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2-bed · 2,706 sqftThe Springs 1, The Springs · completed 2005

S03/TH17, The Springs 1

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

Villa S03/TH17 · DLD and Ejari recordsUpdated 19 August 2024
Last soldAED 1.09M20 November 2013
Current rentAED 182K /yr19 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH17, The Springs 1

What is S03/TH17 worth today?

Last sold for AED 1,092,888 in 2013

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19 Aug 2024RentedRenewal
AED 181,500/yr12 months · AED 67 per sqft
19 Aug 2023RentedRenewal
AED 165,000/yr12 months · AED 61 per sqft
19 Aug 2022RentedRenewal
AED 165,000/yr12 months · AED 61 per sqft
19 Aug 2021RentedNew contract
AED 155,000/yr12 months · AED 57 per sqft
15 Aug 2020RentedNew contract
AED 130,000/yr12 months · AED 48 per sqft
24 Jul 2019RentedRenewal
AED 175,000/yr12 months · AED 65 per sqft
24 Jul 2018RentedRenewal
AED 187,000/yr12 months · AED 69 per sqft
24 Jul 2016RentedNew contract
AED 187,000/yr12 months · AED 69 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 August 2024.

Key facts

Type
2-bed villa
Size
2,706 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,800 /yr
Last sold
AED 1.09M · November 2013
Community
The Springs 1

About S03/TH17, The Springs 1

S03/TH17 is a two-bedroom villa of 2,706 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 20 November 2013 for AED 1,092,888, or AED 403 per sqft, 59% below the AED 992 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 19 August 2024, is AED 181,500 a year: a gross yield of 16.6% on the 2013 price, before the service charge of about AED 5,800 a year.

Sales and rents for S03/TH17 over time

Sales
Villa S03/TH17, 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, November 2013: AED 1,092,888 (AED 403 per sqft)

S03/TH17 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S03/TH17, 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, March 2013: AED 160,425 a yearNew contract, July 2016: AED 187,000 a yearRenewal, July 2018: AED 187,000 a yearRenewal, July 2019: AED 175,000 a yearNew contract, August 2020: AED 130,000 a yearNew contract, August 2021: AED 155,000 a yearRenewal, August 2022: AED 165,000 a yearRenewal, August 2023: AED 165,000 a yearRenewal, August 2024: AED 181,500 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/TH17 sits

All 132 2-beds →

S03/TH17 last sold in November 2013 at AED 403 per sqft, 59% below what two-beds in The Springs 1 were fetching at the time (AED 992). 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/TH17's AED 181,500 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/TH17, The Springs 1 in numbers

  • Sold once: by Emaar on 20 November 2013 for AED 1,092,888, or AED 403 per sqft.
  • Rented since March 2013 on 9 Ejari contracts. The rent fell from AED 160,425 to AED 130,000 in 2020 and recovered to AED 181,500 by August 2024.
  • At AED 181,500 a year the gross yield on the 2013 price is 16.6%, before a service charge of about AED 5,800 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 19 August 2024.

Questions about S03/TH17, The Springs 1

What did villa S03/TH17 last sell for?

AED 1,092,888 on 20 November 2013, sold by the developer: AED 403 per sqft for 2,706 sqft. It is the only registered sale of the villa.

What is the rent for villa S03/TH17?

AED 181,500 a year on the contract renewed on 19 August 2024. The previous contract, from August 2023, was AED 165,000; the villa has been rented since March 2013.

How big is villa S03/TH17?

2,706 sqft (251.4 sqm): a two-bedroom villa in The Springs 1, completed in 2005.

What is villa S03/TH17 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/TH17, The Springs 1

Starts from the last sale price (AED 1.09M, 20 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,092,888
Deposit, UAE resident (20%)
AED 218,578
Deposit, non-resident (40%)
AED 437,155
Monthly over 25 years at 3.7%
AED 4,471

Plus AED 50,912 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →