Studio · 463 sqftSpring Tower, Dubai Silicon Oasis · 5th floor

527, Spring Tower

Sold prices and rental history: sold 3 times, last in April 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 527 · DLD and Ejari recordsUpdated 8 November 2024
Last soldAED 325K20 April 2022
Current rentAED 32K /yr8 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 527, Spring Tower

What is 527 worth today?

Last sold for AED 325,000 in 2022

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8 Nov 2024RentedNew contract
AED 32,000/yr12 months · AED 69 per sqft
5 Jun 2023RentedNew contract
AED 27,500/yr12 months · AED 59 per sqft
20 Apr 2022SoldReady
AED 325,000AED 701 per sqft
5 Jun 2021RentedNew contract
AED 24,000/yr12 months · AED 52 per sqft
10 Jun 2019RentedNew contract
AED 35,000/yr12 months · AED 76 per sqft
25 Sep 2018RentedNew contract
AED 40,000/yr12 months · AED 86 per sqft
29 May 2014SoldReady
AED 550,000AED 1,186 per sqft
29 May 2014RentedNew contract
AED 49,849/yr11 months · AED 108 per sqft

Source: Dubai Land Department. Updated 8 November 2024.

Key facts

Type
Studio apartment
Size
463 sqft
Floor
5th of 25
Parking
P5 48
Service charge
AED 7,200 /yr
Last sold
AED 325K · April 2022
Building
Spring Tower

About 527, Spring Tower

527 is a studio of 463 sqft on the 5th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 20 April 2022 for AED 325,000, or AED 701 per sqft, 21% above the AED 581 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 8 November 2024, is AED 32,000 a year: a gross yield of 9.8% on the 2022 price, before the service charge of about AED 7,200 a year.

Sales and rents for 527 over time

Sales
Unit 527, 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, September 2013: AED 313,000 (AED 675 per sqft)Sold, May 2014: AED 550,000 (AED 1,186 per sqft)Sold, April 2022: AED 325,000 (AED 701 per sqft)

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

Rents
Unit 527, 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, April 2013: AED 30,000 a yearNew contract, May 2014: AED 49,849 a yearNew contract, September 2018: AED 40,000 a yearNew contract, June 2019: AED 35,000 a yearNew contract, June 2021: AED 24,000 a yearNew contract, June 2023: AED 27,500 a yearNew contract, November 2024: AED 32,000 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 527 sits

All 139 studios →

527 last sold in April 2022 at AED 701 per sqft, 21% above what studios in Spring Tower were fetching at the time (AED 581). 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. 527's AED 32,000 is at the bottom 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

527, Spring Tower in numbers

  • Sold 3 times: first on 2 September 2013 for AED 313,000, last on 20 April 2022 for AED 325,000 (AED 701 per sqft).
  • Rented since April 2013 on 7 Ejari contracts. The rent fell from AED 30,000 to AED 24,000 in 2021 and recovered to AED 32,000 by November 2024.
  • At AED 32,000 a year the gross yield on the 2022 price is 9.8%, before a service charge of about AED 7,200 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 8 November 2024.

Questions about 527, Spring Tower

What did unit 527 last sell for?

AED 325,000 on 20 April 2022: AED 701 per sqft for 463 sqft. The unit has 3 registered sales; the first was AED 313,000 in September 2013.

What is the rent for unit 527?

AED 32,000 a year on the contract signed on 8 November 2024. The previous contract, from June 2023, was AED 27,500; the unit has been rented since April 2013.

How big is unit 527?

463 sqft (43.0 sqm): a studio on the 5th floor of a 25-storey tower.

What is unit 527 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 527, Spring Tower

Starts from the last sale price (AED 325K, 20 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 325,000
Deposit, UAE resident (20%)
AED 65,000
Deposit, non-resident (40%)
AED 130,000
Monthly over 25 years at 3.7%
AED 1,330

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