Home
Dubai prices
About
Research
3-bed · 2,228 sqftThe Springs 1, The Springs · completed 2005

S05/TH15, The Springs 1

Sold prices and rental history: sold once, by the developer in October 2007, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S05/TH15 · DLD and Ejari recordsUpdated 7 September 2024
Last soldAED 854K23 October 2007
Current rentAED 255K /yr7 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S05/TH15, The Springs 1

What is S05/TH15 worth today?

Last sold for AED 853,888 in 2007

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Sep 2024RentedNew contract
AED 255,000/yr12 months · AED 114 per sqft
10 Apr 2023RentedRenewal
AED 147,000/yr12 months · AED 66 per sqft
10 Apr 2022RentedRenewal
AED 147,000/yr12 months · AED 66 per sqft
10 Apr 2021RentedRenewal
AED 140,000/yr12 months · AED 63 per sqft
10 Apr 2020RentedNew contract
AED 140,000/yr12 months · AED 63 per sqft
6 Aug 2019RentedNew contract
AED 135,000/yr12 months · AED 61 per sqft
4 Nov 2018RentedRenewal
AED 170,000/yr9 months · AED 76 per sqft
4 Nov 2017RentedRenewal
AED 180,000/yr12 months · AED 81 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 September 2024.

Key facts

Type
3-bed villa
Size
2,228 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,700 /yr
Last sold
AED 854K · October 2007
Community
The Springs 1

About S05/TH15, The Springs 1

S05/TH15 is a three-bedroom villa of 2,228 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 23 October 2007 for AED 853,888, or AED 383 per sqft, 4% above the AED 370 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 7 September 2024, is AED 255,000 a year: a gross yield of 29.9% on the 2007 price, before the service charge of about AED 4,700 a year.

Sales and rents for S05/TH15 over time

Sales
Villa S05/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, October 2007: AED 853,888 (AED 383 per sqft)

S05/TH15 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S05/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, November 2014: AED 195,000 a yearRenewal, November 2017: AED 180,000 a yearRenewal, November 2018: AED 170,000 a yearNew contract, August 2019: AED 135,000 a yearNew contract, April 2020: AED 140,000 a yearRenewal, April 2021: AED 140,000 a yearRenewal, April 2022: AED 147,000 a yearRenewal, April 2023: AED 147,000 a yearNew contract, September 2024: AED 255,000 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 S05/TH15 sits

All 95 3-beds →

S05/TH15 last sold in October 2007 at AED 383 per sqft, 4% above what three-beds in The Springs 1 were fetching at the time (AED 370). 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. S05/TH15's AED 255,000 is in the upper half 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 →

S05/TH15, The Springs 1 in numbers

  • Sold once: by Emaar on 23 October 2007 for AED 853,888, or AED 383 per sqft.
  • Rented since November 2014 on 9 Ejari contracts. The rent fell from AED 195,000 to AED 135,000 in 2019 and recovered to AED 255,000 by September 2024.
  • At AED 255,000 a year the gross yield on the 2007 price is 29.9%, before a service charge of about AED 4,700 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 7 September 2024.

Questions about S05/TH15, The Springs 1

What did villa S05/TH15 last sell for?

AED 853,888 on 23 October 2007, sold by the developer: AED 383 per sqft for 2,228 sqft. It is the only registered sale of the villa.

What is the rent for villa S05/TH15?

AED 255,000 a year on the contract signed on 7 September 2024. The previous contract, from April 2023, was AED 147,000; the villa has been rented since November 2014.

How big is villa S05/TH15?

2,228 sqft (207.0 sqm): a three-bedroom villa in The Springs 1, completed in 2005.

What is villa S05/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.

Selling S05/TH15? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on S05/TH15, The Springs 1

Starts from the last sale price (AED 854K, 23 October 2007). Switch to today's estimate once you have unlocked it.
Price
AED 853,888
Deposit, UAE resident (20%)
AED 170,778
Deposit, non-resident (40%)
AED 341,555
Monthly over 25 years at 3.7%
AED 3,494

Plus AED 40,874 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →