3-bed · 2,285 sqftThe Springs 11, The Springs · completed 2008

S01/TH88, The Springs 11

Sold prices and rental history: sold once, by the developer in April 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH88 · DLD and Ejari recordsUpdated 4 September 2023
Last soldAED 659K21 April 2008
Current rentAED 216K /yr4 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH88, The Springs 11

What is S01/TH88 worth today?

Last sold for AED 658,888 in 2008

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4 Sep 2023RentedNew contract
AED 216,000/yr12 months · AED 95 per sqft
1 Aug 2022RentedRenewal
AED 132,300/yr12 months · AED 58 per sqft
1 Jul 2021RentedNew contract
AED 126,000/yr13 months · AED 55 per sqft
1 Oct 2020RentedRenewal
AED 120,000/yr12 months · AED 53 per sqft
1 Oct 2019RentedNew contract
AED 127,500/yr12 months · AED 56 per sqft
1 Oct 2019RentedNew contract
AED 127,500/yr12 months · AED 56 per sqft
5 Mar 2017RentedNew contract
AED 153,000/yr12 months · AED 67 per sqft
20 Jul 2016RentedNew contract
AED 172,500/yr12 months · AED 75 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 September 2023.

Key facts

Type
3-bed villa
Size
2,285 sqft
Developer
Emaar
Completed
2008
Service charge
AED 4,900 /yr
Last sold
AED 659K · April 2008

About S01/TH88, The Springs 11

S01/TH88 is a three-bedroom villa of 2,285 sqft in The Springs 11, a villa community in The Springs completed in 2008 by Emaar. The developer sold it on 21 April 2008 for AED 658,888, or AED 288 per sqft, in line with the AED 292 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 4 September 2023, is AED 216,000 a year: a gross yield of 32.8% on the 2008 price, before the service charge of about AED 4,900 a year.

Sales and rents for S01/TH88 over time

Sales
Villa S01/TH88, 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, April 2008: AED 658,888 (AED 288 per sqft)

S01/TH88 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH88, 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, August 2014: AED 185,000 a yearRenewal, August 2015: AED 185,000 a yearNew contract, July 2016: AED 172,500 a yearNew contract, March 2017: AED 153,000 a yearNew contract, October 2019: AED 127,500 a yearNew contract, October 2019: AED 127,500 a yearRenewal, October 2020: AED 120,000 a yearNew contract, July 2021: AED 126,000 a yearRenewal, August 2022: AED 132,300 a yearNew contract, September 2023: AED 216,000 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/TH88 sits

All 241 3-beds →

S01/TH88 last sold in April 2008 at AED 288 per sqft, in line with what three-beds in The Springs 11 were fetching at the time (AED 292). 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/TH88's AED 216,000 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/TH88, The Springs 11 in numbers

  • Sold once: by Emaar on 21 April 2008 for AED 658,888, or AED 288 per sqft.
  • Rented since August 2014 on 10 Ejari contracts. The rent fell from AED 185,000 to AED 120,000 in 2020 and recovered to AED 216,000 by September 2023.
  • At AED 216,000 a year the gross yield on the 2008 price is 32.8%, before a service charge of about AED 4,900 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 4 September 2023.

Questions about S01/TH88, The Springs 11

What did villa S01/TH88 last sell for?

AED 658,888 on 21 April 2008, sold by the developer: AED 288 per sqft for 2,285 sqft. It is the only registered sale of the villa.

What is the rent for villa S01/TH88?

AED 216,000 a year on the contract signed on 4 September 2023. The previous contract, from August 2022, was AED 132,300; the villa has been rented since August 2014.

How big is villa S01/TH88?

2,285 sqft (212.3 sqm): a three-bedroom villa in The Springs 11, completed in 2008.

What is villa S01/TH88 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/TH88, The Springs 11

Starts from the last sale price (AED 659K, 21 April 2008). Switch to today's estimate once you have unlocked it.
Price
AED 658,888
Deposit, UAE resident (20%)
AED 131,778
Deposit, non-resident (40%)
AED 263,555
Monthly over 25 years at 3.7%
AED 2,696

Plus AED 32,684 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →