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Studio · 415 sqftSpring Tower, Dubai Silicon Oasis · 6th floor

614, Spring Tower

Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 614 · DLD and Ejari recordsUpdated 11 May 2020
Last soldAED 281K8 July 2013
Current rentAED 28K /yr11 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 614, Spring Tower

What is 614 worth today?

Last sold for AED 280,500 in 2013

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11 May 2020RentedRenewal
AED 28,000/yr12 months · AED 67 per sqft
11 May 2019RentedRenewal
AED 30,000/yr12 months · AED 71 per sqft
11 May 2018RentedNew contract
AED 36,000/yr12 months · AED 86 per sqft
2 Apr 2017RentedNew contract
AED 40,000/yr12 months · AED 95 per sqft
2 Mar 2015RentedNew contract
AED 52,000/yr12 months · AED 124 per sqft
8 Jul 2013Sold by developerReady
AED 280,500AED 675 per sqft

Source: Dubai Land Department. Updated 11 May 2020.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
6th of 25
Parking
P6 84
Service charge
AED 6,400 /yr
Last sold
AED 281K · July 2013
Building
Spring Tower

About 614, Spring Tower

614 is a studio of 415 sqft on the 6th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 8 July 2013 for AED 280,500, or AED 675 per sqft, in line with the AED 675 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 11 May 2020, is AED 28,000 a year: a gross yield of 10.0% on the 2013 price, before the service charge of about AED 6,400 a year.

Sales and rents for 614 over time

Sales
Unit 614, 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, July 2013: AED 280,500 (AED 675 per sqft)

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

Rents
Unit 614, 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 2015: AED 52,000 a yearNew contract, April 2017: AED 40,000 a yearNew contract, May 2018: AED 36,000 a yearRenewal, May 2019: AED 30,000 a yearRenewal, May 2020: AED 28,000 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 614 sits

All 139 studios →

614 last sold in July 2013 at AED 675 per sqft, in line with what studios in Spring Tower were fetching at the time (AED 675). 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. 614's AED 28,000 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 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

614, Spring Tower in numbers

  • Sold once: by the developer on 8 July 2013 for AED 280,500, or AED 675 per sqft.
  • Rented since March 2015 on 5 Ejari contracts, from AED 52,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2013 price is 10.0%, 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 11 May 2020.

Questions about 614, Spring Tower

What did unit 614 last sell for?

AED 280,500 on 8 July 2013, sold by the developer: AED 675 per sqft for 415 sqft. It is the only registered sale of the unit.

What is the rent for unit 614?

AED 28,000 a year on the contract renewed on 11 May 2020. The previous contract, from May 2019, was AED 30,000; the unit has been rented since March 2015.

How big is unit 614?

415 sqft (38.6 sqm): a studio on the 6th floor of a 25-storey tower.

What is unit 614 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 614, Spring Tower

Starts from the last sale price (AED 281K, 8 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 280,500
Deposit, UAE resident (20%)
AED 56,100
Deposit, non-resident (40%)
AED 112,200
Monthly over 25 years at 3.7%
AED 1,148

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