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3-bed · 2,917 sqftThe Springs 12, The Springs · completed 2005

S01/TH56, The Springs 12

Sold prices and rental history: sold once, by the developer in August 2007, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH56 · DLD and Ejari recordsUpdated 12 July 2024
Last soldAED 1.08M28 August 2007
Current rentAED 239K /yr12 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH56, The Springs 12

What is S01/TH56 worth today?

Last sold for AED 1,082,888 in 2007

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12 Jul 2024RentedRenewal
AED 238,500/yr12 months · AED 82 per sqft
12 Jul 2023RentedRenewal
AED 238,500/yr12 months · AED 82 per sqft
12 Jul 2022RentedNew contract
AED 230,000/yr12 months · AED 79 per sqft
5 Mar 2022RentedRenewal
AED 155,000/yr4 months · AED 53 per sqft
5 Mar 2021RentedRenewal
AED 155,000/yr12 months · AED 53 per sqft
1 Oct 2019RentedNew contract · flagged as an outlier
AED 544,390/yr4 months · AED 187 per sqft
31 Jan 2018RentedNew contract
AED 180,000/yr12 months · AED 62 per sqft
20 Feb 2016RentedRenewal
AED 225,000/yr12 months · AED 77 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 July 2024.

Key facts

Type
3-bed villa
Size
2,917 sqft
Developer
Emaar
Completed
2005
Service charge
AED 6,200 /yr
Last sold
AED 1.08M · August 2007
Community
The Springs 12

About S01/TH56, The Springs 12

S01/TH56 is a three-bedroom villa of 2,917 sqft in The Springs 12, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 28 August 2007 for AED 1,082,888, or AED 371 per sqft, 19% above the AED 311 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 12 July 2024, is AED 238,500 a year: a gross yield of 22.0% on the 2007 price, before the service charge of about AED 6,200 a year.

Sales and rents for S01/TH56 over time

Sales
Villa S01/TH56, each saleTypical three-bed in The Springs 12
02.5M5M2007201220172022Typical sale price by year: 2007 AED 642,444; 2008 AED 978,444; 2009 AED 1,920,000; 2010 AED 1,150,000; 2011 AED 1,150,000; 2012 AED 2,025,000; 2013 AED 2,637,500; 2014 AED 3,100,000; 2015 AED 2,800,000; 2016 AED 2,500,000; 2017 AED 2,200,000; 2019 AED 1,960,000; 2020 AED 1,725,000; 2021 AED 3,025,000; 2022 AED 2,785,000; 2023 AED 3,450,000; 2024 AED 3,925,000; 2025 AED 6,100,000Sold by developer, August 2007: AED 1,082,888 (AED 371 per sqft)

S01/TH56 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH56, each contractTypical three-bed in The Springs 12
100K200K300K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 155,418; 2014 AED 170,000; 2015 AED 175,000; 2016 AED 175,000; 2017 AED 160,000; 2018 AED 150,000; 2019 AED 132,000; 2020 AED 120,000; 2021 AED 130,000; 2022 AED 145,000; 2023 AED 183,850; 2024 AED 212,500; 2025 AED 230,000; 2026 AED 285,000New contract, October 2012: AED 200,000 a yearNew contract, February 2015: AED 225,000 a yearRenewal, February 2016: AED 225,000 a yearNew contract, January 2018: AED 180,000 a yearRenewal, March 2021: AED 155,000 a yearRenewal, March 2022: AED 155,000 a yearNew contract, July 2022: AED 230,000 a yearRenewal, July 2023: AED 238,500 a yearRenewal, July 2024: AED 238,500 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in The Springs 12, and where S01/TH56 sits

All 164 3-beds →

S01/TH56 last sold in August 2007 at AED 371 per sqft, 19% above what three-beds in The Springs 12 were fetching at the time (AED 311). Over the last 12 months three-beds sold for AED 5,250,000 to 6,700,000, around AED 2,507 per sqft, and rent for AED 177,100 to 300,000 a year. S01/TH56's AED 238,500 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
5 Feb 20266,700,000
15 Jan 20265,250,000
5 Dec 20256,100,000
4 Dec 20256,350,000
5 3-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/TH56, The Springs 12 in numbers

  • Sold once: by Emaar on 28 August 2007 for AED 1,082,888, or AED 371 per sqft.
  • Rented since October 2012 on 10 Ejari contracts. The rent fell from AED 200,000 to AED 155,000 in 2022 and recovered to AED 238,500 by July 2024.
  • At AED 238,500 a year the gross yield on the 2007 price is 22.0%, before a service charge of about AED 6,200 a year (AED 2.13 per sqft).
  • Three-beds in The Springs 12 sold for AED 5,250,000–6,700,000 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 12 July 2024.

Questions about S01/TH56, The Springs 12

What did villa S01/TH56 last sell for?

AED 1,082,888 on 28 August 2007, sold by the developer: AED 371 per sqft for 2,917 sqft. It is the only registered sale of the villa.

What is the rent for villa S01/TH56?

AED 238,500 a year on the contract renewed on 12 July 2024. The previous contract, from July 2023, was AED 238,500; the villa has been rented since October 2012.

How big is villa S01/TH56?

2,917 sqft (271.0 sqm): a three-bedroom villa in The Springs 12, completed in 2005.

What is villa S01/TH56 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Springs 12 sold for AED 5,250,000 to 6,700,000 in the last 12 months, around AED 2,507 per sqft.

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Mortgage on S01/TH56, The Springs 12

Starts from the last sale price (AED 1.08M, 28 August 2007). Switch to today's estimate once you have unlocked it.
Price
AED 1,082,888
Deposit, UAE resident (20%)
AED 216,578
Deposit, non-resident (40%)
AED 433,155
Monthly over 25 years at 3.7%
AED 4,430

Plus AED 50,492 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →