3-bed · 2,855 sqftSpring Tower, Dubai Silicon Oasis · 13th floor

1317, Spring Tower

Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1317 · DLD and Ejari recordsUpdated 5 September 2022
Last soldAED 1.07M22 September 2013
Current rentAED 120K /yr5 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1317, Spring Tower

What is 1317 worth today?

Last sold for AED 1,070,610 in 2013

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5 Sep 2022RentedRenewal
AED 120,000/yr12 months · AED 42 per sqft
5 Sep 2021RentedRenewal
AED 120,000/yr12 months · AED 42 per sqft
5 Sep 2020RentedRenewal
AED 120,000/yr12 months · AED 42 per sqft
5 Sep 2018RentedRenewal
AED 90,000/yr12 months · AED 32 per sqft
5 Sep 2017RentedRenewal
AED 90,000/yr12 months · AED 32 per sqft
5 Sep 2014RentedNew contract
AED 90,000/yr12 months · AED 32 per sqft
22 Sep 2013Sold by developerReady
AED 1,070,610AED 375 per sqft
5 Sep 2013RentedNew contract
AED 90,000/yr12 months · AED 32 per sqft

Source: Dubai Land Department. Updated 5 September 2022.

Key facts

Type
3-bed apartment
Size
2,855 sqft
Floor
13th of 25
Parking
P2 10+ P2 11
Service charge
AED 44,100 /yr
Last sold
AED 1.07M · September 2013
Building
Spring Tower

About 1317, Spring Tower

1317 is a three-bedroom apartment of 2,855 sqft on the 13th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 22 September 2013 for AED 1,070,610, or AED 375 per sqft, 25% below the AED 500 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 5 September 2022, is AED 120,000 a year: a gross yield of 11.2% on the 2013 price, before the service charge of about AED 44,100 a year.

Sales and rents for 1317 over time

Rents
Unit 1317, each contractTypical three-bed in Spring Tower
100K150K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 102,500; 2014 AED 110,000; 2015 AED 152,250; 2016 AED 157,500; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 121,000; 2020 AED 107,500; 2021 AED 100,000; 2022 AED 100,000; 2023 AED 115,000; 2024 AED 110,250; 2025 AED 117,500New contract, September 2013: AED 90,000 a yearNew contract, September 2014: AED 90,000 a yearRenewal, September 2017: AED 90,000 a yearRenewal, September 2018: AED 90,000 a yearRenewal, September 2020: AED 120,000 a yearRenewal, September 2021: AED 120,000 a yearRenewal, September 2022: AED 120,000 a year

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 1317 sits

All 11 3-beds →

1317 last sold in September 2013 at AED 375 per sqft, 25% below what three-beds in Spring Tower were fetching at the time (AED 500).

Recent 3-bed salesUnit no.Price (AED)Summary
7 Apr 20252,275,000
14 Feb 20252,050,000
22 Mar 20241,950,000
25 Jul 20231,625,000
0 3-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 13th floor

All 413 units in Spring Tower
Value
13023-bedAED 2.05M · Feb 2025
13031-bedAED 705K · May 2018
13041-bedAED 429K · Jul 2016
13051-bedAED 720K · Jan 2017
13061-bedAED 758K · Dec 2011
13071-bedAED 604K · Nov 2013
13081-bedAED 710K · Jan 2026
1–7 of 14

1317, Spring Tower in numbers

  • Sold once: by the developer on 22 September 2013 for AED 1,070,610, or AED 375 per sqft.
  • Rented since September 2013 on 7 Ejari contracts, from AED 90,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2013 price is 11.2%, before a service charge of about AED 44,100 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 5 September 2022.

Questions about 1317, Spring Tower

What did unit 1317 last sell for?

AED 1,070,610 on 22 September 2013, sold by the developer: AED 375 per sqft for 2,855 sqft. It is the only registered sale of the unit.

What is the rent for unit 1317?

AED 120,000 a year on the contract renewed on 5 September 2022. The previous contract, from September 2021, was AED 120,000; the unit has been rented since September 2013.

How big is unit 1317?

2,855 sqft (265.2 sqm): a three-bedroom apartment on the 13th floor of a 25-storey tower.

What is unit 1317 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 1317, Spring Tower

Starts from the last sale price (AED 1.07M, 22 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,610
Deposit, UAE resident (20%)
AED 214,122
Deposit, non-resident (40%)
AED 428,244
Monthly over 25 years at 3.7%
AED 4,380

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