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Studio · 460 sqftSpring Tower, Dubai Silicon Oasis · 6th floor

628, Spring Tower

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 628 · DLD and Ejari recordsUpdated 24 November 2021
Last soldAED 285K24 November 2021
Current rentAED 40K /yr22 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 628, Spring Tower

What is 628 worth today?

Last sold for AED 285,000 in 2021

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24 Nov 2021SoldReady
AED 285,000AED 619 per sqft
22 May 2020RentedRenewal
AED 40,000/yr12 months · AED 87 per sqft
22 May 2019RentedRenewal
AED 42,000/yr12 months · AED 91 per sqft
22 May 2018RentedRenewal
AED 47,250/yr12 months · AED 103 per sqft
22 May 2016RentedNew contract
AED 55,000/yr12 months · AED 119 per sqft
10 Feb 2013RentedNew contract
AED 34,000/yr12 months · AED 73 per sqft
29 Mar 2011Sold by developerReady
AED 490,134AED 1,064 per sqft

Source: Dubai Land Department. Updated 24 November 2021.

Key facts

Type
Studio apartment
Size
460 sqft
Floor
6th of 25
Parking
P6 44
Service charge
AED 7,100 /yr
Last sold
AED 285K · November 2021
Building
Spring Tower

About 628, Spring Tower

628 is a studio of 460 sqft on the 6th floor of Spring Tower, a 25-storey tower in Dubai Silicon Oasis. It last sold on 24 November 2021 for AED 285,000, or AED 619 per sqft, 7% above the AED 581 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 22 May 2020, is AED 40,000 a year: a gross yield of 14.0% on the 2021 price, before the service charge of about AED 7,100 a year.

Sales and rents for 628 over time

Sales
Unit 628, 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, March 2011: AED 490,134 (AED 1,064 per sqft)Sold, November 2021: AED 285,000 (AED 619 per sqft)

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

Rents
Unit 628, 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, February 2013: AED 34,000 a yearNew contract, May 2016: AED 55,000 a yearRenewal, May 2018: AED 47,250 a yearRenewal, May 2019: AED 42,000 a yearRenewal, May 2020: AED 40,000 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 628 sits

All 133 studios →

628 last sold in November 2021 at AED 619 per sqft, 7% above what studios in Spring Tower were fetching at the time (AED 581). 628's AED 40,000 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 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

628, Spring Tower in numbers

  • Sold twice: first on 29 March 2011 for AED 490,134, last on 24 November 2021 for AED 285,000 (AED 619 per sqft).
  • Rented since February 2013 on 5 Ejari contracts, from AED 34,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2021 price is 14.0%, before a service charge of about AED 7,100 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 24 November 2021.

Questions about 628, Spring Tower

What did unit 628 last sell for?

AED 285,000 on 24 November 2021: AED 619 per sqft for 460 sqft. The unit has 2 registered sales; the first was AED 490,134 in March 2011.

What is the rent for unit 628?

AED 40,000 a year on the contract renewed on 22 May 2020. The previous contract, from May 2019, was AED 42,000; the unit has been rented since February 2013.

How big is unit 628?

460 sqft (42.7 sqm): a studio on the 6th floor of a 25-storey tower.

What is unit 628 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 628, Spring Tower

Starts from the last sale price (AED 285K, 24 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 285,000
Deposit, UAE resident (20%)
AED 57,000
Deposit, non-resident (40%)
AED 114,000
Monthly over 25 years at 3.7%
AED 1,166

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