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2-bed · 1,631 sqftThe Springs 14, The Springs · completed 2004

S03/TH02, The Springs 14

Sold prices and rental history: sold 4 times, last in January 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH02 · DLD and Ejari recordsUpdated 3 January 2023
Last soldAED 1.8M3 January 2023
Current rentAED 94K /yr10 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH02, The Springs 14

What is S03/TH02 worth today?

Last sold for AED 1,800,000 in 2023

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3 Jan 2023SoldReady
AED 1,800,000AED 1,103 per sqft
10 Feb 2022RentedRenewal
AED 93,500/yr12 months · AED 57 per sqft
10 Feb 2021RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft
8 Jul 2019RentedRenewal
AED 100,000/yr12 months · AED 61 per sqft
8 Jul 2018RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft
8 Jul 2016RentedNew contract
AED 125,000/yr12 months · AED 77 per sqft
26 Jan 2016RentedRenewal
AED 140,000/yr12 months · AED 86 per sqft
26 Jan 2015RentedNew contract
AED 140,000/yr12 months · AED 86 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 January 2023.

Key facts

Type
2-bed villa
Size
1,631 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 1.8M · January 2023
Community
The Springs 14

About S03/TH02, The Springs 14

S03/TH02 is a two-bedroom villa of 1,631 sqft in The Springs 14, a villa community in The Springs completed in 2004 by Emaar. It last sold on 3 January 2023 for AED 1,800,000, or AED 1,103 per sqft, in line with the AED 1,098 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 10 February 2022, is AED 93,500 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 3,500 a year.

Sales and rents for S03/TH02 over time

Sales
Villa S03/TH02, 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, June 2007: AED 460,888 (AED 282 per sqft)Sold, June 2009: AED 1,250,000 (AED 766 per sqft)Sold, January 2014: AED 2,100,000 (AED 1,287 per sqft)Sold, January 2023: AED 1,800,000 (AED 1,103 per sqft)

S03/TH02 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S03/TH02, 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, March 2013: AED 90,000 a yearNew contract, January 2015: AED 140,000 a yearRenewal, January 2016: AED 140,000 a yearNew contract, July 2016: AED 125,000 a yearNew contract, July 2018: AED 110,000 a yearRenewal, July 2019: AED 100,000 a yearNew contract, February 2021: AED 85,000 a yearRenewal, February 2022: AED 93,500 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 S03/TH02 sits

All 137 2-beds →

S03/TH02 last sold in January 2023 at AED 1,103 per sqft, in line with what two-beds in The Springs 14 were fetching at the time (AED 1,098). 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. S03/TH02's AED 93,500 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 →

S03/TH02, The Springs 14 in numbers

  • Sold 4 times: first on 4 June 2007 for AED 460,888, last on 3 January 2023 for AED 1,800,000 (AED 1,103 per sqft).
  • Rented since March 2013 on 8 Ejari contracts, from AED 90,000 to AED 93,500 a year.
  • At AED 93,500 a year the gross yield on the 2023 price is 5.2%, 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 3 January 2023.

Questions about S03/TH02, The Springs 14

What did villa S03/TH02 last sell for?

AED 1,800,000 on 3 January 2023: AED 1,103 per sqft for 1,631 sqft. The villa has 4 registered sales; the first was AED 460,888 in June 2007.

What is the rent for villa S03/TH02?

AED 93,500 a year on the contract renewed on 10 February 2022. The previous contract, from February 2021, was AED 85,000; the villa has been rented since March 2013.

How big is villa S03/TH02?

1,631 sqft (151.5 sqm): a two-bedroom villa in The Springs 14, completed in 2004.

What is villa S03/TH02 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 S03/TH02, The Springs 14

Starts from the last sale price (AED 1.8M, 3 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →