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2-bed · 1,209 sqftSpring Tower, Dubai Silicon Oasis · 17th floor

1701, Spring Tower

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

Unit 1701 · DLD and Ejari recordsUpdated 10 August 2022
Last soldAED 816K8 July 2013
Current rentAED 70K /yr10 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1701, Spring Tower

What is 1701 worth today?

Last sold for AED 816,000 in 2013

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10 Aug 2022RentedNew contract
AED 70,000/yr12 months · AED 58 per sqft
8 Jul 2013Sold by developerReady
AED 816,000AED 675 per sqft
1 Aug 2012RentedNew contract
AED 55,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 10 August 2022.

Key facts

Type
2-bed apartment
Size
1,209 sqft
Floor
17th of 25
Parking
P5 25
Service charge
AED 18,700 /yr
Last sold
AED 816K · July 2013
Building
Spring Tower

About 1701, Spring Tower

1701 is a two-bedroom apartment of 1,209 sqft on the 17th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 8 July 2013 for AED 816,000, or AED 675 per sqft, 35% above the AED 500 two-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 10 August 2022, is AED 70,000 a year: a gross yield of 8.6% on the 2013 price, before the service charge of about AED 18,700 a year.

Sales and rents for 1701 over time

Sales
Unit 1701, 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, July 2013: AED 816,000 (AED 675 per sqft)

1701 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1701, 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 2022: AED 70,000 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 1701 sits

All 85 2-beds →

1701 last sold in July 2013 at AED 675 per sqft, 35% above 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. 1701's AED 70,000 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 17th floor

All 413 units in Spring Tower
Value
17022-bedAED 770K · Apr 2022
1703StudioAED 313K · Mar 2022
17042-bedAED 935K · Mar 2025
17051-bedAED 580K · Dec 2024
17061-bedAED 390K · Nov 2020
17071-bedAED 945K · Jun 2011
17081-bedAED 815K · Oct 2025
1–7 of 13

1701, Spring Tower in numbers

  • Sold once: by the developer on 8 July 2013 for AED 816,000, or AED 675 per sqft.
  • Rented since August 2012 on 2 Ejari contracts, from AED 55,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2013 price is 8.6%, before a service charge of about AED 18,700 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 10 August 2022.

Questions about 1701, Spring Tower

What did unit 1701 last sell for?

AED 816,000 on 8 July 2013, sold by the developer: AED 675 per sqft for 1,209 sqft. It is the only registered sale of the unit.

What is the rent for unit 1701?

AED 70,000 a year on the contract signed on 10 August 2022. The previous contract, from August 2012, was AED 55,000.

How big is unit 1701?

1,209 sqft (112.3 sqm): a two-bedroom apartment on the 17th floor of a 25-storey tower.

What is unit 1701 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 1701, Spring Tower

Starts from the last sale price (AED 816K, 8 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 816,000
Deposit, UAE resident (20%)
AED 163,200
Deposit, non-resident (40%)
AED 326,400
Monthly over 25 years at 3.7%
AED 3,339

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