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Studio · 403 sqftSpring Tower, Dubai Silicon Oasis · 6th floor

615, Spring Tower

Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 615 · DLD and Ejari recordsUpdated 13 June 2026
Last soldAED 429K4 October 2012
Current rentAED 37K /yr13 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 615, Spring Tower

What is 615 worth today?

Last sold for AED 429,057 in 2012

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13 Jun 2026RentedRenewal
AED 36,750/yr12 months · AED 91 per sqft
13 Jun 2025RentedRenewal
AED 35,000/yr12 months · AED 87 per sqft
13 Jun 2024RentedRenewal
AED 31,000/yr12 months · AED 77 per sqft
13 Jun 2023RentedNew contract
AED 28,000/yr12 months · AED 69 per sqft
13 Feb 2020RentedNew contract
AED 28,000/yr12 months · AED 69 per sqft
20 Jan 2019RentedRenewal
AED 36,000/yr12 months · AED 89 per sqft
20 Jan 2018RentedRenewal
AED 37,500/yr12 months · AED 93 per sqft
20 Jan 2017RentedRenewal
AED 40,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 13 June 2026.

Key facts

Type
Studio apartment
Size
403 sqft
Floor
6th of 25
Parking
P6 85
Service charge
AED 6,200 /yr
Last sold
AED 429K · October 2012
Building
Spring Tower

About 615, Spring Tower

615 is a studio of 403 sqft on the 6th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 4 October 2012 for AED 429,057, or AED 1,064 per sqft, in line with the AED 1,064 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 13 June 2026, is AED 36,750 a year: a gross yield of 8.6% on the 2012 price, before the service charge of about AED 6,200 a year.

Sales and rents for 615 over time

Sales
Unit 615, 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, October 2012: AED 429,057 (AED 1,064 per sqft)

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

Rents
Unit 615, 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, January 2016: AED 40,000 a yearRenewal, January 2017: AED 40,000 a yearRenewal, January 2018: AED 37,500 a yearRenewal, January 2019: AED 36,000 a yearNew contract, February 2020: AED 28,000 a yearNew contract, June 2023: AED 28,000 a yearRenewal, June 2024: AED 31,000 a yearRenewal, June 2025: AED 35,000 a yearRenewal, June 2026: AED 36,750 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 615 sits

All 139 studios →

615 last sold in October 2012 at AED 1,064 per sqft, in line with what studios in Spring Tower were fetching at the time (AED 1,064). 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. 615's AED 36,750 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

615, Spring Tower in numbers

  • Sold once: by the developer on 4 October 2012 for AED 429,057, or AED 1,064 per sqft.
  • Rented since January 2016 on 9 Ejari contracts. The rent fell from AED 40,000 to AED 28,000 in 2023 and recovered to AED 36,750 by June 2026.
  • At AED 36,750 a year the gross yield on the 2012 price is 8.6%, before a service charge of about AED 6,200 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 13 June 2026.

Questions about 615, Spring Tower

What did unit 615 last sell for?

AED 429,057 on 4 October 2012, sold by the developer: AED 1,064 per sqft for 403 sqft. It is the only registered sale of the unit.

What is the rent for unit 615?

AED 36,750 a year on the contract renewed on 13 June 2026. The previous contract, from June 2025, was AED 35,000; the unit has been rented since January 2016.

How big is unit 615?

403 sqft (37.4 sqm): a studio on the 6th floor of a 25-storey tower.

What is unit 615 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 615, Spring Tower

Starts from the last sale price (AED 429K, 4 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 429,057
Deposit, UAE resident (20%)
AED 85,811
Deposit, non-resident (40%)
AED 171,623
Monthly over 25 years at 3.7%
AED 1,755

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