2-bed · 1,649 sqftThe Springs 11, The Springs · completed 2008

S03/TH08, The Springs 11

Sold prices and rental history: sold twice, last in February 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH08 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 1.2M14 February 2012
Current rentAED 70K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH08, The Springs 11

What is S03/TH08 worth today?

Last sold for AED 1,200,000 in 2012

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1 Dec 2024RentedRenewal
AED 70,000/yr12 months · AED 42 per sqft
1 Dec 2023RentedRenewal
AED 70,000/yr12 months · AED 42 per sqft
1 Dec 2022RentedRenewal
AED 70,000/yr12 months · AED 42 per sqft
1 Dec 2020RentedRenewal
AED 70,000/yr12 months · AED 42 per sqft
1 Dec 2019RentedRenewal
AED 85,000/yr12 months · AED 52 per sqft
1 Dec 2018RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft
14 Mar 2017RentedNew contract
AED 77,000/yr12 months · AED 47 per sqft
14 Mar 2015RentedNew contract
AED 74,257/yr12 months · AED 45 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2024.

Key facts

Type
2-bed villa
Size
1,649 sqft
Developer
Emaar
Completed
2008
Service charge
AED 3,500 /yr
Last sold
AED 1.2M · February 2012

About S03/TH08, The Springs 11

S03/TH08 is a two-bedroom villa of 1,649 sqft in The Springs 11, a villa community in The Springs completed in 2008 by Emaar. It last sold on 14 February 2012 for AED 1,200,000, or AED 727 per sqft, 24% above the AED 587 two-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 70,000 a year: a gross yield of 5.8% on the 2012 price, before the service charge of about AED 3,500 a year.

Sales and rents for S03/TH08 over time

Sales
Villa S03/TH08, each saleTypical two-bed in The Springs 11
02M2007201220172022Typical sale price by year: 2007 AED 460,888; 2008 AED 913,415; 2009 AED 960,000; 2010 AED 513,944; 2011 AED 1,000,000; 2012 AED 1,250,000; 2013 AED 1,662,500; 2014 AED 2,150,000; 2015 AED 1,892,500; 2016 AED 1,784,000; 2017 AED 1,762,500; 2018 AED 1,300,000; 2019 AED 1,225,000; 2020 AED 1,195,000; 2021 AED 1,680,000; 2022 AED 1,790,000; 2023 AED 2,450,000; 2024 AED 2,925,000; 2025 AED 3,400,000Sold by developer, September 2007: AED 357,944 (AED 217 per sqft)Sold, February 2012: AED 1,200,000 (AED 727 per sqft)

S03/TH08 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S03/TH08, each contractTypical two-bed in The Springs 11
100K150K20112015201920232027Typical rent by year: 2011 AED 81,000; 2012 AED 82,695; 2013 AED 101,500; 2014 AED 120,000; 2015 AED 125,000; 2016 AED 125,000; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 80,000; 2021 AED 85,000; 2022 AED 95,000; 2023 AED 110,000; 2024 AED 136,500; 2025 AED 140,000; 2026 AED 165,000New contract, March 2015: AED 74,257 a yearNew contract, March 2017: AED 77,000 a yearNew contract, December 2018: AED 90,000 a yearRenewal, December 2019: AED 85,000 a yearRenewal, December 2020: AED 70,000 a yearRenewal, December 2022: AED 70,000 a yearRenewal, December 2023: AED 70,000 a yearRenewal, December 2024: AED 70,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the community.

2-beds in The Springs 11, and where S03/TH08 sits

All 179 2-beds →

S03/TH08 last sold in February 2012 at AED 727 per sqft, 24% above what two-beds in The Springs 11 were fetching at the time (AED 587). Over the last 12 months two-beds sold for AED 3,200,000 to 3,900,000, around AED 2,061 per sqft, and rent for AED 116,017 to 225,000 a year. S03/TH08's AED 70,000 is at the bottom of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
14 Jan 20263,200,000
24 Dec 20253,350,000
18 Dec 20253,900,000
16 Dec 20253,400,000
5 2-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 →

S03/TH08, The Springs 11 in numbers

  • Sold twice: first on 26 September 2007 for AED 357,944, last on 14 February 2012 for AED 1,200,000 (AED 727 per sqft).
  • Rented since March 2015 on 8 Ejari contracts, from AED 74,257 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2012 price is 5.8%, before a service charge of about AED 3,500 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 11 sold for AED 3,200,000–3,900,000 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 1 December 2024.

Questions about S03/TH08, The Springs 11

What did villa S03/TH08 last sell for?

AED 1,200,000 on 14 February 2012: AED 727 per sqft for 1,649 sqft. The villa has 2 registered sales; the first was AED 357,944 in September 2007.

What is the rent for villa S03/TH08?

AED 70,000 a year on the contract renewed on 1 December 2024. The previous contract, from December 2023, was AED 70,000; the villa has been rented since March 2015.

How big is villa S03/TH08?

1,649 sqft (153.2 sqm): a two-bedroom villa in The Springs 11, completed in 2008.

What is villa S03/TH08 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Springs 11 sold for AED 3,200,000 to 3,900,000 in the last 12 months, around AED 2,061 per sqft.

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Mortgage on S03/TH08, The Springs 11

Starts from the last sale price (AED 1.2M, 14 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →