2-bed · 1,378 sqftSpring Tower, Dubai Silicon Oasis · 19th floor

1902, Spring Tower

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1902 · DLD and Ejari recordsUpdated 2 September 2023
Last soldAED 1.52M26 October 2015
Current rentAED 76K /yr2 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1902, Spring Tower

What is 1902 worth today?

Last sold for AED 1,520,970 in 2015

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2 Sep 2023RentedNew contract
AED 76,000/yr12 months · AED 55 per sqft
1 Sep 2022RentedRenewal
AED 68,000/yr12 months · AED 49 per sqft
1 Sep 2021RentedNew contract
AED 65,000/yr12 months · AED 47 per sqft
1 Mar 2020RentedNew contract
AED 75,000/yr12 months · AED 54 per sqft
10 Jan 2020RentedRenewal
AED 90,000/yr12 months · AED 65 per sqft
10 Jan 2019RentedRenewal
AED 90,000/yr12 months · AED 65 per sqft
10 Jan 2018RentedNew contract
AED 90,000/yr12 months · AED 65 per sqft
6 Dec 2016RentedNew contract
AED 110,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 2 September 2023.

Key facts

Type
2-bed apartment
Size
1,378 sqft
Floor
19th of 25
Parking
P4 30
Service charge
AED 21,300 /yr
Last sold
AED 1.52M · October 2015
Building
Spring Tower

About 1902, Spring Tower

1902 is a two-bedroom apartment of 1,378 sqft on the 19th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 26 October 2015 for AED 1,520,970, or AED 1,104 per sqft, 6% above the AED 1,045 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 2 September 2023, is AED 76,000 a year: a gross yield of 5.0% on the 2015 price, before the service charge of about AED 21,300 a year.

Sales and rents for 1902 over time

Sales
Unit 1902, each saleTypical two-bed in Spring Tower
1M1.5M2010201520202025Typical sale price by year: 2010 AED 1,396,466; 2011 AED 1,498,555; 2012 AED 727,543; 2013 AED 816,000; 2014 AED 1,350,000; 2015 AED 1,334,405; 2016 AED 1,300,000; 2021 AED 687,500; 2022 AED 765,000; 2023 AED 897,500; 2024 AED 1,050,000; 2025 AED 1,100,000; 2026 AED 1,100,000Sold by developer, October 2015: AED 1,520,970 (AED 1,104 per sqft)

1902 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1902, each contractTypical two-bed in Spring Tower
50K75K100K2012201620202024Typical rent by year: 2012 AED 60,500; 2013 AED 70,000; 2014 AED 80,000; 2015 AED 90,000; 2016 AED 93,750; 2017 AED 85,000; 2018 AED 80,000; 2019 AED 72,000; 2020 AED 65,000; 2021 AED 58,000; 2022 AED 62,185; 2023 AED 65,000; 2024 AED 72,693; 2025 AED 75,000; 2026 AED 80,000New contract, May 2013: AED 80,000 a yearNew contract, September 2014: AED 110,000 a yearNew contract, December 2016: AED 110,000 a yearNew contract, January 2018: AED 90,000 a yearRenewal, January 2019: AED 90,000 a yearRenewal, January 2020: AED 90,000 a yearNew contract, March 2020: AED 75,000 a yearNew contract, September 2021: AED 65,000 a yearRenewal, September 2022: AED 68,000 a yearNew contract, September 2023: AED 76,000 a year

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 1902 sits

All 85 2-beds →

1902 last sold in October 2015 at AED 1,104 per sqft, 6% above what two-beds in Spring Tower were fetching at the time (AED 1,045). 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. 1902's AED 76,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Jul 20261,100,000
6 Jul 2026948,830
2 Apr 20261,150,000
21 Nov 20251,340,000
5 2-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 19th floor

All 413 units in Spring Tower
Value
19012-bedAED 1.33M · Oct 2015
1903StudioAED 380K · Jun 2025
19042-bedAED 1.67M · May 2016
19051-bedAED 650K · Apr 2016
19061-bedAED 440K · Aug 2022
19071-bedAED 581K · Jul 2013
19081-bedAED 914K · Aug 2015
1–7 of 14

1902, Spring Tower in numbers

  • Sold once: by the developer on 26 October 2015 for AED 1,520,970, or AED 1,104 per sqft.
  • Rented since May 2013 on 10 Ejari contracts. The rent fell from AED 80,000 to AED 65,000 in 2021 and recovered to AED 76,000 by September 2023.
  • At AED 76,000 a year the gross yield on the 2015 price is 5.0%, before a service charge of about AED 21,300 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 2 September 2023.

Questions about 1902, Spring Tower

What did unit 1902 last sell for?

AED 1,520,970 on 26 October 2015, sold by the developer: AED 1,104 per sqft for 1,378 sqft. It is the only registered sale of the unit.

What is the rent for unit 1902?

AED 76,000 a year on the contract signed on 2 September 2023. The previous contract, from September 2022, was AED 68,000; the unit has been rented since May 2013.

How big is unit 1902?

1,378 sqft (128.0 sqm): a two-bedroom apartment on the 19th floor of a 25-storey tower.

What is unit 1902 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 1902, Spring Tower

Starts from the last sale price (AED 1.52M, 26 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,520,970
Deposit, UAE resident (20%)
AED 304,194
Deposit, non-resident (40%)
AED 608,388
Monthly over 25 years at 3.7%
AED 6,223

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