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3-bed · 2,365 sqftThe Springs 14, The Springs · completed 2004

S02/TH16, The Springs 14

Sold prices and rental history: sold 3 times, last in June 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH16 · DLD and Ejari recordsUpdated 17 July 2024
Last soldAED 3.27M24 June 2014
Current rentAED 239K /yr17 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH16, The Springs 14

What is S02/TH16 worth today?

Last sold for AED 3,270,000 in 2014

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17 Jul 2024RentedNew contract
AED 238,717/yr12 months · AED 101 per sqft
5 Feb 2023RentedNew contract
AED 225,000/yr12 months · AED 95 per sqft
27 Dec 2021RentedNew contract
AED 160,000/yr12 months · AED 68 per sqft
1 Sep 2021RentedRenewal
AED 115,000/yr3 months · AED 49 per sqft
1 Sep 2020RentedRenewal
AED 115,000/yr12 months · AED 49 per sqft
1 Sep 2019RentedNew contract
AED 140,000/yr12 months · AED 59 per sqft
24 Jun 2014SoldReady
AED 3,270,000AED 1,382 per sqft
28 Jul 2011SoldReady
AED 1,720,000AED 727 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 July 2024.

Key facts

Type
3-bed villa
Size
2,365 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 3.27M · June 2014
Community
The Springs 14

About S02/TH16, The Springs 14

S02/TH16 is a three-bedroom villa of 2,365 sqft in The Springs 14, a villa community in The Springs completed in 2004 by Emaar. It last sold on 24 June 2014 for AED 3,270,000, or AED 1,382 per sqft, 6% above the AED 1,301 three-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 17 July 2024, is AED 238,717 a year: a gross yield of 7.3% on the 2014 price, before the service charge of about AED 5,000 a year.

Sales and rents for S02/TH16 over time

Sales
Villa S02/TH16, each saleTypical three-bed in The Springs 14
02.5M5M20072012201720222027Typical sale price by year: 2007 AED 631,888; 2008 AED 1,026,888; 2009 AED 900,000; 2010 AED 1,125,250; 2011 AED 1,700,000; 2012 AED 2,010,000; 2013 AED 2,650,000; 2014 AED 3,100,000; 2015 AED 2,750,000; 2016 AED 2,500,000; 2017 AED 2,487,500; 2018 AED 2,200,000; 2019 AED 1,950,000; 2020 AED 1,675,000; 2021 AED 2,475,000; 2022 AED 2,750,000; 2023 AED 3,350,000; 2024 AED 4,500,000; 2025 AED 5,375,000; 2026 AED 5,425,000Sold by developer, October 2010: AED 701,888 (AED 296 per sqft)Sold, July 2011: AED 1,720,000 (AED 727 per sqft)Sold, June 2014: AED 3,270,000 (AED 1,382 per sqft)

S02/TH16 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH16, each contractTypical three-bed in The Springs 14
100K200K20112015201920232027Typical rent by year: 2011 AED 110,000; 2012 AED 140,000; 2013 AED 155,000; 2014 AED 170,000; 2015 AED 172,200; 2016 AED 173,000; 2017 AED 165,000; 2018 AED 150,000; 2019 AED 136,000; 2020 AED 123,000; 2021 AED 125,500; 2022 AED 145,000; 2023 AED 180,000; 2024 AED 200,000; 2025 AED 220,000; 2026 AED 240,000New contract, September 2019: AED 140,000 a yearRenewal, September 2020: AED 115,000 a yearRenewal, September 2021: AED 115,000 a yearNew contract, December 2021: AED 160,000 a yearNew contract, February 2023: AED 225,000 a yearNew contract, July 2024: AED 238,717 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in The Springs 14, and where S02/TH16 sits

All 210 3-beds →

S02/TH16 last sold in June 2014 at AED 1,382 per sqft, 6% above what three-beds in The Springs 14 were fetching at the time (AED 1,301). Over the last 12 months three-beds sold for AED 4,830,000 to 6,300,000, around AED 2,225 per sqft, and rent for AED 127,401 to 350,000 a year. S02/TH16's AED 238,717 is in the upper half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
29 Jan 20265,425,000
17 Jan 20265,900,000
16 Jan 20264,830,000
30 Dec 20254,999,000
7 3-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 →

S02/TH16, The Springs 14 in numbers

  • Sold 3 times: first on 10 October 2010 for AED 701,888, last on 24 June 2014 for AED 3,270,000 (AED 1,382 per sqft).
  • Rented since September 2019 on 6 Ejari contracts. The rent fell from AED 140,000 to AED 115,000 in 2021 and recovered to AED 238,717 by July 2024.
  • At AED 238,717 a year the gross yield on the 2014 price is 7.3%, before a service charge of about AED 5,000 a year (AED 2.13 per sqft).
  • Three-beds in The Springs 14 sold for AED 4,830,000–6,300,000 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 17 July 2024.

Questions about S02/TH16, The Springs 14

What did villa S02/TH16 last sell for?

AED 3,270,000 on 24 June 2014: AED 1,382 per sqft for 2,365 sqft. The villa has 3 registered sales; the first was AED 701,888 in October 2010.

What is the rent for villa S02/TH16?

AED 238,717 a year on the contract signed on 17 July 2024. The previous contract, from February 2023, was AED 225,000; the villa has been rented since September 2019.

How big is villa S02/TH16?

2,365 sqft (219.7 sqm): a three-bedroom villa in The Springs 14, completed in 2004.

What is villa S02/TH16 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Springs 14 sold for AED 4,830,000 to 6,300,000 in the last 12 months, around AED 2,225 per sqft.

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Mortgage on S02/TH16, The Springs 14

Starts from the last sale price (AED 3.27M, 24 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,270,000
Deposit, UAE resident (20%)
AED 654,000
Deposit, non-resident (40%)
AED 1,308,000
Monthly over 25 years at 3.7%
AED 13,379

Plus AED 142,350 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →