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Studio · 417 sqftSpring Tower, Dubai Silicon Oasis · 6th floor

617, Spring Tower

Sold prices and rental history: sold twice, last in June 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 617 · DLD and Ejari recordsUpdated 13 June 2023
Last soldAED 290K13 June 2023
Current rentAED 22K /yr1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 617, Spring Tower

What is 617 worth today?

Last sold for AED 290,000 in 2023

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13 Jun 2023SoldReady
AED 290,000AED 695 per sqft
1 Sep 2021RentedNew contract
AED 22,000/yr12 months · AED 52 per sqft
22 Jul 2020RentedRenewal
AED 30,000/yr12 months · AED 71 per sqft
22 Jul 2019RentedRenewal
AED 31,000/yr12 months · AED 74 per sqft
1 May 2016Sold by developerReady
AED 485,932AED 1,165 per sqft

Source: Dubai Land Department. Updated 13 June 2023.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
6th of 25
Parking
P6 87
Service charge
AED 6,400 /yr
Last sold
AED 290K · June 2023
Building
Spring Tower

About 617, Spring Tower

617 is a studio of 417 sqft on the 6th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 13 June 2023 for AED 290,000, or AED 695 per sqft, in line with the AED 678 studios in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 September 2021, is AED 22,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 6,400 a year.

Sales and rents for 617 over time

Sales
Unit 617, 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 2016: AED 485,932 (AED 1,165 per sqft)Sold, June 2023: AED 290,000 (AED 695 per sqft)

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

Rents
Unit 617, each contractTypical studio in Spring Tower
20K40K20112015201920232027Typical 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 42,000Renewal, July 2019: AED 31,000 a yearRenewal, July 2020: AED 30,000 a yearNew contract, September 2021: AED 22,000 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 617 sits

All 133 studios →

617 last sold in June 2023 at AED 695 per sqft, in line with what studios in Spring Tower were fetching at the time (AED 678). 617's AED 22,000 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 6th floor

All 413 units in Spring Tower
Value
602AED 883K · Oct 2025
603StudioAED 487K · Sep 2013
604StudioAED 313K · Sep 2013
605StudioAED 340K · Oct 2022
606StudioAED 370K · Sep 2024
607StudioAED 685K · May 2010
6081-bedAED 548K · Jun 2013
1–7 of 25

617, Spring Tower in numbers

  • Sold twice: first on 1 May 2016 for AED 485,932, last on 13 June 2023 for AED 290,000 (AED 695 per sqft).
  • Rented since July 2019 on 3 Ejari contracts, from AED 31,000 to AED 22,000 a year.
  • At AED 22,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 6,400 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 13 June 2023.

Questions about 617, Spring Tower

What did unit 617 last sell for?

AED 290,000 on 13 June 2023: AED 695 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 485,932 in May 2016.

What is the rent for unit 617?

AED 22,000 a year on the contract signed on 1 September 2021. The previous contract, from July 2020, was AED 30,000; the unit has been rented since July 2019.

How big is unit 617?

417 sqft (38.7 sqm): a studio on the 6th floor of a 25-storey tower.

What is unit 617 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 617, Spring Tower

Starts from the last sale price (AED 290K, 13 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 290,000
Deposit, UAE resident (20%)
AED 58,000
Deposit, non-resident (40%)
AED 116,000
Monthly over 25 years at 3.7%
AED 1,186

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