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Studio · 531 sqftSpring Tower, Dubai Silicon Oasis · 5th floor

522, Spring Tower

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

Unit 522 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 535K9 February 2014
Current rentAED 33K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 522, Spring Tower

What is 522 worth today?

Last sold for AED 535,000 in 2014

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1 Oct 2024RentedNew contract
AED 32,500/yr12 months · AED 62 per sqft
1 Oct 2023RentedNew contract
AED 30,030/yr12 months · AED 57 per sqft
1 Oct 2022RentedRenewal
AED 28,600/yr12 months · AED 54 per sqft
1 Oct 2021RentedRenewal
AED 26,000/yr12 months · AED 49 per sqft
1 Oct 2020RentedRenewal
AED 28,000/yr12 months · AED 53 per sqft
1 Oct 2019RentedNew contract
AED 34,000/yr12 months · AED 64 per sqft
9 Feb 2014SoldReady
AED 535,000AED 1,007 per sqft
20 Nov 2013Sold by developerReady
AED 342,469AED 644 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Studio apartment
Size
531 sqft
Floor
5th of 25
Parking
P5 53
Service charge
AED 8,200 /yr
Last sold
AED 535K · February 2014
Building
Spring Tower

About 522, Spring Tower

522 is a studio of 531 sqft on the 5th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 9 February 2014 for AED 535,000, or AED 1,007 per sqft, 49% above the AED 674 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 October 2024, is AED 32,500 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 8,200 a year.

Sales and rents for 522 over time

Sales
Unit 522, 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, November 2013: AED 342,469 (AED 644 per sqft)Sold, February 2014: AED 535,000 (AED 1,007 per sqft)

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

Rents
Unit 522, 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, March 2013: AED 30,000 a yearNew contract, October 2019: AED 34,000 a yearRenewal, October 2020: AED 28,000 a yearRenewal, October 2021: AED 26,000 a yearRenewal, October 2022: AED 28,600 a yearNew contract, October 2023: AED 30,030 a yearNew contract, October 2024: AED 32,500 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 522 sits

All 139 studios →

522 last sold in February 2014 at AED 1,007 per sqft, 49% above what studios in Spring Tower were fetching at the time (AED 674). 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. 522's AED 32,500 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

522, Spring Tower in numbers

  • Sold twice: first on 20 November 2013 for AED 342,469, last on 9 February 2014 for AED 535,000 (AED 1,007 per sqft).
  • Rented since March 2013 on 7 Ejari contracts. The rent fell from AED 30,000 to AED 26,000 in 2021 and recovered to AED 32,500 by October 2024.
  • At AED 32,500 a year the gross yield on the 2014 price is 6.1%, 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 1 October 2024.

Questions about 522, Spring Tower

What did unit 522 last sell for?

AED 535,000 on 9 February 2014: AED 1,007 per sqft for 531 sqft. The unit has 2 registered sales; the first was AED 342,469 in November 2013.

What is the rent for unit 522?

AED 32,500 a year on the contract signed on 1 October 2024. The previous contract, from October 2023, was AED 30,030; the unit has been rented since March 2013.

How big is unit 522?

531 sqft (49.3 sqm): a studio on the 5th floor of a 25-storey tower.

What is unit 522 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 522, Spring Tower

Starts from the last sale price (AED 535K, 9 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 535,000
Deposit, UAE resident (20%)
AED 107,000
Deposit, non-resident (40%)
AED 214,000
Monthly over 25 years at 3.7%
AED 2,189

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