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

426, Spring Tower

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 426 · DLD and Ejari recordsUpdated 14 December 2024
Last soldAED 360K28 December 2023
Current rentAED 31K /yr14 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 426, Spring Tower

What is 426 worth today?

Last sold for AED 360,000 in 2023

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14 Dec 2024RentedNew contract
AED 30,635/yr12 months · AED 66 per sqft
28 Dec 2023SoldReady
AED 360,000AED 777 per sqft
15 Dec 2021RentedNew contract
AED 26,000/yr12 months · AED 56 per sqft
1 Aug 2020RentedNew contract
AED 26,000/yr12 months · AED 56 per sqft
25 Jun 2019RentedNew contract
AED 33,000/yr12 months · AED 71 per sqft
22 Nov 2013RentedNew contract
AED 31,500/yr12 months · AED 68 per sqft
22 Nov 2012RentedNew contract
AED 30,000/yr12 months · AED 65 per sqft
9 Jun 2011Sold by developerReady
AED 490,243AED 1,058 per sqft

Source: Dubai Land Department. Updated 14 December 2024.

Key facts

Type
Studio apartment
Size
463 sqft
Floor
4th of 25
Parking
P4 49
Service charge
AED 7,200 /yr
Last sold
AED 360K · December 2023
Building
Spring Tower

About 426, Spring Tower

426 is a studio of 463 sqft on the 4th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 28 December 2023 for AED 360,000, or AED 777 per sqft, 8% above the AED 720 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 14 December 2024, is AED 30,635 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 7,200 a year.

Sales and rents for 426 over time

Sales
Unit 426, 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, June 2011: AED 490,243 (AED 1,058 per sqft)Sold, December 2023: AED 360,000 (AED 777 per sqft)

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

Rents
Unit 426, 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, November 2012: AED 30,000 a yearNew contract, November 2013: AED 31,500 a yearNew contract, June 2019: AED 33,000 a yearNew contract, August 2020: AED 26,000 a yearNew contract, December 2021: AED 26,000 a yearNew contract, December 2024: AED 30,635 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 426 sits

All 139 studios →

426 last sold in December 2023 at AED 777 per sqft, 8% above what studios in Spring Tower were fetching at the time (AED 720). 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. 426's AED 30,635 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
406StudioAED 530K · Mar 2014
407StudioAED 550K · Apr 2025
4081-bedAED 923K · May 2016
1–7 of 23

426, Spring Tower in numbers

  • Sold twice: first on 9 June 2011 for AED 490,243, last on 28 December 2023 for AED 360,000 (AED 777 per sqft).
  • Rented since November 2012 on 6 Ejari contracts. The rent fell from AED 30,000 to AED 26,000 in 2021 and recovered to AED 30,635 by December 2024.
  • At AED 30,635 a year the gross yield on the 2023 price is 8.5%, 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 December 2024.

Questions about 426, Spring Tower

What did unit 426 last sell for?

AED 360,000 on 28 December 2023: AED 777 per sqft for 463 sqft. The unit has 2 registered sales; the first was AED 490,243 in June 2011.

What is the rent for unit 426?

AED 30,635 a year on the contract signed on 14 December 2024. The previous contract, from December 2021, was AED 26,000; the unit has been rented since November 2012.

How big is unit 426?

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

What is unit 426 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 426, Spring Tower

Starts from the last sale price (AED 360K, 28 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

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