1-bed · 698 sqftSpring Tower, Dubai Silicon Oasis · 18th floor

1812, Spring Tower

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1812 · DLD and Ejari recordsUpdated 29 November 2021
Last soldAED 400K29 November 2021
Current rentAED 36K /yr5 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1812, Spring Tower

What is 1812 worth today?

Last sold for AED 400,000 in 2021

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29 Nov 2021SoldReady
AED 400,000AED 572 per sqft
5 Sep 2020RentedNew contract
AED 36,000/yr12 months · AED 51 per sqft
1 Nov 2018RentedRenewal
AED 56,000/yr12 months · AED 80 per sqft
1 Nov 2016RentedNew contract
AED 61,000/yr12 months · AED 87 per sqft
22 Sep 2016Sold by developerReady
AED 726,034AED 1,039 per sqft
1 Jan 2014RentedNew contract
AED 50,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 29 November 2021.

Key facts

Type
1-bed apartment
Size
698 sqft
Floor
18th of 25
Parking
P6 62
Service charge
AED 10,800 /yr
Last sold
AED 400K · November 2021
Building
Spring Tower

About 1812, Spring Tower

1812 is a one-bedroom apartment of 698 sqft on the 18th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 29 November 2021 for AED 400,000, or AED 572 per sqft, 9% above the AED 523 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 5 September 2020, is AED 36,000 a year: a gross yield of 9.0% on the 2021 price, before the service charge of about AED 10,800 a year.

Sales and rents for 1812 over time

Sales
Unit 1812, each saleTypical one-bed in Spring Tower
500K750K1M2010201520202025Typical sale price by year: 2010 AED 934,677; 2011 AED 936,751; 2012 AED 447,148; 2013 AED 549,190; 2014 AED 762,336; 2015 AED 820,000; 2016 AED 816,265; 2017 AED 675,000; 2018 AED 655,000; 2019 AED 610,000; 2020 AED 395,000; 2021 AED 400,000; 2022 AED 440,000; 2023 AED 540,000; 2024 AED 580,000; 2025 AED 750,000; 2026 AED 715,000Sold by developer, September 2016: AED 726,034 (AED 1,039 per sqft)Sold, November 2021: AED 400,000 (AED 572 per sqft)

1812 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1812, each contractTypical one-bed in Spring Tower
40K60K20112015201920232027Typical rent by year: 2011 AED 42,000; 2012 AED 41,000; 2013 AED 43,525; 2014 AED 51,000; 2015 AED 65,000; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 54,000; 2019 AED 48,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 38,500; 2023 AED 43,275; 2024 AED 46,000; 2025 AED 50,000; 2026 AED 54,250New contract, January 2014: AED 50,000 a yearNew contract, November 2016: AED 61,000 a yearRenewal, November 2018: AED 56,000 a yearNew contract, September 2020: AED 36,000 a year

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

1-beds in Spring Tower, and where 1812 sits

All 173 1-beds →

1812 last sold in November 2021 at AED 572 per sqft, 9% above what one-beds in Spring Tower were fetching at the time (AED 523). Over the last 12 months one-beds sold for AED 710,000 to 850,000, around AED 878 per sqft, and rent for AED 42,000 to 80,000 a year. 1812's AED 36,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Aug 2026825,000
24 Apr 2026850,000
16 Mar 2026710,000
9 Feb 2026755,000
11 1-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 18th floor

All 413 units in Spring Tower
Value
18012-bedAED 907K · Aug 2013
18022-bedAED 1.1M · Dec 2024
1803StudioAED 350K · Jan 2023
18061-bedAED 490K · Oct 2023
18071-bedAED 400K · Sep 2020
18091-bedAED 715K · Jan 2026
18111-bedAED 842K · Jun 2011
1–7 of 11

1812, Spring Tower in numbers

  • Sold twice: first on 22 September 2016 for AED 726,034, last on 29 November 2021 for AED 400,000 (AED 572 per sqft).
  • Rented since January 2014 on 4 Ejari contracts, from AED 50,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2021 price is 9.0%, before a service charge of about AED 10,800 a year (AED 15.45 per sqft).
  • One-beds in Spring Tower sold for AED 710,000–850,000 in the 12 months to November 2026; the building's median across all types is AED 878 per sqft.

Source: Dubai Land Department. Updated 29 November 2021.

Questions about 1812, Spring Tower

What did unit 1812 last sell for?

AED 400,000 on 29 November 2021: AED 572 per sqft for 698 sqft. The unit has 2 registered sales; the first was AED 726,034 in September 2016.

What is the rent for unit 1812?

AED 36,000 a year on the contract signed on 5 September 2020. The previous contract, from November 2018, was AED 56,000; the unit has been rented since January 2014.

How big is unit 1812?

698 sqft (64.8 sqm): a one-bedroom apartment on the 18th floor of a 25-storey tower.

What is unit 1812 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Spring Tower sold for AED 710,000 to 850,000 in the last 12 months, around AED 878 per sqft.

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Mortgage on 1812, Spring Tower

Starts from the last sale price (AED 400K, 29 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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