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Studio · 277 sqftSpring Tower, Dubai Silicon Oasis · 5th floor

520, Spring Tower

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 520 · DLD and Ejari recordsUpdated 5 January 2025
Last soldAED 166K22 September 2022
Current rentAED 46K /yr5 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 520, Spring Tower

What is 520 worth today?

Last sold for AED 165,500 in 2022

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5 Jan 2025RentedNew contract
AED 46,000/yr12 months · AED 84 per sqft
5 Nov 2023RentedRenewal
AED 34,000/yr12 months · AED 62 per sqft
5 Nov 2022RentedNew contract
AED 32,000/yr12 months · AED 58 per sqft
22 Sep 2022SoldReady
AED 165,500AED 598 per sqft
11 Sep 2020RentedNew contract
AED 25,000/yr12 months · AED 46 per sqft
25 Jul 2019RentedNew contract
AED 32,500/yr12 months · AED 59 per sqft
20 Aug 2016RentedRenewal
AED 55,000/yr24 months · AED 100 per sqft
20 Aug 2015RentedNew contract
AED 55,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 5 January 2025.

Key facts

Type
Studio apartment
Size
277 sqft
Floor
5th of 25
Parking
P5 43
Service charge
AED 4,300 /yr
Last sold
AED 166K · September 2022
Building
Spring Tower

About 520, Spring Tower

520 is a studio of 277 sqft on the 5th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 22 September 2022 for AED 165,500, or AED 598 per sqft, in line with the AED 602 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 5 January 2025, is AED 46,000 a year: a gross yield of 27.8% on the 2022 price, before the service charge of about AED 4,300 a year.

Sales and rents for 520 over time

Sales
Unit 520, each saleTypical studio in Spring Tower
200K400K600K20102014201820222026Typical 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 587,775 (AED 1,061 per sqft)Sold, September 2022: AED 165,500 (AED 598 per sqft)

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

Rents
Unit 520, 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, August 2013: AED 38,000 a yearNew contract, August 2014: AED 53,000 a yearNew contract, August 2015: AED 55,000 a yearRenewal, August 2016: AED 55,000 a yearNew contract, July 2019: AED 32,500 a yearNew contract, September 2020: AED 25,000 a yearNew contract, November 2022: AED 32,000 a yearRenewal, November 2023: AED 34,000 a yearNew contract, January 2025: AED 46,000 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 520 sits

All 133 studios →

520 last sold in September 2022 at AED 598 per sqft, in line with what studios in Spring Tower were fetching at the time (AED 602). 520's AED 46,000 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

520, Spring Tower in numbers

  • Sold twice: first on 9 November 2010 for AED 587,775, last on 22 September 2022 for AED 165,500 (AED 598 per sqft).
  • Rented since August 2013 on 9 Ejari contracts. The rent fell from AED 38,000 to AED 25,000 in 2020 and recovered to AED 46,000 by January 2025.
  • At AED 46,000 a year the gross yield on the 2022 price is 27.8%, before a service charge of about AED 4,300 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 5 January 2025.

Questions about 520, Spring Tower

What did unit 520 last sell for?

AED 165,500 on 22 September 2022: AED 598 per sqft for 277 sqft. The unit has 2 registered sales; the first was AED 587,775 in November 2010.

What is the rent for unit 520?

AED 46,000 a year on the contract signed on 5 January 2025. The previous contract, from November 2023, was AED 34,000; the unit has been rented since August 2013.

How big is unit 520?

277 sqft (25.7 sqm): a studio on the 5th floor of a 25-storey tower.

What is unit 520 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 520, Spring Tower

Starts from the last sale price (AED 166K, 22 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 165,500
Deposit, UAE resident (20%)
AED 33,100
Deposit, non-resident (40%)
AED 66,200
Monthly over 25 years at 3.7%
AED 677

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