Home
Dubai prices
About
Research
1-bed · 886 sqftSpring Tower, Dubai Silicon Oasis · 11th floor

1116, Spring Tower

Sold prices and rental history: sold twice, last in April 2015, and rented once, from February 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1116 · DLD and Ejari recordsUpdated 28 April 2015
Last soldAED 820K28 April 2015
Current rentAED 45K /yr28 February 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1116

Property timeline for 1116, Spring Tower

What is 1116 worth today?

Last sold for AED 820,000 in 2015

Unlock today's estimate, updated daily, with

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

28 Apr 2015SoldReady
AED 820,000AED 925 per sqft
19 Aug 2013Sold by developerReady
AED 549,190AED 620 per sqft
28 Feb 2013RentedNew contract
AED 45,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 28 April 2015.

Key facts

Type
1-bed apartment
Size
886 sqft
Floor
11th of 25
Parking
P5 54
Service charge
AED 13,700 /yr
Last sold
AED 820K · April 2015
Building
Spring Tower

About 1116, Spring Tower

1116 is a one-bedroom apartment of 886 sqft on the 11th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 28 April 2015 for AED 820,000, or AED 925 per sqft, 11% below the AED 1,042 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 February 2013. The current contract, signed on 28 February 2013, is AED 45,000 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 13,700 a year.

Sales and rents for 1116 over time

Sales
Unit 1116, each saleTypical one-bed in Spring Tower
500K750K1M2010201520202025Typical sale price by year: 2010 AED 938,478; 2011 AED 916,474; 2012 AED 413,945; 2013 AED 565,095; 2014 AED 758,147; 2015 AED 820,000; 2016 AED 820,633; 2017 AED 650,000; 2018 AED 655,000; 2019 AED 610,000; 2020 AED 395,000; 2021 AED 400,000; 2022 AED 440,000; 2023 AED 525,000; 2024 AED 580,000; 2025 AED 750,000; 2026 AED 712,500Sold by developer, August 2013: AED 549,190 (AED 620 per sqft)Sold, April 2015: AED 820,000 (AED 925 per sqft)

1116 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1116, each contractTypical one-bed in Spring Tower
40K60K20112015201920232027Typical rent by year: 2011 AED 42,000; 2012 AED 41,000; 2013 AED 43,525; 2014 AED 51,000; 2015 AED 62,950; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 54,000; 2019 AED 48,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 39,300; 2023 AED 43,000; 2024 AED 45,703; 2025 AED 50,000; 2026 AED 62,000New contract, February 2013: AED 45,000 a year

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 1116 sits

All 163 1-beds →

1116 last sold in April 2015 at AED 925 per sqft, 11% below what one-beds in Spring Tower were fetching at the time (AED 1,042). Over the last 12 months one-beds sold for AED 710,000 to 780,000, around AED 885 per sqft, and rent for AED 42,400 to 75,000 a year. 1116's AED 45,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Feb 2026755,000
5 Feb 2026710,000
30 Jan 2026715,000
27 Jan 2026710,000
8 1-bed sales in the last 12 months

Spring Tower

Building

413 apartments, studios to 4-bed over 25 floors in Dubai Silicon Oasis. 12 sold in the last 12 months.

Typical price per sqft
AED 867 Up 4.2%
Typical sale
AED 775K
Typical rent
AED 59K /yr
Typical yield
8.1%
Spring Tower, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 11th floor

All 413 units in Spring Tower
Value
11013-bedAED 1.63M · Jul 2023
11023-bedAED 1.95M · Mar 2024
11031-bedAED 725K · Aug 2024
11042-bedAED 1.05M · Dec 2024
11051-bedAED 766K · May 2016
11062-bedAED 1.19M · Jan 2014
11071-bedAED 583K · Jun 2013
1–7 of 14

1116, Spring Tower in numbers

  • Sold twice: first on 19 August 2013 for AED 549,190, last on 28 April 2015 for AED 820,000 (AED 925 per sqft).
  • Rented since February 2013 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2015 price is 5.5%, before a service charge of about AED 13,700 a year (AED 15.45 per sqft).
  • One-beds in Spring Tower sold for AED 710,000–780,000 in the 12 months to November 2026; the building's median across all types is AED 867 per sqft.

Source: Dubai Land Department. Updated 28 April 2015.

Questions about 1116, Spring Tower

What did unit 1116 last sell for?

AED 820,000 on 28 April 2015: AED 925 per sqft for 886 sqft. The unit has 2 registered sales; the first was AED 549,190 in August 2013.

What is the rent for unit 1116?

AED 45,000 a year on the contract signed on 28 February 2013.

How big is unit 1116?

886 sqft (82.3 sqm): a one-bedroom apartment on the 11th floor of a 25-storey tower.

What is unit 1116 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 780,000 in the last 12 months, around AED 885 per sqft.

Selling 1116? 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 1116, Spring Tower

Starts from the last sale price (AED 820K, 28 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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