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1-bed · 1,097 sqftSpring Tower, Dubai Silicon Oasis · 5th floor

508, Spring Tower

Sold prices and rental history: sold once, by the developer in August 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 548K28 August 2013
Current rentAED 46K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, Spring Tower

What is 508 worth today?

Last sold for AED 548,450 in 2013

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1 Apr 2026RentedRenewal
AED 46,000/yr12 months · AED 42 per sqft
1 Apr 2025RentedRenewal
AED 46,000/yr12 months · AED 42 per sqft
1 Apr 2025RentedRenewal
AED 46,000/yr12 months · AED 42 per sqft
1 Apr 2024RentedRenewal
AED 46,000/yr12 months · AED 42 per sqft
1 Apr 2023RentedRenewal
AED 43,890/yr12 months · AED 40 per sqft
1 Apr 2022RentedRenewal
AED 41,800/yr12 months · AED 38 per sqft
27 Nov 2021RentedRenewal
AED 37,529/yr4 months · AED 34 per sqft
27 Nov 2020RentedRenewal
AED 38,000/yr12 months · AED 35 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
1-bed apartment
Size
1,097 sqft
Floor
5th of 25
Parking
P5 80
Service charge
AED 16,900 /yr
Last sold
AED 548K · August 2013
Building
Spring Tower

About 508, Spring Tower

508 is a one-bedroom apartment of 1,097 sqft on the 5th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 28 August 2013 for AED 548,450, or AED 499 per sqft, 18% below the AED 610 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 46,000 a year: a gross yield of 8.4% on the 2013 price, before the service charge of about AED 16,900 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical one-bed in Spring Tower
500K750K1M2010201520202025Typical 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, August 2013: AED 548,450 (AED 499 per sqft)

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

Rents
Unit 508, 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, June 2014: AED 58,000 a yearRenewal, June 2015: AED 58,000 a yearRenewal, June 2016: AED 58,000 a yearNew contract, October 2017: AED 56,000 a yearNew contract, November 2019: AED 46,000 a yearRenewal, November 2020: AED 38,000 a yearRenewal, November 2021: AED 37,529 a yearRenewal, April 2022: AED 41,800 a yearRenewal, April 2023: AED 43,890 a yearRenewal, April 2024: AED 46,000 a yearRenewal, April 2025: AED 46,000 a yearRenewal, April 2025: AED 46,000 a yearRenewal, April 2026: AED 46,000 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 508 sits

All 173 1-beds →

508 last sold in August 2013 at AED 499 per sqft, 18% below what one-beds in Spring Tower were fetching at the time (AED 610). 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. 508's AED 46,000 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
5011-bedAED 1.03M · Mar 2011
5021-bedAED 680K · Oct 2023
503StudioAED 486K · Aug 2010
504StudioAED 600K · Jan 2017
505StudioAED 492K · Oct 2011
506StudioAED 270K · Jun 2020
509StudioAED 555K · May 2026
1–7 of 26

508, Spring Tower in numbers

  • Sold once: by the developer on 28 August 2013 for AED 548,450, or AED 499 per sqft.
  • Rented since June 2014 on 13 Ejari contracts. The rent fell from AED 58,000 to AED 37,529 in 2021 and recovered to AED 46,000 by April 2026.
  • At AED 46,000 a year the gross yield on the 2013 price is 8.4%, before a service charge of about AED 16,900 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 April 2026.

Questions about 508, Spring Tower

What did unit 508 last sell for?

AED 548,450 on 28 August 2013, sold by the developer: AED 499 per sqft for 1,097 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 46,000 a year on the contract renewed on 1 April 2026. The previous contract, from April 2025, was AED 46,000; the unit has been rented since June 2014.

How big is unit 508?

1,097 sqft (101.9 sqm): a one-bedroom apartment on the 5th floor of a 25-storey tower.

What is unit 508 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 508, Spring Tower

Starts from the last sale price (AED 548K, 28 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 548,450
Deposit, UAE resident (20%)
AED 109,690
Deposit, non-resident (40%)
AED 219,380
Monthly over 25 years at 3.7%
AED 2,244

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