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2-bed · 1,647 sqftThe Springs 10, The Springs · completed 2005

S04/TH23, The Springs 10

Sold prices and rental history: sold once, by the developer in December 2007, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH23 · DLD and Ejari recordsUpdated 20 May 2021
Last soldAED 230K5 December 2007
Current rentAED 75K /yr20 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH23, The Springs 10

What is S04/TH23 worth today?

Last sold for AED 230,444 in 2007

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20 May 2021RentedRenewal
AED 75,000/yr12 months · AED 46 per sqft
1 Aug 2019RentedNew contract
AED 84,996/yr1 months · AED 52 per sqft
1 Jun 2018RentedNew contract
AED 95,000/yr12 months · AED 58 per sqft
16 Jun 2017RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
6 Apr 2015RentedNew contract
AED 129,000/yr12 months · AED 78 per sqft
5 Dec 2007Sold by developerReady
AED 230,444AED 139 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 May 2021.

Key facts

Type
2-bed villa
Size
1,647 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 230K · December 2007
Community
The Springs 10

About S04/TH23, The Springs 10

S04/TH23 is a two-bedroom villa of 1,647 sqft in The Springs 10, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 5 December 2007 for AED 230,444, or AED 139 per sqft, 50% below the AED 280 two-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 20 May 2021, is AED 75,000 a year: a gross yield of 32.6% on the 2007 price, before the service charge of about AED 3,500 a year.

Sales and rents for S04/TH23 over time

Sales
Villa S04/TH23, each saleTypical two-bed in The Springs 10
02M4M20072012201720222027Typical 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, December 2007: AED 230,444 (AED 139 per sqft)

S04/TH23 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S04/TH23, 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 2015: AED 129,000 a yearNew contract, June 2017: AED 120,000 a yearNew contract, June 2018: AED 95,000 a yearNew contract, August 2019: AED 84,996 a yearRenewal, May 2021: AED 75,000 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 S04/TH23 sits

All 129 2-beds →

S04/TH23 last sold in December 2007 at AED 139 per sqft, 50% below what two-beds in The Springs 10 were fetching at the time (AED 280). 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. S04/TH23's AED 75,000 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 176K /yr
Typical yield
4.0%
The Springs 10, The Springs: prices, sales and rents →

S04/TH23, The Springs 10 in numbers

  • Sold once: by Emaar on 5 December 2007 for AED 230,444, or AED 139 per sqft.
  • Rented since April 2015 on 5 Ejari contracts, from AED 129,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2007 price is 32.6%, 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 20 May 2021.

Questions about S04/TH23, The Springs 10

What did villa S04/TH23 last sell for?

AED 230,444 on 5 December 2007, sold by the developer: AED 139 per sqft for 1,647 sqft. It is the only registered sale of the villa.

What is the rent for villa S04/TH23?

AED 75,000 a year on the contract renewed on 20 May 2021. The previous contract, from August 2019, was AED 84,996; the villa has been rented since April 2015.

How big is villa S04/TH23?

1,647 sqft (153.0 sqm): a two-bedroom villa in The Springs 10, completed in 2005.

What is villa S04/TH23 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 S04/TH23, The Springs 10

Starts from the last sale price (AED 230K, 5 December 2007). Switch to today's estimate once you have unlocked it.
Price
AED 230,444
Deposit, UAE resident (20%)
AED 46,089
Deposit, non-resident (40%)
AED 92,178
Monthly over 25 years at 3.7%
AED 943

Plus AED 12,589 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →