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Studio · 533 sqftSpring Tower, Dubai Silicon Oasis · 2nd floor

203, Spring Tower

Sold prices and rental history: sold twice, last in April 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 525K20 April 2014
Current rentAED 56K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Spring Tower

What is 203 worth today?

Last sold for AED 525,000 in 2014

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1 Nov 2024RentedNew contract
AED 56,000/yr12 months · AED 104 per sqft
25 Dec 2019RentedNew contract
AED 33,000/yr12 months · AED 61 per sqft
20 Apr 2014SoldReady
AED 525,000AED 984 per sqft
20 Nov 2013Sold by developerReady
AED 343,972AED 645 per sqft
20 Sep 2013RentedNew contract
AED 28,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
Studio apartment
Size
533 sqft
Floor
2nd of 25
Parking
P2 88
Service charge
AED 8,200 /yr
Last sold
AED 525K · April 2014
Building
Spring Tower

About 203, Spring Tower

203 is a studio of 533 sqft on the 2nd floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 20 April 2014 for AED 525,000, or AED 984 per sqft, 46% above the AED 674 studios in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 November 2024, is AED 56,000 a year: a gross yield of 10.7% on the 2014 price, before the service charge of about AED 8,200 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, November 2013: AED 343,972 (AED 645 per sqft)Sold, April 2014: AED 525,000 (AED 984 per sqft)

203 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 203, each contractTypical studio in Spring Tower
40K60K20112015201920232027Typical 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, September 2013: AED 28,000 a yearNew contract, December 2019: AED 33,000 a yearNew contract, November 2024: AED 56,000 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 203 sits

All 139 studios →

203 last sold in April 2014 at AED 984 per sqft, 46% above what studios in Spring Tower were fetching at the time (AED 674). 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. 203's AED 56,000 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 2nd floor

All 413 units in Spring Tower
Value
2011-bedAED 875K · May 2015
2022-bedAED 1.51M · Jul 2013
204StudioAED 450K · Dec 2016
205StudioAED 400K · May 2025
206StudioAED 490K · Jun 2025
209StudioAED 435K · Nov 2024
210StudioAED 268K · Jun 2014
1–7 of 23

203, Spring Tower in numbers

  • Sold twice: first on 20 November 2013 for AED 343,972, last on 20 April 2014 for AED 525,000 (AED 984 per sqft).
  • Rented since September 2013 on 3 Ejari contracts, from AED 28,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2014 price is 10.7%, before a service charge of about AED 8,200 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 1 November 2024.

Questions about 203, Spring Tower

What did unit 203 last sell for?

AED 525,000 on 20 April 2014: AED 984 per sqft for 533 sqft. The unit has 2 registered sales; the first was AED 343,972 in November 2013.

What is the rent for unit 203?

AED 56,000 a year on the contract signed on 1 November 2024. The previous contract, from December 2019, was AED 33,000; the unit has been rented since September 2013.

How big is unit 203?

533 sqft (49.5 sqm): a studio on the 2nd floor of a 25-storey tower.

What is unit 203 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 203, Spring Tower

Starts from the last sale price (AED 525K, 20 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 525,000
Deposit, UAE resident (20%)
AED 105,000
Deposit, non-resident (40%)
AED 210,000
Monthly over 25 years at 3.7%
AED 2,148

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