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Studio · 463 sqftSpring Tower, Dubai Silicon Oasis · 4th floor

427, Spring Tower

Sold prices and rental history: sold twice, last in June 2015, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 427 · DLD and Ejari recordsUpdated 18 February 2025
Last soldAED 515K1 June 2015
Current rentAED 62K /yr18 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 427, Spring Tower

What is 427 worth today?

Last sold for AED 515,000 in 2015

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18 Feb 2025RentedNew contract
AED 62,400/yr12 months · AED 135 per sqft
1 Jun 2015SoldReady
AED 515,000AED 1,111 per sqft
5 May 2015Sold by developerReady
AED 490,677AED 1,058 per sqft
2 Mar 2014RentedNew contract
AED 30,800/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 18 February 2025.

Key facts

Type
Studio apartment
Size
463 sqft
Floor
4th of 25
Parking
P4 48
Service charge
AED 7,200 /yr
Last sold
AED 515K · June 2015
Building
Spring Tower

About 427, Spring Tower

427 is a studio of 463 sqft on the 4th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 1 June 2015 for AED 515,000, or AED 1,111 per sqft, 10% above the AED 1,013 studios in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 18 February 2025, is AED 62,400 a year: a gross yield of 12.1% on the 2015 price, before the service charge of about AED 7,200 a year.

Sales and rents for 427 over time

Sales
Unit 427, 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, May 2015: AED 490,677 (AED 1,058 per sqft)Sold, June 2015: AED 515,000 (AED 1,111 per sqft)

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

Rents
Unit 427, 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, March 2014: AED 30,800 a yearNew contract, February 2025: AED 62,400 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 427 sits

All 133 studios →

427 last sold in June 2015 at AED 1,111 per sqft, 10% above what studios in Spring Tower were fetching at the time (AED 1,013). 427's AED 62,400 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
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

427, Spring Tower in numbers

  • Sold twice: first on 5 May 2015 for AED 490,677, last on 1 June 2015 for AED 515,000 (AED 1,111 per sqft).
  • Rented since March 2014 on 2 Ejari contracts, from AED 30,800 to AED 62,400 a year.
  • At AED 62,400 a year the gross yield on the 2015 price is 12.1%, before a service charge of about AED 7,200 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 18 February 2025.

Questions about 427, Spring Tower

What did unit 427 last sell for?

AED 515,000 on 1 June 2015: AED 1,111 per sqft for 463 sqft. The unit has 2 registered sales; the first was AED 490,677 in May 2015.

What is the rent for unit 427?

AED 62,400 a year on the contract signed on 18 February 2025. The previous contract, from March 2014, was AED 30,800.

How big is unit 427?

463 sqft (43.0 sqm): a studio on the 4th floor of a 25-storey tower.

What is unit 427 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 427, Spring Tower

Starts from the last sale price (AED 515K, 1 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 515,000
Deposit, UAE resident (20%)
AED 103,000
Deposit, non-resident (40%)
AED 206,000
Monthly over 25 years at 3.7%
AED 2,107

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