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Studio · 641 sqftSpring Tower, Dubai Silicon Oasis · 3rd floor

324, Spring Tower

Sold prices and rental history: sold twice, last in November 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 324 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 520K1 November 2015
Current rentAED 40K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 324, Spring Tower

What is 324 worth today?

Last sold for AED 520,000 in 2015

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1 Sep 2025RentedRenewal
AED 40,000/yr12 months · AED 62 per sqft
1 Sep 2023RentedNew contract
AED 36,000/yr12 months · AED 56 per sqft
7 Aug 2018RentedRenewal · flagged as an outlier
AED 7,500/yr48 months · AED 12 per sqft
7 Aug 2017RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
1 Nov 2015SoldReady
AED 520,000AED 810 per sqft
6 Oct 2014RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
5 Sep 2012RentedNew contract
AED 38,000/yr12 months · AED 59 per sqft
9 Nov 2010Sold by developerReady
AED 677,223AED 1,055 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
Studio apartment
Size
641 sqft
Floor
3rd of 25
Parking
P3 81
Service charge
AED 9,900 /yr
Last sold
AED 520K · November 2015
Building
Spring Tower

About 324, Spring Tower

324 is a studio of 641 sqft on the 3rd floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 1 November 2015 for AED 520,000, or AED 810 per sqft, 21% below the AED 1,022 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 40,000 a year: a gross yield of 7.7% on the 2015 price, before the service charge of about AED 9,900 a year.

Sales and rents for 324 over time

Sales
Unit 324, 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 2010: AED 677,223 (AED 1,055 per sqft)Sold, November 2015: AED 520,000 (AED 810 per sqft)

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

Rents
Unit 324, 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 38,000 a yearNew contract, October 2014: AED 50,000 a yearNew contract, August 2017: AED 50,000 a yearNew contract, September 2023: AED 36,000 a yearRenewal, September 2025: AED 40,000 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 324 sits

All 133 studios →

324 last sold in November 2015 at AED 810 per sqft, 21% below what studios in Spring Tower were fetching at the time (AED 1,022). 324's AED 40,000 is in the lower half 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

324, Spring Tower in numbers

  • Sold twice: first on 9 November 2010 for AED 677,223, last on 1 November 2015 for AED 520,000 (AED 810 per sqft).
  • Rented since September 2012 on 6 Ejari contracts. The rent fell from AED 38,000 to AED 7,500 in 2018 and recovered to AED 40,000 by September 2025.
  • At AED 40,000 a year the gross yield on the 2015 price is 7.7%, before a service charge of about AED 9,900 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 1 September 2025.

Questions about 324, Spring Tower

What did unit 324 last sell for?

AED 520,000 on 1 November 2015: AED 810 per sqft for 641 sqft. The unit has 2 registered sales; the first was AED 677,223 in November 2010.

What is the rent for unit 324?

AED 40,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2023, was AED 36,000; the unit has been rented since September 2012.

How big is unit 324?

641 sqft (59.6 sqm): a studio on the 3rd floor of a 25-storey tower.

What is unit 324 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 324, Spring Tower

Starts from the last sale price (AED 520K, 1 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

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