2-bed · 1,122 sqftSpring Tower, Dubai Silicon Oasis · 8th floor

813, Spring Tower

Sold prices and rental history: sold once, by the developer in November 2010, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 813 · DLD and Ejari recordsUpdated 13 July 2018
Last soldAED 1.2M9 November 2010
Current rentAED 81K /yr13 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 813, Spring Tower

What is 813 worth today?

Last sold for AED 1,202,112 in 2010

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13 Jul 2018RentedRenewal
AED 80,750/yr12 months · AED 72 per sqft
13 Jul 2017RentedNew contract
AED 85,000/yr12 months · AED 76 per sqft
20 Apr 2015RentedNew contract
AED 110,000/yr12 months · AED 98 per sqft
9 Nov 2010Sold by developerReady
AED 1,202,112AED 1,070 per sqft

Source: Dubai Land Department. Updated 13 July 2018.

Key facts

Type
2-bed apartment
Size
1,122 sqft
Floor
8th of 25
Parking
P2 76
Service charge
AED 17,300 /yr
Last sold
AED 1.2M · November 2010
Building
Spring Tower

About 813, Spring Tower

813 is a two-bedroom apartment of 1,122 sqft on the 8th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 9 November 2010 for AED 1,202,112, or AED 1,070 per sqft, in line with the AED 1,095 two-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 13 July 2018, is AED 80,750 a year: a gross yield of 6.7% on the 2010 price, before the service charge of about AED 17,300 a year.

Sales and rents for 813 over time

Sales
Unit 813, each saleTypical two-bed in Spring Tower
1M1.5M2010201520202025Typical sale price by year: 2010 AED 1,396,466; 2011 AED 1,498,555; 2012 AED 727,543; 2013 AED 816,000; 2014 AED 1,350,000; 2015 AED 1,334,405; 2016 AED 1,300,000; 2021 AED 687,500; 2022 AED 765,000; 2023 AED 897,500; 2024 AED 1,050,000; 2025 AED 1,100,000; 2026 AED 1,100,000Sold by developer, November 2010: AED 1,202,112 (AED 1,070 per sqft)

813 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 813, each contractTypical two-bed in Spring Tower
50K75K100K2012201620202024Typical rent by year: 2012 AED 60,500; 2013 AED 70,000; 2014 AED 80,000; 2015 AED 90,000; 2016 AED 93,750; 2017 AED 85,000; 2018 AED 80,000; 2019 AED 72,000; 2020 AED 65,000; 2021 AED 58,000; 2022 AED 62,185; 2023 AED 65,000; 2024 AED 72,693; 2025 AED 75,000; 2026 AED 80,000New contract, April 2015: AED 110,000 a yearNew contract, July 2017: AED 85,000 a yearRenewal, July 2018: AED 80,750 a year

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 813 sits

All 85 2-beds →

813 last sold in November 2010 at AED 1,070 per sqft, in line with what two-beds in Spring Tower were fetching at the time (AED 1,095). 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. 813's AED 80,750 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Jul 20261,100,000
6 Jul 2026948,830
2 Apr 20261,150,000
21 Nov 20251,340,000
5 2-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 8th floor

All 413 units in Spring Tower
Value
801StudioAED 335K · Jul 2023
8022-bedAED 424K · Dec 2012
8031-bedAED 610K · Oct 2024
8041-bedAED 990K · Aug 2010
8051-bedAED 941K · Apr 2011
8061-bedAED 665K · Jan 2025
8071-bedAED 861K · Jun 2011
1–7 of 17

813, Spring Tower in numbers

  • Sold once: by the developer on 9 November 2010 for AED 1,202,112, or AED 1,070 per sqft.
  • Rented since April 2015 on 3 Ejari contracts, from AED 110,000 to AED 80,750 a year.
  • At AED 80,750 a year the gross yield on the 2010 price is 6.7%, before a service charge of about AED 17,300 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 13 July 2018.

Questions about 813, Spring Tower

What did unit 813 last sell for?

AED 1,202,112 on 9 November 2010, sold by the developer: AED 1,070 per sqft for 1,122 sqft. It is the only registered sale of the unit.

What is the rent for unit 813?

AED 80,750 a year on the contract renewed on 13 July 2018. The previous contract, from July 2017, was AED 85,000; the unit has been rented since April 2015.

How big is unit 813?

1,122 sqft (104.2 sqm): a two-bedroom apartment on the 8th floor of a 25-storey tower.

What is unit 813 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 813, Spring Tower

Starts from the last sale price (AED 1.2M, 9 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,202,112
Deposit, UAE resident (20%)
AED 240,422
Deposit, non-resident (40%)
AED 480,845
Monthly over 25 years at 3.7%
AED 4,918

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