3-bed · 3,370 sqftSpring Tower, Dubai Silicon Oasis · 7th floor

723, Spring Tower

Sold prices and rental history: sold twice, last in April 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 723 · DLD and Ejari recordsUpdated 7 April 2025
Last soldAED 2.28M7 April 2025
Current rentAED 125K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 723, Spring Tower

What is 723 worth today?

Last sold for AED 2,275,000 in 2025

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7 Apr 2025SoldReady
AED 2,275,000AED 675 per sqft
15 Aug 2024RentedRenewal
AED 125,000/yr12 months · AED 37 per sqft
15 Aug 2023RentedNew contract
AED 125,000/yr12 months · AED 37 per sqft
7 Oct 2022RentedRenewal
AED 100,000/yr12 months · AED 30 per sqft
7 Oct 2021RentedRenewal
AED 100,000/yr12 months · AED 30 per sqft
7 Oct 2020RentedRenewal
AED 100,000/yr12 months · AED 30 per sqft
7 Oct 2019RentedNew contract
AED 104,475/yr12 months · AED 31 per sqft
7 Oct 2018RentedRenewal
AED 104,475/yr12 months · AED 31 per sqft

Source: Dubai Land Department. Updated 7 April 2025.

Key facts

Type
3-bed apartment
Size
3,370 sqft
Floor
7th of 25
Parking
P1 13+ P1 12
Service charge
AED 52,100 /yr
Last sold
AED 2.28M · April 2025
Building
Spring Tower

About 723, Spring Tower

723 is a three-bedroom apartment of 3,370 sqft on the 7th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 7 April 2025 for AED 2,275,000, or AED 675 per sqft.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 125,000 a year: a gross yield of 5.5% on the 2025 price, before the service charge of about AED 52,100 a year.

Sales and rents for 723 over time

Rents
Unit 723, each contractTypical three-bed in Spring Tower
100K150K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 102,500; 2014 AED 110,125; 2015 AED 115,000; 2016 AED 155,000; 2017 AED 125,000; 2018 AED 120,000; 2019 AED 121,000; 2020 AED 107,500; 2021 AED 100,000; 2022 AED 100,000; 2023 AED 109,988; 2024 AED 110,125; 2025 AED 110,000; 2026 AED 125,000New contract, October 2013: AED 94,762 a yearNew contract, October 2014: AED 99,500 a yearRenewal, October 2015: AED 104,475 a yearRenewal, October 2016: AED 104,475 a yearRenewal, October 2017: AED 104,475 a yearRenewal, October 2018: AED 104,475 a yearNew contract, October 2019: AED 104,475 a yearRenewal, October 2020: AED 100,000 a yearRenewal, October 2021: AED 100,000 a yearRenewal, October 2022: AED 100,000 a yearNew contract, August 2023: AED 125,000 a yearRenewal, August 2024: AED 125,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Spring Tower, and where 723 sits

All 11 3-beds →

Over the last 12 months three-beds sold for AED 2,350,000, around AED 811 per sqft, and rent for AED 75,000 to 160,000 a year. 723's AED 125,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
11 Aug 20262,350,000
5 May 20262,350,000
14 Feb 20252,050,000
22 Mar 20241,950,000
2 3-bed 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

723, Spring Tower in numbers

  • Sold twice: first on 17 June 2013 for AED 1,684,785, last on 7 April 2025 for AED 2,275,000 (AED 675 per sqft).
  • Rented since October 2013 on 12 Ejari contracts, from AED 94,762 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2025 price is 5.5%, before a service charge of about AED 52,100 a year (AED 15.45 per sqft).
  • Three-beds in Spring Tower sold for AED 2,350,000–2,350,000 in the 12 months to November 2026; the building's median across all types is AED 878 per sqft.

Source: Dubai Land Department. Updated 7 April 2025.

Questions about 723, Spring Tower

What did unit 723 last sell for?

AED 2,275,000 on 7 April 2025: AED 675 per sqft for 3,370 sqft. The unit has 2 registered sales; the first was AED 1,684,785 in June 2013.

What is the rent for unit 723?

AED 125,000 a year on the contract renewed on 15 August 2024. The previous contract, from August 2023, was AED 125,000; the unit has been rented since October 2013.

How big is unit 723?

3,370 sqft (313.1 sqm): a three-bedroom apartment on the 7th floor of a 25-storey tower.

What is unit 723 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Spring Tower sold for AED 2,350,000 to 2,350,000 in the last 12 months, around AED 811 per sqft.

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Mortgage on 723, Spring Tower

Starts from the last sale price (AED 2.28M, 7 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,275,000
Deposit, UAE resident (20%)
AED 455,000
Deposit, non-resident (40%)
AED 910,000
Monthly over 25 years at 3.7%
AED 9,308

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