2-bed · 1,763 sqftThe Springs 11, The Springs · completed 2008

S06/TH06, The Springs 11

Sold prices and rental history: sold once, by the developer in October 2012, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH06 · DLD and Ejari recordsUpdated 1 September 2019
Last soldAED 480K7 October 2012
Current rentAED 90K /yr1 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH06, The Springs 11

What is S06/TH06 worth today?

Last sold for AED 479,888 in 2012

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1 Sep 2019RentedRenewal
AED 90,000/yr12 months · AED 51 per sqft
1 Sep 2018RentedNew contract
AED 95,000/yr12 months · AED 54 per sqft
4 Aug 2014RentedNew contract
AED 94,059/yr12 months · AED 53 per sqft
7 Oct 2012Sold by developerReady
AED 479,888AED 272 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2019.

Key facts

Type
2-bed villa
Size
1,763 sqft
Developer
Emaar
Completed
2008
Service charge
AED 3,800 /yr
Last sold
AED 480K · October 2012

About S06/TH06, The Springs 11

S06/TH06 is a two-bedroom villa of 1,763 sqft in The Springs 11, a villa community in The Springs completed in 2008 by Emaar. The developer sold it on 7 October 2012 for AED 479,888, or AED 272 per sqft, 63% below the AED 736 two-beds in the community were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 1 September 2019, is AED 90,000 a year: a gross yield of 18.8% on the 2012 price, before the service charge of about AED 3,800 a year.

Sales and rents for S06/TH06 over time

Sales
Villa S06/TH06, 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, October 2012: AED 479,888 (AED 272 per sqft)

S06/TH06 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S06/TH06, 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, August 2014: AED 94,059 a yearNew contract, September 2018: AED 95,000 a yearRenewal, September 2019: AED 90,000 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 S06/TH06 sits

All 179 2-beds →

S06/TH06 last sold in October 2012 at AED 272 per sqft, 63% below what two-beds in The Springs 11 were fetching at the time (AED 736). 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/TH06's AED 90,000 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 →

S06/TH06, The Springs 11 in numbers

  • Sold once: by Emaar on 7 October 2012 for AED 479,888, or AED 272 per sqft.
  • Rented since August 2014 on 3 Ejari contracts, from AED 94,059 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2012 price is 18.8%, before a service charge of about AED 3,800 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 September 2019.

Questions about S06/TH06, The Springs 11

What did villa S06/TH06 last sell for?

AED 479,888 on 7 October 2012, sold by the developer: AED 272 per sqft for 1,763 sqft. It is the only registered sale of the villa.

What is the rent for villa S06/TH06?

AED 90,000 a year on the contract renewed on 1 September 2019. The previous contract, from September 2018, was AED 95,000; the villa has been rented since August 2014.

How big is villa S06/TH06?

1,763 sqft (163.8 sqm): a two-bedroom villa in The Springs 11, completed in 2008.

What is villa S06/TH06 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/TH06, The Springs 11

Starts from the last sale price (AED 480K, 7 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 479,888
Deposit, UAE resident (20%)
AED 95,978
Deposit, non-resident (40%)
AED 191,955
Monthly over 25 years at 3.7%
AED 1,963

Plus AED 23,066 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →