Home
Dubai prices
About
Research
Studio · 458 sqftSpring Tower, Dubai Silicon Oasis · 5th floor

503, Spring Tower

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 21 January 2026
Last soldAED 486K22 August 2010
Current rentAED 34K /yr21 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 503

Property timeline for 503, Spring Tower

What is 503 worth today?

Last sold for AED 485,992 in 2010

Unlock today's estimate, updated daily, with

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

21 Jan 2026RentedRenewal
AED 34,018/yr8 months · AED 74 per sqft
21 Jan 2025RentedRenewal
AED 32,398/yr12 months · AED 71 per sqft
21 Jan 2025RentedRenewal
AED 32,398/yr12 months · AED 71 per sqft
21 Jan 2024RentedRenewal
AED 30,855/yr12 months · AED 67 per sqft
21 Jan 2023RentedRenewal
AED 28,050/yr12 months · AED 61 per sqft
21 Jan 2022RentedRenewal
AED 25,500/yr12 months · AED 56 per sqft
21 Dec 2020RentedNew contract
AED 23,000/yr13 months · AED 50 per sqft
1 Nov 2019RentedNew contract
AED 28,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 21 January 2026.

Key facts

Type
Studio apartment
Size
458 sqft
Floor
5th of 25
Parking
P5 88
Service charge
AED 7,100 /yr
Last sold
AED 486K · August 2010
Building
Spring Tower

About 503, Spring Tower

503 is a studio of 458 sqft on the 5th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 22 August 2010 for AED 485,992, or AED 1,062 per sqft, in line with the AED 1,055 studios in the building were fetching at the time.

It has been rented continuously since 2011 on 14 Ejari contracts. The current contract, renewed on 21 January 2026, is AED 34,018 a year: a gross yield of 7.0% on the 2010 price, before the service charge of about AED 7,100 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, August 2010: AED 485,992 (AED 1,062 per sqft)

503 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 503, 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, December 2011: AED 25,000 a yearNew contract, December 2012: AED 27,000 a yearRenewal, December 2013: AED 28,350 a yearRenewal, December 2014: AED 31,185 a yearNew contract, December 2015: AED 47,000 a yearNew contract, May 2017: AED 40,000 a yearNew contract, November 2019: AED 28,000 a yearNew contract, December 2020: AED 23,000 a yearRenewal, January 2022: AED 25,500 a yearRenewal, January 2023: AED 28,050 a yearRenewal, January 2024: AED 30,855 a yearRenewal, January 2025: AED 32,398 a yearRenewal, January 2025: AED 32,398 a yearRenewal, January 2026: AED 34,018 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 503 sits

All 139 studios →

503 last sold in August 2010 at AED 1,062 per sqft, in line with what studios in Spring Tower were fetching at the time (AED 1,055). 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. 503's AED 34,018 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 5th floor

All 413 units in Spring Tower
Value
5011-bedAED 1.03M · Mar 2011
5021-bedAED 680K · Oct 2023
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

503, Spring Tower in numbers

  • Sold once: by the developer on 22 August 2010 for AED 485,992, or AED 1,062 per sqft.
  • Rented since December 2011 on 14 Ejari contracts, from AED 25,000 to AED 34,018 a year.
  • At AED 34,018 a year the gross yield on the 2010 price is 7.0%, before a service charge of about AED 7,100 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 21 January 2026.

Questions about 503, Spring Tower

What did unit 503 last sell for?

AED 485,992 on 22 August 2010, sold by the developer: AED 1,062 per sqft for 458 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 34,018 a year on the contract renewed on 21 January 2026. The previous contract, from January 2025, was AED 32,398; the unit has been rented since December 2011.

How big is unit 503?

458 sqft (42.5 sqm): a studio on the 5th floor of a 25-storey tower.

What is unit 503 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.

Selling 503? 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 503, Spring Tower

Starts from the last sale price (AED 486K, 22 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 485,992
Deposit, UAE resident (20%)
AED 97,198
Deposit, non-resident (40%)
AED 194,397
Monthly over 25 years at 3.7%
AED 1,988

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