1-bed · 765 sqftSpring Tower, Dubai Silicon Oasis · 16th floor

1606, Spring Tower

Sold prices and rental history: sold 3 times, last in February 2026, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 9 February 2026
Last soldAED 755K9 February 2026
Current rentAED 46K /yr8 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Spring Tower

What is 1606 worth today?

Last sold for AED 755,000 in 2026

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9 Feb 2026SoldReady
AED 755,000AED 987 per sqft
8 Jan 2025RentedRenewal
AED 46,200/yr12 months · AED 60 per sqft
8 Jan 2025RentedRenewal
AED 46,200/yr12 months · AED 60 per sqft
8 Jan 2024RentedNew contract
AED 44,000/yr12 months · AED 58 per sqft
20 Sep 2022SoldReady
AED 765,888AED 1,001 per sqft
1 Jan 2021RentedNew contract
AED 30,000/yr12 months · AED 39 per sqft
10 May 2016Sold by developerReady
AED 765,888AED 1,001 per sqft
20 Aug 2015RentedNew contract
AED 65,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 9 February 2026.

Key facts

Type
1-bed apartment
Size
765 sqft
Floor
16th of 25
Parking
P4 70
Service charge
AED 11,800 /yr
Last sold
AED 755K · February 2026
Building
Spring Tower

About 1606, Spring Tower

1606 is a one-bedroom apartment of 765 sqft on the 16th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 9 February 2026 for AED 755,000, or AED 987 per sqft, 18% above the AED 834 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 8 January 2025, is AED 46,200 a year: a gross yield of 6.1% on the 2026 price, before the service charge of about AED 11,800 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical one-bed in Spring Tower
500K750K1M2010201520202025Typical 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, May 2016: AED 765,888 (AED 1,001 per sqft)Sold, September 2022: AED 765,888 (AED 1,001 per sqft)Sold, February 2026: AED 755,000 (AED 987 per sqft)

1606 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1606, 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, August 2013: AED 60,000 a yearNew contract, August 2015: AED 65,000 a yearNew contract, January 2021: AED 30,000 a yearNew contract, January 2024: AED 44,000 a yearRenewal, January 2025: AED 46,200 a yearRenewal, January 2025: AED 46,200 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 1606 sits

All 173 1-beds →

1606 last sold in February 2026 at AED 987 per sqft, 18% above what one-beds in Spring Tower were fetching at the time (AED 834). 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. 1606's AED 46,200 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
5 Feb 2026710,000
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 16th floor

All 413 units in Spring Tower
Value
16012-bedAED 665K · Aug 2016
16022-bedAED 1.4M · Mar 2014
1603StudioAED 335K · Jul 2013
16042-bedAED 641K · Jun 2013
16051-bedAED 764K · Nov 2010
16071-bedAED 942K · Sep 2013
16081-bedAED 907K · Sep 2013
1–7 of 15

1606, Spring Tower in numbers

  • Sold 3 times: first on 10 May 2016 for AED 765,888, last on 9 February 2026 for AED 755,000 (AED 987 per sqft).
  • Rented since August 2013 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 30,000 in 2021 and recovered to AED 46,200 by January 2025.
  • At AED 46,200 a year the gross yield on the 2026 price is 6.1%, before a service charge of about AED 11,800 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 9 February 2026.

Questions about 1606, Spring Tower

What did unit 1606 last sell for?

AED 755,000 on 9 February 2026: AED 987 per sqft for 765 sqft. The unit has 3 registered sales; the first was AED 765,888 in May 2016.

What is the rent for unit 1606?

AED 46,200 a year on the contract renewed on 8 January 2025. The previous contract, from January 2025, was AED 46,200; the unit has been rented since August 2013.

How big is unit 1606?

765 sqft (71.1 sqm): a one-bedroom apartment on the 16th floor of a 25-storey tower.

What is unit 1606 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 1606, Spring Tower

Starts from the last sale price (AED 755K, 9 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 755,000
Deposit, UAE resident (20%)
AED 151,000
Deposit, non-resident (40%)
AED 302,000
Monthly over 25 years at 3.7%
AED 3,089

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