1816, Spring Tower
Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1816, Spring Tower
What is 1816 worth today?
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Source: Dubai Land Department. Updated 27 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,209 sqft
- Floor
- 18th of 25
- Parking
- P6 58
- Service charge
- AED 18,700 /yr
- Last sold
- AED 816K · July 2013
- Building
- Spring Tower
About 1816, Spring Tower
1816 is a two-bedroom apartment of 1,209 sqft on the 18th 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 continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 27 March 2025, is AED 80,000 a year: a gross yield of 9.8% on the 2013 price, before the service charge of about AED 18,700 a year.
Sales and rents for 1816 over time
1816 has sold once; the dashed line is the two-bed median of each year in the building.
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 1816 sits
All 85 2-beds →1816 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. 1816's AED 80,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jul 20269 July 2026 | 1,209 sqft | 1,100,000 | 910 | ||
| 6 Jul 20266 July 2026 | 1,296 sqft | 948,830 | 732 | ||
| 2 Apr 20262 April 2026 | 1,281 sqft | 1,150,000 | 897 | ||
| 21 Nov 202521 November 2025 | 1,626 sqft | 1,340,000 | 824 |
Spring Tower
Building413 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%
Other units on the 18th floor
All 413 units in Spring Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1801 | 2-bed | 1,209 sqft | AED 907KAED 906,525 · Aug 2013August 2013 | 70,000 /yr | |
| 1802 | 2-bed | 1,378 sqft | AED 1.1MAED 1,100,000 · Dec 2024December 2024 | 68,762 /yr | |
| 1803 | Studio | 516 sqft | AED 350KAED 350,000 · Jan 2023January 2023 | 35,000 /yr | |
| 1806 | 1-bed | 765 sqft | AED 490KAED 490,000 · Oct 2023October 2023 | 44,100 /yr | |
| 1807 | 1-bed | 861 sqft | AED 400KAED 400,000 · Sep 2020September 2020 | 48,000 /yr | |
| 1809 | 1-bed | 828 sqft | AED 715KAED 715,000 · Jan 2026January 2026 | 62,000 /yr | |
| 1811 | 1-bed | 765 sqft | AED 842KAED 841,748 · Jun 2011June 2011 | 50,000 /yr | |
| 1812 | 1-bed | 698 sqft | AED 400KAED 400,000 · Nov 2021November 2021 | 36,000 /yr | |
| 1813 | 2-bed | 1,281 sqft | AED 1.41MAED 1,410,568 · Oct 2011October 2011 | 64,500 /yr | |
| 1814 | Studio | 516 sqft | AED 585KAED 585,000 · Aug 2016August 2016 | 41,000 /yr | |
| 1815 | 2-bed | 1,378 sqft | AED 1.52MAED 1,516,837 · Oct 2011October 2011 | 90,000 /yr |
1816, Spring Tower in numbers
- Sold once: by the developer on 8 July 2013 for AED 816,000, or AED 675 per sqft.
- Rented since December 2012 on 12 Ejari contracts. The rent fell from AED 62,000 to AED 52,000 in 2021 and recovered to AED 80,000 by March 2025.
- At AED 80,000 a year the gross yield on the 2013 price is 9.8%, 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 27 March 2025.
Questions about 1816, Spring Tower
What did unit 1816 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 1816?
AED 80,000 a year on the contract renewed on 27 March 2025. The previous contract, from March 2025, was AED 80,000; the unit has been rented since December 2012.
How big is unit 1816?
1,209 sqft (112.3 sqm): a two-bedroom apartment on the 18th floor of a 25-storey tower.
What is unit 1816 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 1816, 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 →