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2-bed · 1,698 sqftThe Springs 1, The Springs · completed 2005

S06/TH41, The Springs 1

Sold prices and rental history: sold 3 times, last in December 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH41 · DLD and Ejari recordsUpdated 10 August 2024
Last soldAED 2.28M24 December 2013
Current rentAED 150K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH41, The Springs 1

What is S06/TH41 worth today?

Last sold for AED 2,275,000 in 2013

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10 Aug 2024RentedNew contract
AED 150,000/yr12 months · AED 88 per sqft
2 Oct 2023RentedRenewal
AED 96,800/yr9 months · AED 57 per sqft
2 Oct 2022RentedRenewal
AED 88,000/yr12 months · AED 52 per sqft
2 Oct 2020RentedNew contract
AED 73,000/yr12 months · AED 43 per sqft
1 Sep 2019RentedRenewal
AED 100,000/yr12 months · AED 59 per sqft
1 Sep 2018RentedNew contract
AED 110,000/yr12 months · AED 65 per sqft
25 Aug 2017RentedRenewal
AED 126,000/yr12 months · AED 74 per sqft
25 Aug 2016RentedRenewal
AED 135,000/yr12 months · AED 79 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 August 2024.

Key facts

Type
2-bed villa
Size
1,698 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,600 /yr
Last sold
AED 2.28M · December 2013
Community
The Springs 1

About S06/TH41, The Springs 1

S06/TH41 is a two-bedroom villa of 1,698 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. It last sold on 24 December 2013 for AED 2,275,000, or AED 1,339 per sqft, 23% above the AED 1,087 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 10 August 2024, is AED 150,000 a year: a gross yield of 6.6% on the 2013 price, before the service charge of about AED 3,600 a year.

Sales and rents for S06/TH41 over time

Sales
Villa S06/TH41, 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, April 2008: AED 2,150,000 (AED 1,266 per sqft)Sold, April 2008: AED 648,888 (AED 382 per sqft)Sold, December 2013: AED 2,275,000 (AED 1,339 per sqft)

S06/TH41 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S06/TH41, 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, August 2014: AED 135,000 a yearRenewal, August 2015: AED 135,000 a yearRenewal, August 2016: AED 135,000 a yearRenewal, August 2017: AED 126,000 a yearNew contract, September 2018: AED 110,000 a yearRenewal, September 2019: AED 100,000 a yearNew contract, October 2020: AED 73,000 a yearRenewal, October 2022: AED 88,000 a yearRenewal, October 2023: AED 96,800 a yearNew contract, August 2024: AED 150,000 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/TH41 sits

All 132 2-beds →

S06/TH41 last sold in December 2013 at AED 1,339 per sqft, 23% above what two-beds in The Springs 1 were fetching at the time (AED 1,087). 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/TH41's AED 150,000 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. 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/TH41, The Springs 1 in numbers

  • Sold 3 times: first on 24 April 2008 for AED 648,888, last on 24 December 2013 for AED 2,275,000 (AED 1,339 per sqft).
  • Rented since August 2014 on 10 Ejari contracts. The rent fell from AED 135,000 to AED 73,000 in 2020 and recovered to AED 150,000 by August 2024.
  • At AED 150,000 a year the gross yield on the 2013 price is 6.6%, 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 2,395 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 August 2024.

Questions about S06/TH41, The Springs 1

What did villa S06/TH41 last sell for?

AED 2,275,000 on 24 December 2013: AED 1,339 per sqft for 1,698 sqft. The villa has 3 registered sales; the first was AED 648,888 in April 2008.

What is the rent for villa S06/TH41?

AED 150,000 a year on the contract signed on 10 August 2024. The previous contract, from October 2023, was AED 96,800; the villa has been rented since August 2014.

How big is villa S06/TH41?

1,698 sqft (157.7 sqm): a two-bedroom villa in The Springs 1, completed in 2005.

What is villa S06/TH41 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/TH41, The Springs 1

Starts from the last sale price (AED 2.28M, 24 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,275,000
Deposit, UAE resident (20%)
AED 455,000
Deposit, non-resident (40%)
AED 910,000
Monthly over 25 years at 3.7%
AED 9,308

Plus AED 100,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →