Home
Dubai prices
About
Research
3-bed · 2,214 sqftThe Springs 1, The Springs · completed 2005

S05/TH16, The Springs 1

Sold prices and rental history: sold 3 times, last in February 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S05/TH16 · DLD and Ejari recordsUpdated 3 February 2020
Last soldAED 1.9M3 February 2020
Current rentAED 160K /yr21 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S05/TH16, The Springs 1

What is S05/TH16 worth today?

Last sold for AED 1,900,000 in 2020

Unlock today's estimate, updated daily, with

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

3 Feb 2020SoldReady
AED 1,900,000AED 857 per sqft
21 Jun 2018RentedNew contract
AED 160,000/yr12 months · AED 72 per sqft
1 Jan 2016RentedRenewal
AED 200,000/yr12 months · AED 90 per sqft
24 Oct 2013RentedNew contract
AED 178,500/yr12 months · AED 81 per sqft
24 Oct 2012RentedNew contract
AED 170,000/yr12 months · AED 77 per sqft
22 Dec 2010SoldReady
AED 1,590,000AED 718 per sqft
14 Nov 2007Sold by developerReady · flagged as an outlier
AED 425,444AED 192 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 February 2020.

Key facts

Type
3-bed villa
Size
2,214 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,700 /yr
Last sold
AED 1.9M · February 2020
Community
The Springs 1

About S05/TH16, The Springs 1

S05/TH16 is a three-bedroom villa of 2,214 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. It last sold on 3 February 2020 for AED 1,900,000, or AED 857 per sqft, in line with the AED 857 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 21 June 2018, is AED 160,000 a year: a gross yield of 8.4% on the 2020 price, before the service charge of about AED 4,700 a year.

Sales and rents for S05/TH16 over time

Sales
Villa S05/TH16, 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, December 2010: AED 1,590,000 (AED 718 per sqft)Sold, February 2020: AED 1,900,000 (AED 857 per sqft)

S05/TH16 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S05/TH16, 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, October 2012: AED 170,000 a yearNew contract, October 2013: AED 178,500 a yearRenewal, January 2016: AED 200,000 a yearNew contract, June 2018: AED 160,000 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/TH16 sits

All 95 3-beds →

S05/TH16 last sold in February 2020 at AED 857 per sqft, in line with what three-beds in The Springs 1 were fetching at the time (AED 857). 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/TH16's AED 160,000 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 →

S05/TH16, The Springs 1 in numbers

  • Sold 3 times: first on 14 November 2007 for AED 425,444, last on 3 February 2020 for AED 1,900,000 (AED 857 per sqft).
  • Rented since October 2012 on 4 Ejari contracts, from AED 170,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2020 price is 8.4%, 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 3 February 2020.

Questions about S05/TH16, The Springs 1

What did villa S05/TH16 last sell for?

AED 1,900,000 on 3 February 2020: AED 857 per sqft for 2,214 sqft. The villa has 3 registered sales; the first was AED 425,444 in November 2007.

What is the rent for villa S05/TH16?

AED 160,000 a year on the contract signed on 21 June 2018. The previous contract, from January 2016, was AED 200,000; the villa has been rented since October 2012.

How big is villa S05/TH16?

2,214 sqft (205.7 sqm): a three-bedroom villa in The Springs 1, completed in 2005.

What is villa S05/TH16 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/TH16? 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/TH16, The Springs 1

Starts from the last sale price (AED 1.9M, 3 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

Plus AED 84,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →