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Studio · 645 sqftSpring Tower, Dubai Silicon Oasis · 4th floor

407, Spring Tower

Sold prices and rental history: sold 3 times, last in April 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 27 January 2026
Last soldAED 550K28 April 2025
Current rentAED 50K /yr27 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Spring Tower

What is 407 worth today?

Last sold for AED 550,000 in 2025

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27 Jan 2026RentedRenewal
AED 50,000/yr12 months · AED 77 per sqft
28 Apr 2025SoldReady
AED 550,000AED 853 per sqft
27 Jan 2025RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
27 Jan 2025RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
27 Sep 2018SoldReady
AED 500,000AED 775 per sqft
19 Jun 2016Sold by developerReady
AED 806,126AED 1,250 per sqft
10 Aug 2015RentedRenewal
AED 38,000/yr12 months · AED 59 per sqft
10 Aug 2014RentedNew contract
AED 38,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 27 January 2026.

Key facts

Type
Studio apartment
Size
645 sqft
Floor
4th of 25
Parking
P4 78
Service charge
AED 10,000 /yr
Last sold
AED 550K · April 2025
Building
Spring Tower

About 407, Spring Tower

407 is a studio of 645 sqft on the 4th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 28 April 2025 for AED 550,000, or AED 853 per sqft, 7% above the AED 796 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 27 January 2026, is AED 50,000 a year: a gross yield of 9.1% on the 2025 price, before the service charge of about AED 10,000 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical studio in Spring Tower
250K500K750K2010201520202025Typical 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, June 2016: AED 806,126 (AED 1,250 per sqft)Sold, September 2018: AED 500,000 (AED 775 per sqft)Sold, April 2025: AED 550,000 (AED 853 per sqft)

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

Rents
Unit 407, 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, August 2014: AED 38,000 a yearRenewal, August 2015: AED 38,000 a yearNew contract, January 2025: AED 50,000 a yearNew contract, January 2025: AED 50,000 a yearRenewal, January 2026: AED 50,000 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 407 sits

All 139 studios →

407 last sold in April 2025 at AED 853 per sqft, 7% above what studios in Spring Tower were fetching at the time (AED 796). 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. 407's AED 50,000 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 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
406StudioAED 530K · Mar 2014
4081-bedAED 923K · May 2016
409StudioAED 704K · May 2016
1–7 of 23

407, Spring Tower in numbers

  • Sold 3 times: first on 19 June 2016 for AED 806,126, last on 28 April 2025 for AED 550,000 (AED 853 per sqft).
  • Rented since August 2014 on 5 Ejari contracts, from AED 38,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2025 price is 9.1%, before a service charge of about AED 10,000 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 January 2026.

Questions about 407, Spring Tower

What did unit 407 last sell for?

AED 550,000 on 28 April 2025: AED 853 per sqft for 645 sqft. The unit has 3 registered sales; the first was AED 806,126 in June 2016.

What is the rent for unit 407?

AED 50,000 a year on the contract renewed on 27 January 2026. The previous contract, from January 2025, was AED 50,000; the unit has been rented since August 2014.

How big is unit 407?

645 sqft (59.9 sqm): a studio on the 4th floor of a 25-storey tower.

What is unit 407 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 407, Spring Tower

Starts from the last sale price (AED 550K, 28 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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