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2-bed · 1,764 sqftThe Springs 14, The Springs · completed 2004

S03/TH08, The Springs 14

Sold prices and rental history: sold once, by the developer in August 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH08 · DLD and Ejari recordsUpdated 24 September 2024
Last soldAED 490K16 August 2007
Current rentAED 155K /yr24 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH08, The Springs 14

What is S03/TH08 worth today?

Last sold for AED 489,888 in 2007

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24 Sep 2024RentedRenewal
AED 155,000/yr12 months · AED 88 per sqft
24 Sep 2023RentedRenewal
AED 125,000/yr12 months · AED 71 per sqft
24 Sep 2022RentedRenewal
AED 110,000/yr12 months · AED 62 per sqft
24 Sep 2021RentedNew contract
AED 105,000/yr12 months · AED 60 per sqft
5 Aug 2020RentedNew contract
AED 75,000/yr12 months · AED 43 per sqft
1 Jul 2018RentedNew contract
AED 110,000/yr12 months · AED 62 per sqft
22 Jun 2017RentedNew contract
AED 120,000/yr12 months · AED 68 per sqft
23 Jun 2015RentedRenewal
AED 120,000/yr12 months · AED 68 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 September 2024.

Key facts

Type
2-bed villa
Size
1,764 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 490K · August 2007
Community
The Springs 14

About S03/TH08, The Springs 14

S03/TH08 is a two-bedroom villa of 1,764 sqft in The Springs 14, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 16 August 2007 for AED 489,888, or AED 277 per sqft, in line with the AED 282 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 24 September 2024, is AED 155,000 a year: a gross yield of 31.6% on the 2007 price, before the service charge of about AED 3,800 a year.

Sales and rents for S03/TH08 over time

Sales
Villa S03/TH08, 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 2007: AED 489,888 (AED 277 per sqft)

S03/TH08 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S03/TH08, 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 2013: AED 120,000 a yearRenewal, June 2014: AED 120,000 a yearRenewal, June 2015: AED 120,000 a yearNew contract, June 2017: AED 120,000 a yearNew contract, July 2018: AED 110,000 a yearNew contract, August 2020: AED 75,000 a yearNew contract, September 2021: AED 105,000 a yearRenewal, September 2022: AED 110,000 a yearRenewal, September 2023: AED 125,000 a yearRenewal, September 2024: AED 155,000 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/TH08 sits

All 137 2-beds →

S03/TH08 last sold in August 2007 at AED 277 per sqft, in line with what two-beds in The Springs 14 were fetching at the time (AED 282). 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/TH08's AED 155,000 is in the upper 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/TH08, The Springs 14 in numbers

  • Sold once: by Emaar on 16 August 2007 for AED 489,888, or AED 277 per sqft.
  • Rented since June 2013 on 10 Ejari contracts. The rent fell from AED 120,000 to AED 75,000 in 2020 and recovered to AED 155,000 by September 2024.
  • At AED 155,000 a year the gross yield on the 2007 price is 31.6%, before a service charge of about AED 3,800 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 24 September 2024.

Questions about S03/TH08, The Springs 14

What did villa S03/TH08 last sell for?

AED 489,888 on 16 August 2007, sold by the developer: AED 277 per sqft for 1,764 sqft. It is the only registered sale of the villa.

What is the rent for villa S03/TH08?

AED 155,000 a year on the contract renewed on 24 September 2024. The previous contract, from September 2023, was AED 125,000; the villa has been rented since June 2013.

How big is villa S03/TH08?

1,764 sqft (163.9 sqm): a two-bedroom villa in The Springs 14, completed in 2004.

What is villa S03/TH08 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/TH08, The Springs 14

Starts from the last sale price (AED 490K, 16 August 2007). Switch to today's estimate once you have unlocked it.
Price
AED 489,888
Deposit, UAE resident (20%)
AED 97,978
Deposit, non-resident (40%)
AED 195,955
Monthly over 25 years at 3.7%
AED 2,004

Plus AED 23,486 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →