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Studio · 415 sqftSpring Tower, Dubai Silicon Oasis · 1st floor

114, Spring Tower

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 114 · DLD and Ejari recordsUpdated 15 September 2025
Last soldAED 315K24 July 2023
Current rentAED 47K /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 114, Spring Tower

What is 114 worth today?

Last sold for AED 315,000 in 2023

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15 Sep 2025RentedRenewal
AED 47,000/yr12 months · AED 113 per sqft
15 Sep 2024RentedNew contract
AED 47,000/yr12 months · AED 113 per sqft
24 Jul 2023SoldReady
AED 315,000AED 758 per sqft
5 Jun 2021RentedNew contract
AED 21,000/yr12 months · AED 50 per sqft
1 May 2020RentedNew contract
AED 26,000/yr12 months · AED 62 per sqft
1 Oct 2019RentedNew contract
AED 30,000/yr12 months · AED 71 per sqft
18 Nov 2014Sold by developerReady
AED 436,212AED 1,049 per sqft

Source: Dubai Land Department. Updated 15 September 2025.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
1st of 25
Parking
P1 84
Service charge
AED 6,400 /yr
Last sold
AED 315K · July 2023
Building
Spring Tower

About 114, Spring Tower

114 is a studio of 415 sqft on the 1st floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 24 July 2023 for AED 315,000, or AED 758 per sqft, 11% above the AED 681 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 15 September 2025, is AED 47,000 a year: a gross yield of 14.9% on the 2023 price, before the service charge of about AED 6,400 a year.

Sales and rents for 114 over time

Sales
Unit 114, each saleTypical studio in Spring Tower
400K600K20102014201820222026Typical sale price by year: 2010 AED 567,040; 2011 AED 514,342; 2012 AED 429,397; 2013 AED 343,267; 2014 AED 495,000; 2015 AED 517,500; 2016 AED 555,232; 2017 AED 460,000; 2018 AED 406,965; 2019 AED 324,000; 2020 AED 285,000; 2021 AED 280,000; 2022 AED 350,000; 2023 AED 345,000; 2024 AED 371,000; 2025 AED 462,500Sold by developer, November 2014: AED 436,212 (AED 1,049 per sqft)Sold, July 2023: AED 315,000 (AED 758 per sqft)

114 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 114, each contractTypical studio in Spring Tower
20K40K20112015201920232027Typical rent by year: 2011 AED 30,000; 2012 AED 28,000; 2013 AED 30,000; 2014 AED 35,700; 2015 AED 45,000; 2016 AED 49,943; 2017 AED 45,000; 2018 AED 40,000; 2019 AED 33,000; 2020 AED 28,000; 2021 AED 25,000; 2022 AED 29,000; 2023 AED 32,550; 2024 AED 36,000; 2025 AED 42,000; 2026 AED 42,000New contract, October 2019: AED 30,000 a yearNew contract, May 2020: AED 26,000 a yearNew contract, June 2021: AED 21,000 a yearNew contract, September 2024: AED 47,000 a yearRenewal, September 2025: AED 47,000 a year

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

Studios in Spring Tower, and where 114 sits

All 133 studios →

114 last sold in July 2023 at AED 758 per sqft, 11% above what studios in Spring Tower were fetching at the time (AED 681). 114's AED 47,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Jul 2025430,000
21 Jul 2025499,999
30 Jun 2025380,000
24 Jun 2025515,000
0 studio 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 1st floor

All 413 units in Spring Tower
Value
101AED 700K · Oct 2025
1022-bedAED 771K · Aug 2013
105StudioAED 450K · Aug 2020
106StudioAED 570K · Jun 2015
107StudioAED 768K · Jul 2016
1081-bedAED 543K · Jun 2013
110StudioAED 300K · Oct 2020
1–7 of 24

114, Spring Tower in numbers

  • Sold twice: first on 18 November 2014 for AED 436,212, last on 24 July 2023 for AED 315,000 (AED 758 per sqft).
  • Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 30,000 to AED 21,000 in 2021 and recovered to AED 47,000 by September 2025.
  • At AED 47,000 a year the gross yield on the 2023 price is 14.9%, before a service charge of about AED 6,400 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 15 September 2025.

Questions about 114, Spring Tower

What did unit 114 last sell for?

AED 315,000 on 24 July 2023: AED 758 per sqft for 415 sqft. The unit has 2 registered sales; the first was AED 436,212 in November 2014.

What is the rent for unit 114?

AED 47,000 a year on the contract renewed on 15 September 2025. The previous contract, from September 2024, was AED 47,000; the unit has been rented since October 2019.

How big is unit 114?

415 sqft (38.6 sqm): a studio on the 1st floor of a 25-storey tower.

What is unit 114 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 114, Spring Tower

Starts from the last sale price (AED 315K, 24 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 315,000
Deposit, UAE resident (20%)
AED 63,000
Deposit, non-resident (40%)
AED 126,000
Monthly over 25 years at 3.7%
AED 1,289

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