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

S04/TH15, The Springs 1

Sold prices and rental history: sold once, by the developer in February 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH15 · DLD and Ejari recordsUpdated 15 October 2022
Last soldAED 893K12 February 2009
Current rentAED 183K /yr15 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH15, The Springs 1

What is S04/TH15 worth today?

Last sold for AED 892,888 in 2009

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15 Oct 2022RentedNew contract
AED 183,000/yr12 months · AED 79 per sqft
10 Nov 2021RentedRenewal
AED 147,500/yr12 months · AED 64 per sqft
10 Nov 2020RentedNew contract
AED 130,000/yr12 months · AED 56 per sqft
17 Nov 2019RentedRenewal
AED 140,000/yr12 months · AED 61 per sqft
15 Nov 2017RentedNew contract
AED 169,061/yr12 months · AED 73 per sqft
1 Sep 2016RentedNew contract
AED 185,000/yr12 months · AED 80 per sqft
5 Feb 2015RentedNew contract
AED 240,000/yr12 months · AED 104 per sqft
15 Mar 2013RentedNew contract
AED 180,000/yr12 months · AED 78 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2022.

Key facts

Type
3-bed villa
Size
2,305 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,900 /yr
Last sold
AED 893K · February 2009
Community
The Springs 1

About S04/TH15, The Springs 1

S04/TH15 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 12 February 2009 for AED 892,888, or AED 387 per sqft, 24% below the AED 510 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 15 October 2022, is AED 183,000 a year: a gross yield of 20.5% on the 2009 price, before the service charge of about AED 4,900 a year.

Sales and rents for S04/TH15 over time

Sales
Villa S04/TH15, 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, February 2009: AED 892,888 (AED 387 per sqft)

S04/TH15 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S04/TH15, 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, February 2015: AED 240,000 a yearNew contract, September 2016: AED 185,000 a yearNew contract, November 2017: AED 169,061 a yearRenewal, November 2019: AED 140,000 a yearNew contract, November 2020: AED 130,000 a yearRenewal, November 2021: AED 147,500 a yearNew contract, October 2022: AED 183,000 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/TH15 sits

All 95 3-beds →

S04/TH15 last sold in February 2009 at AED 387 per sqft, 24% below what three-beds in The Springs 1 were fetching at the time (AED 510). 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/TH15's AED 183,000 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/TH15, The Springs 1 in numbers

  • Sold once: by Emaar on 12 February 2009 for AED 892,888, or AED 387 per sqft.
  • Rented since March 2013 on 8 Ejari contracts. The rent fell from AED 180,000 to AED 130,000 in 2020 and recovered to AED 183,000 by October 2022.
  • At AED 183,000 a year the gross yield on the 2009 price is 20.5%, 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 15 October 2022.

Questions about S04/TH15, The Springs 1

What did villa S04/TH15 last sell for?

AED 892,888 on 12 February 2009, sold by the developer: AED 387 per sqft for 2,305 sqft. It is the only registered sale of the villa.

What is the rent for villa S04/TH15?

AED 183,000 a year on the contract signed on 15 October 2022. The previous contract, from November 2021, was AED 147,500; the villa has been rented since March 2013.

How big is villa S04/TH15?

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

What is villa S04/TH15 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/TH15, The Springs 1

Starts from the last sale price (AED 893K, 12 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 892,888
Deposit, UAE resident (20%)
AED 178,578
Deposit, non-resident (40%)
AED 357,155
Monthly over 25 years at 3.7%
AED 3,653

Plus AED 42,512 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →