3-bed · 2,210 sqftThe Springs 11, The Springs · completed 2008

S01/TH98, The Springs 11

Sold prices and rental history: sold 3 times, last in August 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH98 · DLD and Ejari recordsUpdated 4 August 2016
Last soldAED 2.48M4 August 2016
Current rentAED 190K /yr31 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH98, The Springs 11

What is S01/TH98 worth today?

Last sold for AED 2,475,000 in 2016

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4 Aug 2016SoldReady
AED 2,475,000AED 1,119 per sqft
31 Aug 2015RentedRenewal
AED 190,000/yr12 months · AED 86 per sqft
31 Aug 2014RentedNew contract
AED 180,000/yr12 months · AED 81 per sqft
31 Aug 2013RentedNew contract
AED 175,000/yr12 months · AED 79 per sqft
23 Aug 2012SoldReady
AED 1,125,000AED 508 per sqft
4 Jun 2007Sold by developerReady
AED 658,888AED 298 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 August 2016.

Key facts

Type
3-bed villa
Size
2,210 sqft
Developer
Emaar
Completed
2008
Service charge
AED 4,700 /yr
Last sold
AED 2.48M · August 2016

About S01/TH98, The Springs 11

S01/TH98 is a three-bedroom villa of 2,210 sqft in The Springs 11, a villa community in The Springs completed in 2008 by Emaar. It last sold on 4 August 2016 for AED 2,475,000, or AED 1,119 per sqft, 7% above the AED 1,047 three-beds in the community were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 31 August 2015, is AED 190,000 a year: a gross yield of 7.7% on the 2016 price, before the service charge of about AED 4,700 a year.

Sales and rents for S01/TH98 over time

Sales
Villa S01/TH98, 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, June 2007: AED 658,888 (AED 298 per sqft)Sold, August 2012: AED 1,125,000 (AED 508 per sqft)Sold, August 2016: AED 2,475,000 (AED 1,119 per sqft)

S01/TH98 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH98, 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 2013: AED 175,000 a yearNew contract, August 2014: AED 180,000 a yearRenewal, August 2015: AED 190,000 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/TH98 sits

All 241 3-beds →

S01/TH98 last sold in August 2016 at AED 1,119 per sqft, 7% above what three-beds in The Springs 11 were fetching at the time (AED 1,047). 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/TH98's AED 190,000 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/TH98, The Springs 11 in numbers

  • Sold 3 times: first on 4 June 2007 for AED 658,888, last on 4 August 2016 for AED 2,475,000 (AED 1,119 per sqft).
  • Rented since August 2013 on 3 Ejari contracts, from AED 175,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2016 price is 7.7%, 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 4 August 2016.

Questions about S01/TH98, The Springs 11

What did villa S01/TH98 last sell for?

AED 2,475,000 on 4 August 2016: AED 1,119 per sqft for 2,210 sqft. The villa has 3 registered sales; the first was AED 658,888 in June 2007.

What is the rent for villa S01/TH98?

AED 190,000 a year on the contract renewed on 31 August 2015. The previous contract, from August 2014, was AED 180,000; the villa has been rented since August 2013.

How big is villa S01/TH98?

2,210 sqft (205.3 sqm): a three-bedroom villa in The Springs 11, completed in 2008.

What is villa S01/TH98 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/TH98, The Springs 11

Starts from the last sale price (AED 2.48M, 4 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,475,000
Deposit, UAE resident (20%)
AED 495,000
Deposit, non-resident (40%)
AED 990,000
Monthly over 25 years at 3.7%
AED 10,126

Plus AED 108,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →