2-bed · 1,378 sqftSpring Tower, Dubai Silicon Oasis · 16th floor

1615, Spring Tower

Sold prices and rental history: sold twice, last in March 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1615 · DLD and Ejari recordsUpdated 20 March 2026
Last soldAED 1.34M8 March 2015
Current rentAED 72K /yr20 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1615, Spring Tower

What is 1615 worth today?

Last sold for AED 1,335,000 in 2015

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20 Mar 2026RentedNew contract
AED 72,000/yr12 months · AED 52 per sqft
20 Mar 2026RentedRenewal
AED 78,000/yr12 months · AED 57 per sqft
20 Mar 2025RentedRenewal
AED 68,250/yr12 months · AED 50 per sqft
20 Mar 2025RentedRenewal
AED 68,250/yr12 months · AED 50 per sqft
20 Mar 2024RentedRenewal
AED 65,000/yr12 months · AED 47 per sqft
20 Mar 2023RentedNew contract
AED 65,000/yr12 months · AED 47 per sqft
1 Dec 2021RentedNew contract
AED 58,000/yr12 months · AED 42 per sqft
8 Aug 2020RentedRenewal
AED 70,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 20 March 2026.

Key facts

Type
2-bed apartment
Size
1,378 sqft
Floor
16th of 25
Parking
P4 61
Service charge
AED 21,300 /yr
Last sold
AED 1.34M · March 2015
Building
Spring Tower

About 1615, Spring Tower

1615 is a two-bedroom apartment of 1,378 sqft on the 16th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 8 March 2015 for AED 1,335,000, or AED 969 per sqft, 5% below the AED 1,016 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 20 March 2026, is AED 72,000 a year: a gross yield of 5.4% on the 2015 price, before the service charge of about AED 21,300 a year.

Sales and rents for 1615 over time

Sales
Unit 1615, each saleTypical two-bed in Spring Tower
1M1.5M2010201520202025Typical 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, November 2013: AED 888,610 (AED 645 per sqft)Sold, March 2015: AED 1,335,000 (AED 969 per sqft)

1615 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1615, 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, May 2013: AED 56,650 a yearNew contract, May 2014: AED 62,000 a yearNew contract, March 2015: AED 65,100 a yearNew contract, February 2017: AED 90,000 a yearNew contract, August 2018: AED 75,000 a yearRenewal, August 2019: AED 75,000 a yearRenewal, August 2020: AED 70,000 a yearNew contract, December 2021: AED 58,000 a yearNew contract, March 2023: AED 65,000 a yearRenewal, March 2024: AED 65,000 a yearRenewal, March 2025: AED 68,250 a yearRenewal, March 2025: AED 68,250 a yearNew contract, March 2026: AED 72,000 a yearRenewal, March 2026: AED 78,000 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 1615 sits

All 85 2-beds →

1615 last sold in March 2015 at AED 969 per sqft, 5% below what two-beds in Spring Tower were fetching at the time (AED 1,016). 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. 1615's AED 72,000 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
16042-bedAED 641K · Jun 2013
16051-bedAED 764K · Nov 2010
16061-bedAED 755K · Feb 2026
16071-bedAED 942K · Sep 2013
1–7 of 15

1615, Spring Tower in numbers

  • Sold twice: first on 20 November 2013 for AED 888,610, last on 8 March 2015 for AED 1,335,000 (AED 969 per sqft).
  • Rented since May 2013 on 14 Ejari contracts, from AED 56,650 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2015 price is 5.4%, before a service charge of about AED 21,300 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 20 March 2026.

Questions about 1615, Spring Tower

What did unit 1615 last sell for?

AED 1,335,000 on 8 March 2015: AED 969 per sqft for 1,378 sqft. The unit has 2 registered sales; the first was AED 888,610 in November 2013.

What is the rent for unit 1615?

AED 72,000 a year on the contract signed on 20 March 2026. The previous contract, from March 2026, was AED 78,000; the unit has been rented since May 2013.

How big is unit 1615?

1,378 sqft (128.0 sqm): a two-bedroom apartment on the 16th floor of a 25-storey tower.

What is unit 1615 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 1615, Spring Tower

Starts from the last sale price (AED 1.34M, 8 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,335,000
Deposit, UAE resident (20%)
AED 267,000
Deposit, non-resident (40%)
AED 534,000
Monthly over 25 years at 3.7%
AED 5,462

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