3-bed · 2,342 sqftThe Springs 11, The Springs · completed 2008

S08/TH48, The Springs 11

Sold prices and rental history: sold twice, last in April 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S08/TH48 · DLD and Ejari recordsUpdated 17 January 2024
Last soldAED 1.35M18 April 2011
Current rentAED 120K /yr17 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S08/TH48, The Springs 11

What is S08/TH48 worth today?

Last sold for AED 1,350,000 in 2011

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17 Jan 2024RentedRenewal
AED 120,000/yr12 months · AED 51 per sqft
17 Jan 2023RentedRenewal
AED 100,000/yr12 months · AED 43 per sqft
17 Jan 2020RentedRenewal
AED 80,000/yr12 months · AED 34 per sqft
1 Jan 2018RentedNew contract
AED 120,323/yr12 months · AED 51 per sqft
1 Jan 2017RentedNew contract
AED 145,000/yr12 months · AED 62 per sqft
1 Dec 2016RentedRenewal
AED 155,000/yr12 months · AED 66 per sqft
5 Aug 2014RentedNew contract
AED 143,750/yr12 months · AED 61 per sqft
5 Aug 2013RentedNew contract
AED 125,000/yr12 months · AED 53 per sqft

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

Key facts

Type
3-bed villa
Size
2,342 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,000 /yr
Last sold
AED 1.35M · April 2011

About S08/TH48, The Springs 11

S08/TH48 is a three-bedroom villa of 2,342 sqft in The Springs 11, a villa community in The Springs completed in 2008 by Emaar. It last sold on 18 April 2011 for AED 1,350,000, or AED 576 per sqft, 68% above the AED 343 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 17 January 2024, is AED 120,000 a year: a gross yield of 8.9% on the 2011 price, before the service charge of about AED 5,000 a year.

Sales and rents for S08/TH48 over time

Sales
Villa S08/TH48, 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, January 2011: AED 2,265,000 (AED 967 per sqft)Sold, April 2011: AED 1,350,000 (AED 576 per sqft)

S08/TH48 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S08/TH48, each contractTypical three-bed in The Springs 11
100K200K2012201620202024Typical 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, August 2012: AED 110,000 a yearNew contract, August 2013: AED 125,000 a yearNew contract, August 2014: AED 143,750 a yearRenewal, December 2016: AED 155,000 a yearNew contract, January 2017: AED 145,000 a yearNew contract, January 2018: AED 120,323 a yearRenewal, January 2020: AED 80,000 a yearRenewal, January 2023: AED 100,000 a yearRenewal, January 2024: AED 120,000 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 S08/TH48 sits

All 241 3-beds →

S08/TH48 last sold in April 2011 at AED 576 per sqft, 68% above what three-beds in The Springs 11 were fetching at the time (AED 343). 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. S08/TH48's AED 120,000 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 →

S08/TH48, The Springs 11 in numbers

  • Sold twice: first on 23 January 2011 for AED 2,265,000, last on 18 April 2011 for AED 1,350,000 (AED 576 per sqft).
  • Rented since August 2012 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 80,000 in 2020 and recovered to AED 120,000 by January 2024.
  • At AED 120,000 a year the gross yield on the 2011 price is 8.9%, before a service charge of about AED 5,000 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 17 January 2024.

Questions about S08/TH48, The Springs 11

What did villa S08/TH48 last sell for?

AED 1,350,000 on 18 April 2011: AED 576 per sqft for 2,342 sqft. The villa has 2 registered sales; the first was AED 2,265,000 in January 2011.

What is the rent for villa S08/TH48?

AED 120,000 a year on the contract renewed on 17 January 2024. The previous contract, from January 2023, was AED 100,000; the villa has been rented since August 2012.

How big is villa S08/TH48?

2,342 sqft (217.6 sqm): a three-bedroom villa in The Springs 11, completed in 2008.

What is villa S08/TH48 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 S08/TH48, The Springs 11

Starts from the last sale price (AED 1.35M, 18 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

Plus AED 61,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →