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2-bed · 1,647 sqftThe Springs 14, The Springs · completed 2004

S01/TH58, The Springs 14

Sold prices and rental history: sold 3 times, last in September 2019, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH58 · DLD and Ejari recordsUpdated 10 September 2019
Last soldAED 1.3M10 September 2019
Current rentAED 95K /yr24 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH58, The Springs 14

What is S01/TH58 worth today?

Last sold for AED 1,300,000 in 2019

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10 Sep 2019SoldReady
AED 1,300,000AED 789 per sqft
24 Jun 2018RentedNew contract
AED 95,000/yr12 months · AED 58 per sqft
7 Mar 2016RentedRenewal
AED 139,000/yr12 months · AED 84 per sqft
27 May 2014SoldReady
AED 2,100,000AED 1,275 per sqft
4 Aug 2010Sold by developerReady
AED 850,000AED 516 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 September 2019.

Key facts

Type
2-bed villa
Size
1,647 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 1.3M · September 2019
Community
The Springs 14

About S01/TH58, The Springs 14

S01/TH58 is a two-bedroom villa of 1,647 sqft in The Springs 14, a villa community in The Springs completed in 2004 by Emaar. It last sold on 10 September 2019 for AED 1,300,000, or AED 789 per sqft, 4% below the AED 820 two-beds in the community were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 24 June 2018, is AED 95,000 a year: a gross yield of 7.3% on the 2019 price, before the service charge of about AED 3,500 a year.

Sales and rents for S01/TH58 over time

Sales
Villa S01/TH58, 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, August 2010: AED 850,000 (AED 516 per sqft)Sold, May 2014: AED 2,100,000 (AED 1,275 per sqft)Sold, September 2019: AED 1,300,000 (AED 789 per sqft)

S01/TH58 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S01/TH58, 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 142,000Renewal, March 2016: AED 139,000 a yearNew contract, June 2018: AED 95,000 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/TH58 sits

All 137 2-beds →

S01/TH58 last sold in September 2019 at AED 789 per sqft, 4% below what two-beds in The Springs 14 were fetching at the time (AED 820). 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/TH58's AED 95,000 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/TH58, The Springs 14 in numbers

  • Sold 3 times: first on 4 August 2010 for AED 850,000, last on 10 September 2019 for AED 1,300,000 (AED 789 per sqft).
  • Rented since March 2016 on 2 Ejari contracts, from AED 139,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2019 price is 7.3%, before a service charge of about AED 3,500 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 10 September 2019.

Questions about S01/TH58, The Springs 14

What did villa S01/TH58 last sell for?

AED 1,300,000 on 10 September 2019: AED 789 per sqft for 1,647 sqft. The villa has 3 registered sales; the first was AED 850,000 in August 2010.

What is the rent for villa S01/TH58?

AED 95,000 a year on the contract signed on 24 June 2018. The previous contract, from March 2016, was AED 139,000.

How big is villa S01/TH58?

1,647 sqft (153.0 sqm): a two-bedroom villa in The Springs 14, completed in 2004.

What is villa S01/TH58 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/TH58, The Springs 14

Starts from the last sale price (AED 1.3M, 10 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →