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

S01/TH60, The Springs 14

Sold prices and rental history: sold 3 times, last in May 2022, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH60 · DLD and Ejari recordsUpdated 10 May 2022
Last soldAED 1.71M10 May 2022
Current rentAED 116K /yr25 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH60, The Springs 14

What is S01/TH60 worth today?

Last sold for AED 1,705,000 in 2022

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10 May 2022SoldReady
AED 1,705,000AED 1,035 per sqft
25 Jul 2018RentedRenewal
AED 115,500/yr12 months · AED 70 per sqft
25 Jul 2017RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft
26 Jun 2014RentedNew contract
AED 138,000/yr12 months · AED 84 per sqft
17 Jun 2013SoldReady
AED 1,750,000AED 1,062 per sqft
26 Oct 2008Sold by developerReady
AED 460,888AED 279 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 May 2022.

Key facts

Type
2-bed villa
Size
1,647 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 1.71M · May 2022
Community
The Springs 14

About S01/TH60, The Springs 14

S01/TH60 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 May 2022 for AED 1,705,000, or AED 1,035 per sqft, in line with the AED 1,035 two-beds in the community were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 25 July 2018, is AED 115,500 a year: a gross yield of 6.8% on the 2022 price, before the service charge of about AED 3,500 a year.

Sales and rents for S01/TH60 over time

Sales
Villa S01/TH60, 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, October 2008: AED 460,888 (AED 279 per sqft)Sold, June 2013: AED 1,750,000 (AED 1,062 per sqft)Sold, May 2022: AED 1,705,000 (AED 1,035 per sqft)

S01/TH60 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S01/TH60, 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, June 2014: AED 138,000 a yearNew contract, July 2017: AED 110,000 a yearRenewal, July 2018: AED 115,500 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/TH60 sits

All 137 2-beds →

S01/TH60 last sold in May 2022 at AED 1,035 per sqft, in line with what two-beds in The Springs 14 were fetching at the time (AED 1,035). 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/TH60's AED 115,500 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/TH60, The Springs 14 in numbers

  • Sold 3 times: first on 26 October 2008 for AED 460,888, last on 10 May 2022 for AED 1,705,000 (AED 1,035 per sqft).
  • Rented since June 2014 on 3 Ejari contracts, from AED 138,000 to AED 115,500 a year.
  • At AED 115,500 a year the gross yield on the 2022 price is 6.8%, 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 May 2022.

Questions about S01/TH60, The Springs 14

What did villa S01/TH60 last sell for?

AED 1,705,000 on 10 May 2022: AED 1,035 per sqft for 1,647 sqft. The villa has 3 registered sales; the first was AED 460,888 in October 2008.

What is the rent for villa S01/TH60?

AED 115,500 a year on the contract renewed on 25 July 2018. The previous contract, from July 2017, was AED 110,000; the villa has been rented since June 2014.

How big is villa S01/TH60?

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

What is villa S01/TH60 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/TH60, The Springs 14

Starts from the last sale price (AED 1.71M, 10 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,705,000
Deposit, UAE resident (20%)
AED 341,000
Deposit, non-resident (40%)
AED 682,000
Monthly over 25 years at 3.7%
AED 6,976

Plus AED 76,620 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →