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Studio · 530 sqftSpring Tower, Dubai Silicon Oasis · 5th floor

511, Spring Tower

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

Unit 511 · DLD and Ejari recordsUpdated 9 November 2025
Last soldAED 450K20 June 2017
Current rentAED 48K /yr9 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 511, Spring Tower

What is 511 worth today?

Last sold for AED 450,000 in 2017

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9 Nov 2025RentedNew contract
AED 48,000/yr12 months · AED 91 per sqft
15 Jun 2023RentedNew contract
AED 41,000/yr12 months · AED 78 per sqft
20 May 2021RentedNew contract
AED 23,000/yr12 months · AED 44 per sqft
10 May 2019RentedNew contract
AED 34,000/yr12 months · AED 64 per sqft
5 May 2018RentedNew contract
AED 39,000/yr12 months · AED 74 per sqft
20 Jun 2017SoldReady
AED 450,000AED 849 per sqft
1 May 2017RentedNew contract
AED 40,000/yr12 months · AED 76 per sqft
2 Jun 2016Sold by developerReady
AED 635,688AED 1,200 per sqft

Source: Dubai Land Department. Updated 9 November 2025.

Key facts

Type
Studio apartment
Size
530 sqft
Floor
5th of 25
Parking
P5 83
Service charge
AED 8,200 /yr
Last sold
AED 450K · June 2017
Building
Spring Tower

About 511, Spring Tower

511 is a studio of 530 sqft on the 5th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 20 June 2017 for AED 450,000, or AED 849 per sqft, 17% below the AED 1,029 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 9 November 2025, is AED 48,000 a year: a gross yield of 10.7% on the 2017 price, before the service charge of about AED 8,200 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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 2016: AED 635,688 (AED 1,200 per sqft)Sold, June 2017: AED 450,000 (AED 849 per sqft)

511 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 511, 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, May 2017: AED 40,000 a yearNew contract, May 2018: AED 39,000 a yearNew contract, May 2019: AED 34,000 a yearNew contract, May 2021: AED 23,000 a yearNew contract, June 2023: AED 41,000 a yearNew contract, November 2025: AED 48,000 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 511 sits

All 139 studios →

511 last sold in June 2017 at AED 849 per sqft, 17% below what studios in Spring Tower were fetching at the time (AED 1,029). 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. 511's AED 48,000 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
504StudioAED 600K · Jan 2017
505StudioAED 492K · Oct 2011
506StudioAED 270K · Jun 2020
5081-bedAED 548K · Aug 2013
1–7 of 26

511, Spring Tower in numbers

  • Sold twice: first on 2 June 2016 for AED 635,688, last on 20 June 2017 for AED 450,000 (AED 849 per sqft).
  • Rented since May 2017 on 6 Ejari contracts. The rent fell from AED 40,000 to AED 23,000 in 2021 and recovered to AED 48,000 by November 2025.
  • At AED 48,000 a year the gross yield on the 2017 price is 10.7%, before a service charge of about AED 8,200 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 9 November 2025.

Questions about 511, Spring Tower

What did unit 511 last sell for?

AED 450,000 on 20 June 2017: AED 849 per sqft for 530 sqft. The unit has 2 registered sales; the first was AED 635,688 in June 2016.

What is the rent for unit 511?

AED 48,000 a year on the contract signed on 9 November 2025. The previous contract, from June 2023, was AED 41,000; the unit has been rented since May 2017.

How big is unit 511?

530 sqft (49.2 sqm): a studio on the 5th floor of a 25-storey tower.

What is unit 511 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 511, Spring Tower

Starts from the last sale price (AED 450K, 20 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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