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2-bed · 1,631 sqftThe Springs 1, The Springs · completed 2005

S05/TH04, The Springs 1

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S05/TH04 · DLD and Ejari recordsUpdated 2 May 2024
Last soldAED 2.97M2 May 2024
Current rentAED 80K /yr28 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S05/TH04, The Springs 1

What is S05/TH04 worth today?

Last sold for AED 2,969,000 in 2024

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2 May 2024SoldReady
AED 2,969,000AED 1,820 per sqft
28 Jul 2022RentedRenewal
AED 80,000/yr12 months · AED 49 per sqft
28 Jul 2021RentedRenewal
AED 80,000/yr12 months · AED 49 per sqft
28 Jul 2020RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft
7 Nov 2015RentedNew contract
AED 145,000/yr12 months · AED 89 per sqft
15 Oct 2014RentedNew contract
AED 150,000/yr12 months · AED 92 per sqft
27 Sep 2013RentedNew contract
AED 140,000/yr12 months · AED 86 per sqft
14 Jan 2009Sold by developerReady
AED 707,888AED 434 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 May 2024.

Key facts

Type
2-bed villa
Size
1,631 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 2.97M · May 2024
Community
The Springs 1

About S05/TH04, The Springs 1

S05/TH04 is a two-bedroom villa of 1,631 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. It last sold on 2 May 2024 for AED 2,969,000, or AED 1,820 per sqft, 17% above the AED 1,560 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 28 July 2022, is AED 80,000 a year: a gross yield of 2.7% on the 2024 price, before the service charge of about AED 3,500 a year.

Sales and rents for S05/TH04 over time

Sales
Villa S05/TH04, 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, January 2009: AED 707,888 (AED 434 per sqft)Sold, May 2024: AED 2,969,000 (AED 1,820 per sqft)

S05/TH04 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S05/TH04, 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, September 2013: AED 140,000 a yearNew contract, October 2014: AED 150,000 a yearNew contract, November 2015: AED 145,000 a yearNew contract, July 2020: AED 80,000 a yearRenewal, July 2021: AED 80,000 a yearRenewal, July 2022: AED 80,000 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 S05/TH04 sits

All 132 2-beds →

S05/TH04 last sold in May 2024 at AED 1,820 per sqft, 17% above what two-beds in The Springs 1 were fetching at the time (AED 1,560). 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. S05/TH04's AED 80,000 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 →

S05/TH04, The Springs 1 in numbers

  • Sold twice: first on 14 January 2009 for AED 707,888, last on 2 May 2024 for AED 2,969,000 (AED 1,820 per sqft).
  • Rented since September 2013 on 6 Ejari contracts, from AED 140,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 2.7%, before a service charge of about AED 3,500 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 2 May 2024.

Questions about S05/TH04, The Springs 1

What did villa S05/TH04 last sell for?

AED 2,969,000 on 2 May 2024: AED 1,820 per sqft for 1,631 sqft. The villa has 2 registered sales; the first was AED 707,888 in January 2009.

What is the rent for villa S05/TH04?

AED 80,000 a year on the contract renewed on 28 July 2022. The previous contract, from July 2021, was AED 80,000; the villa has been rented since September 2013.

How big is villa S05/TH04?

1,631 sqft (151.5 sqm): a two-bedroom villa in The Springs 1, completed in 2005.

What is villa S05/TH04 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 S05/TH04, The Springs 1

Starts from the last sale price (AED 2.97M, 2 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,969,000
Deposit, UAE resident (20%)
AED 593,800
Deposit, non-resident (40%)
AED 1,187,600
Monthly over 25 years at 3.7%
AED 12,147

Plus AED 129,708 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →