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3-bed · 2,345 sqftThe Springs 11, The Springs · completed 2008

S01/TH02, The Springs 11

Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH02 · DLD and Ejari recordsUpdated 20 October 2023
Last soldAED 632K10 November 2008
Current rentAED 133K /yr20 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH02, The Springs 11

What is S01/TH02 worth today?

Last sold for AED 631,888 in 2008

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20 Oct 2023RentedNew contract
AED 133,100/yr12 months · AED 57 per sqft
20 Oct 2021RentedRenewal
AED 110,000/yr12 months · AED 47 per sqft
20 Oct 2020RentedNew contract
AED 100,000/yr12 months · AED 43 per sqft
10 Oct 2019RentedRenewal
AED 122,500/yr12 months · AED 52 per sqft
10 Oct 2018RentedRenewal
AED 130,000/yr12 months · AED 55 per sqft
10 Oct 2017RentedNew contract
AED 140,000/yr12 months · AED 60 per sqft
10 Sep 2016RentedNew contract
AED 162,500/yr12 months · AED 69 per sqft
15 Aug 2015RentedNew contract
AED 170,000/yr12 months · AED 72 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 October 2023.

Key facts

Type
3-bed villa
Size
2,345 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,000 /yr
Last sold
AED 632K · November 2008
Community
The Springs 11

About S01/TH02, The Springs 11

S01/TH02 is a three-bedroom villa of 2,345 sqft in The Springs 11, a villa community in The Springs completed in 2008 by Emaar. The developer sold it on 10 November 2008 for AED 631,888, or AED 269 per sqft, 26% below the AED 363 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 20 October 2023, is AED 133,100 a year: a gross yield of 21.1% on the 2008 price, before the service charge of about AED 5,000 a year.

Sales and rents for S01/TH02 over time

Sales
Villa S01/TH02, each saleTypical three-bed in The Springs 11
02.5M5M20072012201720222027Typical sale price by year: 2007 AED 658,888; 2008 AED 1,040,194; 2009 AED 1,750,000; 2010 AED 1,000,000; 2011 AED 1,022,888; 2012 AED 1,900,000; 2013 AED 2,560,000; 2014 AED 2,900,000; 2015 AED 2,510,000; 2016 AED 2,437,500; 2017 AED 2,575,000; 2018 AED 2,175,000; 2019 AED 1,800,000; 2020 AED 1,825,000; 2021 AED 2,375,000; 2022 AED 2,725,000; 2023 AED 3,500,000; 2024 AED 4,350,000; 2025 AED 5,100,000; 2026 AED 5,575,000Sold by developer, November 2008: AED 631,888 (AED 269 per sqft)

S01/TH02 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH02, each contractTypical three-bed in The Springs 11
100K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 145,000; 2014 AED 165,000; 2015 AED 175,000; 2016 AED 170,000; 2017 AED 160,000; 2018 AED 150,000; 2019 AED 135,000; 2020 AED 120,000; 2021 AED 123,625; 2022 AED 140,000; 2023 AED 165,000; 2024 AED 200,000; 2025 AED 220,000; 2026 AED 220,000New contract, January 2012: AED 115,000 a yearNew contract, January 2013: AED 115,000 a yearNew contract, July 2014: AED 175,000 a yearNew contract, August 2015: AED 170,000 a yearNew contract, September 2016: AED 162,500 a yearNew contract, October 2017: AED 140,000 a yearRenewal, October 2018: AED 130,000 a yearRenewal, October 2019: AED 122,500 a yearNew contract, October 2020: AED 100,000 a yearRenewal, October 2021: AED 110,000 a yearNew contract, October 2023: AED 133,100 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 11, and where S01/TH02 sits

All 241 3-beds →

S01/TH02 last sold in November 2008 at AED 269 per sqft, 26% below what three-beds in The Springs 11 were fetching at the time (AED 363). Over the last 12 months three-beds sold for AED 4,950,000 to 6,725,000, around AED 2,458 per sqft, and rent for AED 115,000 to 400,000 a year. S01/TH02's AED 133,100 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
11 Feb 20265,200,000
9 Feb 20265,950,000
29 Jan 20264,990,000
7 Jan 20266,400,000
9 3-bed sales in the last 12 months

The Springs 11

Community

480 villas, 2-bed to 4-bed in The Springs, completed in 2008 by Emaar. 14 sold in the last 12 months.

Typical price per sqft
AED 2,293 Up 10.2%
Typical sale
AED 5.1M
Typical rent
AED 200K /yr
Typical yield
4.1%
The Springs 11, The Springs: prices, sales and rents →

S01/TH02, The Springs 11 in numbers

  • Sold once: by Emaar on 10 November 2008 for AED 631,888, or AED 269 per sqft.
  • Rented since January 2012 on 11 Ejari contracts. The rent fell from AED 115,000 to AED 100,000 in 2020 and recovered to AED 133,100 by October 2023.
  • At AED 133,100 a year the gross yield on the 2008 price is 21.1%, before a service charge of about AED 5,000 a year (AED 2.13 per sqft).
  • Three-beds in The Springs 11 sold for AED 4,950,000–6,725,000 in the 12 months to November 2026; the community's median across all types is AED 2,293 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 20 October 2023.

Questions about S01/TH02, The Springs 11

What did villa S01/TH02 last sell for?

AED 631,888 on 10 November 2008, sold by the developer: AED 269 per sqft for 2,345 sqft. It is the only registered sale of the villa.

What is the rent for villa S01/TH02?

AED 133,100 a year on the contract signed on 20 October 2023. The previous contract, from October 2021, was AED 110,000; the villa has been rented since January 2012.

How big is villa S01/TH02?

2,345 sqft (217.9 sqm): a three-bedroom villa in The Springs 11, completed in 2008.

What is villa S01/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 11 sold for AED 4,950,000 to 6,725,000 in the last 12 months, around AED 2,458 per sqft.

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Mortgage on S01/TH02, The Springs 11

Starts from the last sale price (AED 632K, 10 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 631,888
Deposit, UAE resident (20%)
AED 126,378
Deposit, non-resident (40%)
AED 252,755
Monthly over 25 years at 3.7%
AED 2,585

Plus AED 31,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →