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3-bed · 3,059 sqftThe Springs 11, The Springs · completed 2008

S08/TH62, The Springs 11

Sold prices and rental history: sold once, by the developer in October 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S08/TH62 · DLD and Ejari recordsUpdated 5 August 2023
Last soldAED 452K7 October 2009
Current rentAED 190K /yr5 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S08/TH62, The Springs 11

What is S08/TH62 worth today?

Last sold for AED 451,944 in 2009

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5 Aug 2023RentedRenewal
AED 190,000/yr9 months · AED 62 per sqft
5 Aug 2021RentedRenewal
AED 82,500/yr24 months · AED 27 per sqft
5 Aug 2020RentedNew contract
AED 145,000/yr12 months · AED 47 per sqft
5 Sep 2019RentedRenewal
AED 155,000/yr12 months · AED 51 per sqft
5 Sep 2018RentedRenewal
AED 160,000/yr12 months · AED 52 per sqft
28 Sep 2016RentedRenewal
AED 205,000/yr12 months · AED 67 per sqft
28 Sep 2014RentedNew contract
AED 200,000/yr12 months · AED 65 per sqft
28 Sep 2013RentedNew contract
AED 200,000/yr12 months · AED 65 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2023.

Key facts

Type
3-bed villa
Size
3,059 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,500 /yr
Last sold
AED 452K · October 2009
Community
The Springs 11

About S08/TH62, The Springs 11

S08/TH62 is a three-bedroom villa of 3,059 sqft in The Springs 11, a villa community in The Springs completed in 2008 by Emaar. The developer sold it on 7 October 2009 for AED 451,944, or AED 147 per sqft, 62% below the AED 389 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 5 August 2023, is AED 190,000 a year: a gross yield of 42.0% on the 2009 price, before the service charge of about AED 6,500 a year.

Sales and rents for S08/TH62 over time

Sales
Villa S08/TH62, 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, October 2009: AED 451,944 (AED 147 per sqft)

S08/TH62 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S08/TH62, 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 2013: AED 200,000 a yearNew contract, September 2014: AED 200,000 a yearRenewal, September 2016: AED 205,000 a yearRenewal, September 2018: AED 160,000 a yearRenewal, September 2019: AED 155,000 a yearNew contract, August 2020: AED 145,000 a yearRenewal, August 2021: AED 82,500 a yearRenewal, August 2023: AED 190,000 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/TH62 sits

All 241 3-beds →

S08/TH62 last sold in October 2009 at AED 147 per sqft, 62% below what three-beds in The Springs 11 were fetching at the time (AED 389). 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/TH62's AED 190,000 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/TH62, The Springs 11 in numbers

  • Sold once: by Emaar on 7 October 2009 for AED 451,944, or AED 147 per sqft.
  • Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 200,000 to AED 82,500 in 2021 and recovered to AED 190,000 by August 2023.
  • At AED 190,000 a year the gross yield on the 2009 price is 42.0%, before a service charge of about AED 6,500 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 5 August 2023.

Questions about S08/TH62, The Springs 11

What did villa S08/TH62 last sell for?

AED 451,944 on 7 October 2009, sold by the developer: AED 147 per sqft for 3,059 sqft. It is the only registered sale of the villa.

What is the rent for villa S08/TH62?

AED 190,000 a year on the contract renewed on 5 August 2023. The previous contract, from August 2021, was AED 82,500; the villa has been rented since September 2013.

How big is villa S08/TH62?

3,059 sqft (284.2 sqm): a three-bedroom villa in The Springs 11, completed in 2008.

What is villa S08/TH62 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/TH62, The Springs 11

Starts from the last sale price (AED 452K, 7 October 2009). Switch to today's estimate once you have unlocked it.
Price
AED 451,944
Deposit, UAE resident (20%)
AED 90,389
Deposit, non-resident (40%)
AED 180,778
Monthly over 25 years at 3.7%
AED 1,849

Plus AED 21,892 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →