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Studio · 188 sqftSpring Tower, Dubai Silicon Oasis · 2nd floor

218, Spring Tower

Sold prices and rental history: sold 3 times, last in March 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 218 · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 185K20 March 2025
Current rentAED 34K /yr5 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 218, Spring Tower

What is 218 worth today?

Last sold for AED 185,000 in 2025

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20 Mar 2025SoldReady
AED 185,000AED 984 per sqft
5 Oct 2024RentedRenewal
AED 34,000/yr12 months · AED 62 per sqft
5 Oct 2023RentedRenewal
AED 31,500/yr12 months · AED 57 per sqft
5 Oct 2022RentedRenewal
AED 29,700/yr12 months · AED 54 per sqft
5 Oct 2021RentedRenewal
AED 27,000/yr12 months · AED 49 per sqft
5 Oct 2020RentedNew contract
AED 29,000/yr12 months · AED 53 per sqft
1 Apr 2019RentedNew contract
AED 38,000/yr12 months · AED 69 per sqft
29 Jan 2016RentedNew contract
AED 45,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 20 March 2025.

Key facts

Type
Studio apartment
Size
188 sqft
Floor
2nd of 25
Parking
P2 42
Service charge
AED 2,900 /yr
Last sold
AED 185K · March 2025
Building
Spring Tower

About 218, Spring Tower

218 is a studio of 188 sqft on the 2nd floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 20 March 2025 for AED 185,000, or AED 984 per sqft, 22% above the AED 805 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 5 October 2024, is AED 34,000 a year: a gross yield of 18.4% on the 2025 price, before the service charge of about AED 2,900 a year.

Sales and rents for 218 over time

Sales
Unit 218, each saleTypical studio in Spring Tower
200K400K600K2010201520202025Typical 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 342,562 (AED 620 per sqft)Sold, June 2014: AED 500,000 (AED 904 per sqft)Sold, March 2025: AED 185,000 (AED 984 per sqft)

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

Rents
Unit 218, 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, January 2015: AED 45,000 a yearNew contract, January 2016: AED 45,000 a yearNew contract, April 2019: AED 38,000 a yearNew contract, October 2020: AED 29,000 a yearRenewal, October 2021: AED 27,000 a yearRenewal, October 2022: AED 29,700 a yearRenewal, October 2023: AED 31,500 a yearRenewal, October 2024: AED 34,000 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 218 sits

All 139 studios →

218 last sold in March 2025 at AED 984 per sqft, 22% above what studios in Spring Tower were fetching at the time (AED 805). 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. 218's AED 34,000 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

218, Spring Tower in numbers

  • Sold 3 times: first on 19 August 2013 for AED 342,562, last on 20 March 2025 for AED 185,000 (AED 984 per sqft).
  • Rented since January 2015 on 8 Ejari contracts. The rent fell from AED 45,000 to AED 27,000 in 2021 and recovered to AED 34,000 by October 2024.
  • At AED 34,000 a year the gross yield on the 2025 price is 18.4%, before a service charge of about AED 2,900 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 20 March 2025.

Questions about 218, Spring Tower

What did unit 218 last sell for?

AED 185,000 on 20 March 2025: AED 984 per sqft for 188 sqft. The unit has 3 registered sales; the first was AED 342,562 in August 2013.

What is the rent for unit 218?

AED 34,000 a year on the contract renewed on 5 October 2024. The previous contract, from October 2023, was AED 31,500; the unit has been rented since January 2015.

How big is unit 218?

188 sqft (17.5 sqm): a studio on the 2nd floor of a 25-storey tower.

What is unit 218 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 218, Spring Tower

Starts from the last sale price (AED 185K, 20 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 185,000
Deposit, UAE resident (20%)
AED 37,000
Deposit, non-resident (40%)
AED 74,000
Monthly over 25 years at 3.7%
AED 757

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