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3-bed · 2,219 sqftThe Springs 11, The Springs · completed 2008

S01/TH15, The Springs 11

Sold prices and rental history: sold once, by the developer in July 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH15 · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 663K29 July 2007
Current rentAED 112K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH15, The Springs 11

What is S01/TH15 worth today?

Last sold for AED 662,888 in 2007

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1 Aug 2022RentedRenewal
AED 112,350/yr12 months · AED 51 per sqft
1 Aug 2021RentedRenewal
AED 112,350/yr12 months · AED 51 per sqft
1 Aug 2020RentedNew contract
AED 107,000/yr12 months · AED 48 per sqft
1 Mar 2020RentedRenewal
AED 135,000/yr12 months · AED 61 per sqft
1 Mar 2018RentedNew contract
AED 140,000/yr12 months · AED 63 per sqft
15 Feb 2017RentedRenewal
AED 165,000/yr12 months · AED 74 per sqft
15 Feb 2014RentedNew contract
AED 160,000/yr12 months · AED 72 per sqft
15 Feb 2013RentedNew contract
AED 130,000/yr12 months · AED 59 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2022.

Key facts

Type
3-bed villa
Size
2,219 sqft
Developer
Emaar
Completed
2008
Service charge
AED 4,700 /yr
Last sold
AED 663K · July 2007
Community
The Springs 11

About S01/TH15, The Springs 11

S01/TH15 is a three-bedroom villa of 2,219 sqft in The Springs 11, a villa community in The Springs completed in 2008 by Emaar. The developer sold it on 29 July 2007 for AED 662,888, or AED 298 per sqft, 3% above the AED 289 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 1 August 2022, is AED 112,350 a year: a gross yield of 17.0% on the 2007 price, before the service charge of about AED 4,700 a year.

Sales and rents for S01/TH15 over time

Sales
Villa S01/TH15, 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, July 2007: AED 662,888 (AED 298 per sqft)

S01/TH15 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH15, 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 130,000 a yearNew contract, February 2014: AED 160,000 a yearRenewal, February 2017: AED 165,000 a yearNew contract, March 2018: AED 140,000 a yearRenewal, March 2020: AED 135,000 a yearNew contract, August 2020: AED 107,000 a yearRenewal, August 2021: AED 112,350 a yearRenewal, August 2022: AED 112,350 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/TH15 sits

All 241 3-beds →

S01/TH15 last sold in July 2007 at AED 298 per sqft, 3% above what three-beds in The Springs 11 were fetching at the time (AED 289). 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/TH15's AED 112,350 is at the bottom 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/TH15, The Springs 11 in numbers

  • Sold once: by Emaar on 29 July 2007 for AED 662,888, or AED 298 per sqft.
  • Rented since February 2013 on 8 Ejari contracts, from AED 130,000 to AED 112,350 a year.
  • At AED 112,350 a year the gross yield on the 2007 price is 17.0%, before a service charge of about AED 4,700 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 1 August 2022.

Questions about S01/TH15, The Springs 11

What did villa S01/TH15 last sell for?

AED 662,888 on 29 July 2007, sold by the developer: AED 298 per sqft for 2,219 sqft. It is the only registered sale of the villa.

What is the rent for villa S01/TH15?

AED 112,350 a year on the contract renewed on 1 August 2022. The previous contract, from August 2021, was AED 112,350; the villa has been rented since February 2013.

How big is villa S01/TH15?

2,219 sqft (206.2 sqm): a three-bedroom villa in The Springs 11, completed in 2008.

What is villa S01/TH15 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/TH15, The Springs 11

Starts from the last sale price (AED 663K, 29 July 2007). Switch to today's estimate once you have unlocked it.
Price
AED 662,888
Deposit, UAE resident (20%)
AED 132,578
Deposit, non-resident (40%)
AED 265,155
Monthly over 25 years at 3.7%
AED 2,712

Plus AED 32,852 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →