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3-bed · 2,700 sqftThe Springs 1, The Springs · completed 2005

S06/TH15, The Springs 1

Sold prices and rental history: sold twice, last in February 2013, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH15 · DLD and Ejari recordsUpdated 1 July 2018
Last soldAED 3.28M7 February 2013
Current rentAED 40K /yr1 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH15, The Springs 1

What is S06/TH15 worth today?

Last sold for AED 3,275,000 in 2013

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1 Jul 2018RentedRenewal · flagged as an outlier
AED 40,000/yr60 months · AED 15 per sqft
1 Jul 2013RentedNew contract · flagged as an outlier
AED 40,000/yr60 months · AED 15 per sqft
7 Feb 2013SoldReady
AED 3,275,000AED 1,213 per sqft
1 Jul 2012RentedNew contract
AED 180,000/yr12 months · AED 67 per sqft
9 Oct 2008Sold by developerReady
AED 2,700,000AED 1,000 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2018.

Key facts

Type
3-bed villa
Size
2,700 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,800 /yr
Last sold
AED 3.28M · February 2013
Community
The Springs 1

About S06/TH15, The Springs 1

S06/TH15 is a three-bedroom villa of 2,700 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. It last sold on 7 February 2013 for AED 3,275,000, or AED 1,213 per sqft, 21% above the AED 1,006 three-beds in the community were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, renewed on 1 July 2018, is AED 40,000 a year: a gross yield of 1.2% on the 2013 price, before the service charge of about AED 5,800 a year.

Sales and rents for S06/TH15 over time

Sales
Villa S06/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 2008: AED 2,700,000 (AED 1,000 per sqft)Sold, February 2013: AED 3,275,000 (AED 1,213 per sqft)

S06/TH15 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S06/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, July 2012: AED 180,000 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/TH15 sits

All 95 3-beds →

S06/TH15 last sold in February 2013 at AED 1,213 per sqft, 21% above what three-beds in The Springs 1 were fetching at the time (AED 1,006). 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/TH15's AED 40,000 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 →

S06/TH15, The Springs 1 in numbers

  • Sold twice: first on 9 October 2008 for AED 2,700,000, last on 7 February 2013 for AED 3,275,000 (AED 1,213 per sqft).
  • Rented since July 2012 on 3 Ejari contracts, from AED 180,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2013 price is 1.2%, before a service charge of about AED 5,800 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 1 July 2018.

Questions about S06/TH15, The Springs 1

What did villa S06/TH15 last sell for?

AED 3,275,000 on 7 February 2013: AED 1,213 per sqft for 2,700 sqft. The villa has 2 registered sales; the first was AED 2,700,000 in October 2008.

What is the rent for villa S06/TH15?

AED 40,000 a year on the contract renewed on 1 July 2018. The previous contract, from July 2013, was AED 40,000; the villa has been rented since July 2012.

How big is villa S06/TH15?

2,700 sqft (250.8 sqm): a three-bedroom villa in The Springs 1, completed in 2005.

What is villa S06/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.

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Mortgage on S06/TH15, The Springs 1

Starts from the last sale price (AED 3.28M, 7 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,275,000
Deposit, UAE resident (20%)
AED 655,000
Deposit, non-resident (40%)
AED 1,310,000
Monthly over 25 years at 3.7%
AED 13,399

Plus AED 142,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →