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3-bed · 2,354 sqftThe Springs 1, The Springs · completed 2005

S08/TH03, The Springs 1

Sold prices and rental history: sold 3 times, last in May 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S08/TH03 · DLD and Ejari recordsUpdated 24 May 2016
Last soldAED 2.5M24 May 2016
Current rentAED 156K /yr1 May 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S08/TH03, The Springs 1

What is S08/TH03 worth today?

Last sold for AED 2,500,000 in 2016

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24 May 2016SoldReady
AED 2,500,000AED 1,061 per sqft
1 May 2015RentedNew contract
AED 156,000/yr12 months · AED 66 per sqft
1 May 2014RentedNew contract
AED 156,000/yr12 months · AED 66 per sqft
1 May 2013RentedNew contract
AED 156,000/yr12 months · AED 66 per sqft
1 May 2012RentedNew contract
AED 156,000/yr12 months · AED 66 per sqft
3 Mar 2009Sold by developerReady
AED 936,888AED 397 per sqft
3 Mar 2009SoldReady
AED 1,957,000AED 831 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 May 2016.

Key facts

Type
3-bed villa
Size
2,354 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 2.5M · May 2016
Community
The Springs 1

About S08/TH03, The Springs 1

S08/TH03 is a three-bedroom villa of 2,354 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. It last sold on 24 May 2016 for AED 2,500,000, or AED 1,061 per sqft, 6% below the AED 1,134 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 1 May 2015, is AED 156,000 a year: a gross yield of 6.2% on the 2016 price, before the service charge of about AED 5,000 a year.

Sales and rents for S08/TH03 over time

Sales
Villa S08/TH03, 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, March 2009: AED 936,888 (AED 397 per sqft)Sold, March 2009: AED 1,957,000 (AED 831 per sqft)Sold, May 2016: AED 2,500,000 (AED 1,061 per sqft)

S08/TH03 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S08/TH03, 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, May 2012: AED 156,000 a yearNew contract, May 2013: AED 156,000 a yearNew contract, May 2014: AED 156,000 a yearNew contract, May 2015: AED 156,000 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 S08/TH03 sits

All 95 3-beds →

S08/TH03 last sold in May 2016 at AED 1,061 per sqft, 6% below what three-beds in The Springs 1 were fetching at the time (AED 1,134). 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. S08/TH03's AED 156,000 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 →

S08/TH03, The Springs 1 in numbers

  • Sold 3 times: first on 3 March 2009 for AED 1,957,000, last on 24 May 2016 for AED 2,500,000 (AED 1,061 per sqft).
  • Rented since May 2012 on 4 Ejari contracts, at AED 156,000 a year.
  • At AED 156,000 a year the gross yield on the 2016 price is 6.2%, before a service charge of about AED 5,000 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 24 May 2016.

Questions about S08/TH03, The Springs 1

What did villa S08/TH03 last sell for?

AED 2,500,000 on 24 May 2016: AED 1,061 per sqft for 2,354 sqft. The villa has 3 registered sales; the first was AED 1,957,000 in March 2009.

What is the rent for villa S08/TH03?

AED 156,000 a year on the contract signed on 1 May 2015. The previous contract, from May 2014, was AED 156,000; the villa has been rented since May 2012.

How big is villa S08/TH03?

2,354 sqft (218.7 sqm): a three-bedroom villa in The Springs 1, completed in 2005.

What is villa S08/TH03 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 S08/TH03, The Springs 1

Starts from the last sale price (AED 2.5M, 24 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →