2-bed · 1,378 sqftSpring Tower, Dubai Silicon Oasis · 20th floor

2002, Spring Tower

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2002 · DLD and Ejari recordsUpdated 6 November 2024
Last soldAED 1.05M6 November 2024
Current rentAED 64K /yr13 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2002, Spring Tower

What is 2002 worth today?

Last sold for AED 1,050,000 in 2024

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6 Nov 2024SoldReady
AED 1,050,000AED 762 per sqft
13 Oct 2023RentedRenewal
AED 64,000/yr12 months · AED 46 per sqft
13 Oct 2022RentedRenewal
AED 61,000/yr12 months · AED 44 per sqft
13 Oct 2021RentedNew contract
AED 60,000/yr12 months · AED 44 per sqft
20 Sep 2020RentedRenewal
AED 60,000/yr12 months · AED 44 per sqft
20 Sep 2019RentedNew contract
AED 68,000/yr12 months · AED 49 per sqft
1 Aug 2013RentedNew contract
AED 65,000/yr12 months · AED 47 per sqft
17 Jun 2013Sold by developerReady
AED 688,845AED 500 per sqft

Source: Dubai Land Department. Updated 6 November 2024.

Key facts

Type
2-bed apartment
Size
1,378 sqft
Floor
20th of 25
Parking
P2 24
Service charge
AED 21,300 /yr
Last sold
AED 1.05M · November 2024
Building
Spring Tower

About 2002, Spring Tower

2002 is a two-bedroom apartment of 1,378 sqft on the 20th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 6 November 2024 for AED 1,050,000, or AED 762 per sqft, in line with the AED 767 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 13 October 2023, is AED 64,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 21,300 a year.

Sales and rents for 2002 over time

Sales
Unit 2002, 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, June 2013: AED 688,845 (AED 500 per sqft)Sold, November 2024: AED 1,050,000 (AED 762 per sqft)

2002 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2002, each contractTypical two-bed in Spring Tower
60K80K100K2012201620202024Typical 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, August 2013: AED 65,000 a yearNew contract, September 2019: AED 68,000 a yearRenewal, September 2020: AED 60,000 a yearNew contract, October 2021: AED 60,000 a yearRenewal, October 2022: AED 61,000 a yearRenewal, October 2023: AED 64,000 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 2002 sits

All 85 2-beds →

2002 last sold in November 2024 at AED 762 per sqft, in line with what two-beds in Spring Tower were fetching at the time (AED 767). 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. 2002's AED 64,000 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 20th floor

All 413 units in Spring Tower
Value
20012-bedAED 835K · Aug 2013
2003StudioAED 407K · Aug 2025
20042-bedAED 1.1M · Jul 2025
20051-bedAED 380K · Sep 2021
20061-bedAED 510K · Aug 2023
20071-bedAED 560K · Jun 2023
20081-bedAED 740K · Oct 2025
1–7 of 15

2002, Spring Tower in numbers

  • Sold twice: first on 17 June 2013 for AED 688,845, last on 6 November 2024 for AED 1,050,000 (AED 762 per sqft).
  • Rented since August 2013 on 6 Ejari contracts, from AED 65,000 to AED 64,000 a year.
  • At AED 64,000 a year the gross yield on the 2024 price is 6.1%, 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 6 November 2024.

Questions about 2002, Spring Tower

What did unit 2002 last sell for?

AED 1,050,000 on 6 November 2024: AED 762 per sqft for 1,378 sqft. The unit has 2 registered sales; the first was AED 688,845 in June 2013.

What is the rent for unit 2002?

AED 64,000 a year on the contract renewed on 13 October 2023. The previous contract, from October 2022, was AED 61,000; the unit has been rented since August 2013.

How big is unit 2002?

1,378 sqft (128.0 sqm): a two-bedroom apartment on the 20th floor of a 25-storey tower.

What is unit 2002 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 2002, Spring Tower

Starts from the last sale price (AED 1.05M, 6 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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