1601, Spring Tower
Sold prices and rental history: sold twice, last in August 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, Spring Tower
What is 1601 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,209 sqft
- Floor
- 16th of 25
- Parking
- P4 97
- Service charge
- AED 18,700 /yr
- Last sold
- AED 665K · August 2016
- Building
- Spring Tower
About 1601, Spring Tower
1601 is a two-bedroom apartment of 1,209 sqft on the 16th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 4 August 2016 for AED 664,785, or AED 550 per sqft, 50% below the AED 1,104 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 5 May 2024, is AED 78,000 a year: a gross yield of 11.7% on the 2016 price, before the service charge of about AED 18,700 a year.
Sales and rents for 1601 over time
1601 has sold twice; 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 1601 sits
All 83 2-beds →1601 last sold in August 2016 at AED 550 per sqft, 50% below what two-beds in Spring Tower were fetching at the time (AED 1,104). 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. 1601's AED 78,000 is in the upper half 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 16th floor
All 413 units in Spring Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 2-bed | 1,378 sqft | AED 1.4MAED 1,400,000 · Mar 2014March 2014 | 63,000 /yr | |
| 1603 | Studio | 516 sqft | AED 335KAED 335,270 · Jul 2013July 2013 | 36,000 /yr | |
| 1604 | 2-bed | 1,281 sqft | AED 641KAED 640,585 · Jun 2013June 2013 | 66,150 /yr | |
| 1605 | 1-bed | 698 sqft | AED 764KAED 764,430 · Nov 2010November 2010 | 52,000 /yr | |
| 1606 | 1-bed | 765 sqft | AED 755KAED 755,000 · Feb 2026February 2026 | 46,200 /yr | |
| 1607 | 1-bed | 861 sqft | AED 942KAED 942,423 · Sep 2013September 2013 | 42,000 /yr | |
| 1608 | 1-bed | 828 sqft | AED 907KAED 906,540 · Sep 2013September 2013 | 42,400 /yr | |
| 1609 | 1-bed | 828 sqft | AED 907KAED 906,540 · Sep 2013September 2013 | 44,700 /yr | |
| 1610 | 1-bed | 961 sqft | AED 1.05MAED 1,051,966 · Sep 2013September 2013 | 45,000 /yr | |
| 1611 | 1-bed | 765 sqft | AED 700KAED 700,000 · Dec 2025December 2025 | 62,000 /yr | |
| 1612 | 1-bed | 698 sqft | AED 490KAED 490,000 · Oct 2018October 2018 | 40,000 /yr | |
| 1613 | 2-bed | 1,281 sqft | AED 641KAED 640,585 · Jun 2013June 2013 | 65,000 /yr | |
| 1614 | Studio | 516 sqft | AED 350KAED 350,000 · Oct 2022October 2022 | 40,000 /yr | |
| 1615 | 2-bed | 1,378 sqft | AED 1.34MAED 1,335,000 · Mar 2015March 2015 | 72,000 /yr | |
| 1616 | 2-bed | 1,209 sqft | AED 370KAED 370,000 · Jul 2019July 2019 | 67,100 /yr |
1601, Spring Tower in numbers
- Sold twice: first on 22 August 2010 for AED 1,323,526, last on 4 August 2016 for AED 664,785 (AED 550 per sqft).
- Rented since June 2015 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 51,000 in 2020 and recovered to AED 78,000 by May 2024.
- At AED 78,000 a year the gross yield on the 2016 price is 11.7%, before a service charge of about AED 18,700 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 5 May 2024.
Questions about 1601, Spring Tower
What did unit 1601 last sell for?
AED 664,785 on 4 August 2016: AED 550 per sqft for 1,209 sqft. The unit has 2 registered sales; the first was AED 1,323,526 in August 2010.
What is the rent for unit 1601?
AED 78,000 a year on the contract signed on 5 May 2024. The previous contract, from March 2023, was AED 62,179; the unit has been rented since June 2015.
How big is unit 1601?
1,209 sqft (112.3 sqm): a two-bedroom apartment on the 16th floor of a 25-storey tower.
What is unit 1601 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.
Selling 1601? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1601, Spring Tower
Starts from the last sale price (AED 665K, 4 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 664,785
- Deposit, UAE resident (20%)
- AED 132,957
- Deposit, non-resident (40%)
- AED 265,914
- Monthly over 25 years at 3.7%
- AED 2,720
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →