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1-bed · 1,313 sqftSpring Tower, Dubai Silicon Oasis · 5th floor

502, Spring Tower

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 680K19 October 2023
Current rentAED 25K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 502, Spring Tower

What is 502 worth today?

Last sold for AED 680,000 in 2023

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1 Oct 2025RentedNew contract
AED 25,000/yr12 months · AED 19 per sqft
1 Jul 2024RentedNew contract
AED 36,000/yr12 months · AED 27 per sqft
19 Oct 2023SoldReady
AED 680,000AED 517 per sqft
25 Nov 2022RentedNew contract
AED 50,000/yr12 months · AED 38 per sqft
15 Sep 2021RentedRenewal
AED 48,000/yr12 months · AED 37 per sqft
15 Sep 2020RentedNew contract
AED 48,000/yr12 months · AED 37 per sqft
15 Aug 2017RentedRenewal
AED 69,000/yr12 months · AED 53 per sqft
15 Aug 2016RentedNew contract
AED 71,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
1-bed apartment
Size
1,313 sqft
Floor
5th of 25
Parking
P5 36
Service charge
AED 20,300 /yr
Last sold
AED 680K · October 2023
Building
Spring Tower

About 502, Spring Tower

502 is a one-bedroom apartment of 1,313 sqft on the 5th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 19 October 2023 for AED 680,000, or AED 517 per sqft, 17% below the AED 623 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 October 2025, is AED 25,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 20,300 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Spring Tower
500K1M1.5M2010201520202025Typical 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, June 2011: AED 1,394,512 (AED 1,062 per sqft)Sold, October 2023: AED 680,000 (AED 517 per sqft)

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

Rents
Unit 502, each contractTypical one-bed in Spring Tower
25K50K75K20112015201920232027Typical 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, August 2013: AED 48,000 a yearNew contract, August 2014: AED 48,000 a yearNew contract, August 2016: AED 71,000 a yearRenewal, August 2017: AED 69,000 a yearNew contract, September 2020: AED 48,000 a yearRenewal, September 2021: AED 48,000 a yearNew contract, November 2022: AED 50,000 a yearNew contract, July 2024: AED 36,000 a yearNew contract, October 2025: AED 25,000 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 502 sits

All 173 1-beds →

502 last sold in October 2023 at AED 517 per sqft, 17% below what one-beds in Spring Tower were fetching at the time (AED 623). 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. 502's AED 25,000 is at the bottom 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
5011-bedAED 1.03M · Mar 2011
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

502, Spring Tower in numbers

  • Sold twice: first on 7 June 2011 for AED 1,394,512, last on 19 October 2023 for AED 680,000 (AED 517 per sqft).
  • Rented since August 2013 on 9 Ejari contracts, from AED 48,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 20,300 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 1 October 2025.

Questions about 502, Spring Tower

What did unit 502 last sell for?

AED 680,000 on 19 October 2023: AED 517 per sqft for 1,313 sqft. The unit has 2 registered sales; the first was AED 1,394,512 in June 2011.

What is the rent for unit 502?

AED 25,000 a year on the contract signed on 1 October 2025. The previous contract, from July 2024, was AED 36,000; the unit has been rented since August 2013.

How big is unit 502?

1,313 sqft (122.0 sqm): a one-bedroom apartment on the 5th floor of a 25-storey tower.

What is unit 502 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.

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Mortgage on 502, Spring Tower

Starts from the last sale price (AED 680K, 19 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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