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3-bed · 2,343 sqftThe Springs 11, The Springs · completed 2008

S08/TH56, The Springs 11

Sold prices and rental history: sold 3 times, last in December 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S08/TH56 · DLD and Ejari recordsUpdated 20 November 2023
Last soldAED 1.5M9 December 2010
Current rentAED 192K /yr20 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S08/TH56, The Springs 11

What is S08/TH56 worth today?

Last sold for AED 1,500,000 in 2010

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20 Nov 2023RentedRenewal
AED 192,000/yr12 months · AED 82 per sqft
20 Nov 2022RentedNew contract
AED 170,000/yr12 months · AED 73 per sqft
15 Nov 2021RentedNew contract
AED 145,000/yr12 months · AED 62 per sqft
1 Nov 2020RentedRenewal
AED 108,000/yr12 months · AED 46 per sqft
1 Nov 2019RentedNew contract
AED 120,000/yr12 months · AED 51 per sqft
17 Oct 2018RentedRenewal
AED 145,000/yr12 months · AED 62 per sqft
17 Oct 2017RentedNew contract
AED 145,000/yr12 months · AED 62 per sqft
15 Sep 2013RentedNew contract
AED 142,500/yr12 months · AED 61 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 November 2023.

Key facts

Type
3-bed villa
Size
2,343 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,000 /yr
Last sold
AED 1.5M · December 2010
Community
The Springs 11

About S08/TH56, The Springs 11

S08/TH56 is a three-bedroom villa of 2,343 sqft in The Springs 11, a villa community in The Springs completed in 2008 by Emaar. It last sold on 9 December 2010 for AED 1,500,000, or AED 640 per sqft, 55% above the AED 413 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 20 November 2023, is AED 192,000 a year: a gross yield of 12.8% on the 2010 price, before the service charge of about AED 5,000 a year.

Sales and rents for S08/TH56 over time

Sales
Villa S08/TH56, 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, June 2008: AED 631,888 (AED 269 per sqft)Sold, June 2008: AED 3,100,000 (AED 1,322 per sqft)Sold, December 2010: AED 1,500,000 (AED 640 per sqft)

S08/TH56 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S08/TH56, 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, September 2012: AED 135,000 a yearNew contract, September 2013: AED 142,500 a yearNew contract, October 2017: AED 145,000 a yearRenewal, October 2018: AED 145,000 a yearNew contract, November 2019: AED 120,000 a yearRenewal, November 2020: AED 108,000 a yearNew contract, November 2021: AED 145,000 a yearNew contract, November 2022: AED 170,000 a yearRenewal, November 2023: AED 192,000 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/TH56 sits

All 241 3-beds →

S08/TH56 last sold in December 2010 at AED 640 per sqft, 55% above what three-beds in The Springs 11 were fetching at the time (AED 413). 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/TH56's AED 192,000 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/TH56, The Springs 11 in numbers

  • Sold 3 times: first on 19 June 2008 for AED 3,100,000, last on 9 December 2010 for AED 1,500,000 (AED 640 per sqft).
  • Rented since September 2012 on 9 Ejari contracts. The rent fell from AED 135,000 to AED 108,000 in 2020 and recovered to AED 192,000 by November 2023.
  • At AED 192,000 a year the gross yield on the 2010 price is 12.8%, 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 20 November 2023.

Questions about S08/TH56, The Springs 11

What did villa S08/TH56 last sell for?

AED 1,500,000 on 9 December 2010: AED 640 per sqft for 2,343 sqft. The villa has 3 registered sales; the first was AED 3,100,000 in June 2008.

What is the rent for villa S08/TH56?

AED 192,000 a year on the contract renewed on 20 November 2023. The previous contract, from November 2022, was AED 170,000; the villa has been rented since September 2012.

How big is villa S08/TH56?

2,343 sqft (217.7 sqm): a three-bedroom villa in The Springs 11, completed in 2008.

What is villa S08/TH56 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/TH56, The Springs 11

Starts from the last sale price (AED 1.5M, 9 December 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →