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

S01/TH08, The Springs 12

Sold prices and rental history: sold 3 times, last in October 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH08 · DLD and Ejari recordsUpdated 20 October 2020
Last soldAED 1.15M20 October 2020
Current rentAED 102K /yr29 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH08, The Springs 12

What is S01/TH08 worth today?

Last sold for AED 1,150,000 in 2020

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20 Oct 2020SoldReady
AED 1,150,000AED 694 per sqft
29 Sep 2019RentedRenewal
AED 102,300/yr12 months · AED 62 per sqft
29 Sep 2018RentedRenewal
AED 102,300/yr12 months · AED 62 per sqft
29 Sep 2016RentedRenewal
AED 93,000/yr12 months · AED 56 per sqft
29 Sep 2015RentedRenewal
AED 93,000/yr12 months · AED 56 per sqft
26 Mar 2014SoldReady
AED 2,200,000AED 1,327 per sqft
29 Sep 2013RentedNew contract
AED 93,000/yr12 months · AED 56 per sqft
30 Sep 2012RentedNew contract
AED 88,000/yr12 months · AED 53 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 October 2020.

Key facts

Type
2-bed villa
Size
1,657 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 1.15M · October 2020

About S01/TH08, The Springs 12

S01/TH08 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 20 October 2020 for AED 1,150,000, or AED 694 per sqft.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 29 September 2019, is AED 102,300 a year: a gross yield of 8.9% on the 2020 price, before the service charge of about AED 3,500 a year.

Sales and rents for S01/TH08 over time

Sales
Villa S01/TH08, 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, June 2007: AED 525,000 (AED 316 per sqft)Sold, March 2014: AED 2,200,000 (AED 1,327 per sqft)Sold, October 2020: AED 1,150,000 (AED 694 per sqft)

S01/TH08 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S01/TH08, 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, September 2012: AED 88,000 a yearNew contract, September 2013: AED 93,000 a yearRenewal, September 2015: AED 93,000 a yearRenewal, September 2016: AED 93,000 a yearRenewal, September 2018: AED 102,300 a yearRenewal, September 2019: AED 102,300 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/TH08 sits

All 144 2-beds →

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/TH08's AED 102,300 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/TH08, The Springs 12 in numbers

  • Sold 3 times: first on 24 June 2007 for AED 525,000, last on 20 October 2020 for AED 1,150,000 (AED 694 per sqft).
  • Rented since September 2012 on 6 Ejari contracts, from AED 88,000 to AED 102,300 a year.
  • At AED 102,300 a year the gross yield on the 2020 price is 8.9%, 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 20 October 2020.

Questions about S01/TH08, The Springs 12

What did villa S01/TH08 last sell for?

AED 1,150,000 on 20 October 2020: AED 694 per sqft for 1,657 sqft. The villa has 3 registered sales; the first was AED 525,000 in June 2007.

What is the rent for villa S01/TH08?

AED 102,300 a year on the contract renewed on 29 September 2019. The previous contract, from September 2018, was AED 102,300; the villa has been rented since September 2012.

How big is villa S01/TH08?

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

What is villa S01/TH08 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/TH08, The Springs 12

Starts from the last sale price (AED 1.15M, 20 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →