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3-bed · 2,209 sqftThe Springs 11, The Springs · completed 2008

S02/TH02, The Springs 11

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

Villa S02/TH02 · DLD and Ejari recordsUpdated 25 May 2022
Last soldAED 2.65M25 May 2022
Current rentAED 105K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH02, The Springs 11

What is S02/TH02 worth today?

Last sold for AED 2,650,000 in 2022

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25 May 2022SoldReady
AED 2,650,000AED 1,199 per sqft
1 Nov 2021RentedRenewal
AED 105,000/yr12 months · AED 48 per sqft
1 Nov 2020RentedNew contract
AED 105,000/yr12 months · AED 48 per sqft
31 Mar 2020RentedNew contract
AED 118,000/yr12 months · AED 53 per sqft
31 Mar 2019RentedNew contract
AED 130,000/yr12 months · AED 59 per sqft
14 Aug 2017RentedRenewal
AED 125,000/yr12 months · AED 57 per sqft
14 Aug 2016RentedRenewal
AED 125,000/yr12 months · AED 57 per sqft
14 Aug 2015RentedRenewal
AED 125,000/yr12 months · AED 57 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 May 2022.

Key facts

Type
3-bed villa
Size
2,209 sqft
Developer
Emaar
Completed
2008
Service charge
AED 4,700 /yr
Last sold
AED 2.65M · May 2022
Community
The Springs 11

About S02/TH02, The Springs 11

S02/TH02 is a three-bedroom villa of 2,209 sqft in The Springs 11, a villa community in The Springs completed in 2008 by Emaar. It last sold on 25 May 2022 for AED 2,650,000, or AED 1,199 per sqft, 12% above the AED 1,071 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 November 2021, is AED 105,000 a year: a gross yield of 4.0% on the 2022 price, before the service charge of about AED 4,700 a year.

Sales and rents for S02/TH02 over time

Sales
Villa S02/TH02, 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, March 2009: AED 1,225,000 (AED 554 per sqft)Sold, May 2022: AED 2,650,000 (AED 1,199 per sqft)

S02/TH02 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH02, 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, August 2013: AED 110,000 a yearRenewal, August 2015: AED 125,000 a yearRenewal, August 2016: AED 125,000 a yearRenewal, August 2017: AED 125,000 a yearNew contract, March 2019: AED 130,000 a yearNew contract, March 2020: AED 118,000 a yearNew contract, November 2020: AED 105,000 a yearRenewal, November 2021: AED 105,000 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/TH02 sits

All 241 3-beds →

S02/TH02 last sold in May 2022 at AED 1,199 per sqft, 12% above what three-beds in The Springs 11 were fetching at the time (AED 1,071). 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/TH02's AED 105,000 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 →

S02/TH02, The Springs 11 in numbers

  • Sold twice: first on 24 March 2009 for AED 1,225,000, last on 25 May 2022 for AED 2,650,000 (AED 1,199 per sqft).
  • Rented since August 2013 on 8 Ejari contracts, from AED 110,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 4.0%, 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 25 May 2022.

Questions about S02/TH02, The Springs 11

What did villa S02/TH02 last sell for?

AED 2,650,000 on 25 May 2022: AED 1,199 per sqft for 2,209 sqft. The villa has 2 registered sales; the first was AED 1,225,000 in March 2009.

What is the rent for villa S02/TH02?

AED 105,000 a year on the contract renewed on 1 November 2021. The previous contract, from November 2020, was AED 105,000; the villa has been rented since August 2013.

How big is villa S02/TH02?

2,209 sqft (205.2 sqm): a three-bedroom villa in The Springs 11, completed in 2008.

What is villa S02/TH02 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/TH02, The Springs 11

Starts from the last sale price (AED 2.65M, 25 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

Plus AED 116,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →