Home
Dubai prices
About
Blog
1-bed · 969 sqftSpring Tower, Dubai Silicon Oasis · 5th floor

501, Spring Tower

Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 15 April 2025
Last soldAED 1.03M29 March 2011
Current rentAED 50K /yr15 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 501

Property timeline for 501, Spring Tower

What is 501 worth today?

Last sold for AED 1,028,897 in 2011

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Apr 2025RentedRenewal
AED 50,000/yr12 months · AED 52 per sqft
15 Apr 2025RentedRenewal
AED 50,000/yr12 months · AED 52 per sqft
15 Apr 2024RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
5 Apr 2023RentedNew contract
AED 45,000/yr12 months · AED 46 per sqft
5 Sep 2021RentedNew contract
AED 38,000/yr12 months · AED 39 per sqft
1 May 2017RentedNew contract
AED 62,000/yr12 months · AED 64 per sqft
5 Sep 2015RentedNew contract
AED 71,000/yr12 months · AED 73 per sqft
29 Mar 2011Sold by developerReady
AED 1,028,897AED 1,061 per sqft

Source: Dubai Land Department. Updated 15 April 2025.

Key facts

Type
1-bed apartment
Size
969 sqft
Floor
5th of 25
Parking
P5 35
Service charge
AED 15,000 /yr
Last sold
AED 1.03M · March 2011
Building
Spring Tower

About 501, Spring Tower

501 is a one-bedroom apartment of 969 sqft on the 5th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 29 March 2011 for AED 1,028,897, or AED 1,061 per sqft, in line with the AED 1,085 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 15 April 2025, is AED 50,000 a year: a gross yield of 4.9% on the 2011 price, before the service charge of about AED 15,000 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Spring Tower
500K1M2010201520202025Typical sale price by year: 2010 AED 934,677; 2011 AED 936,751; 2012 AED 447,148; 2013 AED 549,190; 2014 AED 762,336; 2015 AED 820,000; 2016 AED 816,265; 2017 AED 675,000; 2018 AED 655,000; 2019 AED 610,000; 2020 AED 395,000; 2021 AED 400,000; 2022 AED 440,000; 2023 AED 540,000; 2024 AED 580,000; 2025 AED 750,000; 2026 AED 715,000Sold by developer, March 2011: AED 1,028,897 (AED 1,061 per sqft)

501 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 501, each contractTypical one-bed in Spring Tower
40K60K20112015201920232027Typical rent by year: 2011 AED 42,000; 2012 AED 41,000; 2013 AED 43,525; 2014 AED 51,000; 2015 AED 65,000; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 54,000; 2019 AED 48,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 38,500; 2023 AED 43,275; 2024 AED 46,000; 2025 AED 50,000; 2026 AED 54,250New contract, September 2015: AED 71,000 a yearNew contract, May 2017: AED 62,000 a yearNew contract, September 2021: AED 38,000 a yearNew contract, April 2023: AED 45,000 a yearNew contract, April 2024: AED 50,000 a yearRenewal, April 2025: AED 50,000 a yearRenewal, April 2025: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Spring Tower, and where 501 sits

All 173 1-beds →

501 last sold in March 2011 at AED 1,061 per sqft, in line with what one-beds in Spring Tower were fetching at the time (AED 1,085). Over the last 12 months one-beds sold for AED 710,000 to 850,000, around AED 878 per sqft, and rent for AED 42,000 to 80,000 a year. 501's AED 50,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Aug 2026825,000
24 Apr 2026850,000
16 Mar 2026710,000
9 Feb 2026755,000
11 1-bed 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 5th floor

All 413 units in Spring Tower
Value
5021-bedAED 680K · Oct 2023
503StudioAED 486K · Aug 2010
504StudioAED 600K · Jan 2017
505StudioAED 492K · Oct 2011
506StudioAED 270K · Jun 2020
5081-bedAED 548K · Aug 2013
509StudioAED 555K · May 2026
1–7 of 26

501, Spring Tower in numbers

  • Sold once: by the developer on 29 March 2011 for AED 1,028,897, or AED 1,061 per sqft.
  • Rented since September 2015 on 7 Ejari contracts. The rent fell from AED 71,000 to AED 38,000 in 2021 and recovered to AED 50,000 by April 2025.
  • At AED 50,000 a year the gross yield on the 2011 price is 4.9%, before a service charge of about AED 15,000 a year (AED 15.45 per sqft).
  • One-beds in Spring Tower sold for AED 710,000–850,000 in the 12 months to November 2026; the building's median across all types is AED 878 per sqft.

Source: Dubai Land Department. Updated 15 April 2025.

Questions about 501, Spring Tower

What did unit 501 last sell for?

AED 1,028,897 on 29 March 2011, sold by the developer: AED 1,061 per sqft for 969 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 50,000 a year on the contract renewed on 15 April 2025. The previous contract, from April 2025, was AED 50,000; the unit has been rented since September 2015.

How big is unit 501?

969 sqft (90.0 sqm): a one-bedroom apartment on the 5th floor of a 25-storey tower.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Spring Tower sold for AED 710,000 to 850,000 in the last 12 months, around AED 878 per sqft.

Selling 501? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 501, Spring Tower

Starts from the last sale price (AED 1.03M, 29 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,028,897
Deposit, UAE resident (20%)
AED 205,779
Deposit, non-resident (40%)
AED 411,559
Monthly over 25 years at 3.7%
AED 4,210

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