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2-bed · 1,775 sqftThe Springs 1, The Springs · completed 2005

S03/TH03, The Springs 1

Sold prices and rental history: sold once, by the developer in October 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH03 · DLD and Ejari recordsUpdated 22 April 2025
Last soldAED 667K17 October 2010
Current rentAED 150K /yr22 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH03, The Springs 1

What is S03/TH03 worth today?

Last sold for AED 666,888 in 2010

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22 Apr 2025RentedRenewal
AED 150,000/yr12 months · AED 84 per sqft
22 Apr 2024RentedNew contract
AED 150,000/yr12 months · AED 84 per sqft
5 Sep 2023RentedRenewal
AED 110,000/yr12 months · AED 62 per sqft
5 Sep 2022RentedNew contract
AED 100,000/yr12 months · AED 56 per sqft
5 Sep 2021RentedRenewal
AED 100,000/yr12 months · AED 56 per sqft
5 Sep 2020RentedRenewal
AED 100,000/yr12 months · AED 56 per sqft
5 Sep 2019RentedNew contract
AED 100,000/yr12 months · AED 56 per sqft
3 Sep 2018RentedNew contract
AED 120,000/yr12 months · AED 68 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 April 2025.

Key facts

Type
2-bed villa
Size
1,775 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,800 /yr
Last sold
AED 667K · October 2010
Community
The Springs 1

About S03/TH03, The Springs 1

S03/TH03 is a two-bedroom villa of 1,775 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 17 October 2010 for AED 666,888, or AED 375 per sqft, 51% below the AED 765 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 22 April 2025, is AED 150,000 a year: a gross yield of 22.5% on the 2010 price, before the service charge of about AED 3,800 a year.

Sales and rents for S03/TH03 over time

Sales
Villa S03/TH03, 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, October 2010: AED 666,888 (AED 375 per sqft)

S03/TH03 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S03/TH03, 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, September 2013: AED 100,000 a yearNew contract, September 2017: AED 115,500 a yearNew contract, September 2018: AED 120,000 a yearNew contract, September 2019: AED 100,000 a yearRenewal, September 2020: AED 100,000 a yearRenewal, September 2021: AED 100,000 a yearNew contract, September 2022: AED 100,000 a yearRenewal, September 2023: AED 110,000 a yearNew contract, April 2024: AED 150,000 a yearRenewal, April 2025: AED 150,000 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 S03/TH03 sits

All 132 2-beds →

S03/TH03 last sold in October 2010 at AED 375 per sqft, 51% below what two-beds in The Springs 1 were fetching at the time (AED 765). 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. S03/TH03's AED 150,000 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 →

S03/TH03, The Springs 1 in numbers

  • Sold once: by Emaar on 17 October 2010 for AED 666,888, or AED 375 per sqft.
  • Rented since September 2013 on 10 Ejari contracts, from AED 100,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2010 price is 22.5%, before a service charge of about AED 3,800 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 22 April 2025.

Questions about S03/TH03, The Springs 1

What did villa S03/TH03 last sell for?

AED 666,888 on 17 October 2010, sold by the developer: AED 375 per sqft for 1,775 sqft. It is the only registered sale of the villa.

What is the rent for villa S03/TH03?

AED 150,000 a year on the contract renewed on 22 April 2025. The previous contract, from April 2024, was AED 150,000; the villa has been rented since September 2013.

How big is villa S03/TH03?

1,775 sqft (164.9 sqm): a two-bedroom villa in The Springs 1, completed in 2005.

What is villa S03/TH03 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 S03/TH03, The Springs 1

Starts from the last sale price (AED 667K, 17 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 666,888
Deposit, UAE resident (20%)
AED 133,378
Deposit, non-resident (40%)
AED 266,755
Monthly over 25 years at 3.7%
AED 2,728

Plus AED 33,020 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →