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

S09/TH15, The Springs 1

Sold prices and rental history: sold once, by the developer in January 2009, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH15 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 819K14 January 2009
Current rentAED 192K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH15, The Springs 1

What is S09/TH15 worth today?

Last sold for AED 818,888 in 2009

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1 Aug 2023RentedRenewal
AED 192,000/yr12 months · AED 82 per sqft
1 Aug 2022RentedNew contract
AED 160,000/yr12 months · AED 68 per sqft
1 Oct 2021RentedRenewal
AED 120,000/yr10 months · AED 51 per sqft
1 Oct 2019RentedRenewal
AED 127,500/yr12 months · AED 54 per sqft
1 Oct 2018RentedNew contract
AED 130,000/yr12 months · AED 55 per sqft
16 Sep 2017RentedRenewal
AED 155,000/yr12 months · AED 66 per sqft
16 Sep 2016RentedRenewal
AED 175,000/yr12 months · AED 74 per sqft
16 Sep 2016RentedNew contract
AED 170,000/yr12 months · AED 72 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2023.

Key facts

Type
3-bed villa
Size
2,354 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 819K · January 2009
Community
The Springs 1

About S09/TH15, The Springs 1

S09/TH15 is a three-bedroom villa of 2,354 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 14 January 2009 for AED 818,888, or AED 347 per sqft, 45% below the AED 626 three-beds in the community were fetching at the time.

It has been rented continuously since 2011 on 12 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 192,000 a year: a gross yield of 23.4% on the 2009 price, before the service charge of about AED 5,000 a year.

Sales and rents for S09/TH15 over time

Sales
Villa S09/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, January 2009: AED 818,888 (AED 347 per sqft)

S09/TH15 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S09/TH15, each contractTypical three-bed in The Springs 1
100K200K2011201520192023Typical 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, December 2011: AED 125,000 a yearNew contract, July 2014: AED 132,857 a yearNew contract, July 2014: AED 132,857 a yearNew contract, September 2015: AED 175,000 a yearRenewal, September 2016: AED 175,000 a yearNew contract, September 2016: AED 170,000 a yearRenewal, September 2017: AED 155,000 a yearNew contract, October 2018: AED 130,000 a yearRenewal, October 2019: AED 127,500 a yearRenewal, October 2021: AED 120,000 a yearNew contract, August 2022: AED 160,000 a yearRenewal, August 2023: AED 192,000 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 S09/TH15 sits

All 95 3-beds →

S09/TH15 last sold in January 2009 at AED 347 per sqft, 45% below what three-beds in The Springs 1 were fetching at the time (AED 626). 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. S09/TH15's AED 192,000 is in the lower half 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 →

S09/TH15, The Springs 1 in numbers

  • Sold once: by Emaar on 14 January 2009 for AED 818,888, or AED 347 per sqft.
  • Rented since December 2011 on 12 Ejari contracts, from AED 125,000 to AED 192,000 a year.
  • At AED 192,000 a year the gross yield on the 2009 price is 23.4%, 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 1 August 2023.

Questions about S09/TH15, The Springs 1

What did villa S09/TH15 last sell for?

AED 818,888 on 14 January 2009, sold by the developer: AED 347 per sqft for 2,354 sqft. It is the only registered sale of the villa.

What is the rent for villa S09/TH15?

AED 192,000 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 160,000; the villa has been rented since December 2011.

How big is villa S09/TH15?

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

What is villa S09/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 S09/TH15, The Springs 1

Starts from the last sale price (AED 819K, 14 January 2009). Switch to today's estimate once you have unlocked it.
Price
AED 818,888
Deposit, UAE resident (20%)
AED 163,778
Deposit, non-resident (40%)
AED 327,555
Monthly over 25 years at 3.7%
AED 3,350

Plus AED 39,404 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →