1-bed · 815 sqftSpring Tower, Dubai Silicon Oasis · 23rd floor

2312, Spring Tower

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2312 · DLD and Ejari recordsUpdated 18 April 2024
Last soldAED 547K18 April 2024
Current rentAED 39K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2312, Spring Tower

What is 2312 worth today?

Last sold for AED 547,000 in 2024

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18 Apr 2024SoldReady
AED 547,000AED 670 per sqft
15 Oct 2023RentedRenewal
AED 38,500/yr12 months · AED 48 per sqft
15 Oct 2021RentedNew contract
AED 33,000/yr12 months · AED 41 per sqft
20 Jul 2020RentedRenewal
AED 45,000/yr12 months · AED 55 per sqft
6 Nov 2019SoldReady
AED 910,120AED 1,116 per sqft
20 Jul 2019RentedRenewal
AED 50,000/yr12 months · AED 61 per sqft
20 Jul 2018RentedNew contract
AED 52,000/yr12 months · AED 64 per sqft
18 Feb 2017RentedRenewal
AED 65,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 18 April 2024.

Key facts

Type
1-bed apartment
Size
815 sqft
Floor
23rd of 25
Parking
P5 6
Service charge
AED 12,600 /yr
Last sold
AED 547K · April 2024
Building
Spring Tower

About 2312, Spring Tower

2312 is a one-bedroom apartment of 815 sqft on the 23rd floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 18 April 2024 for AED 547,000, or AED 670 per sqft, in line with the AED 661 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 15 October 2023, is AED 38,500 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 12,600 a year.

Sales and rents for 2312 over time

Sales
Unit 2312, each saleTypical one-bed in Spring Tower
500K750K1M2010201520202025Typical 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, August 2010: AED 910,120 (AED 1,116 per sqft)Sold, November 2019: AED 910,120 (AED 1,116 per sqft)Sold, April 2024: AED 547,000 (AED 670 per sqft)

2312 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2312, 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, February 2014: AED 65,000 a yearRenewal, February 2016: AED 65,000 a yearRenewal, February 2017: AED 65,000 a yearNew contract, July 2018: AED 52,000 a yearRenewal, July 2019: AED 50,000 a yearRenewal, July 2020: AED 45,000 a yearNew contract, October 2021: AED 33,000 a yearRenewal, October 2023: AED 38,500 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 2312 sits

All 163 1-beds →

2312 last sold in April 2024 at AED 670 per sqft, in line with what one-beds in Spring Tower were fetching at the time (AED 661). 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. 2312's AED 38,500 is at the bottom 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 23rd floor

All 413 units in Spring Tower
Value
23012-bedAED 1.1M · Aug 2024
23022-bedAED 1.05M · Oct 2024
23031-bedAED 750K · May 2014
23042-bedAED 1.22M · Feb 2014
23061-bedAED 720K · Apr 2025
23071-bedAED 854K · Sep 2013
23081-bedAED 854K · Sep 2013
1–7 of 12

2312, Spring Tower in numbers

  • Sold 3 times: first on 23 August 2010 for AED 910,120, last on 18 April 2024 for AED 547,000 (AED 670 per sqft).
  • Rented since February 2014 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 33,000 in 2021 and recovered to AED 38,500 by October 2023.
  • At AED 38,500 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 12,600 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 18 April 2024.

Questions about 2312, Spring Tower

What did unit 2312 last sell for?

AED 547,000 on 18 April 2024: AED 670 per sqft for 815 sqft. The unit has 3 registered sales; the first was AED 910,120 in August 2010.

What is the rent for unit 2312?

AED 38,500 a year on the contract renewed on 15 October 2023. The previous contract, from October 2021, was AED 33,000; the unit has been rented since February 2014.

How big is unit 2312?

815 sqft (75.7 sqm): a one-bedroom apartment on the 23rd floor of a 25-storey tower.

What is unit 2312 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 2312, Spring Tower

Starts from the last sale price (AED 547K, 18 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 547,000
Deposit, UAE resident (20%)
AED 109,400
Deposit, non-resident (40%)
AED 218,800
Monthly over 25 years at 3.7%
AED 2,238

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