Home
Dubai prices
About
Research
Studio · 536 sqftSpring Tower, Dubai Silicon Oasis · 5th floor

509, Spring Tower

Sold prices and rental history: sold 3 times, last in December 2017, and rented once, from March 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 30 March 2025
Last soldAED 510K21 December 2017
Current rentAED 50K /yr30 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 509

Property timeline for 509, Spring Tower

What is 509 worth today?

Last sold for AED 510,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

30 Mar 2025RentedNew contract
AED 50,000/yr12 months · AED 93 per sqft
21 Dec 2017SoldReady
AED 510,000AED 952 per sqft
29 Apr 2014SoldReady
AED 265,000AED 494 per sqft
20 Nov 2013Sold by developerReady
AED 345,430AED 645 per sqft

Source: Dubai Land Department. Updated 30 March 2025.

Key facts

Type
Studio apartment
Size
536 sqft
Floor
5th of 25
Parking
P5 81
Service charge
AED 8,300 /yr
Last sold
AED 510K · December 2017
Building
Spring Tower

About 509, Spring Tower

509 is a studio of 536 sqft on the 5th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 21 December 2017 for AED 510,000, or AED 952 per sqft, 5% below the AED 999 studios in the building were fetching at the time.

One Ejari contract is registered, from 30 March 2025. The current contract, signed on 30 March 2025, is AED 50,000 a year: a gross yield of 9.8% on the 2017 price, before the service charge of about AED 8,300 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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 345,430 (AED 645 per sqft)Sold, April 2014: AED 265,000 (AED 494 per sqft)Sold, December 2017: AED 510,000 (AED 952 per sqft)

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

Rents
Unit 509, 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, March 2025: AED 50,000 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 509 sits

All 133 studios →

509 last sold in December 2017 at AED 952 per sqft, 5% below what studios in Spring Tower were fetching at the time (AED 999). 509's AED 50,000 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 5th floor

All 413 units in Spring Tower
Value
5011-bedAED 1.03M · Mar 2011
502AED 680K · Oct 2023
503StudioAED 486K · Aug 2010
504StudioAED 600K · Jan 2017
505StudioAED 492K · Oct 2011
506StudioAED 270K · Jun 2020
5081-bedAED 548K · Aug 2013
1–7 of 26

509, Spring Tower in numbers

  • Sold 3 times: first on 20 November 2013 for AED 345,430, last on 21 December 2017 for AED 510,000 (AED 952 per sqft).
  • Rented since March 2025 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2017 price is 9.8%, before a service charge of about AED 8,300 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 30 March 2025.

Questions about 509, Spring Tower

What did unit 509 last sell for?

AED 510,000 on 21 December 2017: AED 952 per sqft for 536 sqft. The unit has 3 registered sales; the first was AED 345,430 in November 2013.

What is the rent for unit 509?

AED 50,000 a year on the contract signed on 30 March 2025.

How big is unit 509?

536 sqft (49.8 sqm): a studio on the 5th floor of a 25-storey tower.

What is unit 509 worth today?

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

Selling 509? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 509, Spring Tower

Starts from the last sale price (AED 510K, 21 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

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