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

S01/TH16, The Springs 12

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

Villa S01/TH16 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 2M7 October 2013
Current rentAED 114K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH16, The Springs 12

What is S01/TH16 worth today?

Last sold for AED 2,000,000 in 2013

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1 May 2024RentedRenewal
AED 114,100/yr12 months · AED 69 per sqft
1 May 2023RentedRenewal
AED 99,225/yr12 months · AED 60 per sqft
1 May 2022RentedRenewal
AED 94,500/yr12 months · AED 57 per sqft
1 May 2021RentedNew contract
AED 90,000/yr12 months · AED 54 per sqft
5 Apr 2020RentedNew contract
AED 75,000/yr12 months · AED 45 per sqft
26 Nov 2016RentedRenewal
AED 130,000/yr12 months · AED 78 per sqft
7 Oct 2013SoldReady
AED 2,000,000AED 1,207 per sqft
15 Sep 2013RentedNew contract
AED 110,000/yr12 months · AED 66 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.

Key facts

Type
2-bed villa
Size
1,657 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 2M · October 2013
Community
The Springs 12

About S01/TH16, The Springs 12

S01/TH16 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 7 October 2013 for AED 2,000,000, or AED 1,207 per sqft, 20% above the AED 1,007 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 114,100 a year: a gross yield of 5.7% on the 2013 price, before the service charge of about AED 3,500 a year.

Sales and rents for S01/TH16 over time

Sales
Villa S01/TH16, 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, March 2011: AED 1,840,000 (AED 1,110 per sqft)Sold, October 2013: AED 2,000,000 (AED 1,207 per sqft)

S01/TH16 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S01/TH16, 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 2013: AED 110,000 a yearRenewal, November 2016: AED 130,000 a yearNew contract, April 2020: AED 75,000 a yearNew contract, May 2021: AED 90,000 a yearRenewal, May 2022: AED 94,500 a yearRenewal, May 2023: AED 99,225 a yearRenewal, May 2024: AED 114,100 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/TH16 sits

All 144 2-beds →

S01/TH16 last sold in October 2013 at AED 1,207 per sqft, 20% above what two-beds in The Springs 12 were fetching at the time (AED 1,007). 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/TH16's AED 114,100 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/TH16, The Springs 12 in numbers

  • Sold twice: first on 17 March 2011 for AED 1,840,000, last on 7 October 2013 for AED 2,000,000 (AED 1,207 per sqft).
  • Rented since September 2013 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 75,000 in 2020 and recovered to AED 114,100 by May 2024.
  • At AED 114,100 a year the gross yield on the 2013 price is 5.7%, 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 May 2024.

Questions about S01/TH16, The Springs 12

What did villa S01/TH16 last sell for?

AED 2,000,000 on 7 October 2013: AED 1,207 per sqft for 1,657 sqft. The villa has 2 registered sales; the first was AED 1,840,000 in March 2011.

What is the rent for villa S01/TH16?

AED 114,100 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 99,225; the villa has been rented since September 2013.

How big is villa S01/TH16?

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

What is villa S01/TH16 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/TH16, The Springs 12

Starts from the last sale price (AED 2M, 7 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →