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3-bed · 2,305 sqftThe Springs 1, The Springs · completed 2005

S06/TH07, The Springs 1

Sold prices and rental history: sold once, by the developer in October 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH07 · DLD and Ejari recordsUpdated 15 February 2024
Last soldAED 1.49M21 October 2009
Current rentAED 215K /yr15 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH07, The Springs 1

What is S06/TH07 worth today?

Last sold for AED 1,489,471 in 2009

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15 Feb 2024RentedNew contract
AED 215,000/yr12 months · AED 93 per sqft
15 Feb 2023RentedNew contract
AED 178,500/yr12 months · AED 77 per sqft
15 Feb 2022RentedNew contract
AED 170,000/yr12 months · AED 74 per sqft
12 Dec 2020RentedRenewal
AED 135,000/yr12 months · AED 59 per sqft
12 Dec 2019RentedRenewal
AED 145,000/yr12 months · AED 63 per sqft
12 Dec 2018RentedRenewal
AED 150,000/yr12 months · AED 65 per sqft
12 Dec 2017RentedNew contract
AED 160,000/yr12 months · AED 69 per sqft
1 Oct 2017RentedRenewal
AED 167,478/yr2 months · AED 73 per sqft

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

Key facts

Type
3-bed villa
Size
2,305 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,900 /yr
Last sold
AED 1.49M · October 2009
Community
The Springs 1

About S06/TH07, The Springs 1

S06/TH07 is a three-bedroom villa of 2,305 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 21 October 2009 for AED 1,489,471, or AED 646 per sqft, 33% above the AED 487 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 15 February 2024, is AED 215,000 a year: a gross yield of 14.4% on the 2009 price, before the service charge of about AED 4,900 a year.

Sales and rents for S06/TH07 over time

Sales
Villa S06/TH07, 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 2009: AED 1,489,471 (AED 646 per sqft)

S06/TH07 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S06/TH07, 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, August 2015: AED 167,475 a yearRenewal, August 2016: AED 167,475 a yearRenewal, October 2017: AED 167,478 a yearNew contract, December 2017: AED 160,000 a yearRenewal, December 2018: AED 150,000 a yearRenewal, December 2019: AED 145,000 a yearRenewal, December 2020: AED 135,000 a yearNew contract, February 2022: AED 170,000 a yearNew contract, February 2023: AED 178,500 a yearNew contract, February 2024: AED 215,000 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 S06/TH07 sits

All 95 3-beds →

S06/TH07 last sold in October 2009 at AED 646 per sqft, 33% above what three-beds in The Springs 1 were fetching at the time (AED 487). Over the last 12 months three-beds sold for AED 5,650,000 to 7,600,000, around AED 2,603 per sqft, and rent for AED 183,425 to 263,000 a year. S06/TH07's AED 215,000 is in the lower 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
3 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. 7 sold in the last 12 months.

Typical price per sqft
AED 2,395
Typical sale
AED 4.35M
Typical rent
AED 190K /yr
Typical yield
4.6%
The Springs 1, The Springs: prices, sales and rents →

S06/TH07, The Springs 1 in numbers

  • Sold once: by Emaar on 21 October 2009 for AED 1,489,471, or AED 646 per sqft.
  • Rented since August 2015 on 10 Ejari contracts. The rent fell from AED 167,475 to AED 135,000 in 2020 and recovered to AED 215,000 by February 2024.
  • At AED 215,000 a year the gross yield on the 2009 price is 14.4%, before a service charge of about AED 4,900 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 2,395 per sqft.

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

Questions about S06/TH07, The Springs 1

What did villa S06/TH07 last sell for?

AED 1,489,471 on 21 October 2009, sold by the developer: AED 646 per sqft for 2,305 sqft. It is the only registered sale of the villa.

What is the rent for villa S06/TH07?

AED 215,000 a year on the contract signed on 15 February 2024. The previous contract, from February 2023, was AED 178,500; the villa has been rented since August 2015.

How big is villa S06/TH07?

2,305 sqft (214.1 sqm): a three-bedroom villa in The Springs 1, completed in 2005.

What is villa S06/TH07 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 2,603 per sqft.

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Mortgage on S06/TH07, The Springs 1

Starts from the last sale price (AED 1.49M, 21 October 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,489,471
Deposit, UAE resident (20%)
AED 297,894
Deposit, non-resident (40%)
AED 595,788
Monthly over 25 years at 3.7%
AED 6,094

Plus AED 67,568 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →