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

S07/TH16, The Springs 12

Sold prices and rental history: sold 5 times, last in March 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S07/TH16 · DLD and Ejari recordsUpdated 7 March 2024
Last soldAED 2.52M7 March 2024
Current rentAED 115K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S07/TH16, The Springs 12

What is S07/TH16 worth today?

Last sold for AED 2,520,000 in 2024

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7 Mar 2024SoldReady
AED 2,520,000AED 1,521 per sqft
1 Jun 2023RentedRenewal
AED 115,000/yr12 months · AED 69 per sqft
1 Jun 2022RentedRenewal
AED 105,000/yr12 months · AED 63 per sqft
1 Jun 2021RentedNew contract
AED 105,000/yr12 months · AED 63 per sqft
12 Dec 2013SoldReady
AED 2,065,000AED 1,246 per sqft
11 Jun 2013SoldReady
AED 1,720,000AED 1,038 per sqft
22 Nov 2012SoldReady
AED 1,000,000AED 603 per sqft
25 Jul 2012RentedNew contract
AED 85,000/yr12 months · AED 51 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 March 2024.

Key facts

Type
2-bed villa
Size
1,657 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 2.52M · March 2024
Community
The Springs 12

About S07/TH16, The Springs 12

S07/TH16 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 7 March 2024 for AED 2,520,000, or AED 1,521 per sqft, in line with the AED 1,521 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 115,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 3,500 a year.

Sales and rents for S07/TH16 over time

Sales
Villa S07/TH16, 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, June 2007: AED 452,888 (AED 273 per sqft)Sold, November 2012: AED 1,000,000 (AED 603 per sqft)Sold, June 2013: AED 1,720,000 (AED 1,038 per sqft)Sold, December 2013: AED 2,065,000 (AED 1,246 per sqft)Sold, March 2024: AED 2,520,000 (AED 1,521 per sqft)

S07/TH16 has sold 5 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S07/TH16, 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, July 2012: AED 85,000 a yearNew contract, June 2021: AED 105,000 a yearRenewal, June 2022: AED 105,000 a yearRenewal, June 2023: AED 115,000 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 S07/TH16 sits

All 144 2-beds →

S07/TH16 last sold in March 2024 at AED 1,521 per sqft, in line with what two-beds in The Springs 12 were fetching at the time (AED 1,521). 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. S07/TH16's AED 115,000 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 →

S07/TH16, The Springs 12 in numbers

  • Sold 5 times: first on 20 June 2007 for AED 452,888, last on 7 March 2024 for AED 2,520,000 (AED 1,521 per sqft).
  • Rented since July 2012 on 4 Ejari contracts, from AED 85,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 4.6%, 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 7 March 2024.

Questions about S07/TH16, The Springs 12

What did villa S07/TH16 last sell for?

AED 2,520,000 on 7 March 2024: AED 1,521 per sqft for 1,657 sqft. The villa has 5 registered sales; the first was AED 452,888 in June 2007.

What is the rent for villa S07/TH16?

AED 115,000 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 105,000; the villa has been rented since July 2012.

How big is villa S07/TH16?

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

What is villa S07/TH16 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 S07/TH16, The Springs 12

Starts from the last sale price (AED 2.52M, 7 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,520,000
Deposit, UAE resident (20%)
AED 504,000
Deposit, non-resident (40%)
AED 1,008,000
Monthly over 25 years at 3.7%
AED 10,310

Plus AED 110,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →