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3-bed · 2,305 sqftThe Springs 1, The Springs · completed 2005

S04/TH01, The Springs 1

Sold prices and rental history: sold once, by the developer in June 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH01 · DLD and Ejari recordsUpdated 7 April 2024
Last soldAED 2.5M2 June 2008
Current rentAED 270K /yr7 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH01, The Springs 1

What is S04/TH01 worth today?

Last sold for AED 2,500,000 in 2008

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7 Apr 2024RentedRenewal
AED 270,000/yr12 months · AED 117 per sqft
7 Apr 2023RentedNew contract
AED 260,000/yr12 months · AED 113 per sqft
1 Oct 2020RentedNew contract
AED 150,000/yr12 months · AED 65 per sqft
7 Sep 2016RentedNew contract
AED 190,000/yr12 months · AED 82 per sqft
7 Sep 2015RentedRenewal
AED 220,000/yr12 months · AED 95 per sqft
7 Sep 2014RentedNew contract
AED 220,000/yr12 months · AED 95 per sqft
7 Mar 2013RentedNew contract
AED 180,000/yr12 months · AED 78 per sqft
2 Jun 2008Sold by developerReady
AED 2,500,000AED 1,084 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 April 2024.

Key facts

Type
3-bed villa
Size
2,305 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,900 /yr
Last sold
AED 2.5M · June 2008
Community
The Springs 1

About S04/TH01, The Springs 1

S04/TH01 is a three-bedroom villa of 2,305 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 2 June 2008 for AED 2,500,000, or AED 1,084 per sqft, 168% above the AED 405 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 7 April 2024, is AED 270,000 a year: a gross yield of 10.8% on the 2008 price, before the service charge of about AED 4,900 a year.

Sales and rents for S04/TH01 over time

Sales
Villa S04/TH01, each saleTypical three-bed in The Springs 1
02.5M5M2007201220172022Typical sale price by year: 2007 AED 846,888; 2008 AED 1,530,000; 2009 AED 1,121,388; 2010 AED 1,808,334; 2011 AED 2,412,250; 2012 AED 2,150,000; 2013 AED 2,900,000; 2014 AED 3,075,000; 2015 AED 2,387,500; 2016 AED 2,745,000; 2017 AED 2,705,000; 2018 AED 2,425,000; 2019 AED 2,250,000; 2020 AED 2,265,000; 2021 AED 2,762,500; 2022 AED 3,150,000; 2023 AED 4,225,000; 2024 AED 4,550,000; 2025 AED 5,950,000Sold by developer, June 2008: AED 2,500,000 (AED 1,084 per sqft)

S04/TH01 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S04/TH01, each contractTypical three-bed in The Springs 1
200K2011201520192023Typical rent by year: 2011 AED 145,000; 2012 AED 142,000; 2013 AED 170,000; 2014 AED 186,000; 2015 AED 190,000; 2016 AED 190,000; 2017 AED 180,000; 2018 AED 170,000; 2019 AED 145,000; 2020 AED 131,250; 2021 AED 140,000; 2022 AED 150,000; 2023 AED 181,750; 2024 AED 225,000; 2025 AED 247,500New contract, March 2013: AED 180,000 a yearNew contract, September 2014: AED 220,000 a yearRenewal, September 2015: AED 220,000 a yearNew contract, September 2016: AED 190,000 a yearNew contract, October 2020: AED 150,000 a yearNew contract, April 2023: AED 260,000 a yearRenewal, April 2024: AED 270,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in The Springs 1, and where S04/TH01 sits

All 95 3-beds →

S04/TH01 last sold in June 2008 at AED 1,084 per sqft, 168% above what three-beds in The Springs 1 were fetching at the time (AED 405). Over the last 12 months three-beds sold for AED 5,650,000 to 7,600,000, around AED 2,500 per sqft, and rent for AED 183,425 to 263,000 a year. S04/TH01's AED 270,000 is at the top of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
27 Jan 20265,650,000
5 Jan 20267,600,000
13 Nov 20256,000,000
31 Oct 20255,900,000
2 3-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 →

S04/TH01, The Springs 1 in numbers

  • Sold once: by Emaar on 2 June 2008 for AED 2,500,000, or AED 1,084 per sqft.
  • Rented since March 2013 on 7 Ejari contracts. The rent fell from AED 180,000 to AED 150,000 in 2020 and recovered to AED 270,000 by April 2024.
  • At AED 270,000 a year the gross yield on the 2008 price is 10.8%, before a service charge of about AED 4,900 a year (AED 2.13 per sqft).
  • Three-beds in The Springs 1 sold for AED 5,650,000–7,600,000 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 7 April 2024.

Questions about S04/TH01, The Springs 1

What did villa S04/TH01 last sell for?

AED 2,500,000 on 2 June 2008, sold by the developer: AED 1,084 per sqft for 2,305 sqft. It is the only registered sale of the villa.

What is the rent for villa S04/TH01?

AED 270,000 a year on the contract renewed on 7 April 2024. The previous contract, from April 2023, was AED 260,000; the villa has been rented since March 2013.

How big is villa S04/TH01?

2,305 sqft (214.1 sqm): a three-bedroom villa in The Springs 1, completed in 2005.

What is villa S04/TH01 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Springs 1 sold for AED 5,650,000 to 7,600,000 in the last 12 months, around AED 2,500 per sqft.

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Mortgage on S04/TH01, The Springs 1

Starts from the last sale price (AED 2.5M, 2 June 2008). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →