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

722, Spring Tower

Sold prices and rental history: sold once, by the developer in January 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 722 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 524K22 January 2012
Current rentAED 42K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 722, Spring Tower

What is 722 worth today?

Last sold for AED 523,598 in 2012

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Feb 2026RentedNew contract
AED 42,000/yr12 months · AED 85 per sqft
30 Dec 2024RentedRenewal
AED 37,000/yr12 months · AED 75 per sqft
30 Dec 2023RentedNew contract
AED 35,000/yr12 months · AED 71 per sqft
25 Dec 2021RentedNew contract
AED 23,000/yr12 months · AED 46 per sqft
1 Dec 2020RentedNew contract
AED 22,000/yr12 months · AED 44 per sqft
15 Apr 2019RentedNew contract
AED 30,000/yr12 months · AED 61 per sqft
2 Jan 2018RentedNew contract
AED 42,000/yr12 months · AED 85 per sqft
20 Dec 2016RentedNew contract
AED 42,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
Studio apartment
Size
490 sqft
Floor
7th of 25
Parking
P1 59
Service charge
AED 7,600 /yr
Last sold
AED 524K · January 2012
Building
Spring Tower

About 722, Spring Tower

722 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 22 January 2012 for AED 523,598, or AED 1,067 per sqft, in line with the AED 1,059 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 February 2026, is AED 42,000 a year: a gross yield of 8.0% on the 2012 price, before the service charge of about AED 7,600 a year.

Sales and rents for 722 over time

Sales
Unit 722, 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, January 2012: AED 523,598 (AED 1,067 per sqft)

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

Rents
Unit 722, each contractTypical studio in Spring Tower
20K40K20112015201920232027Typical 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, December 2013: AED 42,000 a yearNew contract, December 2016: AED 42,000 a yearNew contract, January 2018: AED 42,000 a yearNew contract, April 2019: AED 30,000 a yearNew contract, December 2020: AED 22,000 a yearNew contract, December 2021: AED 23,000 a yearNew contract, December 2023: AED 35,000 a yearRenewal, December 2024: AED 37,000 a yearNew contract, February 2026: AED 42,000 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 722 sits

All 139 studios →

722 last sold in January 2012 at AED 1,067 per sqft, in line with what studios in Spring Tower were fetching at the time (AED 1,059). 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. 722's AED 42,000 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
703StudioAED 368K · Sep 2013
7042-bedAED 1M · Feb 2022
7051-bedAED 740K · Aug 2013
7061-bedAED 675K · Jan 2024
7121-bedAED 876K · Dec 2014
1–7 of 12

722, Spring Tower in numbers

  • Sold once: by the developer on 22 January 2012 for AED 523,598, or AED 1,067 per sqft.
  • Rented since December 2013 on 9 Ejari contracts. The rent fell from AED 42,000 to AED 22,000 in 2020 and recovered to AED 42,000 by February 2026.
  • At AED 42,000 a year the gross yield on the 2012 price is 8.0%, 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 1 February 2026.

Questions about 722, Spring Tower

What did unit 722 last sell for?

AED 523,598 on 22 January 2012, sold by the developer: AED 1,067 per sqft for 490 sqft. It is the only registered sale of the unit.

What is the rent for unit 722?

AED 42,000 a year on the contract signed on 1 February 2026. The previous contract, from December 2024, was AED 37,000; the unit has been rented since December 2013.

How big is unit 722?

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

What is unit 722 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.

Selling 722? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 722, Spring Tower

Starts from the last sale price (AED 524K, 22 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 523,598
Deposit, UAE resident (20%)
AED 104,720
Deposit, non-resident (40%)
AED 209,439
Monthly over 25 years at 3.7%
AED 2,142

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