3-bed · 2,365 sqftThe Springs 11, The Springs · completed 2008

S09/TH14, The Springs 11

Sold prices and rental history: sold once, by the developer in December 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH14 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 848K15 December 2008
Current rentAED 190K /yr15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH14, The Springs 11

What is S09/TH14 worth today?

Last sold for AED 847,500 in 2008

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15 May 2024RentedRenewal
AED 190,000/yr12 months · AED 80 per sqft
15 May 2023RentedNew contract
AED 190,000/yr12 months · AED 80 per sqft
15 Aug 2021RentedRenewal
AED 115,000/yr12 months · AED 49 per sqft
15 Aug 2020RentedNew contract
AED 110,000/yr12 months · AED 47 per sqft
31 Mar 2015RentedNew contract
AED 155,000/yr12 months · AED 66 per sqft
21 Sep 2013RentedNew contract
AED 132,300/yr12 months · AED 56 per sqft
15 Dec 2008Sold by developerReady
AED 847,500AED 358 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2024.

Key facts

Type
3-bed villa
Size
2,365 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,000 /yr
Last sold
AED 848K · December 2008

About S09/TH14, The Springs 11

S09/TH14 is a three-bedroom villa of 2,365 sqft in The Springs 11, a villa community in The Springs completed in 2008 by Emaar. The developer sold it on 15 December 2008 for AED 847,500, or AED 358 per sqft, 16% below the AED 426 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 15 May 2024, is AED 190,000 a year: a gross yield of 22.4% on the 2008 price, before the service charge of about AED 5,000 a year.

Sales and rents for S09/TH14 over time

Sales
Villa S09/TH14, 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, December 2008: AED 847,500 (AED 358 per sqft)

S09/TH14 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S09/TH14, each contractTypical three-bed in The Springs 11
100K150K200K2012201620202024Typical 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 132,300 a yearNew contract, March 2015: AED 155,000 a yearNew contract, August 2020: AED 110,000 a yearRenewal, August 2021: AED 115,000 a yearNew contract, May 2023: AED 190,000 a yearRenewal, May 2024: 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 S09/TH14 sits

All 241 3-beds →

S09/TH14 last sold in December 2008 at AED 358 per sqft, 16% below what three-beds in The Springs 11 were fetching at the time (AED 426). 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. S09/TH14'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 →

S09/TH14, The Springs 11 in numbers

  • Sold once: by Emaar on 15 December 2008 for AED 847,500, or AED 358 per sqft.
  • Rented since September 2013 on 6 Ejari contracts. The rent fell from AED 132,300 to AED 110,000 in 2020 and recovered to AED 190,000 by May 2024.
  • At AED 190,000 a year the gross yield on the 2008 price is 22.4%, 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 15 May 2024.

Questions about S09/TH14, The Springs 11

What did villa S09/TH14 last sell for?

AED 847,500 on 15 December 2008, sold by the developer: AED 358 per sqft for 2,365 sqft. It is the only registered sale of the villa.

What is the rent for villa S09/TH14?

AED 190,000 a year on the contract renewed on 15 May 2024. The previous contract, from May 2023, was AED 190,000; the villa has been rented since September 2013.

How big is villa S09/TH14?

2,365 sqft (219.7 sqm): a three-bedroom villa in The Springs 11, completed in 2008.

What is villa S09/TH14 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 S09/TH14, The Springs 11

Starts from the last sale price (AED 848K, 15 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 847,500
Deposit, UAE resident (20%)
AED 169,500
Deposit, non-resident (40%)
AED 339,000
Monthly over 25 years at 3.7%
AED 3,467

Plus AED 40,605 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →