704, Spring Tower
Sold prices and rental history: sold twice, last in February 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Spring Tower
What is 704 worth today?
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Source: Dubai Land Department. Updated 1 February 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,810 sqft
- Floor
- 7th of 25
- Parking
- P1 92
- Service charge
- AED 28,000 /yr
- Last sold
- AED 1M · February 2022
- Building
- Spring Tower
About 704, Spring Tower
704 is a two-bedroom apartment of 1,810 sqft on the 7th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 1 February 2022 for AED 1,000,000, or AED 552 per sqft, 5% above the AED 526 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 November 2021, is AED 40,108 a year: a gross yield of 4.0% on the 2022 price, before the service charge of about AED 28,000 a year.
Sales and rents for 704 over time
704 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Spring Tower, and where 704 sits
All 85 2-beds →704 last sold in February 2022 at AED 552 per sqft, 5% above what two-beds in Spring Tower were fetching at the time (AED 526). Over the last 12 months two-beds sold for AED 948,830 to 1,340,000, around AED 897 per sqft, and rent for AED 50,000 to 104,000 a year. 704's AED 40,108 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jul 20269 July 2026 | 1,209 sqft | 1,100,000 | 910 | ||
| 6 Jul 20266 July 2026 | 1,296 sqft | 948,830 | 732 | ||
| 2 Apr 20262 April 2026 | 1,281 sqft | 1,150,000 | 897 | ||
| 21 Nov 202521 November 2025 | 1,626 sqft | 1,340,000 | 824 |
Spring Tower
Building413 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%
Other units on the 7th floor
All 413 units in Spring Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 4,240 sqft | AED 2.12MAED 2,120,110 · Jun 2013June 2013 | 160,000 /yr | |
| 702 | 3-bed | 3,751 sqft | AED 1.88MAED 1,875,585 · Jun 2013June 2013 | 75,000 /yr | |
| 703 | Studio | 490 sqft | AED 368KAED 367,695 · Sep 2013September 2013 | 40,000 /yr | |
| 705 | 1-bed | 1,152 sqft | AED 740KAED 740,000 · Aug 2013August 2013 | 51,000 /yr | |
| 706 | 1-bed | 1,102 sqft | AED 675KAED 675,000 · Jan 2024January 2024 | 42,000 /yr | |
| 712 | 1-bed | 820 sqft | AED 876KAED 875,728 · Dec 2014December 2014 | 55,000 /yr | |
| 713 | 1-bed | 820 sqft | AED 750KAED 750,000 · Oct 2024October 2024 | 38,000 /yr | |
| 715 | 2-bed | 1,352 sqft | AED 676KAED 675,800 · Jun 2013June 2013 | 55,000 /yr | |
| 719 | 1-bed | 1,144 sqft | AED 750KAED 750,000 · Mar 2025March 2025 | 52,000 /yr | |
| 722 | Studio | 490 sqft | AED 524KAED 523,598 · Jan 2012January 2012 | 42,000 /yr | |
| 723 | 3-bed | 3,370 sqft | AED 2.28MAED 2,275,000 · Apr 2025April 2025 | 125,000 /yr | |
| 724 | 3-bed | 3,276 sqft | AED 1.64MAED 1,637,890 · Jun 2013June 2013 | 125,000 /yr |
704, Spring Tower in numbers
- Sold twice: first on 29 March 2011 for AED 1,932,983, last on 1 February 2022 for AED 1,000,000 (AED 552 per sqft).
- Rented since July 2013 on 8 Ejari contracts, from AED 80,000 to AED 40,108 a year.
- At AED 40,108 a year the gross yield on the 2022 price is 4.0%, before a service charge of about AED 28,000 a year (AED 15.45 per sqft).
- Two-beds in Spring Tower sold for AED 948,830–1,340,000 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 February 2022.
Questions about 704, Spring Tower
What did unit 704 last sell for?
AED 1,000,000 on 1 February 2022: AED 552 per sqft for 1,810 sqft. The unit has 2 registered sales; the first was AED 1,932,983 in March 2011.
What is the rent for unit 704?
AED 40,108 a year on the contract signed on 1 November 2021. The previous contract, from July 2020, was AED 40,000; the unit has been rented since July 2013.
How big is unit 704?
1,810 sqft (168.2 sqm): a two-bedroom apartment on the 7th floor of a 25-storey tower.
What is unit 704 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Spring Tower sold for AED 948,830 to 1,340,000 in the last 12 months, around AED 897 per sqft.
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Mortgage on 704, Spring Tower
Starts from the last sale price (AED 1M, 1 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →