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2-bed · 1,781 sqftThe Springs 1, The Springs · completed 2005

S03/TH09, The Springs 1

Sold prices and rental history: sold 3 times, last in July 2013, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH09 · DLD and Ejari recordsUpdated 28 August 2024
Last soldAED 2.4M17 July 2013
Current rentAED 126K /yr28 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH09, The Springs 1

What is S03/TH09 worth today?

Last sold for AED 2,400,000 in 2013

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28 Aug 2024RentedRenewal
AED 126,000/yr12 months · AED 71 per sqft
28 Aug 2023RentedRenewal
AED 120,000/yr12 months · AED 67 per sqft
28 Aug 2022RentedRenewal
AED 120,000/yr12 months · AED 67 per sqft
17 Jul 2013SoldReady
AED 2,400,000AED 1,347 per sqft
2 Sep 2010SoldReady
AED 1,400,000AED 786 per sqft
14 Jan 2009Sold by developerReady
AED 666,888AED 374 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 August 2024.

Key facts

Type
2-bed villa
Size
1,781 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,800 /yr
Last sold
AED 2.4M · July 2013
Community
The Springs 1

About S03/TH09, The Springs 1

S03/TH09 is a two-bedroom villa of 1,781 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. It last sold on 17 July 2013 for AED 2,400,000, or AED 1,347 per sqft, 37% above the AED 982 two-beds in the community were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 28 August 2024, is AED 126,000 a year: a gross yield of 5.3% on the 2013 price, before the service charge of about AED 3,800 a year.

Sales and rents for S03/TH09 over time

Sales
Villa S03/TH09, 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, January 2009: AED 666,888 (AED 374 per sqft)Sold, September 2010: AED 1,400,000 (AED 786 per sqft)Sold, July 2013: AED 2,400,000 (AED 1,347 per sqft)

S03/TH09 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S03/TH09, 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 200,000Renewal, August 2022: AED 120,000 a yearRenewal, August 2023: AED 120,000 a yearRenewal, August 2024: AED 126,000 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/TH09 sits

All 132 2-beds →

S03/TH09 last sold in July 2013 at AED 1,347 per sqft, 37% above what two-beds in The Springs 1 were fetching at the time (AED 982). 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/TH09's AED 126,000 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/TH09, The Springs 1 in numbers

  • Sold 3 times: first on 14 January 2009 for AED 666,888, last on 17 July 2013 for AED 2,400,000 (AED 1,347 per sqft).
  • Rented since August 2022 on 3 Ejari contracts, from AED 120,000 to AED 126,000 a year.
  • At AED 126,000 a year the gross yield on the 2013 price is 5.3%, 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 28 August 2024.

Questions about S03/TH09, The Springs 1

What did villa S03/TH09 last sell for?

AED 2,400,000 on 17 July 2013: AED 1,347 per sqft for 1,781 sqft. The villa has 3 registered sales; the first was AED 666,888 in January 2009.

What is the rent for villa S03/TH09?

AED 126,000 a year on the contract renewed on 28 August 2024. The previous contract, from August 2023, was AED 120,000; the villa has been rented since August 2022.

How big is villa S03/TH09?

1,781 sqft (165.5 sqm): a two-bedroom villa in The Springs 1, completed in 2005.

What is villa S03/TH09 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/TH09, The Springs 1

Starts from the last sale price (AED 2.4M, 17 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →