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2-bed · 1,763 sqftThe Springs 12, The Springs · completed 2005

S06/TH24, The Springs 12

Sold prices and rental history: sold once, by the developer in December 2011, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH24 · DLD and Ejari recordsUpdated 4 April 2014
Last soldAED 489K20 December 2011
Current rentAED 110K /yr4 April 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH24, The Springs 12

What is S06/TH24 worth today?

Last sold for AED 488,888 in 2011

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4 Apr 2014RentedNew contract
AED 110,000/yr12 months · AED 62 per sqft
4 Apr 2013RentedNew contract
AED 95,000/yr12 months · AED 54 per sqft
20 Dec 2011Sold by developerReady
AED 488,888AED 277 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 April 2014.

Key facts

Type
2-bed villa
Size
1,763 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,800 /yr
Last sold
AED 489K · December 2011
Community
The Springs 12

About S06/TH24, The Springs 12

S06/TH24 is a two-bedroom villa of 1,763 sqft in The Springs 12, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 20 December 2011 for AED 488,888, or AED 277 per sqft, 54% below the AED 603 two-beds in the community were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 4 April 2014, is AED 110,000 a year: a gross yield of 22.5% on the 2011 price, before the service charge of about AED 3,800 a year.

Sales and rents for S06/TH24 over time

Sales
Villa S06/TH24, 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 2011: AED 488,888 (AED 277 per sqft)

S06/TH24 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S06/TH24, 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 2013: AED 95,000 a yearNew contract, April 2014: AED 110,000 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/TH24 sits

All 144 2-beds →

S06/TH24 last sold in December 2011 at AED 277 per sqft, 54% below what two-beds in The Springs 12 were fetching at the time (AED 603). 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/TH24's AED 110,000 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/TH24, The Springs 12 in numbers

  • Sold once: by Emaar on 20 December 2011 for AED 488,888, or AED 277 per sqft.
  • Rented since April 2013 on 2 Ejari contracts, from AED 95,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2011 price is 22.5%, before a service charge of about AED 3,800 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 4 April 2014.

Questions about S06/TH24, The Springs 12

What did villa S06/TH24 last sell for?

AED 488,888 on 20 December 2011, sold by the developer: AED 277 per sqft for 1,763 sqft. It is the only registered sale of the villa.

What is the rent for villa S06/TH24?

AED 110,000 a year on the contract signed on 4 April 2014. The previous contract, from April 2013, was AED 95,000.

How big is villa S06/TH24?

1,763 sqft (163.8 sqm): a two-bedroom villa in The Springs 12, completed in 2005.

What is villa S06/TH24 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/TH24, The Springs 12

Starts from the last sale price (AED 489K, 20 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 488,888
Deposit, UAE resident (20%)
AED 97,778
Deposit, non-resident (40%)
AED 195,555
Monthly over 25 years at 3.7%
AED 2,000

Plus AED 23,444 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →