724, Spring Tower
Sold prices and rental history: sold once, by the developer in June 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 724, Spring Tower
What is 724 worth today?
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Source: Dubai Land Department. Updated 15 January 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 3,276 sqft
- Floor
- 7th of 25
- Parking
- P1 11+ P1 10
- Service charge
- AED 50,600 /yr
- Last sold
- AED 1.64M · June 2013
- Building
- Spring Tower
About 724, Spring Tower
724 is a three-bedroom apartment of 3,276 sqft on the 7th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 17 June 2013 for AED 1,637,890, or AED 500 per sqft, in line with the AED 500 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 15 January 2026, is AED 125,000 a year: a gross yield of 7.6% on the 2013 price, before the service charge of about AED 50,600 a year.
Sales and rents for 724 over time
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 724 sits
All 11 3-beds →724 last sold in June 2013 at AED 500 per sqft, in line with what three-beds in Spring Tower were fetching at the time (AED 500). 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. 724's AED 125,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Aug 202611 August 2026 | 2,839 sqft | 2,350,000 | 827 | ||
| 5 May 20265 May 2026 | 2,959 sqft | 2,350,000 | 794 | ||
| 7 Apr 20257 April 2025 | 3,370 sqft | 2,275,000 | 675 | ||
| 14 Feb 202514 February 2025 | 2,855 sqft | 2,050,000 | 718 |
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 | |
| 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, Spring Tower in numbers
- Sold once: by the developer on 17 June 2013 for AED 1,637,890, or AED 500 per sqft.
- Rented since May 2012 on 12 Ejari contracts. The rent fell from AED 90,000 to AED 75,000 in 2021 and recovered to AED 125,000 by January 2026.
- At AED 125,000 a year the gross yield on the 2013 price is 7.6%, before a service charge of about AED 50,600 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 15 January 2026.
Questions about 724, Spring Tower
What did unit 724 last sell for?
AED 1,637,890 on 17 June 2013, sold by the developer: AED 500 per sqft for 3,276 sqft. It is the only registered sale of the unit.
What is the rent for unit 724?
AED 125,000 a year on the contract renewed on 15 January 2026. The previous contract, from January 2026, was AED 125,000; the unit has been rented since May 2012.
How big is unit 724?
3,276 sqft (304.4 sqm): a three-bedroom apartment on the 7th floor of a 25-storey tower.
What is unit 724 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 724, Spring Tower
Starts from the last sale price (AED 1.64M, 17 June 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,637,890
- Deposit, UAE resident (20%)
- AED 327,578
- Deposit, non-resident (40%)
- AED 655,156
- Monthly over 25 years at 3.7%
- AED 6,701
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →