2-bed · 2,691 sqftThe Springs 1, The Springs · completed 2005

S03/TH14, The Springs 1

Sold prices and rental history: sold twice, last in July 2014, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH14 · DLD and Ejari recordsUpdated 22 September 2024
Last soldAED 2.13M16 July 2014
Current rentAED 260K /yr22 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH14, The Springs 1

What is S03/TH14 worth today?

Last sold for AED 2,125,000 in 2014

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22 Sep 2024RentedRenewal
AED 260,000/yr12 months · AED 97 per sqft
22 Sep 2023RentedNew contract
AED 260,000/yr12 months · AED 97 per sqft
16 Jul 2014SoldReady
AED 2,125,000AED 789 per sqft
24 Jan 2008Sold by developerReady
AED 2,856,000AED 1,061 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 September 2024.

Key facts

Type
2-bed villa
Size
2,691 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,700 /yr
Last sold
AED 2.13M · July 2014
Community
The Springs 1

About S03/TH14, The Springs 1

S03/TH14 is a two-bedroom villa of 2,691 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. It last sold on 16 July 2014 for AED 2,125,000, or AED 789 per sqft, 37% below the AED 1,254 two-beds in the community were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 22 September 2024, is AED 260,000 a year: a gross yield of 12.2% on the 2014 price, before the service charge of about AED 5,700 a year.

Sales and rents for S03/TH14 over time

Sales
Villa S03/TH14, 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 2008: AED 2,856,000 (AED 1,061 per sqft)Sold, July 2014: AED 2,125,000 (AED 789 per sqft)

S03/TH14 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S03/TH14, 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 2023: AED 260,000 a yearRenewal, September 2024: AED 260,000 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/TH14 sits

All 132 2-beds →

S03/TH14 last sold in July 2014 at AED 789 per sqft, 37% below what two-beds in The Springs 1 were fetching at the time (AED 1,254). 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/TH14's AED 260,000 is in the upper 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/TH14, The Springs 1 in numbers

  • Sold twice: first on 24 January 2008 for AED 2,856,000, last on 16 July 2014 for AED 2,125,000 (AED 789 per sqft).
  • Rented since September 2023 on 2 Ejari contracts, at AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2014 price is 12.2%, before a service charge of about AED 5,700 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 September 2024.

Questions about S03/TH14, The Springs 1

What did villa S03/TH14 last sell for?

AED 2,125,000 on 16 July 2014: AED 789 per sqft for 2,691 sqft. The villa has 2 registered sales; the first was AED 2,856,000 in January 2008.

What is the rent for villa S03/TH14?

AED 260,000 a year on the contract renewed on 22 September 2024. The previous contract, from September 2023, was AED 260,000.

How big is villa S03/TH14?

2,691 sqft (250.0 sqm): a two-bedroom villa in The Springs 1, completed in 2005.

What is villa S03/TH14 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/TH14, The Springs 1

Starts from the last sale price (AED 2.13M, 16 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,125,000
Deposit, UAE resident (20%)
AED 425,000
Deposit, non-resident (40%)
AED 850,000
Monthly over 25 years at 3.7%
AED 8,694

Plus AED 94,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →