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1-bed · 767 sqftSpring Tower, Dubai Silicon Oasis · 22nd floor

2206, Spring Tower

Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2206 · DLD and Ejari recordsUpdated 11 May 2023
Last soldAED 450K21 December 2022
Current rentAED 35K /yr11 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2206, Spring Tower

What is 2206 worth today?

Last sold for AED 450,000 in 2022

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11 May 2023RentedNew contract
AED 34,500/yr12 months · AED 45 per sqft
21 Dec 2022SoldReady
AED 450,000AED 586 per sqft
11 May 2022RentedNew contract
AED 30,000/yr12 months · AED 39 per sqft
1 Apr 2021SoldReady
AED 400,000AED 521 per sqft
25 Mar 2020RentedRenewal
AED 35,000/yr12 months · AED 46 per sqft
25 Mar 2019RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
21 Jul 2016Sold by developerReady
AED 801,183AED 1,043 per sqft
20 Mar 2015RentedRenewal
AED 53,550/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 11 May 2023.

Key facts

Type
1-bed apartment
Size
767 sqft
Floor
22nd of 25
Parking
P4 1
Service charge
AED 11,900 /yr
Last sold
AED 450K · December 2022
Building
Spring Tower

About 2206, Spring Tower

2206 is a one-bedroom apartment of 767 sqft on the 22nd floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 21 December 2022 for AED 450,000, or AED 586 per sqft, in line with the AED 581 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 11 May 2023, is AED 34,500 a year: a gross yield of 7.7% on the 2022 price, before the service charge of about AED 11,900 a year.

Sales and rents for 2206 over time

Sales
Unit 2206, 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, July 2016: AED 801,183 (AED 1,043 per sqft)Sold, April 2021: AED 400,000 (AED 521 per sqft)Sold, December 2022: AED 450,000 (AED 586 per sqft)

2206 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2206, 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, March 2014: AED 51,000 a yearRenewal, March 2015: AED 53,550 a yearNew contract, March 2019: AED 40,000 a yearRenewal, March 2020: AED 35,000 a yearNew contract, May 2022: AED 30,000 a yearNew contract, May 2023: AED 34,500 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 2206 sits

All 173 1-beds →

2206 last sold in December 2022 at AED 586 per sqft, in line with what one-beds in Spring Tower were fetching at the time (AED 581). 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. 2206's AED 34,500 is at the bottom 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 22nd floor

All 413 units in Spring Tower
Value
22012-bedAED 1.57M · May 2016
2203StudioAED 390K · Oct 2022
22042-bedAED 862K · Jul 2013
22051-bedAED 476K · Jul 2013
22081-bedAED 490K · May 2023
22091-bedAED 640K · Jun 2017
22101-bedAED 967K · Jun 2010
1–7 of 13

2206, Spring Tower in numbers

  • Sold 3 times: first on 21 July 2016 for AED 801,183, last on 21 December 2022 for AED 450,000 (AED 586 per sqft).
  • Rented since March 2014 on 6 Ejari contracts. The rent fell from AED 51,000 to AED 30,000 in 2022 and recovered to AED 34,500 by May 2023.
  • At AED 34,500 a year the gross yield on the 2022 price is 7.7%, before a service charge of about AED 11,900 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 11 May 2023.

Questions about 2206, Spring Tower

What did unit 2206 last sell for?

AED 450,000 on 21 December 2022: AED 586 per sqft for 767 sqft. The unit has 3 registered sales; the first was AED 801,183 in July 2016.

What is the rent for unit 2206?

AED 34,500 a year on the contract signed on 11 May 2023. The previous contract, from May 2022, was AED 30,000; the unit has been rented since March 2014.

How big is unit 2206?

767 sqft (71.3 sqm): a one-bedroom apartment on the 22nd floor of a 25-storey tower.

What is unit 2206 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 2206, Spring Tower

Starts from the last sale price (AED 450K, 21 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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