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

S02/TH24, The Springs 11

Sold prices and rental history: sold 3 times, last in August 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH24 · DLD and Ejari recordsUpdated 20 August 2015
Last soldAED 2.51M20 August 2015
Current rentAED 165K /yr4 April 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH24, The Springs 11

What is S02/TH24 worth today?

Last sold for AED 2,510,000 in 2015

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20 Aug 2015SoldReady
AED 2,510,000AED 1,135 per sqft
4 Apr 2014RentedNew contract
AED 164,850/yr12 months · AED 75 per sqft
4 Apr 2013RentedNew contract
AED 157,000/yr12 months · AED 71 per sqft
10 Aug 2008Sold by developerReady
AED 662,888AED 299 per sqft
10 Aug 2008SoldReady
AED 3,650,000AED 1,651 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 August 2015.

Key facts

Type
3-bed villa
Size
2,210 sqft
Developer
Emaar
Completed
2008
Service charge
AED 4,700 /yr
Last sold
AED 2.51M · August 2015

About S02/TH24, The Springs 11

S02/TH24 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 20 August 2015 for AED 2,510,000, or AED 1,135 per sqft, in line with the AED 1,119 three-beds in the community were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 4 April 2014, is AED 164,850 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 4,700 a year.

Sales and rents for S02/TH24 over time

Sales
Villa S02/TH24, 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 662,888 (AED 299 per sqft)Sold, August 2008: AED 3,650,000 (AED 1,651 per sqft)Sold, August 2015: AED 2,510,000 (AED 1,135 per sqft)

S02/TH24 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH24, 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, April 2013: AED 157,000 a yearNew contract, April 2014: AED 164,850 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/TH24 sits

All 241 3-beds →

S02/TH24 last sold in August 2015 at AED 1,135 per sqft, in line with what three-beds in The Springs 11 were fetching at the time (AED 1,119). 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/TH24's AED 164,850 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/TH24, The Springs 11 in numbers

  • Sold 3 times: first on 10 August 2008 for AED 3,650,000, last on 20 August 2015 for AED 2,510,000 (AED 1,135 per sqft).
  • Rented since April 2013 on 2 Ejari contracts, from AED 157,000 to AED 164,850 a year.
  • At AED 164,850 a year the gross yield on the 2015 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 20 August 2015.

Questions about S02/TH24, The Springs 11

What did villa S02/TH24 last sell for?

AED 2,510,000 on 20 August 2015: AED 1,135 per sqft for 2,210 sqft. The villa has 3 registered sales; the first was AED 3,650,000 in August 2008.

What is the rent for villa S02/TH24?

AED 164,850 a year on the contract signed on 4 April 2014. The previous contract, from April 2013, was AED 157,000.

How big is villa S02/TH24?

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

What is villa S02/TH24 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/TH24, The Springs 11

Starts from the last sale price (AED 2.51M, 20 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,510,000
Deposit, UAE resident (20%)
AED 502,000
Deposit, non-resident (40%)
AED 1,004,000
Monthly over 25 years at 3.7%
AED 10,269

Plus AED 110,430 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →