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Studio · 463 sqftSpring Tower, Dubai Silicon Oasis · 4th floor

405, Spring Tower

Sold prices and rental history: sold once, by the developer in April 2014, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 14 April 2014
Last soldAED 278K14 April 2014
Current rentAED 30K /yr5 December 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 405, Spring Tower

What is 405 worth today?

Last sold for AED 277,686 in 2014

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14 Apr 2014Sold by developerReady
AED 277,686AED 599 per sqft
5 Dec 2013RentedNew contract
AED 30,000/yr12 months · AED 65 per sqft
6 Dec 2012RentedNew contract
AED 28,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 14 April 2014.

Key facts

Type
Studio apartment
Size
463 sqft
Floor
4th of 25
Parking
P4 87
Service charge
AED 7,200 /yr
Last sold
AED 278K · April 2014
Building
Spring Tower

About 405, Spring Tower

405 is a studio of 463 sqft on the 4th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 14 April 2014 for AED 277,686, or AED 599 per sqft, 11% below the AED 674 studios in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 5 December 2013, is AED 30,000 a year: a gross yield of 10.8% on the 2014 price, before the service charge of about AED 7,200 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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 2014: AED 277,686 (AED 599 per sqft)

405 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 405, each contractTypical studio in Spring Tower
40K20112015201920232027Typical 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 2012: AED 28,000 a yearNew contract, December 2013: AED 30,000 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 405 sits

All 139 studios →

405 last sold in April 2014 at AED 599 per sqft, 11% below what studios in Spring Tower were fetching at the time (AED 674). 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. 405's AED 30,000 is at the bottom 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 4th floor

All 413 units in Spring Tower
Value
4011-bedAED 700K · Jun 2016
403StudioAED 375K · Nov 2023
404StudioAED 500K · Jul 2015
406StudioAED 530K · Mar 2014
407StudioAED 550K · Apr 2025
4081-bedAED 923K · May 2016
409StudioAED 704K · May 2016
1–7 of 23

405, Spring Tower in numbers

  • Sold once: by the developer on 14 April 2014 for AED 277,686, or AED 599 per sqft.
  • Rented since December 2012 on 2 Ejari contracts, from AED 28,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2014 price is 10.8%, before a service charge of about AED 7,200 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 14 April 2014.

Questions about 405, Spring Tower

What did unit 405 last sell for?

AED 277,686 on 14 April 2014, sold by the developer: AED 599 per sqft for 463 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 30,000 a year on the contract signed on 5 December 2013. The previous contract, from December 2012, was AED 28,000.

How big is unit 405?

463 sqft (43.0 sqm): a studio on the 4th floor of a 25-storey tower.

What is unit 405 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 405, Spring Tower

Starts from the last sale price (AED 278K, 14 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 277,686
Deposit, UAE resident (20%)
AED 55,537
Deposit, non-resident (40%)
AED 111,074
Monthly over 25 years at 3.7%
AED 1,136

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