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2-bed · 3,059 sqftThe Springs 1, The Springs · completed 2005

S06/TH02, The Springs 1

Sold prices and rental history: sold twice, last in February 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH02 · DLD and Ejari recordsUpdated 6 October 2020
Last soldAED 2.85M12 February 2012
Current rentAED 140K /yr6 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH02, The Springs 1

What is S06/TH02 worth today?

Last sold for AED 2,850,000 in 2012

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6 Oct 2020RentedRenewal
AED 140,000/yr12 months · AED 46 per sqft
6 Oct 2019RentedRenewal
AED 150,000/yr12 months · AED 49 per sqft
6 Oct 2018RentedRenewal
AED 185,000/yr12 months · AED 60 per sqft
6 Oct 2017RentedRenewal
AED 205,000/yr12 months · AED 67 per sqft
17 Jan 2016RentedNew contract
AED 235,000/yr12 months · AED 77 per sqft
12 Feb 2012SoldReady
AED 2,850,000AED 931 per sqft
7 Feb 2012Sold by developerReady
AED 1,294,888AED 423 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 October 2020.

Key facts

Type
2-bed villa
Size
3,059 sqft
Developer
Emaar
Completed
2005
Service charge
AED 6,500 /yr
Last sold
AED 2.85M · February 2012
Community
The Springs 1

About S06/TH02, The Springs 1

S06/TH02 is a two-bedroom villa of 3,059 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. It last sold on 12 February 2012 for AED 2,850,000, or AED 931 per sqft, 20% above the AED 773 two-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 6 October 2020, is AED 140,000 a year: a gross yield of 4.9% on the 2012 price, before the service charge of about AED 6,500 a year.

Sales and rents for S06/TH02 over time

Sales
Villa S06/TH02, 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, February 2012: AED 2,850,000 (AED 931 per sqft)Sold by developer, February 2012: AED 1,294,888 (AED 423 per sqft)

S06/TH02 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S06/TH02, 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, January 2016: AED 235,000 a yearRenewal, October 2017: AED 205,000 a yearRenewal, October 2018: AED 185,000 a yearRenewal, October 2019: AED 150,000 a yearRenewal, October 2020: AED 140,000 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 S06/TH02 sits

All 132 2-beds →

S06/TH02 last sold in February 2012 at AED 931 per sqft, 20% above what two-beds in The Springs 1 were fetching at the time (AED 773). 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. S06/TH02's AED 140,000 is in the lower half 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 →

S06/TH02, The Springs 1 in numbers

  • Sold twice: first on 7 February 2012 for AED 1,294,888, last on 12 February 2012 for AED 2,850,000 (AED 931 per sqft).
  • Rented since January 2016 on 5 Ejari contracts, from AED 235,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2012 price is 4.9%, before a service charge of about AED 6,500 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 6 October 2020.

Questions about S06/TH02, The Springs 1

What did villa S06/TH02 last sell for?

AED 2,850,000 on 12 February 2012: AED 931 per sqft for 3,059 sqft. The villa has 2 registered sales; the first was AED 1,294,888 in February 2012.

What is the rent for villa S06/TH02?

AED 140,000 a year on the contract renewed on 6 October 2020. The previous contract, from October 2019, was AED 150,000; the villa has been rented since January 2016.

How big is villa S06/TH02?

3,059 sqft (284.2 sqm): a two-bedroom villa in The Springs 1, completed in 2005.

What is villa S06/TH02 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 S06/TH02, The Springs 1

Starts from the last sale price (AED 2.85M, 12 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

Plus AED 124,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →