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2-bed · 1,764 sqftThe Springs 1, The Springs · completed 2005

S04/TH28, The Springs 1

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH28 · DLD and Ejari recordsUpdated 15 February 2025
Last soldAED 808K21 March 2010
Current rentAED 106K /yr15 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH28, The Springs 1

What is S04/TH28 worth today?

Last sold for AED 807,888 in 2010

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15 Feb 2025RentedRenewal
AED 106,480/yr12 months · AED 60 per sqft
15 Feb 2024RentedRenewal
AED 96,800/yr12 months · AED 55 per sqft
15 Feb 2023RentedRenewal
AED 88,000/yr12 months · AED 50 per sqft
15 Feb 2022RentedRenewal
AED 80,000/yr12 months · AED 45 per sqft
15 Feb 2021RentedNew contract
AED 80,000/yr12 months · AED 45 per sqft
1 Aug 2020RentedRenewal
AED 91,500/yr12 months · AED 52 per sqft
1 Aug 2019RentedRenewal
AED 105,000/yr12 months · AED 60 per sqft
1 Aug 2018RentedNew contract
AED 110,000/yr12 months · AED 62 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 February 2025.

Key facts

Type
2-bed villa
Size
1,764 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,800 /yr
Last sold
AED 808K · March 2010
Community
The Springs 1

About S04/TH28, The Springs 1

S04/TH28 is a two-bedroom villa of 1,764 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 21 March 2010 for AED 807,888, or AED 458 per sqft, 31% below the AED 662 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 15 February 2025, is AED 106,480 a year: a gross yield of 13.2% on the 2010 price, before the service charge of about AED 3,800 a year.

Sales and rents for S04/TH28 over time

Sales
Villa S04/TH28, 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, March 2010: AED 807,888 (AED 458 per sqft)

S04/TH28 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S04/TH28, 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, May 2013: AED 99,474 a yearNew contract, June 2014: AED 109,725 a yearNew contract, June 2016: AED 115,000 a yearNew contract, August 2018: AED 110,000 a yearRenewal, August 2019: AED 105,000 a yearRenewal, August 2020: AED 91,500 a yearNew contract, February 2021: AED 80,000 a yearRenewal, February 2022: AED 80,000 a yearRenewal, February 2023: AED 88,000 a yearRenewal, February 2024: AED 96,800 a yearRenewal, February 2025: AED 106,480 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 S04/TH28 sits

All 132 2-beds →

S04/TH28 last sold in March 2010 at AED 458 per sqft, 31% below what two-beds in The Springs 1 were fetching at the time (AED 662). 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. S04/TH28's AED 106,480 is at the bottom 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 →

S04/TH28, The Springs 1 in numbers

  • Sold once: by Emaar on 21 March 2010 for AED 807,888, or AED 458 per sqft.
  • Rented since May 2013 on 11 Ejari contracts. The rent fell from AED 99,474 to AED 80,000 in 2022 and recovered to AED 106,480 by February 2025.
  • At AED 106,480 a year the gross yield on the 2010 price is 13.2%, before a service charge of about AED 3,800 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 15 February 2025.

Questions about S04/TH28, The Springs 1

What did villa S04/TH28 last sell for?

AED 807,888 on 21 March 2010, sold by the developer: AED 458 per sqft for 1,764 sqft. It is the only registered sale of the villa.

What is the rent for villa S04/TH28?

AED 106,480 a year on the contract renewed on 15 February 2025. The previous contract, from February 2024, was AED 96,800; the villa has been rented since May 2013.

How big is villa S04/TH28?

1,764 sqft (163.9 sqm): a two-bedroom villa in The Springs 1, completed in 2005.

What is villa S04/TH28 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 S04/TH28, The Springs 1

Starts from the last sale price (AED 808K, 21 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 807,888
Deposit, UAE resident (20%)
AED 161,578
Deposit, non-resident (40%)
AED 323,155
Monthly over 25 years at 3.7%
AED 3,305

Plus AED 38,942 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →