1-bed · 828 sqftSpring Tower, Dubai Silicon Oasis · 20th floor

2009, Spring Tower

Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2009 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 916K7 June 2011
Current rentAED 43K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2009, Spring Tower

What is 2009 worth today?

Last sold for AED 916,474 in 2011

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1 May 2024RentedRenewal
AED 42,505/yr12 months · AED 51 per sqft
1 May 2023RentedRenewal
AED 40,480/yr12 months · AED 49 per sqft
1 May 2022RentedRenewal
AED 36,800/yr12 months · AED 44 per sqft
1 May 2021RentedNew contract
AED 32,000/yr12 months · AED 39 per sqft
1 Feb 2020RentedRenewal
AED 48,000/yr12 months · AED 58 per sqft
1 Feb 2019RentedNew contract
AED 52,000/yr12 months · AED 63 per sqft
23 Nov 2017RentedRenewal
AED 67,500/yr12 months · AED 81 per sqft
23 Nov 2016RentedNew contract
AED 67,500/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
1-bed apartment
Size
828 sqft
Floor
20th of 25
Parking
P2 7
Service charge
AED 12,800 /yr
Last sold
AED 916K · June 2011
Building
Spring Tower

About 2009, Spring Tower

2009 is a one-bedroom apartment of 828 sqft on the 20th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 7 June 2011 for AED 916,474, or AED 1,107 per sqft, in line with the AED 1,085 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 42,505 a year: a gross yield of 4.6% on the 2011 price, before the service charge of about AED 12,800 a year.

Sales and rents for 2009 over time

Sales
Unit 2009, 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, June 2011: AED 916,474 (AED 1,107 per sqft)

2009 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2009, 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, August 2012: AED 43,000 a yearNew contract, November 2016: AED 67,500 a yearRenewal, November 2017: AED 67,500 a yearNew contract, February 2019: AED 52,000 a yearRenewal, February 2020: AED 48,000 a yearNew contract, May 2021: AED 32,000 a yearRenewal, May 2022: AED 36,800 a yearRenewal, May 2023: AED 40,480 a yearRenewal, May 2024: AED 42,505 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 2009 sits

All 173 1-beds →

2009 last sold in June 2011 at AED 1,107 per sqft, in line with what one-beds in Spring Tower were fetching at the time (AED 1,085). 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. 2009's AED 42,505 is in the lower half 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 20th floor

All 413 units in Spring Tower
Value
20012-bedAED 835K · Aug 2013
20022-bedAED 1.05M · Nov 2024
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
1–7 of 15

2009, Spring Tower in numbers

  • Sold once: by the developer on 7 June 2011 for AED 916,474, or AED 1,107 per sqft.
  • Rented since August 2012 on 9 Ejari contracts. The rent fell from AED 43,000 to AED 32,000 in 2021 and recovered to AED 42,505 by May 2024.
  • At AED 42,505 a year the gross yield on the 2011 price is 4.6%, before a service charge of about AED 12,800 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 1 May 2024.

Questions about 2009, Spring Tower

What did unit 2009 last sell for?

AED 916,474 on 7 June 2011, sold by the developer: AED 1,107 per sqft for 828 sqft. It is the only registered sale of the unit.

What is the rent for unit 2009?

AED 42,505 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 40,480; the unit has been rented since August 2012.

How big is unit 2009?

828 sqft (76.9 sqm): a one-bedroom apartment on the 20th floor of a 25-storey tower.

What is unit 2009 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 2009, Spring Tower

Starts from the last sale price (AED 916K, 7 June 2011). Switch to today's estimate once you have unlocked it.
Price
AED 916,474
Deposit, UAE resident (20%)
AED 183,295
Deposit, non-resident (40%)
AED 366,590
Monthly over 25 years at 3.7%
AED 3,750

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