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Studio · 547 sqftSpring Tower, Dubai Silicon Oasis · 4th floor

406, Spring Tower

Sold prices and rental history: sold twice, last in March 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 27 October 2025
Last soldAED 530K11 March 2014
Current rentAED 30K /yr27 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, Spring Tower

What is 406 worth today?

Last sold for AED 530,000 in 2014

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27 Oct 2025RentedRenewal
AED 30,000/yr12 months · AED 55 per sqft
27 Oct 2024RentedNew contract
AED 29,000/yr12 months · AED 53 per sqft
27 Oct 2019RentedNew contract
AED 30,000/yr12 months · AED 55 per sqft
15 May 2018RentedNew contract
AED 40,000/yr12 months · AED 73 per sqft
11 Mar 2014SoldReady
AED 530,000AED 968 per sqft
20 Nov 2013Sold by developerReady
AED 352,880AED 644 per sqft

Source: Dubai Land Department. Updated 27 October 2025.

Key facts

Type
Studio apartment
Size
547 sqft
Floor
4th of 25
Parking
P4 86
Service charge
AED 8,500 /yr
Last sold
AED 530K · March 2014
Building
Spring Tower

About 406, Spring Tower

406 is a studio of 547 sqft on the 4th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 11 March 2014 for AED 530,000, or AED 968 per sqft, 44% above the AED 674 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 27 October 2025, is AED 30,000 a year: a gross yield of 5.7% on the 2014 price, before the service charge of about AED 8,500 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, November 2013: AED 352,880 (AED 644 per sqft)Sold, March 2014: AED 530,000 (AED 968 per sqft)

406 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 406, 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, May 2018: AED 40,000 a yearNew contract, October 2019: AED 30,000 a yearNew contract, October 2024: AED 29,000 a yearRenewal, October 2025: 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 406 sits

All 139 studios →

406 last sold in March 2014 at AED 968 per sqft, 44% above 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. 406'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
405StudioAED 278K · Apr 2014
407StudioAED 550K · Apr 2025
4081-bedAED 923K · May 2016
409StudioAED 704K · May 2016
1–7 of 23

406, Spring Tower in numbers

  • Sold twice: first on 20 November 2013 for AED 352,880, last on 11 March 2014 for AED 530,000 (AED 968 per sqft).
  • Rented since May 2018 on 4 Ejari contracts, from AED 40,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2014 price is 5.7%, before a service charge of about AED 8,500 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 27 October 2025.

Questions about 406, Spring Tower

What did unit 406 last sell for?

AED 530,000 on 11 March 2014: AED 968 per sqft for 547 sqft. The unit has 2 registered sales; the first was AED 352,880 in November 2013.

What is the rent for unit 406?

AED 30,000 a year on the contract renewed on 27 October 2025. The previous contract, from October 2024, was AED 29,000; the unit has been rented since May 2018.

How big is unit 406?

547 sqft (50.8 sqm): a studio on the 4th floor of a 25-storey tower.

What is unit 406 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 406, Spring Tower

Starts from the last sale price (AED 530K, 11 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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