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1-bed · 772 sqftSpring Tower, Dubai Silicon Oasis · 22nd floor

2208, Spring Tower

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2208 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 490K15 May 2023
Current rentAED 44K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2208, Spring Tower

What is 2208 worth today?

Last sold for AED 490,000 in 2023

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1 Jun 2024RentedRenewal
AED 43,560/yr12 months · AED 56 per sqft
1 Jun 2023RentedNew contract
AED 39,600/yr12 months · AED 51 per sqft
15 May 2023SoldReady
AED 490,000AED 634 per sqft
1 Jun 2022RentedNew contract
AED 36,000/yr12 months · AED 46 per sqft
17 Jun 2021SoldReady
AED 395,000AED 511 per sqft
1 Jun 2021RentedNew contract
AED 33,000/yr12 months · AED 43 per sqft
5 Feb 2020RentedRenewal
AED 45,000/yr12 months · AED 58 per sqft
5 Feb 2019RentedRenewal
AED 45,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
1-bed apartment
Size
772 sqft
Floor
22nd of 25
Parking
P4 3
Service charge
AED 11,900 /yr
Last sold
AED 490K · May 2023
Building
Spring Tower

About 2208, Spring Tower

2208 is a one-bedroom apartment of 772 sqft on the 22nd floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 15 May 2023 for AED 490,000, or AED 634 per sqft, 9% above the AED 581 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 43,560 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 11,900 a year.

Sales and rents for 2208 over time

Sales
Unit 2208, 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, June 2016: AED 805,839 (AED 1,043 per sqft)Sold, June 2021: AED 395,000 (AED 511 per sqft)Sold, May 2023: AED 490,000 (AED 634 per sqft)

2208 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2208, 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 2014: AED 65,000 a yearRenewal, August 2015: AED 65,000 a yearNew contract, February 2016: AED 65,000 a yearNew contract, February 2017: AED 60,000 a yearRenewal, February 2018: AED 60,000 a yearRenewal, February 2019: AED 45,000 a yearRenewal, February 2020: AED 45,000 a yearNew contract, June 2021: AED 33,000 a yearNew contract, June 2022: AED 36,000 a yearNew contract, June 2023: AED 39,600 a yearRenewal, June 2024: AED 43,560 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 2208 sits

All 173 1-beds →

2208 last sold in May 2023 at AED 634 per sqft, 9% above 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. 2208's AED 43,560 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 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
22061-bedAED 450K · Dec 2022
22091-bedAED 640K · Jun 2017
22101-bedAED 967K · Jun 2010
1–7 of 13

2208, Spring Tower in numbers

  • Sold 3 times: first on 2 June 2016 for AED 805,839, last on 15 May 2023 for AED 490,000 (AED 634 per sqft).
  • Rented since August 2014 on 11 Ejari contracts. The rent fell from AED 65,000 to AED 33,000 in 2021 and recovered to AED 43,560 by June 2024.
  • At AED 43,560 a year the gross yield on the 2023 price is 8.9%, 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 1 June 2024.

Questions about 2208, Spring Tower

What did unit 2208 last sell for?

AED 490,000 on 15 May 2023: AED 634 per sqft for 772 sqft. The unit has 3 registered sales; the first was AED 805,839 in June 2016.

What is the rent for unit 2208?

AED 43,560 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 39,600; the unit has been rented since August 2014.

How big is unit 2208?

772 sqft (71.7 sqm): a one-bedroom apartment on the 22nd floor of a 25-storey tower.

What is unit 2208 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 2208, Spring Tower

Starts from the last sale price (AED 490K, 15 May 2023). 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 →