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4-bed · 2,712 sqftSpring Tower, Dubai Silicon Oasis · 5th floor

532, Spring Tower

Sold prices and rental history: sold twice, last in December 2021, and rented once, from July 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 532 · DLD and Ejari recordsUpdated 23 December 2021
Last soldAED 1.8M23 December 2021
Current rentAED 95K /yr1 July 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 532, Spring Tower

What is 532 worth today?

Last sold for AED 1,800,000 in 2021

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23 Dec 2021SoldReady
AED 1,800,000AED 663 per sqft
15 Dec 2013Sold by developerReady
AED 1,830,533AED 675 per sqft
1 Jul 2012RentedNew contract
AED 95,000/yr12 months · AED 35 per sqft

Source: Dubai Land Department. Updated 23 December 2021.

Key facts

Type
4-bed apartment
Size
2,712 sqft
Floor
5th of 25
Parking
P5 31+P5 30
Service charge
AED 41,900 /yr
Last sold
AED 1.8M · December 2021
Building
Spring Tower

About 532, Spring Tower

532 is a four-bedroom apartment of 2,712 sqft on the 5th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 23 December 2021 for AED 1,800,000, or AED 663 per sqft.

One Ejari contract is registered, from 1 July 2012. The current contract, signed on 1 July 2012, is AED 95,000 a year: a gross yield of 5.3% on the 2021 price, before the service charge of about AED 41,900 a year.

Sales and rents for 532 over time

Rents
Unit 532, each contractTypical four-bed in Spring Tower
100K150K2012201620202024Typical rent by year: 2013 AED 105,000; 2015 AED 180,000; 2016 AED 175,000; 2018 AED 142,500; 2019 AED 100,000; 2021 AED 110,000; 2022 AED 110,000; 2023 AED 121,000; 2024 AED 127,000; 2025 AED 129,438New contract, July 2012: AED 95,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Spring Tower, and where 532 sits

All 5 4-beds →

Over the last 12 months four-beds sold for AED 2,300,000 to 2,400,000, around AED 799 per sqft.

Recent 4-bed salesUnit no.Price (AED)Summary
11 Feb 20262,300,000
14 Jan 20262,400,000
9 Dec 20211,515,000
17 Jun 20131,639,695
2 4-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
5081-bedAED 548K · Aug 2013
1–7 of 26

532, Spring Tower in numbers

  • Sold twice: first on 15 December 2013 for AED 1,830,533, last on 23 December 2021 for AED 1,800,000 (AED 663 per sqft).
  • Rented since July 2012 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2021 price is 5.3%, before a service charge of about AED 41,900 a year (AED 15.45 per sqft).
  • Four-beds in Spring Tower sold for AED 2,300,000–2,400,000 in the 12 months to November 2026; the building's median across all types is AED 878 per sqft.

Source: Dubai Land Department. Updated 23 December 2021.

Questions about 532, Spring Tower

What did unit 532 last sell for?

AED 1,800,000 on 23 December 2021: AED 663 per sqft for 2,712 sqft. The unit has 2 registered sales; the first was AED 1,830,533 in December 2013.

What is the rent for unit 532?

AED 95,000 a year on the contract signed on 1 July 2012.

How big is unit 532?

2,712 sqft (252.0 sqm): a four-bedroom apartment on the 5th floor of a 25-storey tower.

What is unit 532 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Spring Tower sold for AED 2,300,000 to 2,400,000 in the last 12 months, around AED 799 per sqft.

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Mortgage on 532, Spring Tower

Starts from the last sale price (AED 1.8M, 23 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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