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2-bed · 1,630 sqftThe Springs 14, The Springs · completed 2004

S03/TH04, The Springs 14

Sold prices and rental history: sold 3 times, last in August 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH04 · DLD and Ejari recordsUpdated 22 August 2022
Last soldAED 1.79M22 August 2022
Current rentAED 84K /yr10 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH04, The Springs 14

What is S03/TH04 worth today?

Last sold for AED 1,790,000 in 2022

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22 Aug 2022SoldReady
AED 1,790,000AED 1,097 per sqft
10 Jul 2021RentedRenewal
AED 84,000/yr12 months · AED 52 per sqft
10 Jul 2020RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft
21 Jul 2019RentedRenewal
AED 97,500/yr12 months · AED 60 per sqft
21 Jul 2018RentedNew contract
AED 100,000/yr12 months · AED 61 per sqft
20 Feb 2018RentedNew contract
AED 120,000/yr12 months · AED 74 per sqft
25 Oct 2017SoldReady
AED 1,650,000AED 1,012 per sqft
20 Feb 2017RentedNew contract
AED 120,000/yr12 months · AED 74 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 August 2022.

Key facts

Type
2-bed villa
Size
1,630 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 1.79M · August 2022
Community
The Springs 14

About S03/TH04, The Springs 14

S03/TH04 is a two-bedroom villa of 1,630 sqft in The Springs 14, a villa community in The Springs completed in 2004 by Emaar. It last sold on 22 August 2022 for AED 1,790,000, or AED 1,097 per sqft, in line with the AED 1,089 two-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 10 July 2021, is AED 84,000 a year: a gross yield of 4.7% on the 2022 price, before the service charge of about AED 3,500 a year.

Sales and rents for S03/TH04 over time

Sales
Villa S03/TH04, 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, February 2009: AED 230,444 (AED 141 per sqft)Sold, October 2017: AED 1,650,000 (AED 1,012 per sqft)Sold, August 2022: AED 1,790,000 (AED 1,097 per sqft)

S03/TH04 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S03/TH04, 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, February 2017: AED 120,000 a yearNew contract, February 2018: AED 120,000 a yearNew contract, July 2018: AED 100,000 a yearRenewal, July 2019: AED 97,500 a yearNew contract, July 2020: AED 80,000 a yearRenewal, July 2021: AED 84,000 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 S03/TH04 sits

All 137 2-beds →

S03/TH04 last sold in August 2022 at AED 1,097 per sqft, in line with what two-beds in The Springs 14 were fetching at the time (AED 1,089). 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/TH04's AED 84,000 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 →

S03/TH04, The Springs 14 in numbers

  • Sold 3 times: first on 4 February 2009 for AED 230,444, last on 22 August 2022 for AED 1,790,000 (AED 1,097 per sqft).
  • Rented since February 2017 on 6 Ejari contracts, from AED 120,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2022 price is 4.7%, 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 22 August 2022.

Questions about S03/TH04, The Springs 14

What did villa S03/TH04 last sell for?

AED 1,790,000 on 22 August 2022: AED 1,097 per sqft for 1,630 sqft. The villa has 3 registered sales; the first was AED 230,444 in February 2009.

What is the rent for villa S03/TH04?

AED 84,000 a year on the contract renewed on 10 July 2021. The previous contract, from July 2020, was AED 80,000; the villa has been rented since February 2017.

How big is villa S03/TH04?

1,630 sqft (151.4 sqm): a two-bedroom villa in The Springs 14, completed in 2004.

What is villa S03/TH04 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/TH04, The Springs 14

Starts from the last sale price (AED 1.79M, 22 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,790,000
Deposit, UAE resident (20%)
AED 358,000
Deposit, non-resident (40%)
AED 716,000
Monthly over 25 years at 3.7%
AED 7,323

Plus AED 80,190 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →