2-bed · 1,310 sqftSpring Tower, Dubai Silicon Oasis · 23rd floor

2311, Spring Tower

Sold prices and rental history: sold twice, last in November 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2311 · DLD and Ejari recordsUpdated 16 November 2016
Last soldAED 1.18M16 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2311, Spring Tower

What is 2311 worth today?

Last sold for AED 1,180,000 in 2016

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16 Nov 2016SoldReady
AED 1,180,000AED 900 per sqft
12 Jul 2012Sold by developerReady
AED 810,000AED 618 per sqft

Source: Dubai Land Department. Updated 16 November 2016.

Key facts

Type
2-bed apartment
Size
1,310 sqft
Floor
23rd of 25
Parking
P5 5
Service charge
AED 20,200 /yr
Last sold
AED 1.18M · November 2016
Building
Spring Tower

About 2311, Spring Tower

2311 is a two-bedroom apartment of 1,310 sqft on the 23rd floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 16 November 2016 for AED 1,180,000, or AED 900 per sqft, 11% below the AED 1,014 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2311 over time

Sales
Unit 2311, 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, July 2012: AED 810,000 (AED 618 per sqft)Sold, November 2016: AED 1,180,000 (AED 900 per sqft)

2311 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2311, 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 80,000

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 2311 sits

All 85 2-beds →

2311 last sold in November 2016 at AED 900 per sqft, 11% below what two-beds in Spring Tower were fetching at the time (AED 1,014). 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.

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
23022-bedAED 1.05M · Oct 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
1–7 of 12

2311, Spring Tower in numbers

  • Sold twice: first on 12 July 2012 for AED 810,000, last on 16 November 2016 for AED 1,180,000 (AED 900 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 16 November 2016.

Questions about 2311, Spring Tower

What did unit 2311 last sell for?

AED 1,180,000 on 16 November 2016: AED 900 per sqft for 1,310 sqft. The unit has 2 registered sales; the first was AED 810,000 in July 2012.

How big is unit 2311?

1,310 sqft (121.7 sqm): a two-bedroom apartment on the 23rd floor of a 25-storey tower.

What is unit 2311 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 2311, Spring Tower

Starts from the last sale price (AED 1.18M, 16 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,180,000
Deposit, UAE resident (20%)
AED 236,000
Deposit, non-resident (40%)
AED 472,000
Monthly over 25 years at 3.7%
AED 4,828

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