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

S06/TH23, The Springs 12

Sold prices and rental history: sold twice, last in July 2016, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH23 · DLD and Ejari recordsUpdated 5 June 2017
Last soldAED 1.57M12 July 2016
Current rentAED 125K /yr5 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH23, The Springs 12

What is S06/TH23 worth today?

Last sold for AED 1,570,000 in 2016

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5 Jun 2017RentedNew contract
AED 125,000/yr12 months · AED 75 per sqft
12 Jul 2016SoldReady
AED 1,570,000AED 947 per sqft
23 Apr 2015RentedNew contract
AED 130,000/yr12 months · AED 78 per sqft
9 Nov 2008Sold by developerReady
AED 489,000AED 295 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 June 2017.

Key facts

Type
2-bed villa
Size
1,657 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 1.57M · July 2016
Community
The Springs 12

About S06/TH23, The Springs 12

S06/TH23 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 12 July 2016 for AED 1,570,000, or AED 947 per sqft, in line with the AED 965 two-beds in the community were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 5 June 2017, is AED 125,000 a year: a gross yield of 8.0% on the 2016 price, before the service charge of about AED 3,500 a year.

Sales and rents for S06/TH23 over time

Sales
Villa S06/TH23, 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, November 2008: AED 489,000 (AED 295 per sqft)Sold, July 2016: AED 1,570,000 (AED 947 per sqft)

S06/TH23 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S06/TH23, 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, April 2015: AED 130,000 a yearNew contract, June 2017: AED 125,000 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 S06/TH23 sits

All 144 2-beds →

S06/TH23 last sold in July 2016 at AED 947 per sqft, in line with what two-beds in The Springs 12 were fetching at the time (AED 965). 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. S06/TH23's AED 125,000 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 →

S06/TH23, The Springs 12 in numbers

  • Sold twice: first on 9 November 2008 for AED 489,000, last on 12 July 2016 for AED 1,570,000 (AED 947 per sqft).
  • Rented since April 2015 on 2 Ejari contracts, from AED 130,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2016 price is 8.0%, 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 5 June 2017.

Questions about S06/TH23, The Springs 12

What did villa S06/TH23 last sell for?

AED 1,570,000 on 12 July 2016: AED 947 per sqft for 1,657 sqft. The villa has 2 registered sales; the first was AED 489,000 in November 2008.

What is the rent for villa S06/TH23?

AED 125,000 a year on the contract signed on 5 June 2017. The previous contract, from April 2015, was AED 130,000.

How big is villa S06/TH23?

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

What is villa S06/TH23 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 S06/TH23, The Springs 12

Starts from the last sale price (AED 1.57M, 12 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,570,000
Deposit, UAE resident (20%)
AED 314,000
Deposit, non-resident (40%)
AED 628,000
Monthly over 25 years at 3.7%
AED 6,423

Plus AED 70,950 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →