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2-bed · 1,281 sqftSpring Tower, Dubai Silicon Oasis · 15th floor

1513, Spring Tower

Sold prices and rental history: sold twice, last in September 2022, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1513 · DLD and Ejari recordsUpdated 16 September 2022
Last soldAED 760K16 September 2022
Current rentAED 85K /yr15 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1513, Spring Tower

What is 1513 worth today?

Last sold for AED 760,000 in 2022

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16 Sep 2022SoldReady
AED 760,000AED 593 per sqft
15 Aug 2015RentedNew contract
AED 85,000/yr12 months · AED 66 per sqft
15 Aug 2013RentedNew contract
AED 85,000/yr12 months · AED 66 per sqft
10 Jun 2012Sold by developerReady
AED 1,399,038AED 1,092 per sqft

Source: Dubai Land Department. Updated 16 September 2022.

Key facts

Type
2-bed apartment
Size
1,281 sqft
Floor
15th of 25
Parking
P3 70
Service charge
AED 19,800 /yr
Last sold
AED 760K · September 2022
Building
Spring Tower

About 1513, Spring Tower

1513 is a two-bedroom apartment of 1,281 sqft on the 15th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 16 September 2022 for AED 760,000, or AED 593 per sqft, 5% above the AED 567 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 15 August 2015, is AED 85,000 a year: a gross yield of 11.2% on the 2022 price, before the service charge of about AED 19,800 a year.

Sales and rents for 1513 over time

Sales
Unit 1513, each saleTypical two-bed in Spring Tower
1M1.5M20102014201820222026Typical sale price by year: 2010 AED 1,386,207; 2011 AED 1,498,555; 2012 AED 727,543; 2013 AED 816,440; 2014 AED 1,350,000; 2015 AED 1,334,405; 2016 AED 1,300,000; 2021 AED 700,000; 2022 AED 765,000; 2023 AED 897,500; 2024 AED 1,050,000; 2025 AED 1,050,000Sold by developer, June 2012: AED 1,399,038 (AED 1,092 per sqft)Sold, September 2022: AED 760,000 (AED 593 per sqft)

1513 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1513, each contractTypical two-bed in Spring Tower
60K80K100K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 69,000; 2014 AED 80,000; 2015 AED 90,000; 2016 AED 95,000; 2017 AED 85,000; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 65,000; 2021 AED 58,000; 2022 AED 62,300; 2023 AED 65,000; 2024 AED 71,750; 2025 AED 75,500; 2026 AED 70,000New contract, August 2013: AED 85,000 a yearNew contract, August 2015: AED 85,000 a year

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 1513 sits

All 83 2-beds →

1513 last sold in September 2022 at AED 593 per sqft, 5% above what two-beds in Spring Tower were fetching at the time (AED 567). 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. 1513's AED 85,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Jul 20251,000,000
10 Jul 20251,100,000
30 Apr 20251,100,000
3 Mar 2025935,000
2 2-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 15th floor

All 413 units in Spring Tower
Value
15012-bedAED 1.59M · May 2011
1502AED 1.34M · Nov 2025
1503StudioAED 550K · Sep 2014
15042-bedAED 641K · Jun 2013
15051-bedAED 490K · Jun 2018
15061-bedAED 473K · Jun 2013
15081-bedAED 550K · Nov 2023
1–7 of 14

1513, Spring Tower in numbers

  • Sold twice: first on 10 June 2012 for AED 1,399,038, last on 16 September 2022 for AED 760,000 (AED 593 per sqft).
  • Rented since August 2013 on 2 Ejari contracts, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 11.2%, 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 16 September 2022.

Questions about 1513, Spring Tower

What did unit 1513 last sell for?

AED 760,000 on 16 September 2022: AED 593 per sqft for 1,281 sqft. The unit has 2 registered sales; the first was AED 1,399,038 in June 2012.

What is the rent for unit 1513?

AED 85,000 a year on the contract signed on 15 August 2015. The previous contract, from August 2013, was AED 85,000.

How big is unit 1513?

1,281 sqft (119.0 sqm): a two-bedroom apartment on the 15th floor of a 25-storey tower.

What is unit 1513 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 1513, Spring Tower

Starts from the last sale price (AED 760K, 16 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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