3-bed · 2,300 sqftThe Springs 11, The Springs · completed 2008

S01/TH05, The Springs 11

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH05 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 3.8M22 July 2024
Current rentAED 140K /yr15 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH05, The Springs 11

What is S01/TH05 worth today?

Last sold for AED 3,800,000 in 2024

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22 Jul 2024SoldReady
AED 3,800,000AED 1,652 per sqft
15 Feb 2024RentedRenewal
AED 139,910/yr12 months · AED 61 per sqft
15 Feb 2020RentedRenewal
AED 115,000/yr12 months · AED 50 per sqft
15 Feb 2019RentedNew contract
AED 125,000/yr12 months · AED 54 per sqft
21 Jan 2018RentedNew contract
AED 135,000/yr12 months · AED 59 per sqft
1 Feb 2017RentedRenewal
AED 240,000/yr12 months · AED 104 per sqft
1 Feb 2015RentedNew contract
AED 231,000/yr12 months · AED 100 per sqft
1 Feb 2014RentedNew contract
AED 210,000/yr12 months · AED 91 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 July 2024.

Key facts

Type
3-bed villa
Size
2,300 sqft
Developer
Emaar
Completed
2008
Service charge
AED 4,900 /yr
Last sold
AED 3.8M · July 2024

About S01/TH05, The Springs 11

S01/TH05 is a three-bedroom villa of 2,300 sqft in The Springs 11, a villa community in The Springs completed in 2008 by Emaar. It last sold on 22 July 2024 for AED 3,800,000, or AED 1,652 per sqft, in line with the AED 1,630 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 15 February 2024, is AED 139,910 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 4,900 a year.

Sales and rents for S01/TH05 over time

Sales
Villa S01/TH05, 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, September 2008: AED 980,000 (AED 426 per sqft)Sold, July 2009: AED 1,800,000 (AED 782 per sqft)Sold, July 2024: AED 3,800,000 (AED 1,652 per sqft)

S01/TH05 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH05, 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, February 2013: AED 210,000 a yearNew contract, February 2014: AED 210,000 a yearNew contract, February 2015: AED 231,000 a yearRenewal, February 2017: AED 240,000 a yearNew contract, January 2018: AED 135,000 a yearNew contract, February 2019: AED 125,000 a yearRenewal, February 2020: AED 115,000 a yearRenewal, February 2024: AED 139,910 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/TH05 sits

All 241 3-beds →

S01/TH05 last sold in July 2024 at AED 1,652 per sqft, in line with what three-beds in The Springs 11 were fetching at the time (AED 1,630). 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/TH05's AED 139,910 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/TH05, The Springs 11 in numbers

  • Sold 3 times: first on 8 September 2008 for AED 980,000, last on 22 July 2024 for AED 3,800,000 (AED 1,652 per sqft).
  • Rented since February 2013 on 8 Ejari contracts. The rent fell from AED 210,000 to AED 115,000 in 2020 and recovered to AED 139,910 by February 2024.
  • At AED 139,910 a year the gross yield on the 2024 price is 3.7%, before a service charge of about AED 4,900 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 22 July 2024.

Questions about S01/TH05, The Springs 11

What did villa S01/TH05 last sell for?

AED 3,800,000 on 22 July 2024: AED 1,652 per sqft for 2,300 sqft. The villa has 3 registered sales; the first was AED 980,000 in September 2008.

What is the rent for villa S01/TH05?

AED 139,910 a year on the contract renewed on 15 February 2024. The previous contract, from February 2020, was AED 115,000; the villa has been rented since February 2013.

How big is villa S01/TH05?

2,300 sqft (213.7 sqm): a three-bedroom villa in The Springs 11, completed in 2008.

What is villa S01/TH05 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/TH05, The Springs 11

Starts from the last sale price (AED 3.8M, 22 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

Plus AED 164,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →