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Studio · 415 sqftSpring Tower, Dubai Silicon Oasis · 5th floor

514, Spring Tower

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 3 February 2026
Last soldAED 441K30 August 2010
Current rentAED 40K /yr3 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 514, Spring Tower

What is 514 worth today?

Last sold for AED 441,197 in 2010

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3 Feb 2026RentedRenewal
AED 40,000/yr12 months · AED 98 per sqft
3 Feb 2025RentedRenewal
AED 40,000/yr12 months · AED 98 per sqft
3 Feb 2024RentedNew contract
AED 40,000/yr12 months · AED 95 per sqft
15 Jan 2023RentedNew contract
AED 38,000/yr12 months · AED 91 per sqft
13 Apr 2013RentedNew contract
AED 42,000/yr12 months · AED 100 per sqft
30 Aug 2010Sold by developerReady
AED 441,197AED 1,061 per sqft

Source: Dubai Land Department. Updated 3 February 2026.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
5th of 25
Parking
P5 37
Service charge
AED 6,400 /yr
Last sold
AED 441K · August 2010
Building
Spring Tower

About 514, Spring Tower

514 is a studio of 415 sqft on the 5th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 30 August 2010 for AED 441,197, or AED 1,061 per sqft, in line with the AED 1,056 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 3 February 2026, is AED 40,000 a year: a gross yield of 9.1% on the 2010 price, before the service charge of about AED 6,400 a year.

Sales and rents for 514 over time

Sales
Unit 514, 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 441,197 (AED 1,061 per sqft)

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

Rents
Unit 514, 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, April 2013: AED 42,000 a yearNew contract, January 2023: AED 38,000 a yearNew contract, February 2024: AED 40,000 a yearRenewal, February 2025: AED 40,000 a yearRenewal, February 2026: AED 40,000 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 514 sits

All 139 studios →

514 last sold in August 2010 at AED 1,061 per sqft, in line with what studios in Spring Tower were fetching at the time (AED 1,056). 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. 514's AED 40,000 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

514, Spring Tower in numbers

  • Sold once: by the developer on 30 August 2010 for AED 441,197, or AED 1,061 per sqft.
  • Rented since April 2013 on 5 Ejari contracts, from AED 42,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2010 price is 9.1%, before a service charge of about AED 6,400 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 3 February 2026.

Questions about 514, Spring Tower

What did unit 514 last sell for?

AED 441,197 on 30 August 2010, sold by the developer: AED 1,061 per sqft for 415 sqft. It is the only registered sale of the unit.

What is the rent for unit 514?

AED 40,000 a year on the contract renewed on 3 February 2026. The previous contract, from February 2025, was AED 40,000; the unit has been rented since April 2013.

How big is unit 514?

415 sqft (38.6 sqm): a studio on the 5th floor of a 25-storey tower.

What is unit 514 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 514, Spring Tower

Starts from the last sale price (AED 441K, 30 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 441,197
Deposit, UAE resident (20%)
AED 88,239
Deposit, non-resident (40%)
AED 176,479
Monthly over 25 years at 3.7%
AED 1,805

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