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Studio · 463 sqftSpring Tower, Dubai Silicon Oasis · 6th floor

627, Spring Tower

Sold prices and rental history: sold once, by the developer in May 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 627 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 287K12 May 2014
Current rentAED 31K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 627, Spring Tower

What is 627 worth today?

Last sold for AED 287,277 in 2014

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1 Dec 2024RentedRenewal
AED 31,000/yr12 months · AED 67 per sqft
1 Dec 2023RentedRenewal
AED 28,000/yr12 months · AED 60 per sqft
1 Dec 2022RentedNew contract
AED 26,000/yr12 months · AED 56 per sqft
1 Oct 2019RentedNew contract
AED 32,000/yr12 months · AED 69 per sqft
15 May 2019RentedNew contract
AED 35,000/yr12 months · AED 76 per sqft
18 May 2014RentedNew contract
AED 37,000/yr12 months · AED 80 per sqft
12 May 2014Sold by developerReady
AED 287,277AED 619 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
Studio apartment
Size
463 sqft
Floor
6th of 25
Parking
P6 43
Service charge
AED 7,200 /yr
Last sold
AED 287K · May 2014
Building
Spring Tower

About 627, Spring Tower

627 is a studio of 463 sqft on the 6th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 12 May 2014 for AED 287,277, or AED 619 per sqft, 8% below the AED 674 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 31,000 a year: a gross yield of 10.8% on the 2014 price, before the service charge of about AED 7,200 a year.

Sales and rents for 627 over time

Sales
Unit 627, 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, May 2014: AED 287,277 (AED 619 per sqft)

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

Rents
Unit 627, 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, May 2014: AED 37,000 a yearNew contract, May 2019: AED 35,000 a yearNew contract, October 2019: AED 32,000 a yearNew contract, December 2022: AED 26,000 a yearRenewal, December 2023: AED 28,000 a yearRenewal, December 2024: AED 31,000 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 627 sits

All 139 studios →

627 last sold in May 2014 at AED 619 per sqft, 8% below what studios in Spring Tower were fetching at the time (AED 674). 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. 627's AED 31,000 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

627, Spring Tower in numbers

  • Sold once: by the developer on 12 May 2014 for AED 287,277, or AED 619 per sqft.
  • Rented since May 2014 on 6 Ejari contracts. The rent fell from AED 37,000 to AED 26,000 in 2022 and recovered to AED 31,000 by December 2024.
  • At AED 31,000 a year the gross yield on the 2014 price is 10.8%, 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 1 December 2024.

Questions about 627, Spring Tower

What did unit 627 last sell for?

AED 287,277 on 12 May 2014, sold by the developer: AED 619 per sqft for 463 sqft. It is the only registered sale of the unit.

What is the rent for unit 627?

AED 31,000 a year on the contract renewed on 1 December 2024. The previous contract, from December 2023, was AED 28,000; the unit has been rented since May 2014.

How big is unit 627?

463 sqft (43.0 sqm): a studio on the 6th floor of a 25-storey tower.

What is unit 627 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 627, Spring Tower

Starts from the last sale price (AED 287K, 12 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 287,277
Deposit, UAE resident (20%)
AED 57,455
Deposit, non-resident (40%)
AED 114,911
Monthly over 25 years at 3.7%
AED 1,175

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