Studio · 516 sqftSpring Tower, Dubai Silicon Oasis · 21st floor

2103, Spring Tower

Sold prices and rental history: sold 3 times, last in August 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2103 · DLD and Ejari recordsUpdated 15 May 2023
Last soldAED 570K25 August 2016
Current rentAED 32K /yr15 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2103, Spring Tower

What is 2103 worth today?

Last sold for AED 570,000 in 2016

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15 May 2023RentedNew contract
AED 32,000/yr12 months · AED 62 per sqft
10 Nov 2022RentedNew contract
AED 30,000/yr12 months · AED 58 per sqft
1 Oct 2021RentedNew contract
AED 25,000/yr12 months · AED 48 per sqft
17 Jan 2020RentedNew contract
AED 29,000/yr12 months · AED 56 per sqft
22 Nov 2018RentedNew contract
AED 35,000/yr12 months · AED 68 per sqft
9 Sep 2017RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
25 Aug 2016SoldReady
AED 570,000AED 1,105 per sqft
17 Aug 2016SoldReady
AED 500,000AED 969 per sqft

Source: Dubai Land Department. Updated 15 May 2023.

Key facts

Type
Studio apartment
Size
516 sqft
Floor
21st of 25
Parking
P3 3
Service charge
AED 8,000 /yr
Last sold
AED 570K · August 2016
Building
Spring Tower

About 2103, Spring Tower

2103 is a studio of 516 sqft on the 21st floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 25 August 2016 for AED 570,000, or AED 1,105 per sqft, in line with the AED 1,105 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 15 May 2023, is AED 32,000 a year: a gross yield of 5.6% on the 2016 price, before the service charge of about AED 8,000 a year.

Sales and rents for 2103 over time

Sales
Unit 2103, 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, July 2013: AED 348,165 (AED 674 per sqft)Sold, August 2016: AED 570,000 (AED 1,105 per sqft)Sold, August 2016: AED 500,000 (AED 969 per sqft)

2103 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2103, 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, February 2013: AED 29,000 a yearNew contract, September 2017: AED 45,000 a yearNew contract, November 2018: AED 35,000 a yearNew contract, January 2020: AED 29,000 a yearNew contract, October 2021: AED 25,000 a yearNew contract, November 2022: AED 30,000 a yearNew contract, May 2023: AED 32,000 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 2103 sits

All 139 studios →

2103 last sold in August 2016 at AED 1,105 per sqft, in line with what studios in Spring Tower were fetching at the time (AED 1,105). 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. 2103's AED 32,000 is at the bottom 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 21st floor

All 413 units in Spring Tower
Value
21012-bedAED 1.13M · Dec 2016
21022-bedAED 1.5M · Nov 2010
21042-bedAED 625K · Nov 2015
21051-bedAED 680K · Oct 2024
21071-bedAED 470K · Sep 2022
21081-bedAED 919K · Nov 2010
21091-bedAED 553K · Feb 2024
1–7 of 14

2103, Spring Tower in numbers

  • Sold 3 times: first on 8 July 2013 for AED 348,165, last on 25 August 2016 for AED 570,000 (AED 1,105 per sqft).
  • Rented since February 2013 on 7 Ejari contracts. The rent fell from AED 29,000 to AED 25,000 in 2021 and recovered to AED 32,000 by May 2023.
  • At AED 32,000 a year the gross yield on the 2016 price is 5.6%, before a service charge of about AED 8,000 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 15 May 2023.

Questions about 2103, Spring Tower

What did unit 2103 last sell for?

AED 570,000 on 25 August 2016: AED 1,105 per sqft for 516 sqft. The unit has 3 registered sales; the first was AED 348,165 in July 2013.

What is the rent for unit 2103?

AED 32,000 a year on the contract signed on 15 May 2023. The previous contract, from November 2022, was AED 30,000; the unit has been rented since February 2013.

How big is unit 2103?

516 sqft (47.9 sqm): a studio on the 21st floor of a 25-storey tower.

What is unit 2103 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 2103, Spring Tower

Starts from the last sale price (AED 570K, 25 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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