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2-bed · 1,657 sqftThe Springs 14, The Springs · completed 2004

S07/TH15, The Springs 14

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S07/TH15 · DLD and Ejari recordsUpdated 16 August 2022
Last soldAED 1.74M16 August 2022
Current rentAED 83K /yr2 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S07/TH15, The Springs 14

What is S07/TH15 worth today?

Last sold for AED 1,735,000 in 2022

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16 Aug 2022SoldReady
AED 1,735,000AED 1,047 per sqft
2 May 2022RentedRenewal
AED 82,500/yr12 months · AED 50 per sqft
2 May 2021RentedRenewal
AED 82,500/yr12 months · AED 50 per sqft
30 Apr 2020RentedNew contract
AED 82,044/yr12 months · AED 50 per sqft
26 Nov 2018RentedRenewal
AED 110,000/yr12 months · AED 66 per sqft
26 Nov 2017RentedRenewal
AED 125,000/yr12 months · AED 75 per sqft
26 Nov 2016RentedNew contract
AED 130,000/yr12 months · AED 78 per sqft
10 Nov 2014RentedRenewal
AED 101,000/yr12 months · AED 61 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 August 2022.

Key facts

Type
2-bed villa
Size
1,657 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 1.74M · August 2022
Community
The Springs 14

About S07/TH15, The Springs 14

S07/TH15 is a two-bedroom villa of 1,657 sqft in The Springs 14, a villa community in The Springs completed in 2004 by Emaar. It last sold on 16 August 2022 for AED 1,735,000, or AED 1,047 per sqft, in line with the AED 1,078 two-beds in the community were fetching at the time.

It has been rented continuously since 2011 on 8 Ejari contracts. The current contract, renewed on 2 May 2022, is AED 82,500 a year: a gross yield of 4.8% on the 2022 price, before the service charge of about AED 3,500 a year.

Sales and rents for S07/TH15 over time

Sales
Villa S07/TH15, 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, March 2009: AED 456,888 (AED 275 per sqft)Sold, August 2022: AED 1,735,000 (AED 1,047 per sqft)

S07/TH15 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S07/TH15, 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, November 2011: AED 80,000 a yearRenewal, November 2014: AED 101,000 a yearNew contract, November 2016: AED 130,000 a yearRenewal, November 2017: AED 125,000 a yearRenewal, November 2018: AED 110,000 a yearNew contract, April 2020: AED 82,044 a yearRenewal, May 2021: AED 82,500 a yearRenewal, May 2022: AED 82,500 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 S07/TH15 sits

All 137 2-beds →

S07/TH15 last sold in August 2022 at AED 1,047 per sqft, in line with what two-beds in The Springs 14 were fetching at the time (AED 1,078). 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. S07/TH15's AED 82,500 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 →

S07/TH15, The Springs 14 in numbers

  • Sold twice: first on 24 March 2009 for AED 456,888, last on 16 August 2022 for AED 1,735,000 (AED 1,047 per sqft).
  • Rented since November 2011 on 8 Ejari contracts, from AED 80,000 to AED 82,500 a year.
  • At AED 82,500 a year the gross yield on the 2022 price is 4.8%, 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 16 August 2022.

Questions about S07/TH15, The Springs 14

What did villa S07/TH15 last sell for?

AED 1,735,000 on 16 August 2022: AED 1,047 per sqft for 1,657 sqft. The villa has 2 registered sales; the first was AED 456,888 in March 2009.

What is the rent for villa S07/TH15?

AED 82,500 a year on the contract renewed on 2 May 2022. The previous contract, from May 2021, was AED 82,500; the villa has been rented since November 2011.

How big is villa S07/TH15?

1,657 sqft (153.9 sqm): a two-bedroom villa in The Springs 14, completed in 2004.

What is villa S07/TH15 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 S07/TH15, The Springs 14

Starts from the last sale price (AED 1.74M, 16 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,735,000
Deposit, UAE resident (20%)
AED 347,000
Deposit, non-resident (40%)
AED 694,000
Monthly over 25 years at 3.7%
AED 7,098

Plus AED 77,880 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →