706, Spring Tower
Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Spring Tower
What is 706 worth today?
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Source: Dubai Land Department. Updated 29 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,102 sqft
- Floor
- 7th of 25
- Parking
- P1 90
- Service charge
- AED 17,000 /yr
- Last sold
- AED 675K · January 2024
- Building
- Spring Tower
About 706, Spring Tower
706 is a one-bedroom apartment of 1,102 sqft on the 7th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 29 January 2024 for AED 675,000, or AED 612 per sqft, 4% below the AED 640 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 20 October 2022, is AED 42,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 17,000 a year.
Sales and rents for 706 over time
706 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Spring Tower, and where 706 sits
All 173 1-beds →706 last sold in January 2024 at AED 612 per sqft, 4% below what one-beds in Spring Tower were fetching at the time (AED 640). Over the last 12 months one-beds sold for AED 710,000 to 850,000, around AED 878 per sqft, and rent for AED 42,000 to 80,000 a year. 706's AED 42,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Aug 202625 August 2026 | 480 sqft | 825,000 | 1,717 | ||
| 24 Apr 202624 April 2026 | 1,086 sqft | 850,000 | 782 | ||
| 16 Mar 202616 March 2026 | 815 sqft | 710,000 | 870 | ||
| 9 Feb 20269 February 2026 | 765 sqft | 755,000 | 987 |
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 | |
| 704 | 2-bed | 1,810 sqft | AED 1MAED 1,000,000 · Feb 2022February 2022 | 40,108 /yr | |
| 705 | 1-bed | 1,152 sqft | AED 740KAED 740,000 · Aug 2013August 2013 | 51,000 /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 |
706, Spring Tower in numbers
- Sold 3 times: first on 9 November 2010 for AED 1,177,309, last on 29 January 2024 for AED 675,000 (AED 612 per sqft).
- Rented since September 2014 on 5 Ejari contracts. The rent fell from AED 50,000 to AED 38,000 in 2020 and recovered to AED 42,000 by October 2022.
- At AED 42,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 17,000 a year (AED 15.45 per sqft).
- One-beds in Spring Tower sold for AED 710,000–850,000 in the 12 months to November 2026; the building's median across all types is AED 878 per sqft.
Source: Dubai Land Department. Updated 29 January 2024.
Questions about 706, Spring Tower
What did unit 706 last sell for?
AED 675,000 on 29 January 2024: AED 612 per sqft for 1,102 sqft. The unit has 3 registered sales; the first was AED 1,177,309 in November 2010.
What is the rent for unit 706?
AED 42,000 a year on the contract signed on 20 October 2022. The previous contract, from October 2021, was AED 40,000; the unit has been rented since September 2014.
How big is unit 706?
1,102 sqft (102.4 sqm): a one-bedroom apartment on the 7th floor of a 25-storey tower.
What is unit 706 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Spring Tower sold for AED 710,000 to 850,000 in the last 12 months, around AED 878 per sqft.
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Mortgage on 706, Spring Tower
Starts from the last sale price (AED 675K, 29 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 675,000
- Deposit, UAE resident (20%)
- AED 135,000
- Deposit, non-resident (40%)
- AED 270,000
- Monthly over 25 years at 3.7%
- AED 2,762
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →