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2-bed · 2,305 sqftThe Springs 1, The Springs · completed 2005

S02/TH33, The Springs 1

Sold prices and rental history: sold twice, last in November 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH33 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 2.28M9 November 2020
Current rentAED 170K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH33, The Springs 1

What is S02/TH33 worth today?

Last sold for AED 2,275,000 in 2020

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15 Jul 2024RentedRenewal
AED 170,000/yr12 months · AED 74 per sqft
15 Jul 2023RentedRenewal
AED 170,000/yr12 months · AED 74 per sqft
15 Jul 2022RentedRenewal
AED 145,000/yr12 months · AED 63 per sqft
15 Jul 2021RentedNew contract
AED 145,000/yr12 months · AED 63 per sqft
9 Nov 2020SoldReady
AED 2,275,000AED 987 per sqft
1 Oct 2020RentedNew contract
AED 135,000/yr12 months · AED 59 per sqft
1 Oct 2020RentedRenewal
AED 135,000/yr12 months · AED 59 per sqft
1 Oct 2019RentedNew contract
AED 145,000/yr12 months · AED 63 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2024.

Key facts

Type
2-bed villa
Size
2,305 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,900 /yr
Last sold
AED 2.28M · November 2020
Community
The Springs 1

About S02/TH33, The Springs 1

S02/TH33 is a two-bedroom villa of 2,305 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. It last sold on 9 November 2020 for AED 2,275,000, or AED 987 per sqft.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 15 July 2024, is AED 170,000 a year: a gross yield of 7.5% on the 2020 price, before the service charge of about AED 4,900 a year.

Sales and rents for S02/TH33 over time

Sales
Villa S02/TH33, 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, December 2008: AED 959,888 (AED 416 per sqft)Sold, November 2020: AED 2,275,000 (AED 987 per sqft)

S02/TH33 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH33, 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, April 2014: AED 200,000 a yearNew contract, April 2015: AED 195,000 a yearNew contract, August 2015: AED 190,000 a yearRenewal, August 2016: AED 190,000 a yearRenewal, August 2018: AED 172,500 a yearNew contract, October 2019: AED 145,000 a yearNew contract, October 2020: AED 135,000 a yearRenewal, October 2020: AED 135,000 a yearNew contract, July 2021: AED 145,000 a yearRenewal, July 2022: AED 145,000 a yearRenewal, July 2023: AED 170,000 a yearRenewal, July 2024: AED 170,000 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/TH33 sits

All 132 2-beds →

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/TH33's AED 170,000 is in the lower half 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. 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%
The Springs 1, The Springs: prices, sales and rents →

S02/TH33, The Springs 1 in numbers

  • Sold twice: first on 17 December 2008 for AED 959,888, last on 9 November 2020 for AED 2,275,000 (AED 987 per sqft).
  • Rented since April 2014 on 12 Ejari contracts. The rent fell from AED 200,000 to AED 135,000 in 2020 and recovered to AED 170,000 by July 2024.
  • At AED 170,000 a year the gross yield on the 2020 price is 7.5%, before a service charge of about AED 4,900 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 15 July 2024.

Questions about S02/TH33, The Springs 1

What did villa S02/TH33 last sell for?

AED 2,275,000 on 9 November 2020: AED 987 per sqft for 2,305 sqft. The villa has 2 registered sales; the first was AED 959,888 in December 2008.

What is the rent for villa S02/TH33?

AED 170,000 a year on the contract renewed on 15 July 2024. The previous contract, from July 2023, was AED 170,000; the villa has been rented since April 2014.

How big is villa S02/TH33?

2,305 sqft (214.1 sqm): a two-bedroom villa in The Springs 1, completed in 2005.

What is villa S02/TH33 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/TH33, The Springs 1

Starts from the last sale price (AED 2.28M, 9 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,275,000
Deposit, UAE resident (20%)
AED 455,000
Deposit, non-resident (40%)
AED 910,000
Monthly over 25 years at 3.7%
AED 9,308

Plus AED 100,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →