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2-bed · 1,649 sqftThe Springs 12, The Springs · completed 2005

S03/TH02, The Springs 12

Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH02 · DLD and Ejari recordsUpdated 21 August 2021
Last soldAED 449K23 September 2010
Current rentAED 70K /yr21 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH02, The Springs 12

What is S03/TH02 worth today?

Last sold for AED 448,888 in 2010

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21 Aug 2021RentedRenewal
AED 70,000/yr12 months · AED 42 per sqft
20 Aug 2019RentedRenewal
AED 82,221/yr12 months · AED 50 per sqft
20 Aug 2018RentedRenewal
AED 85,000/yr12 months · AED 52 per sqft
20 Aug 2017RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft
20 Aug 2015RentedRenewal
AED 90,000/yr12 months · AED 55 per sqft
20 Aug 2014RentedNew contract
AED 88,000/yr12 months · AED 53 per sqft
20 Aug 2012RentedNew contract
AED 75,000/yr12 months · AED 45 per sqft
23 Sep 2010Sold by developerReady
AED 448,888AED 272 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 August 2021.

Key facts

Type
2-bed villa
Size
1,649 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 449K · September 2010
Community
The Springs 12

About S03/TH02, The Springs 12

S03/TH02 is a two-bedroom villa of 1,649 sqft in The Springs 12, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 23 September 2010 for AED 448,888, or AED 272 per sqft, 3% below the AED 281 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 21 August 2021, is AED 70,000 a year: a gross yield of 15.6% on the 2010 price, before the service charge of about AED 3,500 a year.

Sales and rents for S03/TH02 over time

Sales
Villa S03/TH02, 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, September 2010: AED 448,888 (AED 272 per sqft)

S03/TH02 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S03/TH02, 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, August 2012: AED 75,000 a yearNew contract, August 2014: AED 88,000 a yearRenewal, August 2015: AED 90,000 a yearNew contract, August 2017: AED 90,000 a yearRenewal, August 2018: AED 85,000 a yearRenewal, August 2019: AED 82,221 a yearRenewal, August 2021: AED 70,000 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 S03/TH02 sits

All 144 2-beds →

S03/TH02 last sold in September 2010 at AED 272 per sqft, 3% below what two-beds in The Springs 12 were fetching at the time (AED 281). 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. S03/TH02's AED 70,000 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 →

S03/TH02, The Springs 12 in numbers

  • Sold once: by Emaar on 23 September 2010 for AED 448,888, or AED 272 per sqft.
  • Rented since August 2012 on 7 Ejari contracts, from AED 75,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2010 price is 15.6%, 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 21 August 2021.

Questions about S03/TH02, The Springs 12

What did villa S03/TH02 last sell for?

AED 448,888 on 23 September 2010, sold by the developer: AED 272 per sqft for 1,649 sqft. It is the only registered sale of the villa.

What is the rent for villa S03/TH02?

AED 70,000 a year on the contract renewed on 21 August 2021. The previous contract, from August 2019, was AED 82,221; the villa has been rented since August 2012.

How big is villa S03/TH02?

1,649 sqft (153.2 sqm): a two-bedroom villa in The Springs 12, completed in 2005.

What is villa S03/TH02 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 S03/TH02, The Springs 12

Starts from the last sale price (AED 449K, 23 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 448,888
Deposit, UAE resident (20%)
AED 89,778
Deposit, non-resident (40%)
AED 179,555
Monthly over 25 years at 3.7%
AED 1,837

Plus AED 21,764 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →