2-bed · 1,435 sqftSpring Tower, Dubai Silicon Oasis · 23rd floor

2302, Spring Tower

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 1.05M10 October 2024
Current rentAED 66K /yr12 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2302, Spring Tower

What is 2302 worth today?

Last sold for AED 1,050,000 in 2024

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10 Oct 2024SoldReady
AED 1,050,000AED 731 per sqft
12 Oct 2023RentedRenewal
AED 66,150/yr12 months · AED 46 per sqft
12 Oct 2022RentedRenewal
AED 63,000/yr12 months · AED 44 per sqft
12 Oct 2021RentedRenewal
AED 60,000/yr12 months · AED 42 per sqft
12 Oct 2020RentedRenewal
AED 60,000/yr12 months · AED 42 per sqft
12 Oct 2019RentedNew contract
AED 73,850/yr12 months · AED 51 per sqft
12 Sep 2018RentedNew contract
AED 80,000/yr13 months · AED 56 per sqft
20 Jan 2017RentedRenewal
AED 68,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
2-bed apartment
Size
1,435 sqft
Floor
23rd of 25
Parking
P5 98
Service charge
AED 22,200 /yr
Last sold
AED 1.05M · October 2024
Building
Spring Tower

About 2302, Spring Tower

2302 is a two-bedroom apartment of 1,435 sqft on the 23rd floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 10 October 2024 for AED 1,050,000, or AED 731 per sqft, in line with the AED 752 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 12 October 2023, is AED 66,150 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 22,200 a year.

Sales and rents for 2302 over time

Sales
Unit 2302, each saleTypical two-bed in Spring Tower
1M1.5M2010201520202025Typical sale price by year: 2010 AED 1,396,466; 2011 AED 1,498,555; 2012 AED 727,543; 2013 AED 816,000; 2014 AED 1,350,000; 2015 AED 1,334,405; 2016 AED 1,300,000; 2021 AED 687,500; 2022 AED 765,000; 2023 AED 897,500; 2024 AED 1,050,000; 2025 AED 1,100,000; 2026 AED 1,100,000Sold by developer, June 2013: AED 717,735 (AED 499 per sqft)Sold, October 2024: AED 1,050,000 (AED 731 per sqft)

2302 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2302, each contractTypical two-bed in Spring Tower
60K80K100K2012201620202024Typical rent by year: 2012 AED 60,500; 2013 AED 70,000; 2014 AED 80,000; 2015 AED 90,000; 2016 AED 93,750; 2017 AED 85,000; 2018 AED 80,000; 2019 AED 72,000; 2020 AED 65,000; 2021 AED 58,000; 2022 AED 62,185; 2023 AED 65,000; 2024 AED 72,693; 2025 AED 75,000; 2026 AED 80,000New contract, January 2013: AED 56,000 a yearNew contract, January 2014: AED 58,800 a yearNew contract, January 2015: AED 64,680 a yearRenewal, January 2016: AED 68,000 a yearRenewal, January 2017: AED 68,000 a yearNew contract, September 2018: AED 80,000 a yearNew contract, October 2019: AED 73,850 a yearRenewal, October 2020: AED 60,000 a yearRenewal, October 2021: AED 60,000 a yearRenewal, October 2022: AED 63,000 a yearRenewal, October 2023: AED 66,150 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Spring Tower, and where 2302 sits

All 85 2-beds →

2302 last sold in October 2024 at AED 731 per sqft, in line with what two-beds in Spring Tower were fetching at the time (AED 752). Over the last 12 months two-beds sold for AED 948,830 to 1,340,000, around AED 897 per sqft, and rent for AED 50,000 to 104,000 a year. 2302's AED 66,150 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Jul 20261,100,000
6 Jul 2026948,830
2 Apr 20261,150,000
21 Nov 20251,340,000
5 2-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 23rd floor

All 413 units in Spring Tower
Value
23012-bedAED 1.1M · Aug 2024
23031-bedAED 750K · May 2014
23042-bedAED 1.22M · Feb 2014
23061-bedAED 720K · Apr 2025
23071-bedAED 854K · Sep 2013
23081-bedAED 854K · Sep 2013
23091-bedAED 1.07M · Sep 2013
1–7 of 12

2302, Spring Tower in numbers

  • Sold twice: first on 17 June 2013 for AED 717,735, last on 10 October 2024 for AED 1,050,000 (AED 731 per sqft).
  • Rented since January 2013 on 11 Ejari contracts, from AED 56,000 to AED 66,150 a year.
  • At AED 66,150 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 22,200 a year (AED 15.45 per sqft).
  • Two-beds in Spring Tower sold for AED 948,830–1,340,000 in the 12 months to November 2026; the building's median across all types is AED 878 per sqft.

Source: Dubai Land Department. Updated 10 October 2024.

Questions about 2302, Spring Tower

What did unit 2302 last sell for?

AED 1,050,000 on 10 October 2024: AED 731 per sqft for 1,435 sqft. The unit has 2 registered sales; the first was AED 717,735 in June 2013.

What is the rent for unit 2302?

AED 66,150 a year on the contract renewed on 12 October 2023. The previous contract, from October 2022, was AED 63,000; the unit has been rented since January 2013.

How big is unit 2302?

1,435 sqft (133.3 sqm): a two-bedroom apartment on the 23rd floor of a 25-storey tower.

What is unit 2302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Spring Tower sold for AED 948,830 to 1,340,000 in the last 12 months, around AED 897 per sqft.

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Mortgage on 2302, Spring Tower

Starts from the last sale price (AED 1.05M, 10 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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