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

S06/TH02, The Springs 11

Sold prices and rental history: sold once, by the developer in January 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH02 · DLD and Ejari recordsUpdated 28 January 2023
Last soldAED 453K8 January 2008
Current rentAED 94K /yr28 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH02, The Springs 11

What is S06/TH02 worth today?

Last sold for AED 452,888 in 2008

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28 Jan 2023RentedRenewal
AED 93,500/yr12 months · AED 57 per sqft
28 Jan 2022RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft
20 Nov 2020RentedNew contract
AED 70,000/yr12 months · AED 42 per sqft
15 May 2017RentedNew contract
AED 115,000/yr12 months · AED 70 per sqft
10 Feb 2015RentedNew contract
AED 125,000/yr12 months · AED 76 per sqft
8 Jan 2008Sold by developerReady
AED 452,888AED 274 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 January 2023.

Key facts

Type
2-bed villa
Size
1,650 sqft
Developer
Emaar
Completed
2008
Service charge
AED 3,500 /yr
Last sold
AED 453K · January 2008
Community
The Springs 11

About S06/TH02, The Springs 11

S06/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. The developer sold it on 8 January 2008 for AED 452,888, or AED 274 per sqft, in line with the AED 270 two-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 28 January 2023, is AED 93,500 a year: a gross yield of 20.6% on the 2008 price, before the service charge of about AED 3,500 a year.

Sales and rents for S06/TH02 over time

Sales
Villa S06/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, January 2008: AED 452,888 (AED 274 per sqft)

S06/TH02 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S06/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, February 2015: AED 125,000 a yearNew contract, May 2017: AED 115,000 a yearNew contract, November 2020: AED 70,000 a yearNew contract, January 2022: AED 85,000 a yearRenewal, January 2023: AED 93,500 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 S06/TH02 sits

All 179 2-beds →

S06/TH02 last sold in January 2008 at AED 274 per sqft, in line with what two-beds in The Springs 11 were fetching at the time (AED 270). 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. S06/TH02's AED 93,500 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 →

S06/TH02, The Springs 11 in numbers

  • Sold once: by Emaar on 8 January 2008 for AED 452,888, or AED 274 per sqft.
  • Rented since February 2015 on 5 Ejari contracts. The rent fell from AED 125,000 to AED 70,000 in 2020 and recovered to AED 93,500 by January 2023.
  • At AED 93,500 a year the gross yield on the 2008 price is 20.6%, 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 28 January 2023.

Questions about S06/TH02, The Springs 11

What did villa S06/TH02 last sell for?

AED 452,888 on 8 January 2008, sold by the developer: AED 274 per sqft for 1,650 sqft. It is the only registered sale of the villa.

What is the rent for villa S06/TH02?

AED 93,500 a year on the contract renewed on 28 January 2023. The previous contract, from January 2022, was AED 85,000; the villa has been rented since February 2015.

How big is villa S06/TH02?

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

What is villa S06/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 S06/TH02, The Springs 11

Starts from the last sale price (AED 453K, 8 January 2008). Switch to today's estimate once you have unlocked it.
Price
AED 452,888
Deposit, UAE resident (20%)
AED 90,578
Deposit, non-resident (40%)
AED 181,155
Monthly over 25 years at 3.7%
AED 1,853

Plus AED 21,932 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →