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

S09/TH56, The Springs 11

Sold prices and rental history: sold 4 times, last in June 2022, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH56 · DLD and Ejari recordsUpdated 1 January 2023
Last soldAED 2.3M2 June 2022
Current rentAED 131K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH56, The Springs 11

What is S09/TH56 worth today?

Last sold for AED 2,300,000 in 2022

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1 Jan 2023RentedNew contract
AED 131,250/yr12 months · AED 74 per sqft
2 Jun 2022SoldReady
AED 2,300,000AED 1,304 per sqft
1 Jul 2021RentedRenewal
AED 115,944/yr6 months · AED 66 per sqft
1 Feb 2020RentedNew contract
AED 115,000/yr12 months · AED 65 per sqft
16 Nov 2018RentedNew contract
AED 145,000/yr12 months · AED 82 per sqft
28 Oct 2017RentedNew contract
AED 160,000/yr12 months · AED 91 per sqft
10 Oct 2016RentedNew contract
AED 170,000/yr12 months · AED 96 per sqft
29 Apr 2015SoldReady
AED 2,300,000AED 1,304 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2023.

Key facts

Type
2-bed villa
Size
1,763 sqft
Developer
Emaar
Completed
2008
Service charge
AED 3,800 /yr
Last sold
AED 2.3M · June 2022
Community
The Springs 11

About S09/TH56, The Springs 11

S09/TH56 is a two-bedroom villa of 1,763 sqft in The Springs 11, a villa community in The Springs completed in 2008 by Emaar. It last sold on 2 June 2022 for AED 2,300,000, or AED 1,304 per sqft, 24% above the AED 1,050 two-beds in the community were fetching at the time.

It has been rented continuously since 2011 on 10 Ejari contracts. The current contract, signed on 1 January 2023, is AED 131,250 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 3,800 a year.

Sales and rents for S09/TH56 over time

Sales
Villa S09/TH56, 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, May 2008: AED 1,060,000 (AED 601 per sqft)Sold, November 2011: AED 1,515,000 (AED 859 per sqft)Sold, April 2015: AED 2,300,000 (AED 1,304 per sqft)Sold, June 2022: AED 2,300,000 (AED 1,304 per sqft)

S09/TH56 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S09/TH56, 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, May 2011: AED 90,000 a yearNew contract, May 2013: AED 115,000 a yearRenewal, May 2014: AED 125,000 a yearNew contract, May 2014: AED 125,000 a yearNew contract, October 2016: AED 170,000 a yearNew contract, October 2017: AED 160,000 a yearNew contract, November 2018: AED 145,000 a yearNew contract, February 2020: AED 115,000 a yearRenewal, July 2021: AED 115,944 a yearNew contract, January 2023: AED 131,250 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 S09/TH56 sits

All 179 2-beds →

S09/TH56 last sold in June 2022 at AED 1,304 per sqft, 24% above what two-beds in The Springs 11 were fetching at the time (AED 1,050). 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. S09/TH56's AED 131,250 is in the lower half 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 →

S09/TH56, The Springs 11 in numbers

  • Sold 4 times: first on 6 May 2008 for AED 1,060,000, last on 2 June 2022 for AED 2,300,000 (AED 1,304 per sqft).
  • Rented since May 2011 on 10 Ejari contracts, from AED 90,000 to AED 131,250 a year.
  • At AED 131,250 a year the gross yield on the 2022 price is 5.7%, 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 January 2023.

Questions about S09/TH56, The Springs 11

What did villa S09/TH56 last sell for?

AED 2,300,000 on 2 June 2022: AED 1,304 per sqft for 1,763 sqft. The villa has 4 registered sales; the first was AED 1,060,000 in May 2008.

What is the rent for villa S09/TH56?

AED 131,250 a year on the contract signed on 1 January 2023. The previous contract, from July 2021, was AED 115,944; the villa has been rented since May 2011.

How big is villa S09/TH56?

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

What is villa S09/TH56 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 S09/TH56, The Springs 11

Starts from the last sale price (AED 2.3M, 2 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

Plus AED 101,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →