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2-bed · 1,687 sqftThe Springs 1, The Springs · completed 2005

S06/TH28, The Springs 1

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH28 · DLD and Ejari recordsUpdated 8 July 2024
Last soldAED 2.9M8 July 2024
Current rentAED 103K /yr9 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH28, The Springs 1

What is S06/TH28 worth today?

Last sold for AED 2,900,000 in 2024

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8 Jul 2024SoldReady
AED 2,900,000AED 1,719 per sqft
9 Nov 2023RentedRenewal
AED 102,850/yr12 months · AED 61 per sqft
9 Nov 2022RentedRenewal
AED 93,500/yr12 months · AED 55 per sqft
9 Nov 2021RentedRenewal
AED 85,000/yr12 months · AED 50 per sqft
9 Nov 2020RentedNew contract
AED 85,000/yr12 months · AED 50 per sqft
27 Feb 2019RentedNew contract
AED 95,000/yr12 months · AED 56 per sqft
27 Jan 2018RentedNew contract
AED 95,000/yr12 months · AED 56 per sqft
10 Apr 2016RentedRenewal
AED 126,000/yr12 months · AED 75 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 July 2024.

Key facts

Type
2-bed villa
Size
1,687 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,600 /yr
Last sold
AED 2.9M · July 2024
Community
The Springs 1

About S06/TH28, The Springs 1

S06/TH28 is a two-bedroom villa of 1,687 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. It last sold on 8 July 2024 for AED 2,900,000, or AED 1,719 per sqft, 10% above the AED 1,560 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 9 November 2023, is AED 102,850 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 3,600 a year.

Sales and rents for S06/TH28 over time

Sales
Villa S06/TH28, 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 by developer, October 2012: AED 700,000 (AED 415 per sqft)Sold, July 2024: AED 2,900,000 (AED 1,719 per sqft)

S06/TH28 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S06/TH28, 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, April 2013: AED 120,000 a yearNew contract, April 2014: AED 126,000 a yearNew contract, April 2015: AED 126,000 a yearRenewal, April 2016: AED 126,000 a yearNew contract, January 2018: AED 95,000 a yearNew contract, February 2019: AED 95,000 a yearNew contract, November 2020: AED 85,000 a yearRenewal, November 2021: AED 85,000 a yearRenewal, November 2022: AED 93,500 a yearRenewal, November 2023: AED 102,850 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/TH28 sits

All 132 2-beds →

S06/TH28 last sold in July 2024 at AED 1,719 per sqft, 10% above what two-beds in The Springs 1 were fetching at the time (AED 1,560). 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/TH28's AED 102,850 is at the bottom 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/TH28, The Springs 1 in numbers

  • Sold twice: first on 3 October 2012 for AED 700,000, last on 8 July 2024 for AED 2,900,000 (AED 1,719 per sqft).
  • Rented since April 2013 on 10 Ejari contracts. The rent fell from AED 120,000 to AED 85,000 in 2021 and recovered to AED 102,850 by November 2023.
  • At AED 102,850 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 3,600 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 8 July 2024.

Questions about S06/TH28, The Springs 1

What did villa S06/TH28 last sell for?

AED 2,900,000 on 8 July 2024: AED 1,719 per sqft for 1,687 sqft. The villa has 2 registered sales; the first was AED 700,000 in October 2012.

What is the rent for villa S06/TH28?

AED 102,850 a year on the contract renewed on 9 November 2023. The previous contract, from November 2022, was AED 93,500; the villa has been rented since April 2013.

How big is villa S06/TH28?

1,687 sqft (156.7 sqm): a two-bedroom villa in The Springs 1, completed in 2005.

What is villa S06/TH28 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/TH28, The Springs 1

Starts from the last sale price (AED 2.9M, 8 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

Plus AED 126,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →