Studio · 516 sqftSpring Tower, Dubai Silicon Oasis · 16th floor

1614, Spring Tower

Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1614 · DLD and Ejari recordsUpdated 15 March 2026
Last soldAED 350K20 October 2022
Current rentAED 40K /yr15 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1614, Spring Tower

What is 1614 worth today?

Last sold for AED 350,000 in 2022

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15 Mar 2026RentedRenewal
AED 40,000/yr12 months · AED 79 per sqft
15 Mar 2025RentedRenewal
AED 38,000/yr12 months · AED 74 per sqft
15 Mar 2024RentedNew contract
AED 35,000/yr12 months · AED 68 per sqft
15 Mar 2023RentedNew contract
AED 33,000/yr12 months · AED 64 per sqft
20 Oct 2022SoldReady
AED 350,000AED 678 per sqft
15 Mar 2022RentedRenewal
AED 31,500/yr12 months · AED 61 per sqft
15 Mar 2021RentedRenewal
AED 30,000/yr12 months · AED 58 per sqft
15 Mar 2020RentedNew contract
AED 32,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 15 March 2026.

Key facts

Type
Studio apartment
Size
516 sqft
Floor
16th of 25
Parking
P4 62
Service charge
AED 8,000 /yr
Last sold
AED 350K · October 2022
Building
Spring Tower

About 1614, Spring Tower

1614 is a studio of 516 sqft on the 16th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 20 October 2022 for AED 350,000, or AED 678 per sqft, 12% above the AED 606 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 15 March 2026, is AED 40,000 a year: a gross yield of 11.4% on the 2022 price, before the service charge of about AED 8,000 a year.

Sales and rents for 1614 over time

Sales
Unit 1614, each saleTypical studio in Spring Tower
400K600K2010201520202025Typical sale price by year: 2010 AED 568,546; 2011 AED 514,342; 2012 AED 429,397; 2013 AED 342,562; 2014 AED 495,000; 2015 AED 517,500; 2016 AED 535,232; 2017 AED 460,000; 2018 AED 406,965; 2019 AED 340,000; 2020 AED 285,000; 2021 AED 275,000; 2022 AED 350,000; 2023 AED 340,000; 2024 AED 371,000; 2025 AED 487,500; 2026 AED 519,000Sold by developer, March 2011: AED 564,801 (AED 1,094 per sqft)Sold, January 2017: AED 500,000 (AED 969 per sqft)Sold, October 2022: AED 350,000 (AED 678 per sqft)

1614 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1614, each contractTypical studio in Spring Tower
40K20112015201920232027Typical rent by year: 2011 AED 30,000; 2012 AED 28,000; 2013 AED 30,750; 2014 AED 35,850; 2015 AED 45,000; 2016 AED 50,000; 2017 AED 45,000; 2018 AED 40,000; 2019 AED 33,000; 2020 AED 28,000; 2021 AED 26,000; 2022 AED 28,531; 2023 AED 32,000; 2024 AED 37,000; 2025 AED 42,000; 2026 AED 42,000New contract, August 2014: AED 36,600 a yearNew contract, October 2017: AED 45,000 a yearNew contract, March 2020: AED 32,000 a yearRenewal, March 2021: AED 30,000 a yearRenewal, March 2022: AED 31,500 a yearNew contract, March 2023: AED 33,000 a yearNew contract, March 2024: AED 35,000 a yearRenewal, March 2025: AED 38,000 a yearRenewal, March 2026: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Spring Tower, and where 1614 sits

All 139 studios →

1614 last sold in October 2022 at AED 678 per sqft, 12% above what studios in Spring Tower were fetching at the time (AED 606). Over the last 12 months studios sold for AED 260,000 to 555,000, around AED 1,036 per sqft, and rent for AED 32,000 to 92,000 a year. 1614's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Jul 2026519,000
22 May 2026555,000
16 May 2026260,000
4 Nov 2025515,000
3 studio 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
16061-bedAED 755K · Feb 2026
16071-bedAED 942K · Sep 2013
1–7 of 15

1614, Spring Tower in numbers

  • Sold 3 times: first on 29 March 2011 for AED 564,801, last on 20 October 2022 for AED 350,000 (AED 678 per sqft).
  • Rented since August 2014 on 9 Ejari contracts. The rent fell from AED 36,600 to AED 30,000 in 2021 and recovered to AED 40,000 by March 2026.
  • At AED 40,000 a year the gross yield on the 2022 price is 11.4%, before a service charge of about AED 8,000 a year (AED 15.45 per sqft).
  • Studios in Spring Tower sold for AED 260,000–555,000 in the 12 months to November 2026; the building's median across all types is AED 878 per sqft.

Source: Dubai Land Department. Updated 15 March 2026.

Questions about 1614, Spring Tower

What did unit 1614 last sell for?

AED 350,000 on 20 October 2022: AED 678 per sqft for 516 sqft. The unit has 3 registered sales; the first was AED 564,801 in March 2011.

What is the rent for unit 1614?

AED 40,000 a year on the contract renewed on 15 March 2026. The previous contract, from March 2025, was AED 38,000; the unit has been rented since August 2014.

How big is unit 1614?

516 sqft (47.9 sqm): a studio on the 16th floor of a 25-storey tower.

What is unit 1614 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Spring Tower sold for AED 260,000 to 555,000 in the last 12 months, around AED 1,036 per sqft.

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Mortgage on 1614, Spring Tower

Starts from the last sale price (AED 350K, 20 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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