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3-bed · 2,696 sqftThe Springs 1, The Springs · completed 2005

S06/TH13, The Springs 1

Sold prices and rental history: sold 3 times, last in May 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH13 · DLD and Ejari recordsUpdated 5 March 2016
Last soldAED 1.78M4 May 2015
Current rentAED 288K /yr5 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH13, The Springs 1

What is S06/TH13 worth today?

Last sold for AED 1,775,000 in 2015

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5 Mar 2016RentedRenewal
AED 288,000/yr4 months · AED 107 per sqft
4 May 2015SoldReady
AED 1,775,000AED 658 per sqft
5 Mar 2015RentedNew contract
AED 198,450/yr12 months · AED 74 per sqft
13 Mar 2014SoldReady
AED 3,000,000AED 1,112 per sqft
5 Mar 2014RentedNew contract
AED 187,000/yr12 months · AED 69 per sqft
5 Mar 2013RentedNew contract
AED 170,000/yr12 months · AED 63 per sqft
15 Oct 2008Sold by developerReady
AED 1,277,888AED 474 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 March 2016.

Key facts

Type
3-bed villa
Size
2,696 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,700 /yr
Last sold
AED 1.78M · May 2015
Community
The Springs 1

About S06/TH13, The Springs 1

S06/TH13 is a three-bedroom villa of 2,696 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. It last sold on 4 May 2015 for AED 1,775,000, or AED 658 per sqft, 55% below the AED 1,458 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 5 March 2016, is AED 288,000 a year: a gross yield of 16.2% on the 2015 price, before the service charge of about AED 5,700 a year.

Sales and rents for S06/TH13 over time

Sales
Villa S06/TH13, 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 2008: AED 1,277,888 (AED 474 per sqft)Sold, March 2014: AED 3,000,000 (AED 1,112 per sqft)Sold, May 2015: AED 1,775,000 (AED 658 per sqft)

S06/TH13 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S06/TH13, each contractTypical three-bed in The Springs 1
200K300K2011201520192023Typical 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, March 2013: AED 170,000 a yearNew contract, March 2014: AED 187,000 a yearNew contract, March 2015: AED 198,450 a yearRenewal, March 2016: AED 288,000 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/TH13 sits

All 95 3-beds →

S06/TH13 last sold in May 2015 at AED 658 per sqft, 55% below what three-beds in The Springs 1 were fetching at the time (AED 1,458). 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. S06/TH13's AED 288,000 is at the top 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 →

S06/TH13, The Springs 1 in numbers

  • Sold 3 times: first on 15 October 2008 for AED 1,277,888, last on 4 May 2015 for AED 1,775,000 (AED 658 per sqft).
  • Rented since March 2013 on 4 Ejari contracts, from AED 170,000 to AED 288,000 a year.
  • At AED 288,000 a year the gross yield on the 2015 price is 16.2%, before a service charge of about AED 5,700 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 5 March 2016.

Questions about S06/TH13, The Springs 1

What did villa S06/TH13 last sell for?

AED 1,775,000 on 4 May 2015: AED 658 per sqft for 2,696 sqft. The villa has 3 registered sales; the first was AED 1,277,888 in October 2008.

What is the rent for villa S06/TH13?

AED 288,000 a year on the contract renewed on 5 March 2016. The previous contract, from March 2015, was AED 198,450; the villa has been rented since March 2013.

How big is villa S06/TH13?

2,696 sqft (250.5 sqm): a three-bedroom villa in The Springs 1, completed in 2005.

What is villa S06/TH13 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.

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Mortgage on S06/TH13, The Springs 1

Starts from the last sale price (AED 1.78M, 4 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,775,000
Deposit, UAE resident (20%)
AED 355,000
Deposit, non-resident (40%)
AED 710,000
Monthly over 25 years at 3.7%
AED 7,262

Plus AED 79,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →