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1-bed · 966 sqftSpring Tower, Dubai Silicon Oasis · 3rd floor

301, Spring Tower

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

Unit 301 · DLD and Ejari recordsUpdated 22 May 2014
Last soldAED 425K22 May 2014
Current rentAED 46K /yr21 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 301, Spring Tower

What is 301 worth today?

Last sold for AED 425,000 in 2014

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22 May 2014SoldReady
AED 425,000AED 439 per sqft
21 May 2014RentedNew contract
AED 46,279/yr9 months · AED 48 per sqft
5 Feb 2014RentedNew contract
AED 46,200/yr12 months · AED 48 per sqft
6 Feb 2013RentedNew contract
AED 42,000/yr12 months · AED 43 per sqft
23 May 2011Sold by developerReady
AED 1,020,487AED 1,055 per sqft

Source: Dubai Land Department. Updated 22 May 2014.

Key facts

Type
1-bed apartment
Size
966 sqft
Floor
3rd of 25
Parking
P3 25
Service charge
AED 14,900 /yr
Last sold
AED 425K · May 2014
Building
Spring Tower

About 301, Spring Tower

301 is a one-bedroom apartment of 966 sqft on the 3rd floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 22 May 2014 for AED 425,000, or AED 439 per sqft, 32% below the AED 645 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 21 May 2014, is AED 46,279 a year: a gross yield of 10.9% on the 2014 price, before the service charge of about AED 14,900 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical one-bed in Spring Tower
500K1M2010201520202025Typical sale price by year: 2010 AED 934,677; 2011 AED 936,751; 2012 AED 447,148; 2013 AED 549,190; 2014 AED 762,336; 2015 AED 820,000; 2016 AED 816,265; 2017 AED 675,000; 2018 AED 655,000; 2019 AED 610,000; 2020 AED 395,000; 2021 AED 400,000; 2022 AED 440,000; 2023 AED 540,000; 2024 AED 580,000; 2025 AED 750,000; 2026 AED 715,000Sold by developer, May 2011: AED 1,020,487 (AED 1,055 per sqft)Sold, May 2014: AED 425,000 (AED 439 per sqft)

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

Rents
Unit 301, each contractTypical one-bed in Spring Tower
40K60K20112015201920232027Typical rent by year: 2011 AED 42,000; 2012 AED 41,000; 2013 AED 43,525; 2014 AED 51,000; 2015 AED 65,000; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 54,000; 2019 AED 48,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 38,500; 2023 AED 43,275; 2024 AED 46,000; 2025 AED 50,000; 2026 AED 54,250New contract, February 2013: AED 42,000 a yearNew contract, February 2014: AED 46,200 a yearNew contract, May 2014: AED 46,279 a year

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 301 sits

All 173 1-beds →

301 last sold in May 2014 at AED 439 per sqft, 32% below what one-beds in Spring Tower were fetching at the time (AED 645). 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. 301's AED 46,279 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Aug 2026825,000
24 Apr 2026850,000
16 Mar 2026710,000
9 Feb 2026755,000
11 1-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 3rd floor

All 413 units in Spring Tower
Value
3022-bedAED 1.14M · Jan 2016
303StudioAED 255K · Oct 2020
304StudioAED 480K · Aug 2024
305StudioAED 352K · Oct 2024
306StudioAED 146K · Nov 2023
307StudioAED 803K · Jun 2016
3081-bedAED 1.15M · Feb 2011
1–7 of 27

301, Spring Tower in numbers

  • Sold twice: first on 23 May 2011 for AED 1,020,487, last on 22 May 2014 for AED 425,000 (AED 439 per sqft).
  • Rented since February 2013 on 3 Ejari contracts, from AED 42,000 to AED 46,279 a year.
  • At AED 46,279 a year the gross yield on the 2014 price is 10.9%, before a service charge of about AED 14,900 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 22 May 2014.

Questions about 301, Spring Tower

What did unit 301 last sell for?

AED 425,000 on 22 May 2014: AED 439 per sqft for 966 sqft. The unit has 2 registered sales; the first was AED 1,020,487 in May 2011.

What is the rent for unit 301?

AED 46,279 a year on the contract signed on 21 May 2014. The previous contract, from February 2014, was AED 46,200; the unit has been rented since February 2013.

How big is unit 301?

966 sqft (89.7 sqm): a one-bedroom apartment on the 3rd floor of a 25-storey tower.

What is unit 301 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 301, Spring Tower

Starts from the last sale price (AED 425K, 22 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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