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Studio · 153 sqftSpring Tower, Dubai Silicon Oasis · 5th floor

504, Spring Tower

Sold prices and rental history: sold 4 times, last in January 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 20 January 2025
Last soldAED 600K12 January 2017
Current rentAED 50K /yr20 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 504, Spring Tower

What is 504 worth today?

Last sold for AED 600,000 in 2017

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20 Jan 2025RentedNew contract
AED 50,000/yr12 months · AED 108 per sqft
10 Jan 2024RentedNew contract
AED 38,000/yr12 months · AED 82 per sqft
7 Oct 2018RentedNew contract
AED 40,000/yr12 months · AED 86 per sqft
12 Jan 2017SoldReady · flagged as an outlier
AED 600,000AED 3,928 per sqft
24 Aug 2014SoldReady
AED 480,000AED 1,037 per sqft
2 Mar 2014SoldReady
AED 400,000AED 864 per sqft
10 Jan 2014RentedNew contract
AED 28,000/yr6 months · AED 60 per sqft
9 Jun 2013Sold by developerReady
AED 282,314AED 609 per sqft

Source: Dubai Land Department. Updated 20 January 2025.

Key facts

Type
Studio apartment
Size
153 sqft
Floor
5th of 25
Parking
P5 87
Service charge
AED 2,400 /yr
Last sold
AED 600K · January 2017
Building
Spring Tower

About 504, Spring Tower

504 is a studio of 153 sqft on the 5th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 12 January 2017 for AED 600,000, or AED 3,928 per sqft, 255% above the AED 1,105 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 20 January 2025, is AED 50,000 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 2,400 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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 2013: AED 282,314 (AED 609 per sqft)Sold, March 2014: AED 400,000 (AED 864 per sqft)Sold, August 2014: AED 480,000 (AED 1,037 per sqft)

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

Rents
Unit 504, 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, January 2014: AED 28,000 a yearNew contract, October 2018: AED 40,000 a yearNew contract, January 2024: AED 38,000 a yearNew contract, January 2025: AED 50,000 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 504 sits

All 139 studios →

504 last sold in January 2017 at AED 3,928 per sqft, 255% above what studios in Spring Tower were fetching at the time (AED 1,105). 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. 504's AED 50,000 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 5th floor

All 413 units in Spring Tower
Value
5011-bedAED 1.03M · Mar 2011
5021-bedAED 680K · Oct 2023
503StudioAED 486K · Aug 2010
505StudioAED 492K · Oct 2011
506StudioAED 270K · Jun 2020
5081-bedAED 548K · Aug 2013
509StudioAED 555K · May 2026
1–7 of 26

504, Spring Tower in numbers

  • Sold 4 times: first on 9 June 2013 for AED 282,314, last on 12 January 2017 for AED 600,000 (AED 3,928 per sqft).
  • Rented since January 2014 on 4 Ejari contracts, from AED 28,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2017 price is 8.3%, before a service charge of about AED 2,400 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 20 January 2025.

Questions about 504, Spring Tower

What did unit 504 last sell for?

AED 600,000 on 12 January 2017: AED 3,928 per sqft for 153 sqft. The unit has 4 registered sales; the first was AED 282,314 in June 2013.

What is the rent for unit 504?

AED 50,000 a year on the contract signed on 20 January 2025. The previous contract, from January 2024, was AED 38,000; the unit has been rented since January 2014.

How big is unit 504?

153 sqft (14.2 sqm): a studio on the 5th floor of a 25-storey tower.

What is unit 504 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 504, Spring Tower

Starts from the last sale price (AED 600K, 12 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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