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2-bed · 1,650 sqftThe Springs 14, The Springs · completed 2004

S07/TH22, The Springs 14

Sold prices and rental history: sold once, by the developer in December 2007, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S07/TH22 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 226K16 December 2007
Current rentAED 103K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S07/TH22, The Springs 14

What is S07/TH22 worth today?

Last sold for AED 226,444 in 2007

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1 Dec 2023RentedRenewal
AED 103,224/yr12 months · AED 63 per sqft
1 Dec 2022RentedRenewal
AED 86,020/yr12 months · AED 52 per sqft
1 Dec 2020RentedNew contract
AED 68,000/yr12 months · AED 41 per sqft
5 Feb 2020RentedNew contract
AED 80,000/yr12 months · AED 48 per sqft
1 Sep 2017RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
1 Sep 2015RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
11 Jan 2014RentedNew contract
AED 125,000/yr12 months · AED 76 per sqft
16 Dec 2007Sold by developerReady
AED 226,444AED 137 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2023.

Key facts

Type
2-bed villa
Size
1,650 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 226K · December 2007
Community
The Springs 14

About S07/TH22, The Springs 14

S07/TH22 is a two-bedroom villa of 1,650 sqft in The Springs 14, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 16 December 2007 for AED 226,444, or AED 137 per sqft, 51% below the AED 279 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 103,224 a year: a gross yield of 45.6% on the 2007 price, before the service charge of about AED 3,500 a year.

Sales and rents for S07/TH22 over time

Sales
Villa S07/TH22, 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, December 2007: AED 226,444 (AED 137 per sqft)

S07/TH22 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S07/TH22, 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, January 2014: AED 125,000 a yearNew contract, September 2015: AED 120,000 a yearNew contract, September 2017: AED 120,000 a yearNew contract, February 2020: AED 80,000 a yearNew contract, December 2020: AED 68,000 a yearRenewal, December 2022: AED 86,020 a yearRenewal, December 2023: AED 103,224 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/TH22 sits

All 137 2-beds →

S07/TH22 last sold in December 2007 at AED 137 per sqft, 51% below what two-beds in The Springs 14 were fetching at the time (AED 279). 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/TH22's AED 103,224 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/TH22, The Springs 14 in numbers

  • Sold once: by Emaar on 16 December 2007 for AED 226,444, or AED 137 per sqft.
  • Rented since January 2014 on 7 Ejari contracts. The rent fell from AED 125,000 to AED 68,000 in 2020 and recovered to AED 103,224 by December 2023.
  • At AED 103,224 a year the gross yield on the 2007 price is 45.6%, 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 1 December 2023.

Questions about S07/TH22, The Springs 14

What did villa S07/TH22 last sell for?

AED 226,444 on 16 December 2007, sold by the developer: AED 137 per sqft for 1,650 sqft. It is the only registered sale of the villa.

What is the rent for villa S07/TH22?

AED 103,224 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 86,020; the villa has been rented since January 2014.

How big is villa S07/TH22?

1,650 sqft (153.3 sqm): a two-bedroom villa in The Springs 14, completed in 2004.

What is villa S07/TH22 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/TH22, The Springs 14

Starts from the last sale price (AED 226K, 16 December 2007). Switch to today's estimate once you have unlocked it.
Price
AED 226,444
Deposit, UAE resident (20%)
AED 45,289
Deposit, non-resident (40%)
AED 90,578
Monthly over 25 years at 3.7%
AED 926

Plus AED 12,421 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →