2-bed · 1,637 sqftThe Springs 10, The Springs · completed 2005

S01/TH48, The Springs 10

Sold prices and rental history: sold 3 times, last in November 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH48 · DLD and Ejari recordsUpdated 14 November 2021
Last soldAED 1.7M14 November 2021
Current rentAED 70K /yr20 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH48, The Springs 10

What is S01/TH48 worth today?

Last sold for AED 1,700,000 in 2021

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14 Nov 2021SoldReady
AED 1,700,000AED 1,038 per sqft
20 Sep 2020RentedNew contract
AED 70,000/yr12 months · AED 43 per sqft
10 Jan 2020RentedRenewal
AED 90,000/yr6 months · AED 55 per sqft
1 Mar 2018RentedRenewal
AED 96,000/yr12 months · AED 59 per sqft
1 Mar 2017RentedRenewal
AED 105,000/yr12 months · AED 64 per sqft
1 Mar 2016RentedRenewal
AED 105,000/yr12 months · AED 64 per sqft
1 Mar 2014RentedNew contract
AED 90,000/yr24 months · AED 55 per sqft
1 Mar 2013RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 November 2021.

Key facts

Type
2-bed villa
Size
1,637 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 1.7M · November 2021

About S01/TH48, The Springs 10

S01/TH48 is a two-bedroom villa of 1,637 sqft in The Springs 10, a villa community in The Springs completed in 2005 by Emaar. It last sold on 14 November 2021 for AED 1,700,000, or AED 1,038 per sqft, 16% above the AED 892 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 20 September 2020, is AED 70,000 a year: a gross yield of 4.1% on the 2021 price, before the service charge of about AED 3,500 a year.

Sales and rents for S01/TH48 over time

Sales
Villa S01/TH48, each saleTypical two-bed in The Springs 10
02M20072012201720222027Typical sale price by year: 2007 AED 460,888; 2008 AED 887,500; 2009 AED 887,500; 2010 AED 1,045,000; 2011 AED 935,000; 2012 AED 1,317,500; 2013 AED 1,650,000; 2014 AED 2,250,000; 2015 AED 1,700,000; 2016 AED 1,700,000; 2017 AED 1,575,000; 2018 AED 1,565,000; 2019 AED 1,540,000; 2020 AED 1,170,000; 2021 AED 1,585,000; 2022 AED 2,000,000; 2023 AED 2,175,000; 2024 AED 2,700,000; 2025 AED 3,450,000; 2026 AED 3,250,000Sold by developer, September 2007: AED 950,000 (AED 580 per sqft)Sold, August 2009: AED 1,400,000 (AED 855 per sqft)Sold, November 2021: AED 1,700,000 (AED 1,038 per sqft)

S01/TH48 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S01/TH48, each contractTypical two-bed in The Springs 10
100K150K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 98,150; 2014 AED 120,000; 2015 AED 130,000; 2016 AED 130,000; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 80,000; 2021 AED 85,000; 2022 AED 94,750; 2023 AED 120,000; 2024 AED 140,000; 2025 AED 150,000; 2026 AED 162,500New contract, March 2013: AED 80,000 a yearNew contract, March 2014: AED 90,000 a yearRenewal, March 2016: AED 105,000 a yearRenewal, March 2017: AED 105,000 a yearRenewal, March 2018: AED 96,000 a yearRenewal, January 2020: AED 90,000 a yearNew contract, September 2020: AED 70,000 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 10, and where S01/TH48 sits

All 129 2-beds →

S01/TH48 last sold in November 2021 at AED 1,038 per sqft, 16% above what two-beds in The Springs 10 were fetching at the time (AED 892). Over the last 12 months two-beds sold for AED 2,915,000 to 4,750,000, around AED 2,099 per sqft, and rent for AED 113,300 to 230,000 a year. S01/TH48's AED 70,000 is at the bottom of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
2 Feb 20263,300,000
20 Jan 20262,915,000
19 Jan 20263,200,000
7 Jan 20264,200,000
10 2-bed sales in the last 12 months

The Springs 10

Community

317 villas, 2-bed to 3-bed in The Springs, completed in 2005 by Emaar. 13 sold in the last 12 months.

Typical price per sqft
AED 2,267 Up 11.5%
Typical sale
AED 4M
Typical rent
AED 172K /yr
Typical yield
4.0%
The Springs 10, The Springs: prices, sales and rents →

S01/TH48, The Springs 10 in numbers

  • Sold 3 times: first on 5 September 2007 for AED 950,000, last on 14 November 2021 for AED 1,700,000 (AED 1,038 per sqft).
  • Rented since March 2013 on 7 Ejari contracts, from AED 80,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 4.1%, before a service charge of about AED 3,500 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 10 sold for AED 2,915,000–4,750,000 in the 12 months to November 2026; the community's median across all types is AED 2,267 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 14 November 2021.

Questions about S01/TH48, The Springs 10

What did villa S01/TH48 last sell for?

AED 1,700,000 on 14 November 2021: AED 1,038 per sqft for 1,637 sqft. The villa has 3 registered sales; the first was AED 950,000 in September 2007.

What is the rent for villa S01/TH48?

AED 70,000 a year on the contract signed on 20 September 2020. The previous contract, from January 2020, was AED 90,000; the villa has been rented since March 2013.

How big is villa S01/TH48?

1,637 sqft (152.1 sqm): a two-bedroom villa in The Springs 10, completed in 2005.

What is villa S01/TH48 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 10 sold for AED 2,915,000 to 4,750,000 in the last 12 months, around AED 2,099 per sqft.

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Mortgage on S01/TH48, The Springs 10

Starts from the last sale price (AED 1.7M, 14 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →