1-bed · 851 sqftSpring Tower, Dubai Silicon Oasis · 21st floor

2111, Spring Tower

Sold prices and rental history: sold once, by the developer in November 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2111 · DLD and Ejari recordsUpdated 15 October 2023
Last soldAED 945K9 November 2010
Current rentAED 48K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2111, Spring Tower

What is 2111 worth today?

Last sold for AED 944,832 in 2010

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15 Oct 2023RentedNew contract
AED 48,000/yr12 months · AED 56 per sqft
10 Oct 2022RentedNew contract
AED 38,000/yr12 months · AED 45 per sqft
20 Mar 2020RentedNew contract
AED 41,000/yr12 months · AED 48 per sqft
20 Aug 2017RentedRenewal
AED 55,000/yr12 months · AED 65 per sqft
20 Aug 2016RentedRenewal
AED 55,000/yr12 months · AED 65 per sqft
20 Aug 2015RentedRenewal
AED 54,000/yr12 months · AED 64 per sqft
20 Aug 2014RentedNew contract
AED 51,000/yr12 months · AED 60 per sqft
20 Aug 2013RentedNew contract
AED 42,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 15 October 2023.

Key facts

Type
1-bed apartment
Size
851 sqft
Floor
21st of 25
Parking
P3 62
Service charge
AED 13,200 /yr
Last sold
AED 945K · November 2010
Building
Spring Tower

About 2111, Spring Tower

2111 is a one-bedroom apartment of 851 sqft on the 21st floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 9 November 2010 for AED 944,832, or AED 1,109 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 2013 on 8 Ejari contracts. The current contract, signed on 15 October 2023, is AED 48,000 a year: a gross yield of 5.1% on the 2010 price, before the service charge of about AED 13,200 a year.

Sales and rents for 2111 over time

Sales
Unit 2111, 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, November 2010: AED 944,832 (AED 1,109 per sqft)

2111 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2111, 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 2013: AED 42,000 a yearNew contract, August 2014: AED 51,000 a yearRenewal, August 2015: AED 54,000 a yearRenewal, August 2016: AED 55,000 a yearRenewal, August 2017: AED 55,000 a yearNew contract, March 2020: AED 41,000 a yearNew contract, October 2022: AED 38,000 a yearNew contract, October 2023: AED 48,000 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 2111 sits

All 173 1-beds →

2111 last sold in November 2010 at AED 1,109 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. 2111's AED 48,000 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 21st floor

All 413 units in Spring Tower
Value
21012-bedAED 1.13M · Dec 2016
21022-bedAED 1.5M · Nov 2010
2103StudioAED 570K · Aug 2016
21042-bedAED 625K · Nov 2015
21051-bedAED 680K · Oct 2024
21071-bedAED 470K · Sep 2022
21081-bedAED 919K · Nov 2010
1–7 of 14

2111, Spring Tower in numbers

  • Sold once: by the developer on 9 November 2010 for AED 944,832, or AED 1,109 per sqft.
  • Rented since August 2013 on 8 Ejari contracts, from AED 42,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2010 price is 5.1%, before a service charge of about AED 13,200 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 15 October 2023.

Questions about 2111, Spring Tower

What did unit 2111 last sell for?

AED 944,832 on 9 November 2010, sold by the developer: AED 1,109 per sqft for 851 sqft. It is the only registered sale of the unit.

What is the rent for unit 2111?

AED 48,000 a year on the contract signed on 15 October 2023. The previous contract, from October 2022, was AED 38,000; the unit has been rented since August 2013.

How big is unit 2111?

851 sqft (79.1 sqm): a one-bedroom apartment on the 21st floor of a 25-storey tower.

What is unit 2111 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 2111, Spring Tower

Starts from the last sale price (AED 945K, 9 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 944,832
Deposit, UAE resident (20%)
AED 188,966
Deposit, non-resident (40%)
AED 377,933
Monthly over 25 years at 3.7%
AED 3,866

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