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Studio · 458 sqftSpring Tower, Dubai Silicon Oasis · 4th floor

403, Spring Tower

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 7 November 2023
Last soldAED 375K7 November 2023
Current rentAED 37K /yr7 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 403, Spring Tower

What is 403 worth today?

Last sold for AED 375,000 in 2023

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7 Nov 2023SoldReady
AED 375,000AED 818 per sqft
7 Nov 2023RentedNew contract
AED 36,824/yr11 months · AED 80 per sqft
7 Oct 2023RentedNew contract
AED 35,000/yr12 months · AED 76 per sqft
2 Oct 2023SoldReady
AED 340,000AED 742 per sqft
5 Jul 2022RentedNew contract
AED 38,000/yr12 months · AED 82 per sqft
1 Oct 2019RentedRenewal
AED 34,000/yr12 months · AED 73 per sqft
1 Oct 2018RentedRenewal
AED 42,000/yr12 months · AED 91 per sqft
1 Oct 2017RentedNew contract
AED 48,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 7 November 2023.

Key facts

Type
Studio apartment
Size
458 sqft
Floor
4th of 25
Parking
P4 89
Service charge
AED 7,100 /yr
Last sold
AED 375K · November 2023
Building
Spring Tower

About 403, Spring Tower

403 is a studio of 458 sqft on the 4th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 7 November 2023 for AED 375,000, or AED 818 per sqft, 14% above the AED 718 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 7 November 2023, is AED 36,824 a year: a gross yield of 9.8% on the 2023 price, before the service charge of about AED 7,100 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, August 2013: AED 283,979 (AED 620 per sqft)Sold, October 2023: AED 340,000 (AED 742 per sqft)Sold, November 2023: AED 375,000 (AED 818 per sqft)

403 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 403, 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, October 2017: AED 48,000 a yearRenewal, October 2018: AED 42,000 a yearRenewal, October 2019: AED 34,000 a yearNew contract, July 2022: AED 38,000 a yearNew contract, October 2023: AED 35,000 a yearNew contract, November 2023: AED 36,824 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 403 sits

All 133 studios →

403 last sold in November 2023 at AED 818 per sqft, 14% above what studios in Spring Tower were fetching at the time (AED 718). 403's AED 36,824 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 4th floor

All 413 units in Spring Tower
Value
4011-bedAED 700K · Jun 2016
404StudioAED 500K · Jul 2015
405StudioAED 278K · Apr 2014
406StudioAED 530K · Mar 2014
407StudioAED 550K · Apr 2025
4081-bedAED 923K · May 2016
409StudioAED 704K · May 2016
1–7 of 23

403, Spring Tower in numbers

  • Sold 3 times: first on 5 August 2013 for AED 283,979, last on 7 November 2023 for AED 375,000 (AED 818 per sqft).
  • Rented since October 2017 on 6 Ejari contracts, from AED 48,000 to AED 36,824 a year.
  • At AED 36,824 a year the gross yield on the 2023 price is 9.8%, before a service charge of about AED 7,100 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 7 November 2023.

Questions about 403, Spring Tower

What did unit 403 last sell for?

AED 375,000 on 7 November 2023: AED 818 per sqft for 458 sqft. The unit has 3 registered sales; the first was AED 283,979 in August 2013.

What is the rent for unit 403?

AED 36,824 a year on the contract signed on 7 November 2023. The previous contract, from October 2023, was AED 35,000; the unit has been rented since October 2017.

How big is unit 403?

458 sqft (42.5 sqm): a studio on the 4th floor of a 25-storey tower.

What is unit 403 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 403, Spring Tower

Starts from the last sale price (AED 375K, 7 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 375,000
Deposit, UAE resident (20%)
AED 75,000
Deposit, non-resident (40%)
AED 150,000
Monthly over 25 years at 3.7%
AED 1,534

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