Studio · 516 sqftSpring Tower, Dubai Silicon Oasis · 17th floor

1703, Spring Tower

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

Unit 1703 · DLD and Ejari recordsUpdated 25 May 2025
Last soldAED 313K3 March 2022
Current rentAED 34K /yr25 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Spring Tower

What is 1703 worth today?

Last sold for AED 313,000 in 2022

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25 May 2025RentedRenewal
AED 34,000/yr12 months · AED 66 per sqft
25 May 2024RentedRenewal
AED 32,000/yr12 months · AED 62 per sqft
25 May 2023RentedRenewal
AED 30,000/yr12 months · AED 58 per sqft
25 May 2022RentedNew contract
AED 26,000/yr12 months · AED 50 per sqft
3 Mar 2022SoldReady
AED 313,000AED 606 per sqft
18 Nov 2021SoldReady
AED 270,000AED 523 per sqft
25 May 2021RentedNew contract
AED 24,000/yr12 months · AED 46 per sqft
25 May 2019RentedNew contract
AED 28,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 25 May 2025.

Key facts

Type
Studio apartment
Size
516 sqft
Floor
17th of 25
Parking
P5 96
Service charge
AED 8,000 /yr
Last sold
AED 313K · March 2022
Building
Spring Tower

About 1703, Spring Tower

1703 is a studio of 516 sqft on the 17th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 3 March 2022 for AED 313,000, or AED 606 per sqft, 9% above the AED 556 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 25 May 2025, is AED 34,000 a year: a gross yield of 10.9% on the 2022 price, before the service charge of about AED 8,000 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, 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, May 2010: AED 566,348 (AED 1,097 per sqft)Sold, November 2021: AED 270,000 (AED 523 per sqft)Sold, March 2022: AED 313,000 (AED 606 per sqft)

1703 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1703, each contractTypical studio in Spring Tower
20K40K20112015201920232027Typical 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, June 2014: AED 48,000 a yearNew contract, May 2017: AED 45,000 a yearNew contract, May 2018: AED 40,000 a yearNew contract, May 2019: AED 28,000 a yearNew contract, May 2021: AED 24,000 a yearNew contract, May 2022: AED 26,000 a yearRenewal, May 2023: AED 30,000 a yearRenewal, May 2024: AED 32,000 a yearRenewal, May 2025: AED 34,000 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 1703 sits

All 139 studios →

1703 last sold in March 2022 at AED 606 per sqft, 9% above what studios in Spring Tower were fetching at the time (AED 556). 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. 1703's AED 34,000 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 17th floor

All 413 units in Spring Tower
Value
17012-bedAED 816K · Jul 2013
17022-bedAED 770K · Apr 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

1703, Spring Tower in numbers

  • Sold 3 times: first on 9 May 2010 for AED 566,348, last on 3 March 2022 for AED 313,000 (AED 606 per sqft).
  • Rented since June 2014 on 9 Ejari contracts. The rent fell from AED 48,000 to AED 24,000 in 2021 and recovered to AED 34,000 by May 2025.
  • At AED 34,000 a year the gross yield on the 2022 price is 10.9%, 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 25 May 2025.

Questions about 1703, Spring Tower

What did unit 1703 last sell for?

AED 313,000 on 3 March 2022: AED 606 per sqft for 516 sqft. The unit has 3 registered sales; the first was AED 566,348 in May 2010.

What is the rent for unit 1703?

AED 34,000 a year on the contract renewed on 25 May 2025. The previous contract, from May 2024, was AED 32,000; the unit has been rented since June 2014.

How big is unit 1703?

516 sqft (47.9 sqm): a studio on the 17th floor of a 25-storey tower.

What is unit 1703 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 1703, Spring Tower

Starts from the last sale price (AED 313K, 3 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 313,000
Deposit, UAE resident (20%)
AED 62,600
Deposit, non-resident (40%)
AED 125,200
Monthly over 25 years at 3.7%
AED 1,281

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