2-bed · 1,657 sqftThe Springs 12, The Springs · completed 2005

S01/TH04, The Springs 12

Sold prices and rental history: sold 4 times, last in November 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH04 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 2.35M1 November 2023
Current rentAED 103K /yr7 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH04, The Springs 12

What is S01/TH04 worth today?

Last sold for AED 2,350,000 in 2023

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1 Nov 2023SoldReady
AED 2,350,000AED 1,418 per sqft
7 Mar 2023RentedRenewal
AED 102,500/yr12 months · AED 62 per sqft
7 Mar 2022RentedNew contract
AED 102,500/yr12 months · AED 62 per sqft
7 Mar 2021RentedNew contract
AED 95,000/yr12 months · AED 57 per sqft
16 Feb 2021SoldReady
AED 1,200,000AED 724 per sqft
1 Feb 2020RentedRenewal
AED 85,000/yr12 months · AED 51 per sqft
1 Feb 2019RentedNew contract
AED 92,000/yr12 months · AED 56 per sqft
17 Oct 2017RentedNew contract
AED 120,000/yr12 months · AED 72 per sqft

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

Key facts

Type
2-bed villa
Size
1,657 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 2.35M · November 2023

About S01/TH04, The Springs 12

S01/TH04 is a two-bedroom villa of 1,657 sqft in The Springs 12, a villa community in The Springs completed in 2005 by Emaar. It last sold on 1 November 2023 for AED 2,350,000, or AED 1,418 per sqft, 7% above the AED 1,331 two-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 7 March 2023, is AED 102,500 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 3,500 a year.

Sales and rents for S01/TH04 over time

Sales
Villa S01/TH04, each saleTypical two-bed in The Springs 12
02M2007201220172022Typical sale price by year: 2007 AED 485,888; 2008 AED 995,000; 2009 AED 873,500; 2010 AED 492,888; 2011 AED 1,000,000; 2012 AED 1,277,500; 2013 AED 1,765,000; 2014 AED 2,150,000; 2015 AED 1,775,000; 2016 AED 1,575,000; 2017 AED 1,765,000; 2018 AED 1,650,000; 2019 AED 1,550,000; 2020 AED 1,330,000; 2021 AED 1,462,500; 2022 AED 1,800,000; 2023 AED 2,400,000; 2024 AED 2,923,750; 2025 AED 3,380,000Sold by developer, November 2008: AED 1,000,000 (AED 603 per sqft)Sold, June 2009: AED 1,005,000 (AED 606 per sqft)Sold, February 2021: AED 1,200,000 (AED 724 per sqft)Sold, November 2023: AED 2,350,000 (AED 1,418 per sqft)

S01/TH04 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S01/TH04, each contractTypical two-bed in The Springs 12
100K150K20112015201920232027Typical rent by year: 2011 AED 85,000; 2012 AED 88,000; 2013 AED 99,862; 2014 AED 115,417; 2015 AED 130,000; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 83,000; 2021 AED 85,000; 2022 AED 94,500; 2023 AED 110,000; 2024 AED 136,359; 2025 AED 145,000; 2026 AED 170,000New contract, October 2013: AED 89,759 a yearNew contract, October 2014: AED 120,000 a yearNew contract, October 2017: AED 120,000 a yearNew contract, February 2019: AED 92,000 a yearRenewal, February 2020: AED 85,000 a yearNew contract, March 2021: AED 95,000 a yearNew contract, March 2022: AED 102,500 a yearRenewal, March 2023: AED 102,500 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 12, and where S01/TH04 sits

All 144 2-beds →

S01/TH04 last sold in November 2023 at AED 1,418 per sqft, 7% above what two-beds in The Springs 12 were fetching at the time (AED 1,331). Over the last 12 months two-beds sold for AED 3,200,000 to 4,250,000, around AED 2,082 per sqft, and rent for AED 50,000 to 220,000 a year. S01/TH04's AED 102,500 is in the lower half of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
19 Jan 20263,800,000
6 Jan 20264,250,000
8 Dec 20253,375,000
5 Dec 20253,450,000
8 2-bed sales in the last 12 months

The Springs 12

Community

308 villas, 2-bed to 3-bed in The Springs, completed in 2005 by Emaar. 13 sold in the last 12 months.

Typical price per sqft
AED 2,275 Up 8.1%
Typical sale
AED 3.8M
Typical rent
AED 185K /yr
Typical yield
4.4%
The Springs 12, The Springs: prices, sales and rents →

S01/TH04, The Springs 12 in numbers

  • Sold 4 times: first on 5 November 2008 for AED 1,000,000, last on 1 November 2023 for AED 2,350,000 (AED 1,418 per sqft).
  • Rented since October 2013 on 8 Ejari contracts, from AED 89,759 to AED 102,500 a year.
  • At AED 102,500 a year the gross yield on the 2023 price is 4.4%, before a service charge of about AED 3,500 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 12 sold for AED 3,200,000–4,250,000 in the 12 months to November 2026; the community's median across all types is AED 2,275 per sqft.

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

Questions about S01/TH04, The Springs 12

What did villa S01/TH04 last sell for?

AED 2,350,000 on 1 November 2023: AED 1,418 per sqft for 1,657 sqft. The villa has 4 registered sales; the first was AED 1,000,000 in November 2008.

What is the rent for villa S01/TH04?

AED 102,500 a year on the contract renewed on 7 March 2023. The previous contract, from March 2022, was AED 102,500; the villa has been rented since October 2013.

How big is villa S01/TH04?

1,657 sqft (153.9 sqm): a two-bedroom villa in The Springs 12, completed in 2005.

What is villa S01/TH04 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 12 sold for AED 3,200,000 to 4,250,000 in the last 12 months, around AED 2,082 per sqft.

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Mortgage on S01/TH04, The Springs 12

Starts from the last sale price (AED 2.35M, 1 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

Plus AED 103,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →