2-bed · 1,774 sqftThe Springs 12, The Springs · completed 2005

S01/TH18, The Springs 12

Sold prices and rental history: sold 3 times, last in May 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH18 · DLD and Ejari recordsUpdated 22 June 2024
Last soldAED 1.6M8 May 2018
Current rentAED 160K /yr22 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH18, The Springs 12

What is S01/TH18 worth today?

Last sold for AED 1,600,000 in 2018

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22 Jun 2024RentedNew contract
AED 160,000/yr12 months · AED 90 per sqft
27 Jul 2023RentedNew contract
AED 140,000/yr12 months · AED 79 per sqft
1 Nov 2021RentedRenewal
AED 90,000/yr18 months · AED 51 per sqft
1 Nov 2020RentedRenewal
AED 85,000/yr12 months · AED 48 per sqft
1 Nov 2018RentedNew contract
AED 110,000/yr24 months · AED 62 per sqft
8 May 2018SoldReady
AED 1,600,000AED 901 per sqft
15 Jul 2017RentedRenewal
AED 130,000/yr12 months · AED 73 per sqft
15 Jul 2016RentedNew contract
AED 130,000/yr12 months · AED 73 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 June 2024.

Key facts

Type
2-bed villa
Size
1,774 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,800 /yr
Last sold
AED 1.6M · May 2018

About S01/TH18, The Springs 12

S01/TH18 is a two-bedroom villa of 1,774 sqft in The Springs 12, a villa community in The Springs completed in 2005 by Emaar. It last sold on 8 May 2018 for AED 1,600,000, or AED 901 per sqft, 12% below the AED 1,020 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 22 June 2024, is AED 160,000 a year: a gross yield of 10.0% on the 2018 price, before the service charge of about AED 3,800 a year.

Sales and rents for S01/TH18 over time

Sales
Villa S01/TH18, 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, May 2011: AED 1,100,000 (AED 620 per sqft)Sold, May 2011: AED 486,888 (AED 274 per sqft)Sold, May 2018: AED 1,600,000 (AED 901 per sqft)

S01/TH18 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S01/TH18, each contractTypical two-bed in The Springs 12
100K20112015201920232027Typical 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, April 2012: AED 50,000 a yearNew contract, April 2013: AED 100,000 a yearNew contract, April 2014: AED 100,000 a yearNew contract, April 2015: AED 100,000 a yearNew contract, September 2015: AED 130,000 a yearNew contract, July 2016: AED 130,000 a yearRenewal, July 2017: AED 130,000 a yearNew contract, November 2018: AED 110,000 a yearRenewal, November 2020: AED 85,000 a yearRenewal, November 2021: AED 90,000 a yearNew contract, July 2023: AED 140,000 a yearNew contract, June 2024: AED 160,000 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/TH18 sits

All 144 2-beds →

S01/TH18 last sold in May 2018 at AED 901 per sqft, 12% below what two-beds in The Springs 12 were fetching at the time (AED 1,020). 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/TH18's AED 160,000 is in the upper 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/TH18, The Springs 12 in numbers

  • Sold 3 times: first on 23 May 2011 for AED 486,888, last on 8 May 2018 for AED 1,600,000 (AED 901 per sqft).
  • Rented since April 2012 on 12 Ejari contracts, from AED 50,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2018 price is 10.0%, before a service charge of about AED 3,800 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 22 June 2024.

Questions about S01/TH18, The Springs 12

What did villa S01/TH18 last sell for?

AED 1,600,000 on 8 May 2018: AED 901 per sqft for 1,774 sqft. The villa has 3 registered sales; the first was AED 486,888 in May 2011.

What is the rent for villa S01/TH18?

AED 160,000 a year on the contract signed on 22 June 2024. The previous contract, from July 2023, was AED 140,000; the villa has been rented since April 2012.

How big is villa S01/TH18?

1,774 sqft (164.8 sqm): a two-bedroom villa in The Springs 12, completed in 2005.

What is villa S01/TH18 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/TH18, The Springs 12

Starts from the last sale price (AED 1.6M, 8 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

Plus AED 72,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →