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2-bed · 1,650 sqftThe Springs 12, The Springs · completed 2005

S02/TH15, The Springs 12

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

Villa S02/TH15 · DLD and Ejari recordsUpdated 20 February 2020
Last soldAED 1.65M26 December 2012
Current rentAED 90K /yr20 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH15, The Springs 12

What is S02/TH15 worth today?

Last sold for AED 1,650,000 in 2012

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20 Feb 2020RentedRenewal
AED 90,000/yr12 months · AED 55 per sqft
20 Feb 2019RentedRenewal
AED 96,000/yr12 months · AED 58 per sqft
20 Feb 2017RentedRenewal
AED 128,000/yr12 months · AED 78 per sqft
20 Feb 2016RentedRenewal
AED 132,000/yr12 months · AED 80 per sqft
1 Jul 2013RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
26 Dec 2012SoldReady
AED 1,650,000AED 1,000 per sqft
12 Mar 2012RentedNew contract
AED 92,000/yr12 months · AED 56 per sqft
4 May 2010Sold by developerReady
AED 452,888AED 274 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 February 2020.

Key facts

Type
2-bed villa
Size
1,650 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 1.65M · December 2012
Community
The Springs 12

About S02/TH15, The Springs 12

S02/TH15 is a two-bedroom villa of 1,650 sqft in The Springs 12, a villa community in The Springs completed in 2005 by Emaar. It last sold on 26 December 2012 for AED 1,650,000, or AED 1,000 per sqft, 34% above the AED 748 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 20 February 2020, is AED 90,000 a year: a gross yield of 5.5% on the 2012 price, before the service charge of about AED 3,500 a year.

Sales and rents for S02/TH15 over time

Sales
Villa S02/TH15, 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 2010: AED 452,888 (AED 274 per sqft)Sold, December 2012: AED 1,650,000 (AED 1,000 per sqft)

S02/TH15 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH15, 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, March 2012: AED 92,000 a yearNew contract, July 2013: AED 120,000 a yearRenewal, February 2016: AED 132,000 a yearRenewal, February 2017: AED 128,000 a yearRenewal, February 2019: AED 96,000 a yearRenewal, February 2020: AED 90,000 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 S02/TH15 sits

All 144 2-beds →

S02/TH15 last sold in December 2012 at AED 1,000 per sqft, 34% above what two-beds in The Springs 12 were fetching at the time (AED 748). 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. S02/TH15's AED 90,000 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 →

S02/TH15, The Springs 12 in numbers

  • Sold twice: first on 4 May 2010 for AED 452,888, last on 26 December 2012 for AED 1,650,000 (AED 1,000 per sqft).
  • Rented since March 2012 on 6 Ejari contracts, from AED 92,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2012 price is 5.5%, 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 20 February 2020.

Questions about S02/TH15, The Springs 12

What did villa S02/TH15 last sell for?

AED 1,650,000 on 26 December 2012: AED 1,000 per sqft for 1,650 sqft. The villa has 2 registered sales; the first was AED 452,888 in May 2010.

What is the rent for villa S02/TH15?

AED 90,000 a year on the contract renewed on 20 February 2020. The previous contract, from February 2019, was AED 96,000; the villa has been rented since March 2012.

How big is villa S02/TH15?

1,650 sqft (153.3 sqm): a two-bedroom villa in The Springs 12, completed in 2005.

What is villa S02/TH15 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 S02/TH15, The Springs 12

Starts from the last sale price (AED 1.65M, 26 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

Plus AED 74,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →