3-bed · 2,217 sqftThe Springs 11, The Springs · completed 2008

S02/TH01, The Springs 11

Sold prices and rental history: sold twice, last in December 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH01 · DLD and Ejari recordsUpdated 27 July 2021
Last soldAED 1.83M14 December 2020
Current rentAED 120K /yr27 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH01, The Springs 11

What is S02/TH01 worth today?

Last sold for AED 1,830,000 in 2020

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27 Jul 2021RentedNew contract
AED 120,000/yr6 months · AED 54 per sqft
14 Dec 2020SoldReady
AED 1,830,000AED 825 per sqft
28 Jul 2020RentedRenewal
AED 120,000/yr12 months · AED 54 per sqft
28 Jul 2019RentedRenewal
AED 137,500/yr12 months · AED 62 per sqft
28 Jul 2016RentedRenewal
AED 165,000/yr12 months · AED 74 per sqft
28 Jul 2015RentedRenewal
AED 173,250/yr12 months · AED 78 per sqft
28 Jul 2013RentedNew contract
AED 150,000/yr12 months · AED 68 per sqft
6 Jul 2008Sold by developerReady
AED 700,000AED 315 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 July 2021.

Key facts

Type
3-bed villa
Size
2,217 sqft
Developer
Emaar
Completed
2008
Service charge
AED 4,700 /yr
Last sold
AED 1.83M · December 2020

About S02/TH01, The Springs 11

S02/TH01 is a three-bedroom villa of 2,217 sqft in The Springs 11, a villa community in The Springs completed in 2008 by Emaar. It last sold on 14 December 2020 for AED 1,830,000, or AED 825 per sqft, 8% above the AED 765 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 27 July 2021, is AED 120,000 a year: a gross yield of 6.6% on the 2020 price, before the service charge of about AED 4,700 a year.

Sales and rents for S02/TH01 over time

Sales
Villa S02/TH01, 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, July 2008: AED 700,000 (AED 315 per sqft)Sold, December 2020: AED 1,830,000 (AED 825 per sqft)

S02/TH01 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH01, 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 150,000 a yearRenewal, July 2015: AED 173,250 a yearRenewal, July 2016: AED 165,000 a yearRenewal, July 2019: AED 137,500 a yearRenewal, July 2020: AED 120,000 a yearNew contract, July 2021: AED 120,000 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 S02/TH01 sits

All 241 3-beds →

S02/TH01 last sold in December 2020 at AED 825 per sqft, 8% above what three-beds in The Springs 11 were fetching at the time (AED 765). 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. S02/TH01's AED 120,000 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 →

S02/TH01, The Springs 11 in numbers

  • Sold twice: first on 6 July 2008 for AED 700,000, last on 14 December 2020 for AED 1,830,000 (AED 825 per sqft).
  • Rented since July 2013 on 6 Ejari contracts, from AED 150,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2020 price is 6.6%, 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 27 July 2021.

Questions about S02/TH01, The Springs 11

What did villa S02/TH01 last sell for?

AED 1,830,000 on 14 December 2020: AED 825 per sqft for 2,217 sqft. The villa has 2 registered sales; the first was AED 700,000 in July 2008.

What is the rent for villa S02/TH01?

AED 120,000 a year on the contract signed on 27 July 2021. The previous contract, from July 2020, was AED 120,000; the villa has been rented since July 2013.

How big is villa S02/TH01?

2,217 sqft (206.0 sqm): a three-bedroom villa in The Springs 11, completed in 2008.

What is villa S02/TH01 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 S02/TH01, The Springs 11

Starts from the last sale price (AED 1.83M, 14 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,830,000
Deposit, UAE resident (20%)
AED 366,000
Deposit, non-resident (40%)
AED 732,000
Monthly over 25 years at 3.7%
AED 7,487

Plus AED 81,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →