3-bed · 2,229 sqftThe Springs 11, The Springs · completed 2008

S01/TH57, The Springs 11

Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH57 · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 2.75M12 July 2022
Current rentAED 210K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH57, The Springs 11

What is S01/TH57 worth today?

Last sold for AED 2,750,000 in 2022

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15 Jun 2024RentedRenewal
AED 210,000/yr12 months · AED 94 per sqft
12 Jul 2022SoldReady
AED 2,750,000AED 1,233 per sqft
10 Jun 2022RentedRenewal
AED 132,000/yr12 months · AED 59 per sqft
10 Jun 2021RentedRenewal
AED 125,000/yr12 months · AED 56 per sqft
10 Jun 2020RentedNew contract
AED 125,000/yr12 months · AED 56 per sqft
12 Jun 2019RentedNew contract
AED 140,000/yr12 months · AED 63 per sqft
10 Jun 2018RentedRenewal
AED 150,000/yr12 months · AED 67 per sqft
10 Jun 2017RentedRenewal
AED 160,000/yr12 months · AED 72 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 June 2024.

Key facts

Type
3-bed villa
Size
2,229 sqft
Developer
Emaar
Completed
2008
Service charge
AED 4,700 /yr
Last sold
AED 2.75M · July 2022

About S01/TH57, The Springs 11

S01/TH57 is a three-bedroom villa of 2,229 sqft in The Springs 11, a villa community in The Springs completed in 2008 by Emaar. It last sold on 12 July 2022 for AED 2,750,000, or AED 1,233 per sqft, 11% above the AED 1,111 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 15 June 2024, is AED 210,000 a year: a gross yield of 7.6% on the 2022 price, before the service charge of about AED 4,700 a year.

Sales and rents for S01/TH57 over time

Sales
Villa S01/TH57, 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, May 2007: AED 662,888 (AED 297 per sqft)Sold, July 2022: AED 2,750,000 (AED 1,233 per sqft)

S01/TH57 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH57, 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, July 2013: AED 125,000 a yearNew contract, July 2014: AED 143,677 a yearNew contract, June 2015: AED 160,000 a yearRenewal, June 2016: AED 160,000 a yearRenewal, June 2017: AED 160,000 a yearRenewal, June 2018: AED 150,000 a yearNew contract, June 2019: AED 140,000 a yearNew contract, June 2020: AED 125,000 a yearRenewal, June 2021: AED 125,000 a yearRenewal, June 2022: AED 132,000 a yearRenewal, June 2024: AED 210,000 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/TH57 sits

All 241 3-beds →

S01/TH57 last sold in July 2022 at AED 1,233 per sqft, 11% above what three-beds in The Springs 11 were fetching at the time (AED 1,111). 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/TH57's AED 210,000 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/TH57, The Springs 11 in numbers

  • Sold twice: first on 30 May 2007 for AED 662,888, last on 12 July 2022 for AED 2,750,000 (AED 1,233 per sqft).
  • Rented since July 2013 on 11 Ejari contracts, from AED 125,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2022 price is 7.6%, 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 15 June 2024.

Questions about S01/TH57, The Springs 11

What did villa S01/TH57 last sell for?

AED 2,750,000 on 12 July 2022: AED 1,233 per sqft for 2,229 sqft. The villa has 2 registered sales; the first was AED 662,888 in May 2007.

What is the rent for villa S01/TH57?

AED 210,000 a year on the contract renewed on 15 June 2024. The previous contract, from June 2022, was AED 132,000; the villa has been rented since July 2013.

How big is villa S01/TH57?

2,229 sqft (207.1 sqm): a three-bedroom villa in The Springs 11, completed in 2008.

What is villa S01/TH57 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/TH57, The Springs 11

Starts from the last sale price (AED 2.75M, 12 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

Plus AED 120,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →