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Studio · 497 sqftSpring Tower, Dubai Silicon Oasis · 4th floor

420, Spring Tower

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 420 · DLD and Ejari recordsUpdated 25 May 2026
Last soldAED 290K4 July 2022
Current rentAED 48K /yr25 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 420, Spring Tower

What is 420 worth today?

Last sold for AED 290,000 in 2022

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25 May 2026RentedRenewal
AED 48,000/yr12 months · AED 97 per sqft
25 May 2025RentedRenewal
AED 50,400/yr12 months · AED 102 per sqft
25 May 2024RentedRenewal
AED 50,400/yr12 months · AED 102 per sqft
25 May 2023RentedNew contract
AED 50,400/yr12 months · AED 102 per sqft
4 Jul 2022SoldReady
AED 290,000AED 584 per sqft
20 Sep 2021RentedNew contract
AED 22,000/yr12 months · AED 44 per sqft
10 Aug 2020RentedNew contract
AED 25,000/yr12 months · AED 50 per sqft
1 Jul 2019RentedNew contract
AED 33,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 25 May 2026.

Key facts

Type
Studio apartment
Size
497 sqft
Floor
4th of 25
Parking
P4 42
Service charge
AED 7,700 /yr
Last sold
AED 290K · July 2022
Building
Spring Tower

About 420, Spring Tower

420 is a studio of 497 sqft on the 4th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 4 July 2022 for AED 290,000, or AED 584 per sqft, 5% below the AED 613 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 25 May 2026, is AED 48,000 a year: a gross yield of 16.6% on the 2022 price, before the service charge of about AED 7,700 a year.

Sales and rents for 420 over time

Sales
Unit 420, 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 335,178 (AED 675 per sqft)Sold, September 2015: AED 460,000 (AED 926 per sqft)Sold, July 2022: AED 290,000 (AED 584 per sqft)

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

Rents
Unit 420, each contractTypical studio in Spring Tower
20K40K20112015201920232027Typical 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, January 2016: AED 35,000 a yearRenewal, January 2017: AED 35,000 a yearNew contract, January 2018: AED 40,000 a yearRenewal, January 2019: AED 45,000 a yearNew contract, July 2019: AED 33,000 a yearNew contract, August 2020: AED 25,000 a yearNew contract, September 2021: AED 22,000 a yearNew contract, May 2023: AED 50,400 a yearRenewal, May 2024: AED 50,400 a yearRenewal, May 2025: AED 50,400 a yearRenewal, May 2026: AED 48,000 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 420 sits

All 139 studios →

420 last sold in July 2022 at AED 584 per sqft, 5% below what studios in Spring Tower were fetching at the time (AED 613). 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. 420's AED 48,000 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

420, Spring Tower in numbers

  • Sold 3 times: first on 8 July 2013 for AED 335,178, last on 4 July 2022 for AED 290,000 (AED 584 per sqft).
  • Rented since January 2016 on 11 Ejari contracts. The rent fell from AED 35,000 to AED 22,000 in 2021 and recovered to AED 48,000 by May 2026.
  • At AED 48,000 a year the gross yield on the 2022 price is 16.6%, before a service charge of about AED 7,700 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 25 May 2026.

Questions about 420, Spring Tower

What did unit 420 last sell for?

AED 290,000 on 4 July 2022: AED 584 per sqft for 497 sqft. The unit has 3 registered sales; the first was AED 335,178 in July 2013.

What is the rent for unit 420?

AED 48,000 a year on the contract renewed on 25 May 2026. The previous contract, from May 2025, was AED 50,400; the unit has been rented since January 2016.

How big is unit 420?

497 sqft (46.2 sqm): a studio on the 4th floor of a 25-storey tower.

What is unit 420 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 420, Spring Tower

Starts from the last sale price (AED 290K, 4 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 290,000
Deposit, UAE resident (20%)
AED 58,000
Deposit, non-resident (40%)
AED 116,000
Monthly over 25 years at 3.7%
AED 1,186

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