2-bed · 1,763 sqftThe Springs 10, The Springs · completed 2005

S01/TH58, The Springs 10

Sold prices and rental history: sold twice, last in September 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH58 · DLD and Ejari recordsUpdated 21 September 2015
Last soldAED 2M21 September 2015
Current rentAED 105K /yr1 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH58, The Springs 10

What is S01/TH58 worth today?

Last sold for AED 2,000,000 in 2015

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21 Sep 2015SoldReady
AED 2,000,000AED 1,134 per sqft
1 Apr 2015RentedNew contract
AED 105,000/yr12 months · AED 60 per sqft
1 Apr 2014RentedNew contract
AED 90,000/yr12 months · AED 51 per sqft
1 Apr 2013RentedNew contract
AED 78,000/yr12 months · AED 44 per sqft
1 Apr 2012RentedNew contract
AED 78,000/yr12 months · AED 44 per sqft
17 Sep 2007Sold by developerReady
AED 496,888AED 281 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 September 2015.

Key facts

Type
2-bed villa
Size
1,763 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,800 /yr
Last sold
AED 2M · September 2015

About S01/TH58, The Springs 10

S01/TH58 is a two-bedroom villa of 1,763 sqft in The Springs 10, a villa community in The Springs completed in 2005 by Emaar. It last sold on 21 September 2015 for AED 2,000,000, or AED 1,134 per sqft, 7% above the AED 1,056 two-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 April 2015, is AED 105,000 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 3,800 a year.

Sales and rents for S01/TH58 over time

Sales
Villa S01/TH58, 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 496,888 (AED 281 per sqft)Sold, September 2015: AED 2,000,000 (AED 1,134 per sqft)

S01/TH58 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S01/TH58, 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, April 2012: AED 78,000 a yearNew contract, April 2013: AED 78,000 a yearNew contract, April 2014: AED 90,000 a yearNew contract, April 2015: AED 105,000 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/TH58 sits

All 129 2-beds →

S01/TH58 last sold in September 2015 at AED 1,134 per sqft, 7% above what two-beds in The Springs 10 were fetching at the time (AED 1,056). 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/TH58's AED 105,000 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/TH58, The Springs 10 in numbers

  • Sold twice: first on 17 September 2007 for AED 496,888, last on 21 September 2015 for AED 2,000,000 (AED 1,134 per sqft).
  • Rented since April 2012 on 4 Ejari contracts, from AED 78,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2015 price is 5.3%, before a service charge of about AED 3,800 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 21 September 2015.

Questions about S01/TH58, The Springs 10

What did villa S01/TH58 last sell for?

AED 2,000,000 on 21 September 2015: AED 1,134 per sqft for 1,763 sqft. The villa has 2 registered sales; the first was AED 496,888 in September 2007.

What is the rent for villa S01/TH58?

AED 105,000 a year on the contract signed on 1 April 2015. The previous contract, from April 2014, was AED 90,000; the villa has been rented since April 2012.

How big is villa S01/TH58?

1,763 sqft (163.8 sqm): a two-bedroom villa in The Springs 10, completed in 2005.

What is villa S01/TH58 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/TH58, The Springs 10

Starts from the last sale price (AED 2M, 21 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →