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Studio · 534 sqftSpring Tower, Dubai Silicon Oasis · 3rd floor

309, Spring Tower

Sold prices and rental history: sold twice, last in May 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 25 April 2025
Last soldAED 565K21 May 2014
Current rentAED 33K /yr25 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 309, Spring Tower

What is 309 worth today?

Last sold for AED 565,000 in 2014

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25 Apr 2025RentedRenewal
AED 33,000/yr12 months · AED 62 per sqft
25 Apr 2024RentedRenewal
AED 31,500/yr12 months · AED 59 per sqft
25 Apr 2023RentedRenewal
AED 30,000/yr12 months · AED 56 per sqft
25 Apr 2022RentedRenewal
AED 29,000/yr12 months · AED 54 per sqft
25 Apr 2021RentedRenewal
AED 27,000/yr12 months · AED 51 per sqft
25 Apr 2020RentedRenewal
AED 27,500/yr12 months · AED 52 per sqft
15 Oct 2016RentedNew contract
AED 52,000/yr12 months · AED 97 per sqft
21 May 2014SoldReady
AED 565,000AED 1,058 per sqft

Source: Dubai Land Department. Updated 25 April 2025.

Key facts

Type
Studio apartment
Size
534 sqft
Floor
3rd of 25
Parking
P3 41
Service charge
AED 8,200 /yr
Last sold
AED 565K · May 2014
Building
Spring Tower

About 309, Spring Tower

309 is a studio of 534 sqft on the 3rd floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 21 May 2014 for AED 565,000, or AED 1,058 per sqft, 57% above the AED 674 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 25 April 2025, is AED 33,000 a year: a gross yield of 5.8% on the 2014 price, before the service charge of about AED 8,200 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical studio in Spring Tower
400K600K20102014201820222026Typical sale price by year: 2010 AED 567,040; 2011 AED 514,342; 2012 AED 429,397; 2013 AED 343,267; 2014 AED 495,000; 2015 AED 517,500; 2016 AED 555,232; 2017 AED 460,000; 2018 AED 406,965; 2019 AED 324,000; 2020 AED 285,000; 2021 AED 280,000; 2022 AED 350,000; 2023 AED 345,000; 2024 AED 371,000; 2025 AED 462,500Sold by developer, November 2013: AED 344,353 (AED 644 per sqft)Sold, May 2014: AED 565,000 (AED 1,058 per sqft)

309 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 309, each contractTypical studio in Spring Tower
40K20112015201920232027Typical rent by year: 2011 AED 30,000; 2012 AED 28,000; 2013 AED 30,000; 2014 AED 35,700; 2015 AED 45,000; 2016 AED 49,943; 2017 AED 45,000; 2018 AED 40,000; 2019 AED 33,000; 2020 AED 28,000; 2021 AED 25,000; 2022 AED 29,000; 2023 AED 32,550; 2024 AED 36,000; 2025 AED 42,000; 2026 AED 42,000New contract, September 2012: AED 30,000 a yearNew contract, September 2013: AED 32,000 a yearNew contract, October 2016: AED 52,000 a yearRenewal, April 2020: AED 27,500 a yearRenewal, April 2021: AED 27,000 a yearRenewal, April 2022: AED 29,000 a yearRenewal, April 2023: AED 30,000 a yearRenewal, April 2024: AED 31,500 a yearRenewal, April 2025: AED 33,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Spring Tower, and where 309 sits

All 133 studios →

309 last sold in May 2014 at AED 1,058 per sqft, 57% above what studios in Spring Tower were fetching at the time (AED 674). 309's AED 33,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Jul 2025430,000
21 Jul 2025499,999
30 Jun 2025380,000
24 Jun 2025515,000
0 studio 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 3rd floor

All 413 units in Spring Tower
Value
3011-bedAED 425K · May 2014
3022-bedAED 1.14M · Jan 2016
303StudioAED 255K · Oct 2020
304StudioAED 480K · Aug 2024
305StudioAED 352K · Oct 2024
306StudioAED 146K · Nov 2023
307StudioAED 803K · Jun 2016
1–7 of 27

309, Spring Tower in numbers

  • Sold twice: first on 20 November 2013 for AED 344,353, last on 21 May 2014 for AED 565,000 (AED 1,058 per sqft).
  • Rented since September 2012 on 9 Ejari contracts, from AED 30,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2014 price is 5.8%, before a service charge of about AED 8,200 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 25 April 2025.

Questions about 309, Spring Tower

What did unit 309 last sell for?

AED 565,000 on 21 May 2014: AED 1,058 per sqft for 534 sqft. The unit has 2 registered sales; the first was AED 344,353 in November 2013.

What is the rent for unit 309?

AED 33,000 a year on the contract renewed on 25 April 2025. The previous contract, from April 2024, was AED 31,500; the unit has been rented since September 2012.

How big is unit 309?

534 sqft (49.6 sqm): a studio on the 3rd floor of a 25-storey tower.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 309, Spring Tower

Starts from the last sale price (AED 565K, 21 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 565,000
Deposit, UAE resident (20%)
AED 113,000
Deposit, non-resident (40%)
AED 226,000
Monthly over 25 years at 3.7%
AED 2,312

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