1-bed · 828 sqftSpring Tower, Dubai Silicon Oasis · 14th floor

1407, Spring Tower

Sold prices and rental history: sold twice, last in October 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 475K27 October 2019
Current rentAED 68K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Spring Tower

What is 1407 worth today?

Last sold for AED 475,000 in 2019

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15 Dec 2024RentedNew contract
AED 68,000/yr12 months · AED 82 per sqft
28 Mar 2024RentedNew contract
AED 61,189/yr11 months · AED 75 per sqft
5 Mar 2023RentedNew contract
AED 53,000/yr12 months · AED 64 per sqft
27 Oct 2019SoldReady
AED 475,000AED 573 per sqft
27 Jun 2016Sold by developerReady
AED 1,035,185AED 1,250 per sqft
22 Apr 2015RentedNew contract
AED 49,500/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 15 December 2024.

Key facts

Type
1-bed apartment
Size
828 sqft
Floor
14th of 25
Parking
P2 69
Service charge
AED 12,800 /yr
Last sold
AED 475K · October 2019
Building
Spring Tower

About 1407, Spring Tower

1407 is a one-bedroom apartment of 828 sqft on the 14th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 27 October 2019 for AED 475,000, or AED 573 per sqft, 4% above the AED 553 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 15 December 2024, is AED 68,000 a year: a gross yield of 14.3% on the 2019 price, before the service charge of about AED 12,800 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, each saleTypical one-bed in Spring Tower
500K1M2010201520202025Typical 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, June 2016: AED 1,035,185 (AED 1,250 per sqft)Sold, October 2019: AED 475,000 (AED 573 per sqft)

1407 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1407, 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, April 2015: AED 49,500 a yearNew contract, March 2023: AED 53,000 a yearNew contract, March 2024: AED 61,189 a yearNew contract, December 2024: AED 68,000 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 1407 sits

All 163 1-beds →

1407 last sold in October 2019 at AED 573 per sqft, 4% above what one-beds in Spring Tower were fetching at the time (AED 553). 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. 1407's AED 68,000 is in the upper 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 14th floor

All 413 units in Spring Tower
Value
14011-bedAED 825K · Mar 2016
14021-bedAED 590K · Jun 2024
14041-bedAED 540K · Jun 2023
14061-bedAED 520K · Aug 2012
14081-bedAED 740K · Jan 2025
14091-bedAED 495K · Jul 2019
14101-bedAED 720K · May 2018
1–7 of 11

1407, Spring Tower in numbers

  • Sold twice: first on 27 June 2016 for AED 1,035,185, last on 27 October 2019 for AED 475,000 (AED 573 per sqft).
  • Rented since April 2015 on 4 Ejari contracts, from AED 49,500 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2019 price is 14.3%, before a service charge of about AED 12,800 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 15 December 2024.

Questions about 1407, Spring Tower

What did unit 1407 last sell for?

AED 475,000 on 27 October 2019: AED 573 per sqft for 828 sqft. The unit has 2 registered sales; the first was AED 1,035,185 in June 2016.

What is the rent for unit 1407?

AED 68,000 a year on the contract signed on 15 December 2024. The previous contract, from March 2024, was AED 61,189; the unit has been rented since April 2015.

How big is unit 1407?

828 sqft (76.9 sqm): a one-bedroom apartment on the 14th floor of a 25-storey tower.

What is unit 1407 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.

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Mortgage on 1407, Spring Tower

Starts from the last sale price (AED 475K, 27 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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