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2-bed · 1,773 sqftThe Springs 14, The Springs · completed 2004

S01/TH56, The Springs 14

Sold prices and rental history: sold twice, last in June 2014, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH56 · DLD and Ejari recordsUpdated 18 June 2014
Last soldAED 2.35M18 June 2014
Current rentAED 120K /yr6 August 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH56, The Springs 14

What is S01/TH56 worth today?

Last sold for AED 2,350,000 in 2014

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18 Jun 2014SoldReady
AED 2,350,000AED 1,325 per sqft
6 Aug 2013RentedNew contract
AED 120,000/yr12 months · AED 68 per sqft
1 Aug 2012RentedNew contract
AED 100,000/yr12 months · AED 56 per sqft
30 Jul 2007Sold by developerReady
AED 501,888AED 283 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 June 2014.

Key facts

Type
2-bed villa
Size
1,773 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 2.35M · June 2014
Community
The Springs 14

About S01/TH56, The Springs 14

S01/TH56 is a two-bedroom villa of 1,773 sqft in The Springs 14, a villa community in The Springs completed in 2004 by Emaar. It last sold on 18 June 2014 for AED 2,350,000, or AED 1,325 per sqft, 13% above the AED 1,174 two-beds in the community were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 6 August 2013, is AED 120,000 a year: a gross yield of 5.1% on the 2014 price, before the service charge of about AED 3,800 a year.

Sales and rents for S01/TH56 over time

Sales
Villa S01/TH56, each saleTypical two-bed in The Springs 14
02M4M2007201220172022Typical sale price by year: 2007 AED 462,388; 2008 AED 738,575; 2009 AED 550,000; 2010 AED 483,888; 2011 AED 1,037,500; 2012 AED 1,260,000; 2013 AED 1,400,000; 2014 AED 2,085,000; 2015 AED 1,742,500; 2016 AED 1,810,000; 2017 AED 1,725,000; 2018 AED 1,600,000; 2019 AED 1,174,500; 2020 AED 1,140,000; 2021 AED 1,725,000; 2022 AED 1,790,000; 2023 AED 2,300,000; 2024 AED 3,025,000; 2025 AED 3,475,000Sold by developer, July 2007: AED 501,888 (AED 283 per sqft)Sold, June 2014: AED 2,350,000 (AED 1,325 per sqft)

S01/TH56 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S01/TH56, each contractTypical two-bed in The Springs 14
100K150K20112015201920232027Typical rent by year: 2011 AED 87,500; 2012 AED 90,000; 2013 AED 107,000; 2014 AED 122,000; 2015 AED 130,693; 2016 AED 135,000; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 100,000; 2020 AED 80,000; 2021 AED 85,500; 2022 AED 100,000; 2023 AED 127,000; 2024 AED 150,000; 2025 AED 160,000; 2026 AED 142,000New contract, August 2012: AED 100,000 a yearNew contract, August 2013: AED 120,000 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 14, and where S01/TH56 sits

All 137 2-beds →

S01/TH56 last sold in June 2014 at AED 1,325 per sqft, 13% above what two-beds in The Springs 14 were fetching at the time (AED 1,174). Over the last 12 months two-beds sold for AED 3,450,000 to 4,375,000, around AED 2,293 per sqft, and rent for AED 65,000 to 200,000 a year. S01/TH56's AED 120,000 is in the lower half of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
17 Feb 20263,800,000
27 Jan 20264,300,000
16 Dec 20253,500,000
15 Dec 20253,450,000
5 2-bed sales in the last 12 months

The Springs 14

Community

407 villas, 2-bed to 4-bed in The Springs, completed in 2004 by Emaar. 12 sold in the last 12 months.

Typical price per sqft
AED 2,259 Up 10.1%
Typical sale
AED 4.91M
Typical rent
AED 175K /yr
Typical yield
4.1%
The Springs 14, The Springs: prices, sales and rents →

S01/TH56, The Springs 14 in numbers

  • Sold twice: first on 30 July 2007 for AED 501,888, last on 18 June 2014 for AED 2,350,000 (AED 1,325 per sqft).
  • Rented since August 2012 on 2 Ejari contracts, from AED 100,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2014 price is 5.1%, before a service charge of about AED 3,800 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 14 sold for AED 3,450,000–4,375,000 in the 12 months to November 2026; the community's median across all types is AED 2,259 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 18 June 2014.

Questions about S01/TH56, The Springs 14

What did villa S01/TH56 last sell for?

AED 2,350,000 on 18 June 2014: AED 1,325 per sqft for 1,773 sqft. The villa has 2 registered sales; the first was AED 501,888 in July 2007.

What is the rent for villa S01/TH56?

AED 120,000 a year on the contract signed on 6 August 2013. The previous contract, from August 2012, was AED 100,000.

How big is villa S01/TH56?

1,773 sqft (164.7 sqm): a two-bedroom villa in The Springs 14, completed in 2004.

What is villa S01/TH56 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 14 sold for AED 3,450,000 to 4,375,000 in the last 12 months, around AED 2,293 per sqft.

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Mortgage on S01/TH56, The Springs 14

Starts from the last sale price (AED 2.35M, 18 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

Plus AED 103,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →