2-bed · 1,763 sqftThe Springs 12, The Springs · completed 2005

S01/TH83, The Springs 12

Sold prices and rental history: sold twice, last in September 2017, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH83 · DLD and Ejari recordsUpdated 19 September 2017
Last soldAED 2.15M19 September 2017
Current rentAED 135K /yr15 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH83, The Springs 12

What is S01/TH83 worth today?

Last sold for AED 2,150,000 in 2017

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19 Sep 2017SoldReady
AED 2,150,000AED 1,219 per sqft
15 Nov 2015RentedRenewal
AED 135,000/yr12 months · AED 77 per sqft
15 Nov 2014RentedNew contract
AED 145,000/yr12 months · AED 82 per sqft
10 Dec 2013RentedNew contract
AED 145,000/yr12 months · AED 82 per sqft
7 Sep 2011RentedNew contract
AED 85,000/yr12 months · AED 48 per sqft
7 Jul 2011Sold by developerReady
AED 251,444AED 142 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 September 2017.

Key facts

Type
2-bed villa
Size
1,763 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,800 /yr
Last sold
AED 2.15M · September 2017

About S01/TH83, The Springs 12

S01/TH83 is a two-bedroom villa of 1,763 sqft in The Springs 12, a villa community in The Springs completed in 2005 by Emaar. It last sold on 19 September 2017 for AED 2,150,000, or AED 1,219 per sqft, 19% above the AED 1,027 two-beds in the community were fetching at the time.

It has been rented continuously since 2011 on 4 Ejari contracts. The current contract, renewed on 15 November 2015, is AED 135,000 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 3,800 a year.

Sales and rents for S01/TH83 over time

Sales
Villa S01/TH83, 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, July 2011: AED 251,444 (AED 142 per sqft)Sold, September 2017: AED 2,150,000 (AED 1,219 per sqft)

S01/TH83 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S01/TH83, 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 2011: AED 85,000 a yearNew contract, December 2013: AED 145,000 a yearNew contract, November 2014: AED 145,000 a yearRenewal, November 2015: AED 135,000 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/TH83 sits

All 144 2-beds →

S01/TH83 last sold in September 2017 at AED 1,219 per sqft, 19% above what two-beds in The Springs 12 were fetching at the time (AED 1,027). 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/TH83's AED 135,000 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/TH83, The Springs 12 in numbers

  • Sold twice: first on 7 July 2011 for AED 251,444, last on 19 September 2017 for AED 2,150,000 (AED 1,219 per sqft).
  • Rented since September 2011 on 4 Ejari contracts, from AED 85,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2017 price is 6.3%, 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 19 September 2017.

Questions about S01/TH83, The Springs 12

What did villa S01/TH83 last sell for?

AED 2,150,000 on 19 September 2017: AED 1,219 per sqft for 1,763 sqft. The villa has 2 registered sales; the first was AED 251,444 in July 2011.

What is the rent for villa S01/TH83?

AED 135,000 a year on the contract renewed on 15 November 2015. The previous contract, from November 2014, was AED 145,000; the villa has been rented since September 2011.

How big is villa S01/TH83?

1,763 sqft (163.8 sqm): a two-bedroom villa in The Springs 12, completed in 2005.

What is villa S01/TH83 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/TH83, The Springs 12

Starts from the last sale price (AED 2.15M, 19 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

Plus AED 95,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →