2407, Spring Tower
Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2407, Spring Tower
What is 2407 worth today?
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Source: Dubai Land Department. Updated 26 January 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 772 sqft
- Floor
- 24th of 25
- Parking
- P6 65
- Service charge
- AED 11,900 /yr
- Last sold
- AED 600K · January 2023
- Building
- Spring Tower
About 2407, Spring Tower
2407 is a one-bedroom apartment of 772 sqft on the 24th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 26 January 2023 for AED 600,000, or AED 777 per sqft, 32% above the AED 587 one-beds in the building were fetching at the time.
It has been rented continuously since 2011 on 6 Ejari contracts. The current contract, renewed on 15 June 2021, is AED 36,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 11,900 a year.
Sales and rents for 2407 over time
2407 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 2407 sits
All 173 1-beds →2407 last sold in January 2023 at AED 777 per sqft, 32% above what one-beds in Spring Tower were fetching at the time (AED 587). 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. 2407's AED 36,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Aug 202625 August 2026 | 480 sqft | 825,000 | 1,717 | ||
| 24 Apr 202624 April 2026 | 1,086 sqft | 850,000 | 782 | ||
| 16 Mar 202616 March 2026 | 815 sqft | 710,000 | 870 | ||
| 9 Feb 20269 February 2026 | 765 sqft | 755,000 | 987 |
Spring Tower
Building413 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%
Other units on the 24th floor
All 413 units in Spring Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2402 | 2-bed | 1,435 sqft | AED 1.61MAED 1,606,291 · Dec 2011December 2011 | 54,696 /yr | |
| 2404 | 2-bed | 1,310 sqft | AED 755KAED 755,000 · Mar 2021March 2021 | 60,000 /yr | |
| 2406 | 1-bed | 861 sqft | AED 715KAED 715,000 · Sep 2018September 2018 | 60,000 /yr | |
| 2409 | 1-bed | 961 sqft | AED 480KAED 480,350 · Jun 2013June 2013 | 46,305 /yr | |
| 2411 | 2-bed | 1,310 sqft | AED 1.05MAED 1,050,000 · Mar 2024March 2024 | ||
| 2413 | 2-bed | 1,435 sqft | AED 945KAED 945,000 · Sep 2023September 2023 | 85,000 /yr | |
| 2414 | 2-bed | 1,266 sqft | AED 729KAED 729,229 · Dec 2018December 2018 | 75,000 /yr |
2407, Spring Tower in numbers
- Sold 3 times: first on 22 September 2016 for AED 771,910, last on 26 January 2023 for AED 600,000 (AED 777 per sqft).
- Rented since July 2011 on 6 Ejari contracts, from AED 40,000 to AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2023 price is 6.0%, 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 26 January 2023.
Questions about 2407, Spring Tower
What did unit 2407 last sell for?
AED 600,000 on 26 January 2023: AED 777 per sqft for 772 sqft. The unit has 3 registered sales; the first was AED 771,910 in September 2016.
What is the rent for unit 2407?
AED 36,000 a year on the contract renewed on 15 June 2021. The previous contract, from June 2020, was AED 38,000; the unit has been rented since July 2011.
How big is unit 2407?
772 sqft (71.7 sqm): a one-bedroom apartment on the 24th floor of a 25-storey tower.
What is unit 2407 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 2407, Spring Tower
Starts from the last sale price (AED 600K, 26 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →