2-bed · 1,657 sqftThe Springs 12, The Springs · completed 2005

S03/TH09, The Springs 12

Sold prices and rental history: sold 4 times, last in August 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH09 · DLD and Ejari recordsUpdated 22 August 2023
Last soldAED 2.55M22 August 2023
Current rentAED 75K /yr25 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH09, The Springs 12

What is S03/TH09 worth today?

Last sold for AED 2,550,000 in 2023

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22 Aug 2023SoldReady
AED 2,550,000AED 1,539 per sqft
14 Apr 2023SoldReady
AED 2,125,000AED 1,282 per sqft
6 Mar 2023SoldReady
AED 1,930,452AED 1,165 per sqft
25 Oct 2020RentedRenewal
AED 75,000/yr12 months · AED 45 per sqft
25 Oct 2019RentedNew contract
AED 75,000/yr12 months · AED 45 per sqft
1 Dec 2018RentedRenewal
AED 50,000/yr12 months · AED 30 per sqft
25 Jun 2016RentedRenewal
AED 135,000/yr12 months · AED 81 per sqft
23 Jun 2015RentedNew contract
AED 134,254/yr12 months · AED 81 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 August 2023.

Key facts

Type
2-bed villa
Size
1,657 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 2.55M · August 2023

About S03/TH09, The Springs 12

S03/TH09 is a two-bedroom villa of 1,657 sqft in The Springs 12, a villa community in The Springs completed in 2005 by Emaar. It last sold on 22 August 2023 for AED 2,550,000, or AED 1,539 per sqft, 21% above the AED 1,276 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 25 October 2020, is AED 75,000 a year: a gross yield of 2.9% on the 2023 price, before the service charge of about AED 3,500 a year.

Sales and rents for S03/TH09 over time

Sales
Villa S03/TH09, 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, December 2009: AED 224,444 (AED 135 per sqft)Sold, March 2023: AED 1,930,452 (AED 1,165 per sqft)Sold, April 2023: AED 2,125,000 (AED 1,282 per sqft)Sold, August 2023: AED 2,550,000 (AED 1,539 per sqft)

S03/TH09 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S03/TH09, each contractTypical two-bed in The Springs 12
100K20112015201920232027Typical 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 2013: AED 80,000 a yearNew contract, April 2014: AED 130,000 a yearNew contract, June 2015: AED 134,254 a yearRenewal, June 2016: AED 135,000 a yearRenewal, December 2018: AED 50,000 a yearNew contract, October 2019: AED 75,000 a yearRenewal, October 2020: AED 75,000 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/TH09 sits

All 144 2-beds →

S03/TH09 last sold in August 2023 at AED 1,539 per sqft, 21% above what two-beds in The Springs 12 were fetching at the time (AED 1,276). 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/TH09's AED 75,000 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/TH09, The Springs 12 in numbers

  • Sold 4 times: first on 8 December 2009 for AED 224,444, last on 22 August 2023 for AED 2,550,000 (AED 1,539 per sqft).
  • Rented since March 2013 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 50,000 in 2018 and recovered to AED 75,000 by October 2020.
  • At AED 75,000 a year the gross yield on the 2023 price is 2.9%, 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 22 August 2023.

Questions about S03/TH09, The Springs 12

What did villa S03/TH09 last sell for?

AED 2,550,000 on 22 August 2023: AED 1,539 per sqft for 1,657 sqft. The villa has 4 registered sales; the first was AED 224,444 in December 2009.

What is the rent for villa S03/TH09?

AED 75,000 a year on the contract renewed on 25 October 2020. The previous contract, from October 2019, was AED 75,000; the villa has been rented since March 2013.

How big is villa S03/TH09?

1,657 sqft (153.9 sqm): a two-bedroom villa in The Springs 12, completed in 2005.

What is villa S03/TH09 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/TH09, The Springs 12

Starts from the last sale price (AED 2.55M, 22 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

Plus AED 112,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →