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

2209, Spring Tower

Sold prices and rental history: sold twice, last in June 2017, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2209 · DLD and Ejari recordsUpdated 20 September 2021
Last soldAED 640K12 June 2017
Current rentAED 31K /yr20 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2209, Spring Tower

What is 2209 worth today?

Last sold for AED 640,000 in 2017

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20 Sep 2021RentedNew contract
AED 31,000/yr13 months · AED 40 per sqft
15 Aug 2019RentedNew contract
AED 44,500/yr12 months · AED 57 per sqft
24 Jul 2018RentedNew contract
AED 52,000/yr12 months · AED 67 per sqft
12 Jun 2017SoldReady
AED 640,000AED 829 per sqft
6 May 2010Sold by developerReady
AED 859,136AED 1,113 per sqft

Source: Dubai Land Department. Updated 20 September 2021.

Key facts

Type
1-bed apartment
Size
772 sqft
Floor
22nd of 25
Parking
P4 4
Service charge
AED 11,900 /yr
Last sold
AED 640K · June 2017
Building
Spring Tower

About 2209, Spring Tower

2209 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 12 June 2017 for AED 640,000, or AED 829 per sqft, 19% below the AED 1,020 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 20 September 2021, is AED 31,000 a year: a gross yield of 4.8% on the 2017 price, before the service charge of about AED 11,900 a year.

Sales and rents for 2209 over time

Sales
Unit 2209, 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, May 2010: AED 859,136 (AED 1,113 per sqft)Sold, June 2017: AED 640,000 (AED 829 per sqft)

2209 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2209, 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, July 2018: AED 52,000 a yearNew contract, August 2019: AED 44,500 a yearNew contract, September 2021: AED 31,000 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 2209 sits

All 173 1-beds →

2209 last sold in June 2017 at AED 829 per sqft, 19% below what one-beds in Spring Tower were fetching at the time (AED 1,020). 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. 2209's AED 31,000 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
22061-bedAED 450K · Dec 2022
22081-bedAED 490K · May 2023
22101-bedAED 967K · Jun 2010
1–7 of 13

2209, Spring Tower in numbers

  • Sold twice: first on 6 May 2010 for AED 859,136, last on 12 June 2017 for AED 640,000 (AED 829 per sqft).
  • Rented since July 2018 on 3 Ejari contracts, from AED 52,000 to AED 31,000 a year.
  • At AED 31,000 a year the gross yield on the 2017 price is 4.8%, 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 20 September 2021.

Questions about 2209, Spring Tower

What did unit 2209 last sell for?

AED 640,000 on 12 June 2017: AED 829 per sqft for 772 sqft. The unit has 2 registered sales; the first was AED 859,136 in May 2010.

What is the rent for unit 2209?

AED 31,000 a year on the contract signed on 20 September 2021. The previous contract, from August 2019, was AED 44,500; the unit has been rented since July 2018.

How big is unit 2209?

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

What is unit 2209 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 2209, Spring Tower

Starts from the last sale price (AED 640K, 12 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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