916, Spring Tower
Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 916, Spring Tower
What is 916 worth today?
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Source: Dubai Land Department. Updated 7 November 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 722 sqft
- Floor
- 9th of 25
- Parking
- P3 58
- Service charge
- AED 11,200 /yr
- Last sold
- AED 776K · June 2011
- Building
- Spring Tower
About 916, Spring Tower
916 is a one-bedroom apartment of 722 sqft on the 9th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 8 June 2011 for AED 775,965, or AED 1,074 per sqft, in line with the AED 1,085 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 7 November 2021, is AED 34,000 a year: a gross yield of 4.4% on the 2011 price, before the service charge of about AED 11,200 a year.
Sales and rents for 916 over time
916 has sold once; 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 916 sits
All 173 1-beds →916 last sold in June 2011 at AED 1,074 per sqft, in line with what one-beds in Spring Tower were fetching at the time (AED 1,085). 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. 916's AED 34,000 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 9th floor
All 413 units in Spring Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 3-bed | 2,959 sqft | AED 2.35MAED 2,350,000 · May 2026May 2026 | 105,000 /yr | |
| 902 | 3-bed | 2,959 sqft | AED 2.58MAED 2,575,000 · Jun 2015June 2015 | 125,000 /yr | |
| 903 | 1-bed | 723 sqft | AED 582KAED 581,644 · Jul 2014July 2014 | 58,000 /yr | |
| 904 | 2-bed | 1,297 sqft | AED 1.24MAED 1,240,000 · Apr 2014April 2014 | 67,142 /yr | |
| 906 | 2-bed | 1,286 sqft | AED 771KAED 771,456 · Aug 2013August 2013 | 87,000 /yr | |
| 908 | 1-bed | 868 sqft | AED 933KAED 932,586 · Apr 2011April 2011 | 47,250 /yr | |
| 911 | 2-bed | 1,538 sqft | AED 700KAED 700,000 · Aug 2021August 2021 | 60,000 /yr | |
| 912 | 1-bed | 967 sqft | AED 478KAED 478,000 · Nov 2021November 2021 | 53,000 /yr | |
| 913 | 2-bed | 1,273 sqft | AED 1.37MAED 1,367,180 · Jun 2011June 2011 | 75,000 /yr | |
| 914 | 2-bed | 1,324 sqft | AED 1.42MAED 1,421,879 · Jun 2015June 2015 | 75,000 /yr | |
| 915 | 2-bed | 1,296 sqft | AED 563KAED 562,500 · Sep 2016September 2016 | 95,000 /yr |
916, Spring Tower in numbers
- Sold once: by the developer on 8 June 2011 for AED 775,965, or AED 1,074 per sqft.
- Rented since December 2013 on 6 Ejari contracts. The rent fell from AED 43,000 to AED 30,000 in 2020 and recovered to AED 34,000 by November 2021.
- At AED 34,000 a year the gross yield on the 2011 price is 4.4%, before a service charge of about AED 11,200 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 7 November 2021.
Questions about 916, Spring Tower
What did unit 916 last sell for?
AED 775,965 on 8 June 2011, sold by the developer: AED 1,074 per sqft for 722 sqft. It is the only registered sale of the unit.
What is the rent for unit 916?
AED 34,000 a year on the contract signed on 7 November 2021. The previous contract, from October 2020, was AED 32,000; the unit has been rented since December 2013.
How big is unit 916?
722 sqft (67.1 sqm): a one-bedroom apartment on the 9th floor of a 25-storey tower.
What is unit 916 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 916, Spring Tower
Starts from the last sale price (AED 776K, 8 June 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 775,965
- Deposit, UAE resident (20%)
- AED 155,193
- Deposit, non-resident (40%)
- AED 310,386
- Monthly over 25 years at 3.7%
- AED 3,175
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →