2-bed · 1,650 sqftThe Springs 11, The Springs · completed 2008

S05/TH02, The Springs 11

Sold prices and rental history: sold 3 times, last in November 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S05/TH02 · DLD and Ejari recordsUpdated 17 June 2024
Last soldAED 1.41M7 November 2018
Current rentAED 180K /yr17 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S05/TH02, The Springs 11

What is S05/TH02 worth today?

Last sold for AED 1,410,000 in 2018

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17 Jun 2024RentedRenewal
AED 180,000/yr12 months · AED 109 per sqft
17 Jun 2023RentedNew contract
AED 175,000/yr12 months · AED 106 per sqft
7 Nov 2018SoldReady
AED 1,410,000AED 854 per sqft
7 May 2017RentedRenewal
AED 120,000/yr12 months · AED 73 per sqft
7 May 2016RentedRenewal
AED 120,000/yr12 months · AED 73 per sqft
7 May 2015RentedRenewal
AED 120,000/yr12 months · AED 73 per sqft
7 May 2014RentedRenewal
AED 120,000/yr12 months · AED 73 per sqft
7 May 2013RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 June 2024.

Key facts

Type
2-bed villa
Size
1,650 sqft
Developer
Emaar
Completed
2008
Service charge
AED 3,500 /yr
Last sold
AED 1.41M · November 2018

About S05/TH02, The Springs 11

S05/TH02 is a two-bedroom villa of 1,650 sqft in The Springs 11, a villa community in The Springs completed in 2008 by Emaar. It last sold on 7 November 2018 for AED 1,410,000, or AED 854 per sqft, 9% above the AED 787 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 17 June 2024, is AED 180,000 a year: a gross yield of 12.8% on the 2018 price, before the service charge of about AED 3,500 a year.

Sales and rents for S05/TH02 over time

Sales
Villa S05/TH02, 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, June 2008: AED 1,950,000 (AED 1,182 per sqft)Sold, June 2008: AED 900,000 (AED 545 per sqft)Sold, November 2018: AED 1,410,000 (AED 854 per sqft)

S05/TH02 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S05/TH02, 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, May 2013: AED 110,000 a yearRenewal, May 2014: AED 120,000 a yearRenewal, May 2015: AED 120,000 a yearRenewal, May 2016: AED 120,000 a yearRenewal, May 2017: AED 120,000 a yearNew contract, June 2023: AED 175,000 a yearRenewal, June 2024: AED 180,000 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 S05/TH02 sits

All 179 2-beds →

S05/TH02 last sold in November 2018 at AED 854 per sqft, 9% above what two-beds in The Springs 11 were fetching at the time (AED 787). 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. S05/TH02's AED 180,000 is in the upper half 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 →

S05/TH02, The Springs 11 in numbers

  • Sold 3 times: first on 19 June 2008 for AED 900,000, last on 7 November 2018 for AED 1,410,000 (AED 854 per sqft).
  • Rented since May 2013 on 7 Ejari contracts, from AED 110,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2018 price is 12.8%, 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 17 June 2024.

Questions about S05/TH02, The Springs 11

What did villa S05/TH02 last sell for?

AED 1,410,000 on 7 November 2018: AED 854 per sqft for 1,650 sqft. The villa has 3 registered sales; the first was AED 900,000 in June 2008.

What is the rent for villa S05/TH02?

AED 180,000 a year on the contract renewed on 17 June 2024. The previous contract, from June 2023, was AED 175,000; the villa has been rented since May 2013.

How big is villa S05/TH02?

1,650 sqft (153.3 sqm): a two-bedroom villa in The Springs 11, completed in 2008.

What is villa S05/TH02 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 S05/TH02, The Springs 11

Starts from the last sale price (AED 1.41M, 7 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,410,000
Deposit, UAE resident (20%)
AED 282,000
Deposit, non-resident (40%)
AED 564,000
Monthly over 25 years at 3.7%
AED 5,769

Plus AED 64,230 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →