Studio · 490 sqftSpring Tower, Dubai Silicon Oasis · 7th floor

703, Spring Tower

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

Unit 703 · DLD and Ejari recordsUpdated 20 April 2026
Last soldAED 368K4 September 2013
Current rentAED 40K /yr20 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Spring Tower

What is 703 worth today?

Last sold for AED 367,695 in 2013

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20 Apr 2026RentedNew contract
AED 40,000/yr12 months · AED 82 per sqft
20 Apr 2025RentedRenewal
AED 40,000/yr12 months · AED 81 per sqft
20 Apr 2024RentedRenewal
AED 37,000/yr12 months · AED 75 per sqft
20 Apr 2023RentedNew contract
AED 33,000/yr12 months · AED 67 per sqft
20 Apr 2021RentedRenewal
AED 33,000/yr12 months · AED 67 per sqft
20 Apr 2020RentedRenewal
AED 33,000/yr12 months · AED 67 per sqft
20 Apr 2019RentedRenewal
AED 42,000/yr12 months · AED 85 per sqft
20 Apr 2018RentedRenewal
AED 42,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 20 April 2026.

Key facts

Type
Studio apartment
Size
490 sqft
Floor
7th of 25
Parking
P1 93
Service charge
AED 7,600 /yr
Last sold
AED 368K · September 2013
Building
Spring Tower

About 703, Spring Tower

703 is a studio of 490 sqft on the 7th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 4 September 2013 for AED 367,695, or AED 749 per sqft, 11% above the AED 675 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 20 April 2026, is AED 40,000 a year: a gross yield of 10.9% on the 2013 price, before the service charge of about AED 7,600 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, September 2013: AED 367,695 (AED 749 per sqft)

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

Rents
Unit 703, 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 2013: AED 34,101 a yearNew contract, April 2017: AED 42,000 a yearRenewal, April 2018: AED 42,000 a yearRenewal, April 2019: AED 42,000 a yearRenewal, April 2020: AED 33,000 a yearRenewal, April 2021: AED 33,000 a yearNew contract, April 2023: AED 33,000 a yearRenewal, April 2024: AED 37,000 a yearRenewal, April 2025: AED 40,000 a yearNew contract, April 2026: AED 40,000 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 703 sits

All 139 studios →

703 last sold in September 2013 at AED 749 per sqft, 11% above 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. 703's AED 40,000 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 7th floor

All 413 units in Spring Tower
Value
7013-bedAED 2.12M · Jun 2013
7023-bedAED 1.88M · Jun 2013
7042-bedAED 1M · Feb 2022
7051-bedAED 740K · Aug 2013
7061-bedAED 675K · Jan 2024
7121-bedAED 876K · Dec 2014
7131-bedAED 750K · Oct 2024
1–7 of 12

703, Spring Tower in numbers

  • Sold once: by the developer on 4 September 2013 for AED 367,695, or AED 749 per sqft.
  • Rented since March 2013 on 10 Ejari contracts, from AED 34,101 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2013 price is 10.9%, before a service charge of about AED 7,600 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 20 April 2026.

Questions about 703, Spring Tower

What did unit 703 last sell for?

AED 367,695 on 4 September 2013, sold by the developer: AED 749 per sqft for 490 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 40,000 a year on the contract signed on 20 April 2026. The previous contract, from April 2025, was AED 40,000; the unit has been rented since March 2013.

How big is unit 703?

490 sqft (45.5 sqm): a studio on the 7th floor of a 25-storey tower.

What is unit 703 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 703, Spring Tower

Starts from the last sale price (AED 368K, 4 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 367,695
Deposit, UAE resident (20%)
AED 73,539
Deposit, non-resident (40%)
AED 147,078
Monthly over 25 years at 3.7%
AED 1,504

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