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2-bed · 1,435 sqftSpring Tower, Dubai Silicon Oasis · 24th floor

2413, Spring Tower

Sold prices and rental history: sold 5 times, last in September 2023, and rented once, from August 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2413 · DLD and Ejari recordsUpdated 12 September 2023
Last soldAED 945K12 September 2023
Current rentAED 85K /yr26 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2413, Spring Tower

What is 2413 worth today?

Last sold for AED 945,000 in 2023

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12 Sep 2023SoldReady
AED 945,000AED 658 per sqft
9 Feb 2023SoldReady
AED 950,000AED 661 per sqft
21 Sep 2022SoldReady
AED 950,000AED 661 per sqft
9 May 2021SoldReady
AED 635,000AED 442 per sqft
26 Aug 2018RentedNew contract
AED 85,000/yr12 months · AED 59 per sqft
7 Jun 2011Sold by developerReady
AED 1,606,291AED 1,118 per sqft

Source: Dubai Land Department. Updated 12 September 2023.

Key facts

Type
2-bed apartment
Size
1,435 sqft
Floor
24th of 25
Parking
P6 3
Service charge
AED 22,200 /yr
Last sold
AED 945K · September 2023
Building
Spring Tower

About 2413, Spring Tower

2413 is a two-bedroom apartment of 1,435 sqft on the 24th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 12 September 2023 for AED 945,000, or AED 658 per sqft, in line with the AED 660 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 August 2018. The current contract, signed on 26 August 2018, is AED 85,000 a year: a gross yield of 9.0% on the 2023 price, before the service charge of about AED 22,200 a year.

Sales and rents for 2413 over time

Sales
Unit 2413, 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, June 2011: AED 1,606,291 (AED 1,118 per sqft)Sold, May 2021: AED 635,000 (AED 442 per sqft)Sold, September 2022: AED 950,000 (AED 661 per sqft)Sold, February 2023: AED 950,000 (AED 661 per sqft)Sold, September 2023: AED 945,000 (AED 658 per sqft)

2413 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2413, 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, August 2018: AED 85,000 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 2413 sits

All 85 2-beds →

2413 last sold in September 2023 at AED 658 per sqft, in line with what two-beds in Spring Tower were fetching at the time (AED 660). 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. 2413's AED 85,000 is in the upper 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 24th floor

All 413 units in Spring Tower
Value
24022-bedAED 1.61M · Dec 2011
24042-bedAED 755K · Mar 2021
24061-bedAED 715K · Sep 2018
24071-bedAED 600K · Jan 2023
24091-bedAED 480K · Jun 2013
24112-bedAED 1.05M · Mar 2024
24142-bedAED 729K · Dec 2018

2413, Spring Tower in numbers

  • Sold 5 times: first on 7 June 2011 for AED 1,606,291, last on 12 September 2023 for AED 945,000 (AED 658 per sqft).
  • Rented since August 2018 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 9.0%, 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 12 September 2023.

Questions about 2413, Spring Tower

What did unit 2413 last sell for?

AED 945,000 on 12 September 2023: AED 658 per sqft for 1,435 sqft. The unit has 5 registered sales; the first was AED 1,606,291 in June 2011.

What is the rent for unit 2413?

AED 85,000 a year on the contract signed on 26 August 2018.

How big is unit 2413?

1,435 sqft (133.3 sqm): a two-bedroom apartment on the 24th floor of a 25-storey tower.

What is unit 2413 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 2413, Spring Tower

Starts from the last sale price (AED 945K, 12 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 945,000
Deposit, UAE resident (20%)
AED 189,000
Deposit, non-resident (40%)
AED 378,000
Monthly over 25 years at 3.7%
AED 3,866

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