3-bed · 2,210 sqftThe Springs 12, The Springs · completed 2005

S03/TH22, The Springs 12

Sold prices and rental history: sold twice, last in July 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH22 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 190K31 July 2019
Current rentAED 160K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH22, The Springs 12

What is S03/TH22 worth today?

Last sold for AED 190,000 in 2019

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15 Aug 2024RentedRenewal
AED 159,500/yr12 months · AED 72 per sqft
15 Aug 2023RentedRenewal
AED 145,000/yr12 months · AED 66 per sqft
15 Aug 2021RentedRenewal
AED 120,000/yr12 months · AED 54 per sqft
15 Aug 2020RentedNew contract
AED 120,000/yr12 months · AED 54 per sqft
5 Aug 2019RentedNew contract
AED 132,000/yr12 months · AED 60 per sqft
31 Jul 2019SoldReady
AED 190,000AED 85 per sqft
1 Aug 2018RentedNew contract
AED 140,000/yr12 months · AED 63 per sqft
15 Jul 2017RentedNew contract
AED 160,000/yr12 months · AED 72 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.

Key facts

Type
3-bed villa
Size
2,210 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,700 /yr
Last sold
AED 190K · July 2019

About S03/TH22, The Springs 12

S03/TH22 is a three-bedroom villa of 2,210 sqft in The Springs 12, a villa community in The Springs completed in 2005 by Emaar. It last sold on 31 July 2019 for AED 190,000, or AED 85 per sqft, 90% below the AED 822 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 159,500 a year: a gross yield of 84.0% on the 2019 price, before the service charge of about AED 4,700 a year.

Sales and rents for S03/TH22 over time

Sales
Villa S03/TH22, 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, December 2007: AED 550,000 (AED 248 per sqft)Sold, July 2019: AED 190,000 (AED 85 per sqft)

S03/TH22 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH22, 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, September 2014: AED 195,000 a yearNew contract, January 2016: AED 175,000 a yearNew contract, July 2017: AED 160,000 a yearNew contract, August 2018: AED 140,000 a yearNew contract, August 2019: AED 132,000 a yearNew contract, August 2020: AED 120,000 a yearRenewal, August 2021: AED 120,000 a yearRenewal, August 2023: AED 145,000 a yearRenewal, August 2024: AED 159,500 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 S03/TH22 sits

All 164 3-beds →

S03/TH22 last sold in July 2019 at AED 85 per sqft, 90% below what three-beds in The Springs 12 were fetching at the time (AED 822). 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. S03/TH22's AED 159,500 is at the bottom 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 →

S03/TH22, The Springs 12 in numbers

  • Sold twice: first on 16 December 2007 for AED 550,000, last on 31 July 2019 for AED 190,000 (AED 85 per sqft).
  • Rented since September 2014 on 9 Ejari contracts. The rent fell from AED 195,000 to AED 120,000 in 2021 and recovered to AED 159,500 by August 2024.
  • At AED 159,500 a year the gross yield on the 2019 price is 84.0%, before a service charge of about AED 4,700 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 15 August 2024.

Questions about S03/TH22, The Springs 12

What did villa S03/TH22 last sell for?

AED 190,000 on 31 July 2019: AED 85 per sqft for 2,210 sqft. The villa has 2 registered sales; the first was AED 550,000 in December 2007.

What is the rent for villa S03/TH22?

AED 159,500 a year on the contract renewed on 15 August 2024. The previous contract, from August 2023, was AED 145,000; the villa has been rented since September 2014.

How big is villa S03/TH22?

2,210 sqft (205.3 sqm): a three-bedroom villa in The Springs 12, completed in 2005.

What is villa S03/TH22 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 S03/TH22, The Springs 12

Starts from the last sale price (AED 190K, 31 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 190,000
Deposit, UAE resident (20%)
AED 38,000
Deposit, non-resident (40%)
AED 76,000
Monthly over 25 years at 3.7%
AED 777

Plus AED 10,890 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →