3-bed · 2,345 sqftThe Springs 10, The Springs · completed 2005

S06/TH02, The Springs 10

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH02 · DLD and Ejari recordsUpdated 7 July 2024
Last soldAED 3.95M12 May 2023
Current rentAED 300K /yr7 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH02, The Springs 10

What is S06/TH02 worth today?

Last sold for AED 3,950,000 in 2023

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7 Jul 2024RentedRenewal
AED 300,000/yr12 months · AED 128 per sqft
7 Jul 2023RentedNew contract
AED 300,000/yr12 months · AED 128 per sqft
12 May 2023SoldReady
AED 3,950,000AED 1,684 per sqft
30 Aug 2022SoldReady
AED 2,400,000AED 1,023 per sqft
1 Aug 2021RentedRenewal
AED 130,000/yr12 months · AED 55 per sqft
1 Aug 2020RentedNew contract
AED 130,000/yr12 months · AED 55 per sqft
1 Aug 2019RentedRenewal
AED 129,655/yr7 months · AED 55 per sqft
1 Aug 2018RentedNew contract
AED 125,000/yr12 months · AED 53 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 July 2024.

Key facts

Type
3-bed villa
Size
2,345 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 3.95M · May 2023

About S06/TH02, The Springs 10

S06/TH02 is a three-bedroom villa of 2,345 sqft in The Springs 10, a villa community in The Springs completed in 2005 by Emaar. It last sold on 12 May 2023 for AED 3,950,000, or AED 1,684 per sqft, 42% above the AED 1,189 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 7 July 2024, is AED 300,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 5,000 a year.

Sales and rents for S06/TH02 over time

Sales
Villa S06/TH02, each saleTypical three-bed in The Springs 10
02M4M2007201220172022Typical sale price by year: 2007 AED 630,888; 2008 AED 1,400,000; 2009 AED 957,888; 2010 AED 896,388; 2011 AED 1,550,000; 2012 AED 1,825,000; 2013 AED 2,500,000; 2014 AED 2,900,000; 2015 AED 2,796,750; 2016 AED 2,475,000; 2017 AED 2,450,000; 2018 AED 2,200,000; 2019 AED 2,000,000; 2020 AED 1,800,000; 2021 AED 2,500,000; 2022 AED 2,725,000; 2023 AED 3,575,000; 2024 AED 4,225,000; 2025 AED 4,977,500Sold by developer, May 2008: AED 322,444 (AED 137 per sqft)Sold, August 2022: AED 2,400,000 (AED 1,023 per sqft)Sold, May 2023: AED 3,950,000 (AED 1,684 per sqft)

S06/TH02 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S06/TH02, each contractTypical three-bed in The Springs 10
100K200K300K20112015201920232027Typical rent by year: 2011 AED 100,000; 2012 AED 140,000; 2013 AED 147,500; 2014 AED 170,000; 2015 AED 175,000; 2016 AED 168,000; 2017 AED 160,000; 2018 AED 145,000; 2019 AED 135,000; 2020 AED 120,000; 2021 AED 125,000; 2022 AED 135,000; 2023 AED 154,500; 2024 AED 190,000; 2025 AED 210,000; 2026 AED 260,000New contract, May 2014: AED 156,000 a yearNew contract, November 2014: AED 156,000 a yearNew contract, July 2017: AED 140,000 a yearNew contract, August 2018: AED 125,000 a yearRenewal, August 2019: AED 129,655 a yearNew contract, August 2020: AED 130,000 a yearRenewal, August 2021: AED 130,000 a yearNew contract, July 2023: AED 300,000 a yearRenewal, July 2024: AED 300,000 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 10, and where S06/TH02 sits

All 188 3-beds →

S06/TH02 last sold in May 2023 at AED 1,684 per sqft, 42% above what three-beds in The Springs 10 were fetching at the time (AED 1,189). Over the last 12 months three-beds sold for AED 6,000,000 to 7,300,000, around AED 2,542 per sqft, and rent for AED 100,000 to 375,000 a year. S06/TH02's AED 300,000 is in the upper half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
15 Jan 20266,865,000
6 Jan 20267,300,000
8 Dec 20256,000,000
7 Nov 20254,700,000
3 3-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 →

S06/TH02, The Springs 10 in numbers

  • Sold 3 times: first on 1 May 2008 for AED 322,444, last on 12 May 2023 for AED 3,950,000 (AED 1,684 per sqft).
  • Rented since May 2014 on 9 Ejari contracts. The rent fell from AED 156,000 to AED 125,000 in 2018 and recovered to AED 300,000 by July 2024.
  • At AED 300,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 5,000 a year (AED 2.13 per sqft).
  • Three-beds in The Springs 10 sold for AED 6,000,000–7,300,000 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 7 July 2024.

Questions about S06/TH02, The Springs 10

What did villa S06/TH02 last sell for?

AED 3,950,000 on 12 May 2023: AED 1,684 per sqft for 2,345 sqft. The villa has 3 registered sales; the first was AED 322,444 in May 2008.

What is the rent for villa S06/TH02?

AED 300,000 a year on the contract renewed on 7 July 2024. The previous contract, from July 2023, was AED 300,000; the villa has been rented since May 2014.

How big is villa S06/TH02?

2,345 sqft (217.9 sqm): a three-bedroom villa in The Springs 10, completed in 2005.

What is villa S06/TH02 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 10 sold for AED 6,000,000 to 7,300,000 in the last 12 months, around AED 2,542 per sqft.

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Mortgage on S06/TH02, The Springs 10

Starts from the last sale price (AED 3.95M, 12 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,950,000
Deposit, UAE resident (20%)
AED 790,000
Deposit, non-resident (40%)
AED 1,580,000
Monthly over 25 years at 3.7%
AED 16,161

Plus AED 170,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →