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Studio · 456 sqftSpring Tower, Dubai Silicon Oasis · 2nd floor

217, Spring Tower

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

Unit 217 · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 490K1 June 2014
Current rentAED 42K /yr15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 217, Spring Tower

What is 217 worth today?

Last sold for AED 490,000 in 2014

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15 Oct 2025RentedRenewal
AED 42,000/yr12 months · AED 93 per sqft
15 Oct 2024RentedNew contract
AED 40,000/yr12 months · AED 88 per sqft
10 Aug 2023RentedRenewal
AED 30,250/yr12 months · AED 67 per sqft
10 Aug 2022RentedNew contract
AED 28,000/yr12 months · AED 62 per sqft
10 May 2021RentedNew contract
AED 25,000/yr12 months · AED 55 per sqft
25 Mar 2019RentedNew contract
AED 35,000/yr12 months · AED 77 per sqft
5 Nov 2014RentedRenewal
AED 34,000/yr12 months · AED 75 per sqft
5 Nov 2014RentedNew contract
AED 34,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 15 October 2025.

Key facts

Type
Studio apartment
Size
456 sqft
Floor
2nd of 25
Parking
P2 41
Service charge
AED 7,000 /yr
Last sold
AED 490K · June 2014
Building
Spring Tower

About 217, Spring Tower

217 is a studio of 456 sqft on the 2nd floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 1 June 2014 for AED 490,000, or AED 1,073 per sqft, 59% above the AED 674 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 October 2025, is AED 42,000 a year: a gross yield of 8.6% on the 2014 price, before the service charge of about AED 7,000 a year.

Sales and rents for 217 over time

Sales
Unit 217, 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, September 2013: AED 282,875 (AED 619 per sqft)Sold, June 2014: AED 490,000 (AED 1,073 per sqft)

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

Rents
Unit 217, 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, November 2013: AED 34,000 a yearRenewal, November 2014: AED 34,000 a yearNew contract, November 2014: AED 34,000 a yearNew contract, March 2019: AED 35,000 a yearNew contract, May 2021: AED 25,000 a yearNew contract, August 2022: AED 28,000 a yearRenewal, August 2023: AED 30,250 a yearNew contract, October 2024: AED 40,000 a yearRenewal, October 2025: AED 42,000 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 217 sits

All 139 studios →

217 last sold in June 2014 at AED 1,073 per sqft, 59% 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. 217's AED 42,000 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
209StudioAED 435K · Nov 2024
1–7 of 23

217, Spring Tower in numbers

  • Sold twice: first on 2 September 2013 for AED 282,875, last on 1 June 2014 for AED 490,000 (AED 1,073 per sqft).
  • Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 34,000 to AED 25,000 in 2021 and recovered to AED 42,000 by October 2025.
  • At AED 42,000 a year the gross yield on the 2014 price is 8.6%, before a service charge of about AED 7,000 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 October 2025.

Questions about 217, Spring Tower

What did unit 217 last sell for?

AED 490,000 on 1 June 2014: AED 1,073 per sqft for 456 sqft. The unit has 2 registered sales; the first was AED 282,875 in September 2013.

What is the rent for unit 217?

AED 42,000 a year on the contract renewed on 15 October 2025. The previous contract, from October 2024, was AED 40,000; the unit has been rented since November 2013.

How big is unit 217?

456 sqft (42.4 sqm): a studio on the 2nd floor of a 25-storey tower.

What is unit 217 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 217, Spring Tower

Starts from the last sale price (AED 490K, 1 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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