604's AED 66,150 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Jul 20261,100,000
6 Jul 2026948,830
2 Apr 20261,150,000
21 Nov 20251,340,000
5 2-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 16th floor

All 413 units in Spring Tower
Value
16012-bedAED 665K · Aug 2016
16022-bedAED 1.4M · Mar 2014
1603StudioAED 335K · Jul 2013
16051-bedAED 764K · Nov 2010
16061-bedAED 755K · Feb 2026
16071-bedAED 942K · Sep 2013
16081-bedAED 907K · Sep 2013
1–7 of 15

1604, Spring Tower in numbers

  • Sold once: by the developer on 17 June 2013 for AED 640,585, or AED 500 per sqft.
  • Rented since August 2012 on 12 Ejari contracts, from AED 55,000 to AED 66,150 a year.
  • At AED 66,150 a year the gross yield on the 2013 price is 10.3%, before a service charge of about AED 19,800 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 18 December 2025.

Questions about 1604, Spring Tower

What did unit 1604 last sell for?

AED 640,585 on 17 June 2013, sold by the developer: AED 500 per sqft for 1,281 sqft. It is the only registered sale of the unit.

What is the rent for unit 1604?

AED 66,150 a year on the contract renewed on 18 December 2025. The previous contract, from December 2024, was AED 66,150; the unit has been rented since August 2012.

How big is unit 1604?

1,281 sqft (119.0 sqm): a two-bedroom apartment on the 16th floor of a 25-storey tower.

What is unit 1604 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 1604, Spring Tower

Starts from the last sale price (AED 641K, 17 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 640,585
Deposit, UAE resident (20%)
AED 128,117
Deposit, non-resident (40%)
AED 256,234
Monthly over 25 years at 3.7%
AED 2,621

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