Home
Dubai prices
About
Research
3-bed · 2,362 sqftThe Springs 11, The Springs · completed 2008

S01/TH40, 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/TH40 · DLD and Ejari recordsUpdated 24 July 2024
Last soldAED 4.98M24 July 2024
Current rentAED 175K /yr1 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH40, The Springs 11

What is S01/TH40 worth today?

Last sold for AED 4,975,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

24 Jul 2024SoldReady
AED 4,975,000AED 2,106 per sqft
4 Jul 2023SoldReady
AED 3,200,000AED 1,354 per sqft
1 May 2022RentedNew contract
AED 175,000/yr12 months · AED 74 per sqft
1 Feb 2021RentedNew contract
AED 130,000/yr12 months · AED 55 per sqft
14 Dec 2019RentedRenewal
AED 150,000/yr12 months · AED 64 per sqft
14 Dec 2018RentedRenewal
AED 150,000/yr12 months · AED 64 per sqft
14 Dec 2017RentedNew contract
AED 150,000/yr12 months · AED 64 per sqft
9 Nov 2016RentedNew contract
AED 180,000/yr12 months · AED 76 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 July 2024.

Key facts

Type
3-bed villa
Size
2,362 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,000 /yr
Last sold
AED 4.98M · July 2024
Community
The Springs 11

About S01/TH40, The Springs 11

S01/TH40 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 24 July 2024 for AED 4,975,000, or AED 2,106 per sqft, 29% above the AED 1,630 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 May 2022, is AED 175,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 5,000 a year.

Sales and rents for S01/TH40 over time

Sales
Villa S01/TH40, 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, October 2008: AED 315,944 (AED 133 per sqft)Sold, July 2023: AED 3,200,000 (AED 1,354 per sqft)Sold, July 2024: AED 4,975,000 (AED 2,106 per sqft)

S01/TH40 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH40, 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, September 2013: AED 213,333 a yearNew contract, November 2014: AED 180,000 a yearRenewal, November 2015: AED 180,000 a yearNew contract, November 2016: AED 180,000 a yearNew contract, December 2017: AED 150,000 a yearRenewal, December 2018: AED 150,000 a yearRenewal, December 2019: AED 150,000 a yearNew contract, February 2021: AED 130,000 a yearNew contract, May 2022: AED 175,000 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 11, and where S01/TH40 sits

All 241 3-beds →

S01/TH40 last sold in July 2024 at AED 2,106 per sqft, 29% above 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/TH40's AED 175,000 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/TH40, The Springs 11 in numbers

  • Sold 3 times: first on 29 October 2008 for AED 315,944, last on 24 July 2024 for AED 4,975,000 (AED 2,106 per sqft).
  • Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 213,333 to AED 130,000 in 2021 and recovered to AED 175,000 by May 2022.
  • At AED 175,000 a year the gross yield on the 2024 price is 3.5%, 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 24 July 2024.

Questions about S01/TH40, The Springs 11

What did villa S01/TH40 last sell for?

AED 4,975,000 on 24 July 2024: AED 2,106 per sqft for 2,362 sqft. The villa has 3 registered sales; the first was AED 315,944 in October 2008.

What is the rent for villa S01/TH40?

AED 175,000 a year on the contract signed on 1 May 2022. The previous contract, from February 2021, was AED 130,000; the villa has been rented since September 2013.

How big is villa S01/TH40?

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

What is villa S01/TH40 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.

Selling S01/TH40? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on S01/TH40, The Springs 11

Starts from the last sale price (AED 4.98M, 24 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,975,000
Deposit, UAE resident (20%)
AED 995,000
Deposit, non-resident (40%)
AED 1,990,000
Monthly over 25 years at 3.7%
AED 20,354

Plus AED 213,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →