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

S01/TH62, The Springs 12

Sold prices and rental history: sold once, by the developer in March 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/TH62 · DLD and Ejari recordsUpdated 31 May 2024
Last soldAED 1.07M20 March 2013
Current rentAED 258K /yr31 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH62, The Springs 12

What is S01/TH62 worth today?

Last sold for AED 1,069,888 in 2013

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31 May 2024RentedRenewal
AED 258,000/yr12 months · AED 88 per sqft
1 Jun 2023RentedRenewal
AED 215,000/yr12 months · AED 74 per sqft
1 Jun 2021RentedRenewal
AED 150,000/yr12 months · AED 51 per sqft
1 Jun 2020RentedNew contract
AED 150,000/yr12 months · AED 51 per sqft
1 Jul 2018RentedRenewal
AED 180,000/yr12 months · AED 62 per sqft
1 Jul 2017RentedRenewal
AED 190,000/yr12 months · AED 65 per sqft
1 Jul 2016RentedRenewal
AED 190,000/yr12 months · AED 65 per sqft
1 Jul 2015RentedNew contract
AED 190,000/yr12 months · AED 65 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 May 2024.

Key facts

Type
3-bed villa
Size
2,917 sqft
Developer
Emaar
Completed
2005
Service charge
AED 6,200 /yr
Last sold
AED 1.07M · March 2013
Community
The Springs 12

About S01/TH62, The Springs 12

S01/TH62 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 20 March 2013 for AED 1,069,888, or AED 366 per sqft, 60% below the AED 924 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 31 May 2024, is AED 258,000 a year: a gross yield of 24.1% on the 2013 price, before the service charge of about AED 6,200 a year.

Sales and rents for S01/TH62 over time

Sales
Villa S01/TH62, 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, March 2013: AED 1,069,888 (AED 366 per sqft)

S01/TH62 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH62, 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, July 2013: AED 190,000 a yearNew contract, July 2014: AED 190,000 a yearNew contract, July 2015: AED 190,000 a yearRenewal, July 2016: AED 190,000 a yearRenewal, July 2017: AED 190,000 a yearRenewal, July 2018: AED 180,000 a yearNew contract, June 2020: AED 150,000 a yearRenewal, June 2021: AED 150,000 a yearRenewal, June 2023: AED 215,000 a yearRenewal, May 2024: AED 258,000 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/TH62 sits

All 164 3-beds →

S01/TH62 last sold in March 2013 at AED 366 per sqft, 60% below what three-beds in The Springs 12 were fetching at the time (AED 924). 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/TH62's AED 258,000 is in the upper 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/TH62, The Springs 12 in numbers

  • Sold once: by Emaar on 20 March 2013 for AED 1,069,888, or AED 366 per sqft.
  • Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 190,000 to AED 150,000 in 2021 and recovered to AED 258,000 by May 2024.
  • At AED 258,000 a year the gross yield on the 2013 price is 24.1%, 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 31 May 2024.

Questions about S01/TH62, The Springs 12

What did villa S01/TH62 last sell for?

AED 1,069,888 on 20 March 2013, sold by the developer: AED 366 per sqft for 2,917 sqft. It is the only registered sale of the villa.

What is the rent for villa S01/TH62?

AED 258,000 a year on the contract renewed on 31 May 2024. The previous contract, from June 2023, was AED 215,000; the villa has been rented since July 2013.

How big is villa S01/TH62?

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

What is villa S01/TH62 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/TH62, The Springs 12

Starts from the last sale price (AED 1.07M, 20 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,069,888
Deposit, UAE resident (20%)
AED 213,978
Deposit, non-resident (40%)
AED 427,955
Monthly over 25 years at 3.7%
AED 4,377

Plus AED 49,946 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →