2-bed · 1,642 sqftThe Springs 1, The Springs · completed 2005

S05/TH05, The Springs 1

Sold prices and rental history: sold twice, last in June 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S05/TH05 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 1.7M7 June 2018
Current rentAED 100K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S05/TH05, The Springs 1

What is S05/TH05 worth today?

Last sold for AED 1,700,000 in 2018

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15 Sep 2024RentedNew contract
AED 100,000/yr12 months · AED 61 per sqft
1 Jul 2023RentedNew contract
AED 100,000/yr12 months · AED 61 per sqft
1 Jul 2022RentedRenewal
AED 94,500/yr12 months · AED 58 per sqft
1 Jul 2021RentedRenewal
AED 90,000/yr12 months · AED 55 per sqft
1 Jul 2020RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft
22 Jun 2019RentedNew contract
AED 115,000/yr12 months · AED 70 per sqft
22 Jun 2018RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
7 Jun 2018SoldReady
AED 1,700,000AED 1,035 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2024.

Key facts

Type
2-bed villa
Size
1,642 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 1.7M · June 2018
Community
The Springs 1

About S05/TH05, The Springs 1

S05/TH05 is a two-bedroom villa of 1,642 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. It last sold on 7 June 2018 for AED 1,700,000, or AED 1,035 per sqft.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 15 September 2024, is AED 100,000 a year: a gross yield of 5.9% on the 2018 price, before the service charge of about AED 3,500 a year.

Sales and rents for S05/TH05 over time

Sales
Villa S05/TH05, 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 990,000 (AED 603 per sqft)Sold, June 2018: AED 1,700,000 (AED 1,035 per sqft)

S05/TH05 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S05/TH05, each contractTypical two-bed in The Springs 1
100K150K200K20112015201920232027Typical 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 2017: AED 120,000 a yearNew contract, June 2018: AED 120,000 a yearNew contract, June 2019: AED 115,000 a yearNew contract, July 2020: AED 90,000 a yearRenewal, July 2021: AED 90,000 a yearRenewal, July 2022: AED 94,500 a yearNew contract, July 2023: AED 100,000 a yearNew contract, September 2024: AED 100,000 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/TH05 sits

All 132 2-beds →

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/TH05's AED 100,000 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/TH05, The Springs 1 in numbers

  • Sold twice: first on 13 January 2009 for AED 990,000, last on 7 June 2018 for AED 1,700,000 (AED 1,035 per sqft).
  • Rented since May 2017 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 90,000 in 2021 and recovered to AED 100,000 by September 2024.
  • At AED 100,000 a year the gross yield on the 2018 price is 5.9%, 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 15 September 2024.

Questions about S05/TH05, The Springs 1

What did villa S05/TH05 last sell for?

AED 1,700,000 on 7 June 2018: AED 1,035 per sqft for 1,642 sqft. The villa has 2 registered sales; the first was AED 990,000 in January 2009.

What is the rent for villa S05/TH05?

AED 100,000 a year on the contract signed on 15 September 2024. The previous contract, from July 2023, was AED 100,000; the villa has been rented since May 2017.

How big is villa S05/TH05?

1,642 sqft (152.5 sqm): a two-bedroom villa in The Springs 1, completed in 2005.

What is villa S05/TH05 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/TH05, The Springs 1

Starts from the last sale price (AED 1.7M, 7 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →