Studio · 240 sqftSpring Tower, Dubai Silicon Oasis · 6th floor

609, Spring Tower

Sold prices and rental history: sold twice, last in August 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 10 December 2023
Last soldAED 179K10 August 2016
Current rentAED 45K /yr10 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Spring Tower

What is 609 worth today?

Last sold for AED 179,064 in 2016

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10 Dec 2023RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
27 Dec 2019RentedNew contract
AED 33,000/yr12 months · AED 68 per sqft
1 Jun 2019RentedNew contract
AED 35,000/yr12 months · AED 72 per sqft
9 Apr 2019RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
9 Dec 2018RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
30 Aug 2016RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft
10 Aug 2016SoldReady
AED 179,064AED 744 per sqft
2 Jul 2015RentedNew contract
AED 55,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 10 December 2023.

Key facts

Type
Studio apartment
Size
240 sqft
Floor
6th of 25
Parking
P6 79
Service charge
AED 3,700 /yr
Last sold
AED 179K · August 2016
Building
Spring Tower

About 609, Spring Tower

609 is a studio of 240 sqft on the 6th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 10 August 2016 for AED 179,064, or AED 744 per sqft, 33% below the AED 1,112 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 10 December 2023, is AED 45,000 a year: a gross yield of 25.1% on the 2016 price, before the service charge of about AED 3,700 a year.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical studio in Spring Tower
200K400K600K2010201520202025Typical 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 310,058 (AED 644 per sqft)Sold, August 2016: AED 179,064 (AED 744 per sqft)

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

Rents
Unit 609, each contractTypical studio in Spring Tower
40K60K20112015201920232027Typical 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, July 2015: AED 55,000 a yearNew contract, August 2016: AED 50,000 a yearNew contract, December 2018: AED 45,000 a yearNew contract, April 2019: AED 40,000 a yearNew contract, June 2019: AED 35,000 a yearNew contract, December 2019: AED 33,000 a yearNew contract, December 2023: AED 45,000 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 609 sits

All 139 studios →

609 last sold in August 2016 at AED 744 per sqft, 33% below what studios in Spring Tower were fetching at the time (AED 1,112). 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. 609's AED 45,000 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 6th floor

All 413 units in Spring Tower
Value
6021-bedAED 883K · Oct 2025
603StudioAED 487K · Sep 2013
604StudioAED 313K · Sep 2013
605StudioAED 340K · Oct 2022
606StudioAED 370K · Sep 2024
607StudioAED 685K · May 2010
6081-bedAED 548K · Jun 2013
1–7 of 25

609, Spring Tower in numbers

  • Sold twice: first on 20 November 2013 for AED 310,058, last on 10 August 2016 for AED 179,064 (AED 744 per sqft).
  • Rented since July 2015 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 33,000 in 2019 and recovered to AED 45,000 by December 2023.
  • At AED 45,000 a year the gross yield on the 2016 price is 25.1%, before a service charge of about AED 3,700 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 10 December 2023.

Questions about 609, Spring Tower

What did unit 609 last sell for?

AED 179,064 on 10 August 2016: AED 744 per sqft for 240 sqft. The unit has 2 registered sales; the first was AED 310,058 in November 2013.

What is the rent for unit 609?

AED 45,000 a year on the contract signed on 10 December 2023. The previous contract, from December 2019, was AED 33,000; the unit has been rented since July 2015.

How big is unit 609?

240 sqft (22.3 sqm): a studio on the 6th floor of a 25-storey tower.

What is unit 609 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 609, Spring Tower

Starts from the last sale price (AED 179K, 10 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 179,064
Deposit, UAE resident (20%)
AED 35,813
Deposit, non-resident (40%)
AED 71,626
Monthly over 25 years at 3.7%
AED 733

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