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3-bed · 2,362 sqftThe Springs 11, The Springs · completed 2008

S01/TH16, The Springs 11

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH16 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 3.39M17 July 2023
Current rentAED 50K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH16, The Springs 11

What is S01/TH16 worth today?

Last sold for AED 3,385,000 in 2023

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1 Oct 2024RentedNew contract · flagged as an outlier
AED 50,000/yr36 months · AED 21 per sqft
17 Jul 2023SoldReady
AED 3,385,000AED 1,433 per sqft
8 Feb 2023RentedRenewal
AED 172,500/yr12 months · AED 73 per sqft
8 Feb 2022RentedNew contract
AED 165,000/yr12 months · AED 70 per sqft
25 Nov 2021RentedRenewal
AED 165,000/yr2 months · AED 70 per sqft
25 Sep 2021RentedRenewal
AED 139,998/yr2 months · AED 59 per sqft
25 Mar 2020RentedRenewal
AED 140,000/yr6 months · AED 59 per sqft
25 Mar 2019RentedRenewal
AED 142,500/yr12 months · AED 60 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.

Key facts

Type
3-bed villa
Size
2,362 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,000 /yr
Last sold
AED 3.39M · July 2023
Community
The Springs 11

About S01/TH16, The Springs 11

S01/TH16 is a three-bedroom villa of 2,362 sqft in The Springs 11, a villa community in The Springs completed in 2008 by Emaar. It last sold on 17 July 2023 for AED 3,385,000, or AED 1,433 per sqft, 13% above the AED 1,269 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 1 October 2024, is AED 50,000 a year: a gross yield of 1.5% on the 2023 price, before the service charge of about AED 5,000 a year.

Sales and rents for S01/TH16 over time

Sales
Villa S01/TH16, 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, August 2008: AED 631,888 (AED 267 per sqft)Sold, October 2015: AED 2,475,000 (AED 1,047 per sqft)Sold, July 2023: AED 3,385,000 (AED 1,433 per sqft)

S01/TH16 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH16, each contractTypical three-bed in The Springs 11
150K200K2012201620202024Typical 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, November 2015: AED 175,000 a yearNew contract, March 2017: AED 160,000 a yearRenewal, March 2019: AED 142,500 a yearRenewal, March 2020: AED 140,000 a yearRenewal, September 2021: AED 139,998 a yearRenewal, November 2021: AED 165,000 a yearNew contract, February 2022: AED 165,000 a yearRenewal, February 2023: AED 172,500 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/TH16 sits

All 241 3-beds →

S01/TH16 last sold in July 2023 at AED 1,433 per sqft, 13% above what three-beds in The Springs 11 were fetching at the time (AED 1,269). 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/TH16's AED 50,000 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/TH16, The Springs 11 in numbers

  • Sold 3 times: first on 27 August 2008 for AED 631,888, last on 17 July 2023 for AED 3,385,000 (AED 1,433 per sqft).
  • Rented since November 2015 on 9 Ejari contracts, from AED 175,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 1.5%, 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 1 October 2024.

Questions about S01/TH16, The Springs 11

What did villa S01/TH16 last sell for?

AED 3,385,000 on 17 July 2023: AED 1,433 per sqft for 2,362 sqft. The villa has 3 registered sales; the first was AED 631,888 in August 2008.

What is the rent for villa S01/TH16?

AED 50,000 a year on the contract signed on 1 October 2024. The previous contract, from February 2023, was AED 172,500; the villa has been rented since November 2015.

How big is villa S01/TH16?

2,362 sqft (219.4 sqm): a three-bedroom villa in The Springs 11, completed in 2008.

What is villa S01/TH16 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/TH16, The Springs 11

Starts from the last sale price (AED 3.39M, 17 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,385,000
Deposit, UAE resident (20%)
AED 677,000
Deposit, non-resident (40%)
AED 1,354,000
Monthly over 25 years at 3.7%
AED 13,849

Plus AED 147,180 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →