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

1714, Spring Tower

Sold prices and rental history: sold twice, last in December 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1714 · DLD and Ejari recordsUpdated 1 January 2022
Last soldAED 308K12 December 2019
Current rentAED 28K /yr1 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1714, Spring Tower

What is 1714 worth today?

Last sold for AED 308,000 in 2019

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1 Jan 2022RentedNew contract
AED 28,000/yr12 months · AED 54 per sqft
10 Dec 2020RentedNew contract
AED 20,000/yr12 months · AED 39 per sqft
1 Mar 2020RentedNew contract
AED 30,000/yr12 months · AED 58 per sqft
12 Dec 2019SoldReady
AED 308,000AED 597 per sqft
20 Nov 2018RentedNew contract
AED 36,000/yr12 months · AED 70 per sqft
18 Oct 2017RentedRenewal
AED 36,750/yr12 months · AED 71 per sqft
18 Oct 2016RentedNew contract
AED 36,750/yr12 months · AED 71 per sqft
31 May 2016Sold by developerReady
AED 618,960AED 1,199 per sqft

Source: Dubai Land Department. Updated 1 January 2022.

Key facts

Type
Studio apartment
Size
516 sqft
Floor
17th of 25
Parking
P5 63
Service charge
AED 8,000 /yr
Last sold
AED 308K · December 2019
Building
Spring Tower

About 1714, Spring Tower

1714 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 12 December 2019 for AED 308,000, or AED 597 per sqft, 4% below the AED 620 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 January 2022, is AED 28,000 a year: a gross yield of 9.1% on the 2019 price, before the service charge of about AED 8,000 a year.

Sales and rents for 1714 over time

Sales
Unit 1714, 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 2016: AED 618,960 (AED 1,199 per sqft)Sold, December 2019: AED 308,000 (AED 597 per sqft)

1714 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1714, 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, October 2013: AED 30,000 a yearNew contract, October 2015: AED 36,750 a yearNew contract, October 2016: AED 36,750 a yearRenewal, October 2017: AED 36,750 a yearNew contract, November 2018: AED 36,000 a yearNew contract, March 2020: AED 30,000 a yearNew contract, December 2020: AED 20,000 a yearNew contract, January 2022: AED 28,000 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 1714 sits

All 139 studios →

1714 last sold in December 2019 at AED 597 per sqft, 4% below what studios in Spring Tower were fetching at the time (AED 620). 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. 1714's AED 28,000 is at the bottom 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
1703StudioAED 313K · Mar 2022
17042-bedAED 935K · Mar 2025
17051-bedAED 580K · Dec 2024
17061-bedAED 390K · Nov 2020
17071-bedAED 945K · Jun 2011
1–7 of 13

1714, Spring Tower in numbers

  • Sold twice: first on 31 May 2016 for AED 618,960, last on 12 December 2019 for AED 308,000 (AED 597 per sqft).
  • Rented since October 2013 on 8 Ejari contracts. The rent fell from AED 30,000 to AED 20,000 in 2020 and recovered to AED 28,000 by January 2022.
  • At AED 28,000 a year the gross yield on the 2019 price is 9.1%, 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 1 January 2022.

Questions about 1714, Spring Tower

What did unit 1714 last sell for?

AED 308,000 on 12 December 2019: AED 597 per sqft for 516 sqft. The unit has 2 registered sales; the first was AED 618,960 in May 2016.

What is the rent for unit 1714?

AED 28,000 a year on the contract signed on 1 January 2022. The previous contract, from December 2020, was AED 20,000; the unit has been rented since October 2013.

How big is unit 1714?

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

What is unit 1714 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 1714, Spring Tower

Starts from the last sale price (AED 308K, 12 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 308,000
Deposit, UAE resident (20%)
AED 61,600
Deposit, non-resident (40%)
AED 123,200
Monthly over 25 years at 3.7%
AED 1,260

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