Studio · 404 sqftSpring Tower, Dubai Silicon Oasis · 4th floor

419, Spring Tower

Sold prices and rental history: sold 3 times, last in July 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 419 · DLD and Ejari recordsUpdated 24 September 2024
Last soldAED 460K9 July 2017
Current rentAED 36K /yr24 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 419, Spring Tower

What is 419 worth today?

Last sold for AED 460,000 in 2017

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24 Sep 2024RentedRenewal
AED 36,000/yr12 months · AED 89 per sqft
24 Sep 2023RentedNew contract
AED 32,000/yr12 months · AED 79 per sqft
9 Jul 2017SoldReady
AED 460,000AED 1,139 per sqft
5 Jul 2016RentedNew contract
AED 50,000/yr12 months · AED 126 per sqft
5 Jul 2015RentedNew contract
AED 50,000/yr12 months · AED 126 per sqft
2 Jul 2015SoldReady
AED 460,000AED 1,139 per sqft
8 Jul 2013Sold by developerReady
AED 272,390AED 675 per sqft

Source: Dubai Land Department. Updated 24 September 2024.

Key facts

Type
Studio apartment
Size
404 sqft
Floor
4th of 25
Parking
P4 41
Service charge
AED 6,200 /yr
Last sold
AED 460K · July 2017
Building
Spring Tower

About 419, Spring Tower

419 is a studio of 404 sqft on the 4th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 9 July 2017 for AED 460,000, or AED 1,139 per sqft, 13% above the AED 1,008 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 24 September 2024, is AED 36,000 a year: a gross yield of 7.8% on the 2017 price, before the service charge of about AED 6,200 a year.

Sales and rents for 419 over time

Sales
Unit 419, 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, July 2013: AED 272,390 (AED 675 per sqft)Sold, July 2015: AED 460,000 (AED 1,139 per sqft)Sold, July 2017: AED 460,000 (AED 1,139 per sqft)

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

Rents
Unit 419, 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, July 2015: AED 50,000 a yearNew contract, July 2016: AED 50,000 a yearNew contract, September 2023: AED 32,000 a yearRenewal, September 2024: AED 36,000 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 419 sits

All 139 studios →

419 last sold in July 2017 at AED 1,139 per sqft, 13% above what studios in Spring Tower were fetching at the time (AED 1,008). 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. 419's AED 36,000 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
407StudioAED 550K · Apr 2025
4081-bedAED 923K · May 2016
1–7 of 23

419, Spring Tower in numbers

  • Sold 3 times: first on 8 July 2013 for AED 272,390, last on 9 July 2017 for AED 460,000 (AED 1,139 per sqft).
  • Rented since July 2015 on 4 Ejari contracts. The rent fell from AED 50,000 to AED 32,000 in 2023 and recovered to AED 36,000 by September 2024.
  • At AED 36,000 a year the gross yield on the 2017 price is 7.8%, before a service charge of about AED 6,200 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 24 September 2024.

Questions about 419, Spring Tower

What did unit 419 last sell for?

AED 460,000 on 9 July 2017: AED 1,139 per sqft for 404 sqft. The unit has 3 registered sales; the first was AED 272,390 in July 2013.

What is the rent for unit 419?

AED 36,000 a year on the contract renewed on 24 September 2024. The previous contract, from September 2023, was AED 32,000; the unit has been rented since July 2015.

How big is unit 419?

404 sqft (37.5 sqm): a studio on the 4th floor of a 25-storey tower.

What is unit 419 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 419, Spring Tower

Starts from the last sale price (AED 460K, 9 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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