3-bed · 2,221 sqftThe Springs 1, The Springs · completed 2005

S06/TH55, The Springs 1

Sold prices and rental history: sold twice, last in April 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH55 · DLD and Ejari recordsUpdated 6 April 2017
Last soldAED 2.66M6 April 2017
Current rentAED 175K /yr10 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH55, The Springs 1

What is S06/TH55 worth today?

Last sold for AED 2,660,000 in 2017

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6 Apr 2017SoldReady
AED 2,660,000AED 1,197 per sqft
10 Jun 2016RentedNew contract
AED 175,000/yr12 months · AED 79 per sqft
1 Apr 2014RentedNew contract
AED 162,750/yr12 months · AED 73 per sqft
1 Apr 2013RentedNew contract
AED 155,000/yr12 months · AED 70 per sqft
12 May 2008Sold by developerReady
AED 892,500AED 401 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 April 2017.

Key facts

Type
3-bed villa
Size
2,221 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,700 /yr
Last sold
AED 2.66M · April 2017
Community
The Springs 1

About S06/TH55, The Springs 1

S06/TH55 is a three-bedroom villa of 2,221 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. It last sold on 6 April 2017 for AED 2,660,000, or AED 1,197 per sqft, in line with the AED 1,165 three-beds in the community were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 10 June 2016, is AED 175,000 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 4,700 a year.

Sales and rents for S06/TH55 over time

Sales
Villa S06/TH55, 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, May 2008: AED 892,500 (AED 401 per sqft)Sold, April 2017: AED 2,660,000 (AED 1,197 per sqft)

S06/TH55 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S06/TH55, 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, April 2013: AED 155,000 a yearNew contract, April 2014: AED 162,750 a yearNew contract, June 2016: AED 175,000 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/TH55 sits

All 95 3-beds →

S06/TH55 last sold in April 2017 at AED 1,197 per sqft, in line with what three-beds in The Springs 1 were fetching at the time (AED 1,165). 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/TH55's AED 175,000 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
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/TH55, The Springs 1 in numbers

  • Sold twice: first on 12 May 2008 for AED 892,500, last on 6 April 2017 for AED 2,660,000 (AED 1,197 per sqft).
  • Rented since April 2013 on 3 Ejari contracts, from AED 155,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2017 price is 6.6%, before a service charge of about AED 4,700 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 2,395 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 6 April 2017.

Questions about S06/TH55, The Springs 1

What did villa S06/TH55 last sell for?

AED 2,660,000 on 6 April 2017: AED 1,197 per sqft for 2,221 sqft. The villa has 2 registered sales; the first was AED 892,500 in May 2008.

What is the rent for villa S06/TH55?

AED 175,000 a year on the contract signed on 10 June 2016. The previous contract, from April 2014, was AED 162,750; the villa has been rented since April 2013.

How big is villa S06/TH55?

2,221 sqft (206.3 sqm): a three-bedroom villa in The Springs 1, completed in 2005.

What is villa S06/TH55 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/TH55, The Springs 1

Starts from the last sale price (AED 2.66M, 6 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,660,000
Deposit, UAE resident (20%)
AED 532,000
Deposit, non-resident (40%)
AED 1,064,000
Monthly over 25 years at 3.7%
AED 10,883

Plus AED 116,730 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →