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Studio · 644 sqftSpring Tower, Dubai Silicon Oasis · 4th floor

424, Spring Tower

Sold prices and rental history: sold 3 times, last in April 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 424 · DLD and Ejari recordsUpdated 10 April 2025
Last soldAED 495K10 April 2025
Current rentAED 34K /yr25 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 424, Spring Tower

What is 424 worth today?

Last sold for AED 495,000 in 2025

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10 Apr 2025SoldReady
AED 495,000AED 769 per sqft
25 May 2024RentedRenewal
AED 34,000/yr12 months · AED 53 per sqft
25 May 2023RentedRenewal
AED 31,200/yr12 months · AED 48 per sqft
25 May 2022RentedRenewal
AED 29,700/yr12 months · AED 46 per sqft
25 May 2020RentedNew contract
AED 30,000/yr12 months · AED 46 per sqft
16 Mar 2019RentedNew contract
AED 38,000/yr12 months · AED 59 per sqft
5 Feb 2017RentedNew contract
AED 52,000/yr12 months · AED 81 per sqft
20 Jul 2014RentedNew contract
AED 55,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 10 April 2025.

Key facts

Type
Studio apartment
Size
644 sqft
Floor
4th of 25
Parking
P4 51
Service charge
AED 9,900 /yr
Last sold
AED 495K · April 2025
Building
Spring Tower

About 424, Spring Tower

424 is a studio of 644 sqft on the 4th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 10 April 2025 for AED 495,000, or AED 769 per sqft, in line with the AED 786 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 25 May 2024, is AED 34,000 a year: a gross yield of 6.9% on the 2025 price, before the service charge of about AED 9,900 a year.

Sales and rents for 424 over time

Sales
Unit 424, 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, April 2014: AED 555,000 (AED 862 per sqft)Sold by developer, April 2014: AED 337,730 (AED 524 per sqft)Sold, April 2025: AED 495,000 (AED 769 per sqft)

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

Rents
Unit 424, each contractTypical studio in Spring Tower
20K40K60K20112015201920232027Typical 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, May 2012: AED 27,000 a yearNew contract, July 2014: AED 55,000 a yearNew contract, February 2017: AED 52,000 a yearNew contract, March 2019: AED 38,000 a yearNew contract, May 2020: AED 30,000 a yearRenewal, May 2022: AED 29,700 a yearRenewal, May 2023: AED 31,200 a yearRenewal, May 2024: AED 34,000 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 424 sits

All 133 studios →

424 last sold in April 2025 at AED 769 per sqft, in line with what studios in Spring Tower were fetching at the time (AED 786). 424's AED 34,000 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 4th floor

All 413 units in Spring Tower
Value
4011-bedAED 700K · Jun 2016
403StudioAED 375K · Nov 2023
404StudioAED 500K · Jul 2015
405StudioAED 278K · Apr 2014
406StudioAED 530K · Mar 2014
407StudioAED 550K · Apr 2025
4081-bedAED 923K · May 2016
1–7 of 23

424, Spring Tower in numbers

  • Sold 3 times: first on 1 April 2014 for AED 337,730, last on 10 April 2025 for AED 495,000 (AED 769 per sqft).
  • Rented since May 2012 on 8 Ejari contracts, from AED 27,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2025 price is 6.9%, before a service charge of about AED 9,900 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 10 April 2025.

Questions about 424, Spring Tower

What did unit 424 last sell for?

AED 495,000 on 10 April 2025: AED 769 per sqft for 644 sqft. The unit has 3 registered sales; the first was AED 337,730 in April 2014.

What is the rent for unit 424?

AED 34,000 a year on the contract renewed on 25 May 2024. The previous contract, from May 2023, was AED 31,200; the unit has been rented since May 2012.

How big is unit 424?

644 sqft (59.8 sqm): a studio on the 4th floor of a 25-storey tower.

What is unit 424 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 424, Spring Tower

Starts from the last sale price (AED 495K, 10 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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