S02/TH23, The Springs 1
Sold prices and rental history: sold once, by the developer in October 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for S02/TH23, The Springs 1
What is S02/TH23 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 February 2024.
Key facts
- Type
- 2-bed villa
- Size
- 1,642 sqft
- Developer
- Emaar
- Completed
- 2005
- Service charge
- AED 3,500 /yr
- Last sold
- AED 900K · October 2008
- Community
- The Springs 1
About S02/TH23, The Springs 1
S02/TH23 is a two-bedroom villa of 1,642 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 19 October 2008 for AED 900,000, or AED 548 per sqft, 16% below the AED 651 two-beds in the community were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 20 February 2024, is AED 165,000 a year: a gross yield of 18.3% on the 2008 price, before the service charge of about AED 3,500 a year.
Sales and rents for S02/TH23 over time
S02/TH23 has sold once; the dashed line is the two-bed median of each year in the community.
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/TH23 sits
All 132 2-beds →S02/TH23 last sold in October 2008 at AED 548 per sqft, 16% below what two-beds in The Springs 1 were fetching at the time (AED 651). 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/TH23's AED 165,000 is in the lower half of that range.
| Recent 2-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 1,781 sqft | 3,650,000 | 2,049 | ||
| 2 Feb 20262 February 2026 | 1,698 sqft | 4,350,000 | 2,561 | ||
| 25 Dec 202525 December 2025 | 1,687 sqft | 3,300,000 | 1,956 | ||
| 17 Nov 202517 November 2025 | 1,698 sqft | 2,900,000 | 1,707 |
The Springs 1
Community237 villas, 2-bed to 6-bed in The Springs, completed in 2005 by Emaar. 6 sold in the last 12 months.
- Typical price per sqft
- AED 2,222
- Typical sale
- AED 4M
- Typical rent
- AED 190K /yr
- Typical yield
- 5.0%
S02/TH23, The Springs 1 in numbers
- Sold once: by Emaar on 19 October 2008 for AED 900,000, or AED 548 per sqft.
- Rented since August 2013 on 8 Ejari contracts, from AED 110,000 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2008 price is 18.3%, 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 2,222 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 20 February 2024.
Questions about S02/TH23, The Springs 1
What did villa S02/TH23 last sell for?
AED 900,000 on 19 October 2008, sold by the developer: AED 548 per sqft for 1,642 sqft. It is the only registered sale of the villa.
What is the rent for villa S02/TH23?
AED 165,000 a year on the contract signed on 20 February 2024. The previous contract, from February 2021, was AED 105,000; the villa has been rented since August 2013.
How big is villa S02/TH23?
1,642 sqft (152.5 sqm): a two-bedroom villa in The Springs 1, completed in 2005.
What is villa S02/TH23 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.
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Mortgage on S02/TH23, The Springs 1
Starts from the last sale price (AED 900K, 19 October 2008). 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 →