Studio · 516 sqftSpring Tower, Dubai Silicon Oasis · 18th floor

1814, Spring Tower

Sold prices and rental history: sold 3 times, last in August 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1814 · DLD and Ejari recordsUpdated 5 October 2024
Last soldAED 585K10 August 2016
Current rentAED 41K /yr5 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1814, Spring Tower

What is 1814 worth today?

Last sold for AED 585,000 in 2016

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5 Oct 2024RentedNew contract
AED 41,000/yr12 months · AED 79 per sqft
1 Dec 2023RentedRenewal
AED 32,000/yr12 months · AED 62 per sqft
1 Dec 2022RentedNew contract
AED 30,000/yr12 months · AED 58 per sqft
25 Jul 2021RentedNew contract
AED 25,000/yr12 months · AED 48 per sqft
1 Nov 2020RentedRenewal
AED 27,000/yr12 months · AED 52 per sqft
1 Nov 2019RentedNew contract
AED 30,000/yr12 months · AED 58 per sqft
26 Aug 2018RentedRenewal
AED 41,000/yr12 months · AED 79 per sqft
26 Aug 2017RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 5 October 2024.

Key facts

Type
Studio apartment
Size
516 sqft
Floor
18th of 25
Parking
P6 60
Service charge
AED 8,000 /yr
Last sold
AED 585K · August 2016
Building
Spring Tower

About 1814, Spring Tower

1814 is a studio of 516 sqft on the 18th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 10 August 2016 for AED 585,000, or AED 1,134 per sqft, in line with the AED 1,112 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 5 October 2024, is AED 41,000 a year: a gross yield of 7.0% on the 2016 price, before the service charge of about AED 8,000 a year.

Sales and rents for 1814 over time

Sales
Unit 1814, 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, July 2013: AED 348,165 (AED 674 per sqft)Sold, March 2016: AED 490,000 (AED 949 per sqft)Sold, August 2016: AED 585,000 (AED 1,134 per sqft)

1814 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1814, each contractTypical studio in Spring Tower
40K20112015201920232027Typical 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, August 2017: AED 45,000 a yearRenewal, August 2018: AED 41,000 a yearNew contract, November 2019: AED 30,000 a yearRenewal, November 2020: AED 27,000 a yearNew contract, July 2021: AED 25,000 a yearNew contract, December 2022: AED 30,000 a yearRenewal, December 2023: AED 32,000 a yearNew contract, October 2024: AED 41,000 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 1814 sits

All 139 studios →

1814 last sold in August 2016 at AED 1,134 per sqft, in line with what studios in Spring Tower were fetching at the time (AED 1,112). 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. 1814's AED 41,000 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 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

1814, Spring Tower in numbers

  • Sold 3 times: first on 8 July 2013 for AED 348,165, last on 10 August 2016 for AED 585,000 (AED 1,134 per sqft).
  • Rented since August 2017 on 8 Ejari contracts. The rent fell from AED 45,000 to AED 25,000 in 2021 and recovered to AED 41,000 by October 2024.
  • At AED 41,000 a year the gross yield on the 2016 price is 7.0%, 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 5 October 2024.

Questions about 1814, Spring Tower

What did unit 1814 last sell for?

AED 585,000 on 10 August 2016: AED 1,134 per sqft for 516 sqft. The unit has 3 registered sales; the first was AED 348,165 in July 2013.

What is the rent for unit 1814?

AED 41,000 a year on the contract signed on 5 October 2024. The previous contract, from December 2023, was AED 32,000; the unit has been rented since August 2017.

How big is unit 1814?

516 sqft (47.9 sqm): a studio on the 18th floor of a 25-storey tower.

What is unit 1814 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 1814, Spring Tower

Starts from the last sale price (AED 585K, 10 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 585,000
Deposit, UAE resident (20%)
AED 117,000
Deposit, non-resident (40%)
AED 234,000
Monthly over 25 years at 3.7%
AED 2,393

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