Home
Dubai prices
About
Research
2-bed · 2,290 sqftThe Springs 1, The Springs · completed 2005

S02/TH36, The Springs 1

Sold prices and rental history: sold twice, last in July 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH36 · DLD and Ejari recordsUpdated 23 June 2019
Last soldAED 969K6 July 2008
Current rentAED 77K /yr23 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH36, The Springs 1

What is S02/TH36 worth today?

Last sold for AED 968,888 in 2008

Unlock today's estimate, updated daily, with

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

23 Jun 2019RentedRenewal
AED 77,020/yr2 months · AED 34 per sqft
23 Jun 2018RentedNew contract
AED 160,000/yr12 months · AED 70 per sqft
16 Oct 2017RentedRenewal
AED 174,600/yr12 months · AED 76 per sqft
20 Sep 2013RentedNew contract
AED 198,000/yr12 months · AED 86 per sqft
6 Jul 2008Sold by developerReady
AED 968,888AED 423 per sqft
6 Jul 2008SoldReady
AED 3,650,000AED 1,593 per sqft

Source: Dubai Land Department. Updated 23 June 2019.

Key facts

Type
2-bed villa
Size
2,290 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,900 /yr
Last sold
AED 969K · July 2008
Community
The Springs 1

About S02/TH36, The Springs 1

S02/TH36 is a two-bedroom villa of 2,290 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 6 July 2008 for AED 968,888, or AED 423 per sqft, 7% below the AED 455 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 23 June 2019, is AED 77,020 a year: a gross yield of 8.0% on the 2008 price, before the service charge of about AED 4,900 a year.

Sales and rents for S02/TH36 over time

Sales
Villa S02/TH36, each saleTypical two-bed in The Springs 1
2M4M2007201220172022Typical 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, July 2008: AED 968,888 (AED 423 per sqft)Sold, July 2008: AED 3,650,000 (AED 1,593 per sqft)

S02/TH36 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH36, each contractTypical two-bed in The Springs 1
100K200K20112015201920232027Typical 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, September 2013: AED 198,000 a yearRenewal, October 2017: AED 174,600 a yearNew contract, June 2018: AED 160,000 a yearRenewal, June 2019: AED 77,020 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/TH36 sits

All 132 2-beds →

S02/TH36 last sold in July 2008 at AED 423 per sqft, 7% below what two-beds in The Springs 1 were fetching at the time (AED 455). 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/TH36's AED 77,020 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/TH36, The Springs 1 in numbers

  • Sold twice: first on 6 July 2008 for AED 3,650,000, last on 6 July 2008 for AED 968,888 (AED 423 per sqft).
  • Rented since September 2013 on 4 Ejari contracts, from AED 198,000 to AED 77,020 a year.
  • At AED 77,020 a year the gross yield on the 2008 price is 8.0%, 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 2,395 per sqft.

Source: Dubai Land Department. Updated 23 June 2019.

Questions about S02/TH36, The Springs 1

What did villa S02/TH36 last sell for?

AED 968,888 on 6 July 2008, sold by the developer: AED 423 per sqft for 2,290 sqft. The villa has 2 registered sales; the first was AED 3,650,000 in July 2008.

What is the rent for villa S02/TH36?

AED 77,020 a year on the contract renewed on 23 June 2019. The previous contract, from June 2018, was AED 160,000; the villa has been rented since September 2013.

How big is villa S02/TH36?

2,290 sqft (212.7 sqm): a two-bedroom villa in The Springs 1, completed in 2005.

What is villa S02/TH36 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/TH36? 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/TH36, The Springs 1

Starts from the last sale price (AED 969K, 6 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 968,888
Deposit, UAE resident (20%)
AED 193,778
Deposit, non-resident (40%)
AED 387,555
Monthly over 25 years at 3.7%
AED 3,964

Plus AED 45,704 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →