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Studio · 540 sqftSpring Tower, Dubai Silicon Oasis · 2nd floor

209, Spring Tower

Sold prices and rental history: sold 3 times, last in November 2024, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 14 November 2024
Last soldAED 435K14 November 2024
Current rentAED 38K /yr2 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 209, Spring Tower

What is 209 worth today?

Last sold for AED 435,000 in 2024

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14 Nov 2024SoldReady
AED 435,000AED 805 per sqft
2 Sep 2024RentedNew contract
AED 38,000/yr12 months · AED 70 per sqft
2 Sep 2019RentedNew contract
AED 34,000/yr12 months · AED 63 per sqft
13 May 2014SoldReady
AED 265,000AED 490 per sqft
20 Mar 2014RentedNew contract
AED 31,900/yr12 months · AED 59 per sqft
20 Nov 2013Sold by developerReady
AED 348,216AED 644 per sqft

Source: Dubai Land Department. Updated 14 November 2024.

Key facts

Type
Studio apartment
Size
540 sqft
Floor
2nd of 25
Parking
P2 82
Service charge
AED 8,300 /yr
Last sold
AED 435K · November 2024
Building
Spring Tower

About 209, Spring Tower

209 is a studio of 540 sqft on the 2nd floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 14 November 2024 for AED 435,000, or AED 805 per sqft, 6% above the AED 758 studios in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 2 September 2024, is AED 38,000 a year: a gross yield of 8.7% on the 2024 price, before the service charge of about AED 8,300 a year.

Sales and rents for 209 over time

Sales
Unit 209, 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 348,216 (AED 644 per sqft)Sold, May 2014: AED 265,000 (AED 490 per sqft)Sold, November 2024: AED 435,000 (AED 805 per sqft)

209 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 209, each contractTypical studio in Spring Tower
40K20112015201920232027Typical 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, March 2014: AED 31,900 a yearNew contract, September 2019: AED 34,000 a yearNew contract, September 2024: AED 38,000 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 209 sits

All 139 studios →

209 last sold in November 2024 at AED 805 per sqft, 6% above what studios in Spring Tower were fetching at the time (AED 758). 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. 209's AED 38,000 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
203StudioAED 525K · Apr 2014
204StudioAED 450K · Dec 2016
205StudioAED 400K · May 2025
206StudioAED 490K · Jun 2025
210StudioAED 268K · Jun 2014
1–7 of 23

209, Spring Tower in numbers

  • Sold 3 times: first on 20 November 2013 for AED 348,216, last on 14 November 2024 for AED 435,000 (AED 805 per sqft).
  • Rented since March 2014 on 3 Ejari contracts, from AED 31,900 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2024 price is 8.7%, before a service charge of about AED 8,300 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 14 November 2024.

Questions about 209, Spring Tower

What did unit 209 last sell for?

AED 435,000 on 14 November 2024: AED 805 per sqft for 540 sqft. The unit has 3 registered sales; the first was AED 348,216 in November 2013.

What is the rent for unit 209?

AED 38,000 a year on the contract signed on 2 September 2024. The previous contract, from September 2019, was AED 34,000; the unit has been rented since March 2014.

How big is unit 209?

540 sqft (50.2 sqm): a studio on the 2nd floor of a 25-storey tower.

What is unit 209 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 209, Spring Tower

Starts from the last sale price (AED 435K, 14 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 435,000
Deposit, UAE resident (20%)
AED 87,000
Deposit, non-resident (40%)
AED 174,000
Monthly over 25 years at 3.7%
AED 1,780

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