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2-bed · 1,266 sqftSpring Tower, Dubai Silicon Oasis · 23rd floor

2314, Spring Tower

Sold prices and rental history: sold twice, last in April 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2314 · DLD and Ejari recordsUpdated 28 April 2014
Last soldAED 625K28 April 2014
Current rentAED 65K /yr28 April 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2314, Spring Tower

What is 2314 worth today?

Last sold for AED 625,000 in 2014

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28 Apr 2014SoldReady
AED 625,000AED 493 per sqft
28 Apr 2014RentedNew contract
AED 64,908/yr12 months · AED 51 per sqft
20 Nov 2013Sold by developerReady
AED 816,880AED 644 per sqft
15 Apr 2013RentedNew contract
AED 65,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 28 April 2014.

Key facts

Type
2-bed apartment
Size
1,266 sqft
Floor
23rd of 25
Parking
P5 66
Service charge
AED 19,600 /yr
Last sold
AED 625K · April 2014
Building
Spring Tower

About 2314, Spring Tower

2314 is a two-bedroom apartment of 1,266 sqft on the 23rd floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 28 April 2014 for AED 625,000, or AED 493 per sqft, 24% below the AED 645 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 28 April 2014, is AED 64,908 a year: a gross yield of 10.4% on the 2014 price, before the service charge of about AED 19,600 a year.

Sales and rents for 2314 over time

Sales
Unit 2314, each saleTypical two-bed in Spring Tower
500K1M1.5M2010201520202025Typical 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, November 2013: AED 816,880 (AED 644 per sqft)Sold, April 2014: AED 625,000 (AED 493 per sqft)

2314 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2314, 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, April 2013: AED 65,000 a yearNew contract, April 2014: AED 64,908 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 2314 sits

All 85 2-beds →

2314 last sold in April 2014 at AED 493 per sqft, 24% below what two-beds in Spring Tower were fetching at the time (AED 645). 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. 2314's AED 64,908 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
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

2314, Spring Tower in numbers

  • Sold twice: first on 20 November 2013 for AED 816,880, last on 28 April 2014 for AED 625,000 (AED 493 per sqft).
  • Rented since April 2013 on 2 Ejari contracts, from AED 65,000 to AED 64,908 a year.
  • At AED 64,908 a year the gross yield on the 2014 price is 10.4%, before a service charge of about AED 19,600 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 28 April 2014.

Questions about 2314, Spring Tower

What did unit 2314 last sell for?

AED 625,000 on 28 April 2014: AED 493 per sqft for 1,266 sqft. The unit has 2 registered sales; the first was AED 816,880 in November 2013.

What is the rent for unit 2314?

AED 64,908 a year on the contract signed on 28 April 2014. The previous contract, from April 2013, was AED 65,000.

How big is unit 2314?

1,266 sqft (117.6 sqm): a two-bedroom apartment on the 23rd floor of a 25-storey tower.

What is unit 2314 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 2314, Spring Tower

Starts from the last sale price (AED 625K, 28 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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