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3-bed · 2,290 sqftThe Springs 1, The Springs · completed 2005

S04/TH08, The Springs 1

Sold prices and rental history: sold 4 times, last in February 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH08 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 2.34M9 February 2021
Current rentAED 171K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH08, The Springs 1

What is S04/TH08 worth today?

Last sold for AED 2,335,000 in 2021

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1 May 2024RentedRenewal
AED 171,000/yr12 months · AED 75 per sqft
1 May 2022RentedRenewal
AED 140,000/yr12 months · AED 61 per sqft
9 Feb 2021SoldReady
AED 2,335,000AED 1,019 per sqft
14 Dec 2020SoldReady
AED 2,080,000AED 908 per sqft
1 Jan 2020RentedNew contract
AED 65,000/yr24 months · AED 28 per sqft
1 May 2019RentedNew contract
AED 68,000/yr12 months · AED 30 per sqft
6 Feb 2018RentedNew contract · flagged as an outlier
AED 30,000/yr12 months · AED 13 per sqft
1 Jul 2017RentedNew contract · flagged as an outlier
AED 30,000/yr12 months · AED 13 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.

Key facts

Type
3-bed villa
Size
2,290 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,900 /yr
Last sold
AED 2.34M · February 2021
Community
The Springs 1

About S04/TH08, The Springs 1

S04/TH08 is a three-bedroom villa of 2,290 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. It last sold on 9 February 2021 for AED 2,335,000, or AED 1,019 per sqft, 7% above the AED 956 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 171,000 a year: a gross yield of 7.3% on the 2021 price, before the service charge of about AED 4,900 a year.

Sales and rents for S04/TH08 over time

Sales
Villa S04/TH08, 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, May 2008: AED 934,888 (AED 408 per sqft)Sold, May 2008: AED 2,700,000 (AED 1,178 per sqft)Sold, December 2020: AED 2,080,000 (AED 908 per sqft)Sold, February 2021: AED 2,335,000 (AED 1,019 per sqft)

S04/TH08 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S04/TH08, each contractTypical three-bed in The Springs 1
100K200K2011201520192023Typical 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, January 2015: AED 105,000 a yearNew contract, May 2019: AED 68,000 a yearNew contract, January 2020: AED 65,000 a yearRenewal, May 2022: AED 140,000 a yearRenewal, May 2024: AED 171,000 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/TH08 sits

All 95 3-beds →

S04/TH08 last sold in February 2021 at AED 1,019 per sqft, 7% above what three-beds in The Springs 1 were fetching at the time (AED 956). 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/TH08's AED 171,000 is at the bottom 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/TH08, The Springs 1 in numbers

  • Sold 4 times: first on 20 May 2008 for AED 2,700,000, last on 9 February 2021 for AED 2,335,000 (AED 1,019 per sqft).
  • Rented since January 2015 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 30,000 in 2018 and recovered to AED 171,000 by May 2024.
  • At AED 171,000 a year the gross yield on the 2021 price is 7.3%, 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 1 May 2024.

Questions about S04/TH08, The Springs 1

What did villa S04/TH08 last sell for?

AED 2,335,000 on 9 February 2021: AED 1,019 per sqft for 2,290 sqft. The villa has 4 registered sales; the first was AED 2,700,000 in May 2008.

What is the rent for villa S04/TH08?

AED 171,000 a year on the contract renewed on 1 May 2024. The previous contract, from May 2022, was AED 140,000; the villa has been rented since January 2015.

How big is villa S04/TH08?

2,290 sqft (212.7 sqm): a three-bedroom villa in The Springs 1, completed in 2005.

What is villa S04/TH08 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/TH08, The Springs 1

Starts from the last sale price (AED 2.34M, 9 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,335,000
Deposit, UAE resident (20%)
AED 467,000
Deposit, non-resident (40%)
AED 934,000
Monthly over 25 years at 3.7%
AED 9,553

Plus AED 103,080 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →