1504, Spring Tower
Sold prices and rental history: sold once, by the developer in June 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1504, Spring Tower
What is 1504 worth today?
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Source: Dubai Land Department. Updated 1 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,281 sqft
- Floor
- 15th of 25
- Parking
- P3 95
- Service charge
- AED 19,800 /yr
- Last sold
- AED 641K · June 2013
- Building
- Spring Tower
About 1504, Spring Tower
1504 is a two-bedroom apartment of 1,281 sqft on the 15th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. The developer sold it on 24 June 2013 for AED 640,585, or AED 500 per sqft, in line with the AED 500 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 50,000 a year: a gross yield of 7.8% on the 2013 price, before the service charge of about AED 19,800 a year.
Sales and rents for 1504 over time
1504 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Spring Tower, and where 1504 sits
All 83 2-beds →1504 last sold in June 2013 at AED 500 per sqft, in line with what two-beds in Spring Tower were fetching at the time (AED 500). Over the last 12 months two-beds sold for AED 1,180,000 to 1,340,000, around AED 873 per sqft, and rent for AED 55,000 to 90,000 a year. 1504's AED 50,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Jul 202518 July 2025 | 1,277 sqft | 1,000,000 | 783 | ||
| 10 Jul 202510 July 2025 | 1,281 sqft | 1,100,000 | 858 | ||
| 30 Apr 202530 April 2025 | 1,378 sqft | 1,100,000 | 798 | ||
| 3 Mar 20253 March 2025 | 1,281 sqft | 935,000 | 729 |
Spring Tower
Building413 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%
Other units on the 15th floor
All 413 units in Spring Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,457 sqft | AED 1.59MAED 1,591,099 · May 2011May 2011 | 80,000 /yr | |
| 1502 | 1,626 sqft | AED 1.34MAED 1,340,000 · Nov 2025November 2025 | 84,000 /yr | ||
| 1503 | Studio | 516 sqft | AED 550KAED 550,000 · Sep 2014September 2014 | 27,000 /yr | |
| 1505 | 1-bed | 698 sqft | AED 490KAED 490,000 · Jun 2018June 2018 | 30,000 /yr | |
| 1506 | 1-bed | 946 sqft | AED 473KAED 473,255 · Jun 2013June 2013 | 44,478 /yr | |
| 1508 | 1-bed | 828 sqft | AED 550KAED 550,000 · Nov 2023November 2023 | 44,100 /yr | |
| 1509 | 1-bed | 828 sqft | AED 904KAED 904,056 · Apr 2011April 2011 | 58,000 /yr | |
| 1510 | 961 sqft | AED 800KAED 800,000 · Sep 2025September 2025 | 60,000 /yr | ||
| 1511 | 1-bed | 946 sqft | AED 865KAED 865,000 · May 2015May 2015 | 56,000 /yr | |
| 1512 | 1-bed | 698 sqft | AED 762KAED 762,336 · Feb 2016February 2016 | 36,500 /yr | |
| 1513 | 2-bed | 1,281 sqft | AED 760KAED 760,000 · Sep 2022September 2022 | 85,000 /yr | |
| 1514 | Studio | 516 sqft | AED 525KAED 525,000 · Jun 2025June 2025 | 56,000 /yr | |
| 1515 | 2-bed | 1,626 sqft | AED 1.78MAED 1,775,636 · Dec 2011December 2011 | 100,000 /yr | |
| 1516 | 2-bed | 1,457 sqft | AED 1.13MAED 1,125,000 · Jul 2024July 2024 | 85,000 /yr |
1504, Spring Tower in numbers
- Sold once: by the developer on 24 June 2013 for AED 640,585, or AED 500 per sqft.
- Rented since April 2012 on 7 Ejari contracts, from AED 56,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2013 price is 7.8%, before a service charge of about AED 19,800 a year (AED 15.45 per sqft).
- Two-beds in Spring Tower sold for AED 1,180,000–1,340,000 in the 12 months to November 2026; the building's median across all types is AED 867 per sqft.
Source: Dubai Land Department. Updated 1 May 2024.
Questions about 1504, Spring Tower
What did unit 1504 last sell for?
AED 640,585 on 24 June 2013, sold by the developer: AED 500 per sqft for 1,281 sqft. It is the only registered sale of the unit.
What is the rent for unit 1504?
AED 50,000 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 50,000; the unit has been rented since April 2012.
How big is unit 1504?
1,281 sqft (119.0 sqm): a two-bedroom apartment on the 15th floor of a 25-storey tower.
What is unit 1504 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Spring Tower sold for AED 1,180,000 to 1,340,000 in the last 12 months, around AED 873 per sqft.
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Mortgage on 1504, Spring Tower
Starts from the last sale price (AED 641K, 24 June 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 640,585
- Deposit, UAE resident (20%)
- AED 128,117
- Deposit, non-resident (40%)
- AED 256,234
- Monthly over 25 years at 3.7%
- AED 2,621
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →