Home
Dubai prices
About
Research
2-bed · 1,641 sqftThe Springs 1, The Springs · completed 2005

S02/TH09, The Springs 1

Sold prices and rental history: sold 3 times, last in March 2013, and rented once, from June 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH09 · DLD and Ejari recordsUpdated 11 March 2013
Last soldAED 900K11 March 2013
Current rentAED 110K /yr16 June 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH09, The Springs 1

What is S02/TH09 worth today?

Last sold for AED 900,000 in 2013

Unlock today's estimate, updated daily, with

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

11 Mar 2013SoldReady
AED 900,000AED 548 per sqft
16 Jun 2012RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft
1 Aug 2011Sold by developerReady
AED 1,270,000AED 773 per sqft
1 Aug 2011SoldReady
AED 608,888AED 371 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 March 2013.

Key facts

Type
2-bed villa
Size
1,641 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 900K · March 2013
Community
The Springs 1

About S02/TH09, The Springs 1

S02/TH09 is a two-bedroom villa of 1,641 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. It last sold on 11 March 2013 for AED 900,000, or AED 548 per sqft, 36% below the AED 859 two-beds in the community were fetching at the time.

One Ejari contract is registered, from 16 June 2012. The current contract, signed on 16 June 2012, is AED 110,000 a year: a gross yield of 12.2% on the 2013 price, before the service charge of about AED 3,500 a year.

Sales and rents for S02/TH09 over time

Sales
Villa S02/TH09, each saleTypical two-bed in The Springs 1
2M2007201220172022Typical sale price by year: 2007 AED 717,888; 2008 AED 1,228,944; 2009 AED 981,450; 2010 AED 1,292,500; 2011 AED 1,410,000; 2012 AED 1,430,000; 2013 AED 1,975,000; 2014 AED 2,125,000; 2015 AED 2,000,000; 2016 AED 2,140,000; 2017 AED 2,275,000; 2018 AED 1,675,000; 2019 AED 1,550,000; 2020 AED 1,500,000; 2022 AED 2,150,000; 2023 AED 2,450,000; 2024 AED 3,000,000; 2025 AED 3,450,000Sold by developer, August 2011: AED 1,270,000 (AED 773 per sqft)Sold, August 2011: AED 608,888 (AED 371 per sqft)Sold, March 2013: AED 900,000 (AED 548 per sqft)

S02/TH09 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH09, each contractTypical two-bed in The Springs 1
100K150K200K20112015201920232027Typical rent by year: 2011 AED 110,000; 2012 AED 100,000; 2013 AED 119,678; 2014 AED 135,000; 2015 AED 140,000; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 120,000; 2019 AED 114,500; 2020 AED 95,000; 2021 AED 100,000; 2022 AED 110,000; 2023 AED 125,000; 2024 AED 154,896; 2025 AED 171,250; 2026 AED 200,000New contract, June 2012: AED 110,000 a year

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

2-beds in The Springs 1, and where S02/TH09 sits

All 132 2-beds →

S02/TH09 last sold in March 2013 at AED 548 per sqft, 36% below what two-beds in The Springs 1 were fetching at the time (AED 859). Over the last 12 months two-beds sold for AED 2,900,000 to 4,350,000, around AED 2,003 per sqft, and rent for AED 115,000 to 270,000 a year. S02/TH09's AED 110,000 is at the bottom of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
10 Feb 20263,650,000
2 Feb 20264,350,000
25 Dec 20253,300,000
17 Nov 20252,900,000
4 2-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/TH09, The Springs 1 in numbers

  • Sold 3 times: first on 1 August 2011 for AED 608,888, last on 11 March 2013 for AED 900,000 (AED 548 per sqft).
  • Rented since June 2012 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2013 price is 12.2%, before a service charge of about AED 3,500 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 1 sold for AED 2,900,000–4,350,000 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 11 March 2013.

Questions about S02/TH09, The Springs 1

What did villa S02/TH09 last sell for?

AED 900,000 on 11 March 2013: AED 548 per sqft for 1,641 sqft. The villa has 3 registered sales; the first was AED 608,888 in August 2011.

What is the rent for villa S02/TH09?

AED 110,000 a year on the contract signed on 16 June 2012.

How big is villa S02/TH09?

1,641 sqft (152.5 sqm): a two-bedroom villa in The Springs 1, completed in 2005.

What is villa S02/TH09 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Springs 1 sold for AED 2,900,000 to 4,350,000 in the last 12 months, around AED 2,003 per sqft.

Selling S02/TH09? 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 S02/TH09, The Springs 1

Starts from the last sale price (AED 900K, 11 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

Plus AED 42,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →