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3-bed · 2,216 sqftThe Springs 11, The Springs · completed 2008

S01/TH62, The Springs 11

Sold prices and rental history: sold 4 times, last in April 2022, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH62 · DLD and Ejari recordsUpdated 20 April 2022
Last soldAED 2.51M20 April 2022
Current rentAED 95K /yr25 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH62, The Springs 11

What is S01/TH62 worth today?

Last sold for AED 2,510,000 in 2022

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20 Apr 2022SoldReady
AED 2,510,000AED 1,132 per sqft
25 Jul 2020RentedNew contract
AED 95,000/yr12 months · AED 43 per sqft
1 Jun 2018RentedNew contract
AED 100,000/yr12 months · AED 45 per sqft
10 Jul 2013RentedNew contract
AED 160,000/yr12 months · AED 72 per sqft
18 Jan 2011SoldReady
AED 750,000AED 338 per sqft
30 Nov 2010Sold by developerReady
AED 662,888AED 299 per sqft
30 Nov 2010SoldReady
AED 1,350,000AED 609 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 April 2022.

Key facts

Type
3-bed villa
Size
2,216 sqft
Developer
Emaar
Completed
2008
Service charge
AED 4,700 /yr
Last sold
AED 2.51M · April 2022
Community
The Springs 11

About S01/TH62, The Springs 11

S01/TH62 is a three-bedroom villa of 2,216 sqft in The Springs 11, a villa community in The Springs completed in 2008 by Emaar. It last sold on 20 April 2022 for AED 2,510,000, or AED 1,132 per sqft, 8% above the AED 1,052 three-beds in the community were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 25 July 2020, is AED 95,000 a year: a gross yield of 3.8% on the 2022 price, before the service charge of about AED 4,700 a year.

Sales and rents for S01/TH62 over time

Sales
Villa S01/TH62, 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, November 2010: AED 662,888 (AED 299 per sqft)Sold, November 2010: AED 1,350,000 (AED 609 per sqft)Sold, January 2011: AED 750,000 (AED 338 per sqft)Sold, April 2022: AED 2,510,000 (AED 1,132 per sqft)

S01/TH62 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH62, 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, July 2013: AED 160,000 a yearNew contract, June 2018: AED 100,000 a yearNew contract, July 2020: AED 95,000 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/TH62 sits

All 241 3-beds →

S01/TH62 last sold in April 2022 at AED 1,132 per sqft, 8% above what three-beds in The Springs 11 were fetching at the time (AED 1,052). 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/TH62's AED 95,000 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/TH62, The Springs 11 in numbers

  • Sold 4 times: first on 30 November 2010 for AED 1,350,000, last on 20 April 2022 for AED 2,510,000 (AED 1,132 per sqft).
  • Rented since July 2013 on 3 Ejari contracts, from AED 160,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2022 price is 3.8%, 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 20 April 2022.

Questions about S01/TH62, The Springs 11

What did villa S01/TH62 last sell for?

AED 2,510,000 on 20 April 2022: AED 1,132 per sqft for 2,216 sqft. The villa has 4 registered sales; the first was AED 1,350,000 in November 2010.

What is the rent for villa S01/TH62?

AED 95,000 a year on the contract signed on 25 July 2020. The previous contract, from June 2018, was AED 100,000; the villa has been rented since July 2013.

How big is villa S01/TH62?

2,216 sqft (205.9 sqm): a three-bedroom villa in The Springs 11, completed in 2008.

What is villa S01/TH62 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/TH62, The Springs 11

Starts from the last sale price (AED 2.51M, 20 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,510,000
Deposit, UAE resident (20%)
AED 502,000
Deposit, non-resident (40%)
AED 1,004,000
Monthly over 25 years at 3.7%
AED 10,269

Plus AED 110,430 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →