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

2211, Spring Tower

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2211 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 428K7 February 2024
Current rentAED 48K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2211, Spring Tower

What is 2211 worth today?

Last sold for AED 428,000 in 2024

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1 Mar 2024RentedNew contract
AED 48,000/yr12 months · AED 63 per sqft
7 Feb 2024SoldReady
AED 428,000AED 557 per sqft
5 Sep 2022RentedRenewal
AED 38,500/yr12 months · AED 50 per sqft
5 Sep 2021RentedRenewal
AED 35,000/yr12 months · AED 46 per sqft
5 Sep 2020RentedNew contract
AED 35,000/yr12 months · AED 46 per sqft
1 Feb 2019RentedRenewal
AED 60,000/yr12 months · AED 79 per sqft
1 Feb 2017RentedNew contract
AED 60,000/yr12 months · AED 79 per sqft
26 Sep 2016Sold by developerReady
AED 759,766AED 989 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
1-bed apartment
Size
767 sqft
Floor
22nd of 25
Parking
P4 6
Service charge
AED 11,900 /yr
Last sold
AED 428K · February 2024
Building
Spring Tower

About 2211, Spring Tower

2211 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 7 February 2024 for AED 428,000, or AED 557 per sqft, 13% below the AED 637 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 1 March 2024, is AED 48,000 a year: a gross yield of 11.2% on the 2024 price, before the service charge of about AED 11,900 a year.

Sales and rents for 2211 over time

Sales
Unit 2211, 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, September 2016: AED 759,766 (AED 989 per sqft)Sold, February 2024: AED 428,000 (AED 557 per sqft)

2211 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2211, 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, January 2014: AED 65,000 a yearRenewal, January 2015: AED 65,000 a yearRenewal, January 2016: AED 65,000 a yearNew contract, February 2017: AED 60,000 a yearRenewal, February 2019: AED 60,000 a yearNew contract, September 2020: AED 35,000 a yearRenewal, September 2021: AED 35,000 a yearRenewal, September 2022: AED 38,500 a yearNew contract, March 2024: AED 48,000 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 2211 sits

All 173 1-beds →

2211 last sold in February 2024 at AED 557 per sqft, 13% below what one-beds in Spring Tower were fetching at the time (AED 637). 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. 2211's AED 48,000 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
22081-bedAED 490K · May 2023
22091-bedAED 640K · Jun 2017
1–7 of 13

2211, Spring Tower in numbers

  • Sold twice: first on 26 September 2016 for AED 759,766, last on 7 February 2024 for AED 428,000 (AED 557 per sqft).
  • Rented since January 2014 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 35,000 in 2021 and recovered to AED 48,000 by March 2024.
  • At AED 48,000 a year the gross yield on the 2024 price is 11.2%, 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 March 2024.

Questions about 2211, Spring Tower

What did unit 2211 last sell for?

AED 428,000 on 7 February 2024: AED 557 per sqft for 767 sqft. The unit has 2 registered sales; the first was AED 759,766 in September 2016.

What is the rent for unit 2211?

AED 48,000 a year on the contract signed on 1 March 2024. The previous contract, from September 2022, was AED 38,500; the unit has been rented since January 2014.

How big is unit 2211?

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

What is unit 2211 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 2211, Spring Tower

Starts from the last sale price (AED 428K, 7 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 428,000
Deposit, UAE resident (20%)
AED 85,600
Deposit, non-resident (40%)
AED 171,200
Monthly over 25 years at 3.7%
AED 1,751

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