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2-bed · 2,533 sqftThe Springs 1, The Springs · completed 2005

S03/TH12, The Springs 1

Sold prices and rental history: sold 3 times, last in December 2018, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH12 · DLD and Ejari recordsUpdated 26 March 2019
Last soldAED 2.55M19 December 2018
Current rentAED 155K /yr26 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH12, The Springs 1

What is S03/TH12 worth today?

Last sold for AED 2,550,000 in 2018

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26 Mar 2019RentedNew contract
AED 154,774/yr4 months · AED 61 per sqft
19 Dec 2018SoldReady
AED 2,550,000AED 1,006 per sqft
26 Mar 2017RentedNew contract
AED 180,000/yr12 months · AED 71 per sqft
18 Jan 2016RentedNew contract
AED 200,000/yr12 months · AED 79 per sqft
19 Feb 2015RentedNew contract
AED 235,294/yr12 months · AED 93 per sqft
2 Jul 2013SoldReady
AED 3,250,000AED 1,283 per sqft
7 Jul 2011Sold by developerReady
AED 1,250,000AED 493 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 March 2019.

Key facts

Type
2-bed villa
Size
2,533 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,400 /yr
Last sold
AED 2.55M · December 2018
Community
The Springs 1

About S03/TH12, The Springs 1

S03/TH12 is a two-bedroom villa of 2,533 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. It last sold on 19 December 2018 for AED 2,550,000, or AED 1,006 per sqft, 3% above the AED 975 two-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 26 March 2019, is AED 154,774 a year: a gross yield of 6.1% on the 2018 price, before the service charge of about AED 5,400 a year.

Sales and rents for S03/TH12 over time

Sales
Villa S03/TH12, 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, July 2011: AED 1,250,000 (AED 493 per sqft)Sold, July 2013: AED 3,250,000 (AED 1,283 per sqft)Sold, December 2018: AED 2,550,000 (AED 1,006 per sqft)

S03/TH12 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S03/TH12, 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, February 2015: AED 235,294 a yearNew contract, January 2016: AED 200,000 a yearNew contract, March 2017: AED 180,000 a yearNew contract, March 2019: AED 154,774 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/TH12 sits

All 132 2-beds →

S03/TH12 last sold in December 2018 at AED 1,006 per sqft, 3% above what two-beds in The Springs 1 were fetching at the time (AED 975). 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/TH12's AED 154,774 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/TH12, The Springs 1 in numbers

  • Sold 3 times: first on 7 July 2011 for AED 1,250,000, last on 19 December 2018 for AED 2,550,000 (AED 1,006 per sqft).
  • Rented since February 2015 on 4 Ejari contracts, from AED 235,294 to AED 154,774 a year.
  • At AED 154,774 a year the gross yield on the 2018 price is 6.1%, before a service charge of about AED 5,400 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 26 March 2019.

Questions about S03/TH12, The Springs 1

What did villa S03/TH12 last sell for?

AED 2,550,000 on 19 December 2018: AED 1,006 per sqft for 2,533 sqft. The villa has 3 registered sales; the first was AED 1,250,000 in July 2011.

What is the rent for villa S03/TH12?

AED 154,774 a year on the contract signed on 26 March 2019. The previous contract, from March 2017, was AED 180,000; the villa has been rented since February 2015.

How big is villa S03/TH12?

2,533 sqft (235.3 sqm): a two-bedroom villa in The Springs 1, completed in 2005.

What is villa S03/TH12 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/TH12, The Springs 1

Starts from the last sale price (AED 2.55M, 19 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

Plus AED 112,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →