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1-bed · 831 sqftSpring Tower, Dubai Silicon Oasis · 3rd floor

329, Spring Tower

Sold prices and rental history: sold twice, last in October 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 329 · DLD and Ejari recordsUpdated 15 June 2021
Last soldAED 480K2 October 2013
Current rentAED 40K /yr15 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 329, Spring Tower

What is 329 worth today?

Last sold for AED 480,000 in 2013

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15 Jun 2021RentedRenewal
AED 40,000/yr12 months · AED 48 per sqft
15 Jun 2020RentedRenewal
AED 43,750/yr12 months · AED 53 per sqft
15 Jun 2019RentedRenewal
AED 50,000/yr12 months · AED 60 per sqft
15 Jun 2018RentedNew contract
AED 52,000/yr12 months · AED 63 per sqft
2 Oct 2013SoldReady
AED 480,000AED 577 per sqft
22 Aug 2010Sold by developerReady
AED 877,420AED 1,056 per sqft

Source: Dubai Land Department. Updated 15 June 2021.

Key facts

Type
1-bed apartment
Size
831 sqft
Floor
3rd of 25
Parking
P3 75
Service charge
AED 12,800 /yr
Last sold
AED 480K · October 2013
Building
Spring Tower

About 329, Spring Tower

329 is a one-bedroom apartment of 831 sqft on the 3rd floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 2 October 2013 for AED 480,000, or AED 577 per sqft, 7% below the AED 619 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 15 June 2021, is AED 40,000 a year: a gross yield of 8.3% on the 2013 price, before the service charge of about AED 12,800 a year.

Sales and rents for 329 over time

Sales
Unit 329, each saleTypical one-bed in Spring Tower
500K750K1M2010201520202025Typical 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, August 2010: AED 877,420 (AED 1,056 per sqft)Sold, October 2013: AED 480,000 (AED 577 per sqft)

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

Rents
Unit 329, 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, June 2018: AED 52,000 a yearRenewal, June 2019: AED 50,000 a yearRenewal, June 2020: AED 43,750 a yearRenewal, June 2021: AED 40,000 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 329 sits

All 173 1-beds →

329 last sold in October 2013 at AED 577 per sqft, 7% below what one-beds in Spring Tower were fetching at the time (AED 619). 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. 329's AED 40,000 is at the bottom 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
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

329, Spring Tower in numbers

  • Sold twice: first on 22 August 2010 for AED 877,420, last on 2 October 2013 for AED 480,000 (AED 577 per sqft).
  • Rented since June 2018 on 4 Ejari contracts, from AED 52,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2013 price is 8.3%, before a service charge of about AED 12,800 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 15 June 2021.

Questions about 329, Spring Tower

What did unit 329 last sell for?

AED 480,000 on 2 October 2013: AED 577 per sqft for 831 sqft. The unit has 2 registered sales; the first was AED 877,420 in August 2010.

What is the rent for unit 329?

AED 40,000 a year on the contract renewed on 15 June 2021. The previous contract, from June 2020, was AED 43,750; the unit has been rented since June 2018.

How big is unit 329?

831 sqft (77.2 sqm): a one-bedroom apartment on the 3rd floor of a 25-storey tower.

What is unit 329 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 329, Spring Tower

Starts from the last sale price (AED 480K, 2 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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