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Studio · 541 sqftSpring Tower, Dubai Silicon Oasis · 2nd floor

224, Spring Tower

Sold prices and rental history: sold once, by the developer in May 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 224 · DLD and Ejari recordsUpdated 5 February 2026
Last soldAED 570K23 May 2011
Current rentAED 42K /yr5 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 224, Spring Tower

What is 224 worth today?

Last sold for AED 570,052 in 2011

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5 Feb 2026RentedRenewal
AED 42,000/yr12 months · AED 78 per sqft
5 Feb 2026RentedRenewal
AED 38,000/yr12 months · AED 71 per sqft
5 Feb 2026RentedRenewal
AED 42,000/yr12 months · AED 78 per sqft
5 Feb 2025RentedRenewal
AED 36,000/yr12 months · AED 67 per sqft
5 Feb 2023RentedNew contract
AED 32,000/yr12 months · AED 59 per sqft
1 Aug 2020RentedRenewal
AED 35,000/yr12 months · AED 65 per sqft
1 Aug 2019RentedRenewal
AED 37,000/yr12 months · AED 69 per sqft
1 Aug 2018RentedRenewal
AED 37,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 5 February 2026.

Key facts

Type
Studio apartment
Size
541 sqft
Floor
2nd of 25
Parking
P2 49
Service charge
AED 8,400 /yr
Last sold
AED 570K · May 2011
Building
Spring Tower

About 224, Spring Tower

224 is a studio of 541 sqft on the 2nd floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 23 May 2011 for AED 570,052, or AED 1,053 per sqft, in line with the AED 1,059 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 5 February 2026, is AED 42,000 a year: a gross yield of 7.4% on the 2011 price, before the service charge of about AED 8,400 a year.

Sales and rents for 224 over time

Sales
Unit 224, each saleTypical studio in Spring Tower
400K600K2010201520202025Typical 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, May 2011: AED 570,052 (AED 1,053 per sqft)

224 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 224, 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, August 2014: AED 35,000 a yearNew contract, August 2015: AED 36,750 a yearRenewal, August 2016: AED 36,750 a yearRenewal, August 2017: AED 37,000 a yearRenewal, August 2018: AED 37,000 a yearRenewal, August 2019: AED 37,000 a yearRenewal, August 2020: AED 35,000 a yearNew contract, February 2023: AED 32,000 a yearRenewal, February 2025: AED 36,000 a yearRenewal, February 2026: AED 42,000 a yearRenewal, February 2026: AED 38,000 a yearRenewal, February 2026: AED 42,000 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 224 sits

All 139 studios →

224 last sold in May 2011 at AED 1,053 per sqft, in line with what studios in Spring Tower were fetching at the time (AED 1,059). 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. 224's AED 42,000 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

224, Spring Tower in numbers

  • Sold once: by the developer on 23 May 2011 for AED 570,052, or AED 1,053 per sqft.
  • Rented since August 2014 on 12 Ejari contracts, from AED 35,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2011 price is 7.4%, before a service charge of about AED 8,400 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 5 February 2026.

Questions about 224, Spring Tower

What did unit 224 last sell for?

AED 570,052 on 23 May 2011, sold by the developer: AED 1,053 per sqft for 541 sqft. It is the only registered sale of the unit.

What is the rent for unit 224?

AED 42,000 a year on the contract renewed on 5 February 2026. The previous contract, from February 2026, was AED 38,000; the unit has been rented since August 2014.

How big is unit 224?

541 sqft (50.3 sqm): a studio on the 2nd floor of a 25-storey tower.

What is unit 224 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 224, Spring Tower

Starts from the last sale price (AED 570K, 23 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 570,052
Deposit, UAE resident (20%)
AED 114,010
Deposit, non-resident (40%)
AED 228,021
Monthly over 25 years at 3.7%
AED 2,332

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