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

S02/TH03, The Springs 11

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH03 · DLD and Ejari recordsUpdated 4 July 2024
Last soldAED 3.63M4 July 2024
Current rentAED 150K /yr10 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH03, The Springs 11

What is S02/TH03 worth today?

Last sold for AED 3,625,000 in 2024

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4 Jul 2024SoldReady
AED 3,625,000AED 1,634 per sqft
10 Jan 2023RentedRenewal
AED 150,000/yr24 months · AED 68 per sqft
10 Jan 2021RentedRenewal
AED 123,500/yr12 months · AED 56 per sqft
10 Jan 2020RentedNew contract
AED 130,000/yr12 months · AED 59 per sqft
7 Oct 2014SoldReady
AED 1,584,000AED 714 per sqft
8 Jul 2013RentedNew contract
AED 145,000/yr12 months · AED 65 per sqft
8 Jul 2012RentedNew contract
AED 145,000/yr12 months · AED 65 per sqft
23 Jul 2009SoldReady
AED 1,850,000AED 834 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 July 2024.

Key facts

Type
3-bed villa
Size
2,217 sqft
Developer
Emaar
Completed
2008
Service charge
AED 4,700 /yr
Last sold
AED 3.63M · July 2024
Community
The Springs 11

About S02/TH03, The Springs 11

S02/TH03 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 4 July 2024 for AED 3,625,000, or AED 1,634 per sqft, in line with the AED 1,626 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 10 January 2023, is AED 150,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 4,700 a year.

Sales and rents for S02/TH03 over time

Sales
Villa S02/TH03, 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, August 2008: AED 674,888 (AED 304 per sqft)Sold, July 2009: AED 1,850,000 (AED 834 per sqft)Sold, October 2014: AED 1,584,000 (AED 714 per sqft)Sold, July 2024: AED 3,625,000 (AED 1,634 per sqft)

S02/TH03 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH03, 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 2012: AED 145,000 a yearNew contract, July 2013: AED 145,000 a yearNew contract, January 2020: AED 130,000 a yearRenewal, January 2021: AED 123,500 a yearRenewal, January 2023: AED 150,000 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/TH03 sits

All 241 3-beds →

S02/TH03 last sold in July 2024 at AED 1,634 per sqft, in line with what three-beds in The Springs 11 were fetching at the time (AED 1,626). 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/TH03's AED 150,000 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/TH03, The Springs 11 in numbers

  • Sold 4 times: first on 4 August 2008 for AED 674,888, last on 4 July 2024 for AED 3,625,000 (AED 1,634 per sqft).
  • Rented since July 2012 on 5 Ejari contracts. The rent fell from AED 145,000 to AED 123,500 in 2021 and recovered to AED 150,000 by January 2023.
  • At AED 150,000 a year the gross yield on the 2024 price is 4.1%, 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 July 2024.

Questions about S02/TH03, The Springs 11

What did villa S02/TH03 last sell for?

AED 3,625,000 on 4 July 2024: AED 1,634 per sqft for 2,217 sqft. The villa has 4 registered sales; the first was AED 674,888 in August 2008.

What is the rent for villa S02/TH03?

AED 150,000 a year on the contract renewed on 10 January 2023. The previous contract, from January 2021, was AED 123,500; the villa has been rented since July 2012.

How big is villa S02/TH03?

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

What is villa S02/TH03 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/TH03, The Springs 11

Starts from the last sale price (AED 3.63M, 4 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,625,000
Deposit, UAE resident (20%)
AED 725,000
Deposit, non-resident (40%)
AED 1,450,000
Monthly over 25 years at 3.7%
AED 14,831

Plus AED 157,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →