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

2114, Spring Tower

Sold prices and rental history: sold once, by the developer in August 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2114 · DLD and Ejari recordsUpdated 27 October 2023
Last soldAED 573K14 August 2013
Current rentAED 38K /yr27 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2114, Spring Tower

What is 2114 worth today?

Last sold for AED 572,538 in 2013

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27 Oct 2023RentedNew contract
AED 38,000/yr12 months · AED 74 per sqft
1 Aug 2020RentedRenewal
AED 15,000/yr12 months · AED 29 per sqft
1 Aug 2018RentedRenewal
AED 25,000/yr12 months · AED 48 per sqft
1 Aug 2017RentedRenewal
AED 25,000/yr12 months · AED 48 per sqft
1 Aug 2016RentedNew contract
AED 35,000/yr12 months · AED 68 per sqft
1 Aug 2015RentedNew contract
AED 35,000/yr12 months · AED 68 per sqft
14 Aug 2013Sold by developerReady
AED 572,538AED 1,109 per sqft

Source: Dubai Land Department. Updated 27 October 2023.

Key facts

Type
Studio apartment
Size
516 sqft
Floor
21st of 25
Parking
P3 65
Service charge
AED 8,000 /yr
Last sold
AED 573K · August 2013
Building
Spring Tower

About 2114, Spring Tower

2114 is a studio of 516 sqft on the 21st floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 14 August 2013 for AED 572,538, or AED 1,109 per sqft, 65% above the AED 674 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 27 October 2023, is AED 38,000 a year: a gross yield of 6.6% on the 2013 price, before the service charge of about AED 8,000 a year.

Sales and rents for 2114 over time

Sales
Unit 2114, 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, August 2013: AED 572,538 (AED 1,109 per sqft)

2114 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2114, each contractTypical studio in Spring Tower
20K40K20112015201920232027Typical 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, August 2015: AED 35,000 a yearNew contract, August 2016: AED 35,000 a yearRenewal, August 2017: AED 25,000 a yearRenewal, August 2018: AED 25,000 a yearRenewal, August 2020: AED 15,000 a yearNew contract, October 2023: 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 2114 sits

All 139 studios →

2114 last sold in August 2013 at AED 1,109 per sqft, 65% 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. 2114'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 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

2114, Spring Tower in numbers

  • Sold once: by the developer on 14 August 2013 for AED 572,538, or AED 1,109 per sqft.
  • Rented since August 2015 on 6 Ejari contracts. The rent fell from AED 35,000 to AED 15,000 in 2020 and recovered to AED 38,000 by October 2023.
  • At AED 38,000 a year the gross yield on the 2013 price is 6.6%, 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 27 October 2023.

Questions about 2114, Spring Tower

What did unit 2114 last sell for?

AED 572,538 on 14 August 2013, sold by the developer: AED 1,109 per sqft for 516 sqft. It is the only registered sale of the unit.

What is the rent for unit 2114?

AED 38,000 a year on the contract signed on 27 October 2023. The previous contract, from August 2020, was AED 15,000; the unit has been rented since August 2015.

How big is unit 2114?

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

What is unit 2114 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 2114, Spring Tower

Starts from the last sale price (AED 573K, 14 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 572,538
Deposit, UAE resident (20%)
AED 114,508
Deposit, non-resident (40%)
AED 229,015
Monthly over 25 years at 3.7%
AED 2,342

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