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3-bed · 2,214 sqftThe Springs 1, The Springs · completed 2005

S02/TH06, The Springs 1

Sold prices and rental history: sold twice, last in January 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH06 · DLD and Ejari recordsUpdated 31 January 2022
Last soldAED 2.98M31 January 2022
Current rentAED 123K /yr29 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH06, The Springs 1

What is S02/TH06 worth today?

Last sold for AED 2,975,000 in 2022

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31 Jan 2022SoldReady
AED 2,975,000AED 1,343 per sqft
29 Jun 2021RentedRenewal
AED 123,375/yr12 months · AED 56 per sqft
29 Jun 2020RentedRenewal
AED 120,000/yr12 months · AED 54 per sqft
29 Jun 2019RentedRenewal
AED 135,000/yr12 months · AED 61 per sqft
20 May 2016RentedNew contract
AED 160,000/yr12 months · AED 72 per sqft
10 Mar 2016RentedNew contract
AED 190,000/yr12 months · AED 86 per sqft
1 Jun 2014RentedNew contract
AED 200,000/yr12 months · AED 90 per sqft
23 Jan 2011Sold by developerReady
AED 1,336,634AED 603 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 January 2022.

Key facts

Type
3-bed villa
Size
2,214 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,700 /yr
Last sold
AED 2.98M · January 2022
Community
The Springs 1

About S02/TH06, The Springs 1

S02/TH06 is a three-bedroom villa of 2,214 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. It last sold on 31 January 2022 for AED 2,975,000, or AED 1,343 per sqft, 7% above the AED 1,253 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 29 June 2021, is AED 123,375 a year: a gross yield of 4.2% on the 2022 price, before the service charge of about AED 4,700 a year.

Sales and rents for S02/TH06 over time

Sales
Villa S02/TH06, each saleTypical three-bed in The Springs 1
02.5M5M2007201220172022Typical sale price by year: 2007 AED 846,888; 2008 AED 1,530,000; 2009 AED 1,121,388; 2010 AED 1,808,334; 2011 AED 2,412,250; 2012 AED 2,150,000; 2013 AED 2,900,000; 2014 AED 3,075,000; 2015 AED 2,387,500; 2016 AED 2,745,000; 2017 AED 2,705,000; 2018 AED 2,425,000; 2019 AED 2,250,000; 2020 AED 2,265,000; 2021 AED 2,762,500; 2022 AED 3,150,000; 2023 AED 4,225,000; 2024 AED 4,550,000; 2025 AED 5,950,000Sold by developer, January 2011: AED 1,336,634 (AED 603 per sqft)Sold, January 2022: AED 2,975,000 (AED 1,343 per sqft)

S02/TH06 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH06, each contractTypical three-bed in The Springs 1
100K200K2011201520192023Typical rent by year: 2011 AED 145,000; 2012 AED 142,000; 2013 AED 170,000; 2014 AED 186,000; 2015 AED 190,000; 2016 AED 190,000; 2017 AED 180,000; 2018 AED 170,000; 2019 AED 145,000; 2020 AED 131,250; 2021 AED 140,000; 2022 AED 150,000; 2023 AED 181,750; 2024 AED 225,000; 2025 AED 247,500New contract, June 2014: AED 200,000 a yearNew contract, March 2016: AED 190,000 a yearNew contract, May 2016: AED 160,000 a yearRenewal, June 2019: AED 135,000 a yearRenewal, June 2020: AED 120,000 a yearRenewal, June 2021: AED 123,375 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in The Springs 1, and where S02/TH06 sits

All 95 3-beds →

S02/TH06 last sold in January 2022 at AED 1,343 per sqft, 7% above what three-beds in The Springs 1 were fetching at the time (AED 1,253). Over the last 12 months three-beds sold for AED 5,650,000 to 7,600,000, around AED 2,603 per sqft, and rent for AED 183,425 to 263,000 a year. S02/TH06's AED 123,375 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
27 Jan 20265,650,000
5 Jan 20267,600,000
13 Nov 20256,000,000
31 Oct 20255,900,000
3 3-bed sales in the last 12 months

The Springs 1

Community

237 villas, 2-bed to 6-bed in The Springs, completed in 2005 by Emaar. 7 sold in the last 12 months.

Typical price per sqft
AED 2,395
Typical sale
AED 4.35M
Typical rent
AED 190K /yr
Typical yield
4.6%
The Springs 1, The Springs: prices, sales and rents →

S02/TH06, The Springs 1 in numbers

  • Sold twice: first on 23 January 2011 for AED 1,336,634, last on 31 January 2022 for AED 2,975,000 (AED 1,343 per sqft).
  • Rented since June 2014 on 6 Ejari contracts, from AED 200,000 to AED 123,375 a year.
  • At AED 123,375 a year the gross yield on the 2022 price is 4.2%, before a service charge of about AED 4,700 a year (AED 2.13 per sqft).
  • Three-beds in The Springs 1 sold for AED 5,650,000–7,600,000 in the 12 months to November 2026; the community's median across all types is AED 2,395 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 31 January 2022.

Questions about S02/TH06, The Springs 1

What did villa S02/TH06 last sell for?

AED 2,975,000 on 31 January 2022: AED 1,343 per sqft for 2,214 sqft. The villa has 2 registered sales; the first was AED 1,336,634 in January 2011.

What is the rent for villa S02/TH06?

AED 123,375 a year on the contract renewed on 29 June 2021. The previous contract, from June 2020, was AED 120,000; the villa has been rented since June 2014.

How big is villa S02/TH06?

2,214 sqft (205.7 sqm): a three-bedroom villa in The Springs 1, completed in 2005.

What is villa S02/TH06 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Springs 1 sold for AED 5,650,000 to 7,600,000 in the last 12 months, around AED 2,603 per sqft.

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Mortgage on S02/TH06, The Springs 1

Starts from the last sale price (AED 2.98M, 31 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,975,000
Deposit, UAE resident (20%)
AED 595,000
Deposit, non-resident (40%)
AED 1,190,000
Monthly over 25 years at 3.7%
AED 12,172

Plus AED 129,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →