Studio · 359 sqftSpring Tower, Dubai Silicon Oasis · 3rd floor

316, Spring Tower

Sold prices and rental history: sold 3 times, last in October 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 7 September 2026
Last soldAED 410K1 October 2025
Current rentAED 40K /yr7 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Spring Tower

What is 316 worth today?

Last sold for AED 410,000 in 2025

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7 Sep 2026RentedNew contract
AED 40,000/yr12 months · AED 113 per sqft
1 Oct 2025SoldReady
AED 410,000AED 1,141 per sqft
19 Jun 2025RentedNew contract
AED 31,000/yr12 months · AED 87 per sqft
12 Jul 2023SoldReady
AED 315,000AED 876 per sqft
20 Jun 2023RentedRenewal
AED 27,600/yr12 months · AED 78 per sqft
20 Jun 2022RentedNew contract
AED 24,000/yr12 months · AED 68 per sqft
15 Jul 2020RentedNew contract
AED 26,000/yr12 months · AED 73 per sqft
1 Apr 2019RentedNew contract
AED 27,922/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 7 September 2026.

Key facts

Type
Studio apartment
Size
359 sqft
Floor
3rd of 25
Parking
P3 88
Service charge
AED 5,600 /yr
Last sold
AED 410K · October 2025
Building
Spring Tower

About 316, Spring Tower

316 is a studio of 359 sqft on the 3rd floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 1 October 2025 for AED 410,000, or AED 1,141 per sqft, 31% above the AED 869 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 7 September 2026, is AED 40,000 a year: a gross yield of 9.8% on the 2025 price, before the service charge of about AED 5,600 a year.

Sales and rents for 316 over time

Sales
Unit 316, each saleTypical studio in Spring Tower
400K600K2010201520202025Typical sale price by year: 2010 AED 568,546; 2011 AED 514,342; 2012 AED 429,397; 2013 AED 342,562; 2014 AED 495,000; 2015 AED 517,500; 2016 AED 535,232; 2017 AED 460,000; 2018 AED 406,965; 2019 AED 340,000; 2020 AED 285,000; 2021 AED 275,000; 2022 AED 350,000; 2023 AED 340,000; 2024 AED 371,000; 2025 AED 487,500; 2026 AED 519,000Sold by developer, April 2011: AED 379,474 (AED 1,056 per sqft)Sold, July 2023: AED 315,000 (AED 876 per sqft)Sold, October 2025: AED 410,000 (AED 1,141 per sqft)

316 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 316, each contractTypical studio in Spring Tower
20K40K2011201620212026Typical rent by year: 2011 AED 30,000; 2012 AED 28,000; 2013 AED 30,750; 2014 AED 35,850; 2015 AED 45,000; 2016 AED 50,000; 2017 AED 45,000; 2018 AED 40,000; 2019 AED 33,000; 2020 AED 28,000; 2021 AED 26,000; 2022 AED 28,531; 2023 AED 32,000; 2024 AED 37,000; 2025 AED 42,000; 2026 AED 42,000New contract, December 2017: AED 38,000 a yearNew contract, April 2019: AED 27,922 a yearNew contract, July 2020: AED 26,000 a yearNew contract, June 2022: AED 24,000 a yearRenewal, June 2023: AED 27,600 a yearNew contract, June 2025: AED 31,000 a yearNew contract, September 2026: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Spring Tower, and where 316 sits

All 139 studios →

316 last sold in October 2025 at AED 1,141 per sqft, 31% above what studios in Spring Tower were fetching at the time (AED 869). Over the last 12 months studios sold for AED 260,000 to 555,000, around AED 1,036 per sqft, and rent for AED 32,000 to 92,000 a year. 316's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Jul 2026519,000
22 May 2026555,000
16 May 2026260,000
4 Nov 2025515,000
3 studio 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
3011-bedAED 425K · May 2014
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
1–7 of 27

316, Spring Tower in numbers

  • Sold 3 times: first on 19 April 2011 for AED 379,474, last on 1 October 2025 for AED 410,000 (AED 1,141 per sqft).
  • Rented since December 2017 on 7 Ejari contracts. The rent fell from AED 38,000 to AED 24,000 in 2022 and recovered to AED 40,000 by September 2026.
  • At AED 40,000 a year the gross yield on the 2025 price is 9.8%, before a service charge of about AED 5,600 a year (AED 15.45 per sqft).
  • Studios in Spring Tower sold for AED 260,000–555,000 in the 12 months to November 2026; the building's median across all types is AED 878 per sqft.

Source: Dubai Land Department. Updated 7 September 2026.

Questions about 316, Spring Tower

What did unit 316 last sell for?

AED 410,000 on 1 October 2025: AED 1,141 per sqft for 359 sqft. The unit has 3 registered sales; the first was AED 379,474 in April 2011.

What is the rent for unit 316?

AED 40,000 a year on the contract signed on 7 September 2026. The previous contract, from June 2025, was AED 31,000; the unit has been rented since December 2017.

How big is unit 316?

359 sqft (33.4 sqm): a studio on the 3rd floor of a 25-storey tower.

What is unit 316 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Spring Tower sold for AED 260,000 to 555,000 in the last 12 months, around AED 1,036 per sqft.

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Mortgage on 316, Spring Tower

Starts from the last sale price (AED 410K, 1 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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