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3-bed · 3,049 sqftThe Springs 1, The Springs · completed 2005

S02/TH41, The Springs 1

Sold prices and rental history: sold 3 times, last in September 2012, and rented once, from November 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH41 · DLD and Ejari recordsUpdated 1 November 2016
Last soldAED 3.3M10 September 2012
Current rentAED 220K /yr1 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH41, The Springs 1

What is S02/TH41 worth today?

Last sold for AED 3,300,000 in 2012

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1 Nov 2016RentedNew contract
AED 220,000/yr12 months · AED 72 per sqft
10 Sep 2012SoldReady
AED 3,300,000AED 1,082 per sqft
15 Apr 2012SoldReady
AED 3,050,000AED 1,000 per sqft
30 Dec 2008Sold by developerReady
AED 2,807,867AED 920 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2016.

Key facts

Type
3-bed villa
Size
3,049 sqft
Developer
Emaar
Completed
2005
Service charge
AED 6,500 /yr
Last sold
AED 3.3M · September 2012
Community
The Springs 1

About S02/TH41, The Springs 1

S02/TH41 is a three-bedroom villa of 3,049 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. It last sold on 10 September 2012 for AED 3,300,000, or AED 1,082 per sqft, 15% above the AED 938 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 November 2016. The current contract, signed on 1 November 2016, is AED 220,000 a year: a gross yield of 6.7% on the 2012 price, before the service charge of about AED 6,500 a year.

Sales and rents for S02/TH41 over time

Sales
Villa S02/TH41, 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, December 2008: AED 2,807,867 (AED 920 per sqft)Sold, April 2012: AED 3,050,000 (AED 1,000 per sqft)Sold, September 2012: AED 3,300,000 (AED 1,082 per sqft)

S02/TH41 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH41, each contractTypical three-bed in The Springs 1
200K2011201520192023Typical 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, November 2016: AED 220,000 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/TH41 sits

All 95 3-beds →

S02/TH41 last sold in September 2012 at AED 1,082 per sqft, 15% above what three-beds in The Springs 1 were fetching at the time (AED 938). 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/TH41's AED 220,000 is in the lower half 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/TH41, The Springs 1 in numbers

  • Sold 3 times: first on 30 December 2008 for AED 2,807,867, last on 10 September 2012 for AED 3,300,000 (AED 1,082 per sqft).
  • Rented since November 2016 on one Ejari contract, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2012 price is 6.7%, before a service charge of about AED 6,500 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 1 November 2016.

Questions about S02/TH41, The Springs 1

What did villa S02/TH41 last sell for?

AED 3,300,000 on 10 September 2012: AED 1,082 per sqft for 3,049 sqft. The villa has 3 registered sales; the first was AED 2,807,867 in December 2008.

What is the rent for villa S02/TH41?

AED 220,000 a year on the contract signed on 1 November 2016.

How big is villa S02/TH41?

3,049 sqft (283.3 sqm): a three-bedroom villa in The Springs 1, completed in 2005.

What is villa S02/TH41 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/TH41, The Springs 1

Starts from the last sale price (AED 3.3M, 10 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

Plus AED 143,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →