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2-bed · 1,774 sqftThe Springs 14, The Springs · completed 2004

S09/TH08, The Springs 14

Sold prices and rental history: sold 3 times, last in February 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH08 · DLD and Ejari recordsUpdated 8 February 2023
Last soldAED 2.35M8 February 2023
Current rentAED 93K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH08, The Springs 14

What is S09/TH08 worth today?

Last sold for AED 2,350,000 in 2023

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8 Feb 2023SoldReady
AED 2,350,000AED 1,324 per sqft
1 Nov 2021RentedRenewal
AED 92,500/yr12 months · AED 52 per sqft
1 Nov 2020RentedRenewal
AED 80,000/yr12 months · AED 45 per sqft
1 Nov 2019RentedNew contract
AED 85,000/yr12 months · AED 48 per sqft
5 Oct 2018RentedNew contract
AED 110,000/yr12 months · AED 62 per sqft
1 Oct 2017RentedNew contract
AED 120,000/yr12 months · AED 68 per sqft
27 Sep 2016RentedNew contract
AED 135,000/yr12 months · AED 76 per sqft
11 Sep 2014RentedNew contract
AED 119,668/yr12 months · AED 67 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 February 2023.

Key facts

Type
2-bed villa
Size
1,774 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 2.35M · February 2023
Community
The Springs 14

About S09/TH08, The Springs 14

S09/TH08 is a two-bedroom villa of 1,774 sqft in The Springs 14, a villa community in The Springs completed in 2004 by Emaar. It last sold on 8 February 2023 for AED 2,350,000, or AED 1,324 per sqft, 20% above the AED 1,103 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 1 November 2021, is AED 92,500 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 3,800 a year.

Sales and rents for S09/TH08 over time

Sales
Villa S09/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, December 2008: AED 479,888 (AED 270 per sqft)Sold, July 2011: AED 587,500 (AED 331 per sqft)Sold, February 2023: AED 2,350,000 (AED 1,324 per sqft)

S09/TH08 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S09/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, August 2012: AED 85,000 a yearNew contract, September 2013: AED 120,000 a yearNew contract, September 2014: AED 119,668 a yearNew contract, September 2016: AED 135,000 a yearNew contract, October 2017: AED 120,000 a yearNew contract, October 2018: AED 110,000 a yearNew contract, November 2019: AED 85,000 a yearRenewal, November 2020: AED 80,000 a yearRenewal, November 2021: AED 92,500 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 S09/TH08 sits

All 137 2-beds →

S09/TH08 last sold in February 2023 at AED 1,324 per sqft, 20% above what two-beds in The Springs 14 were fetching at the time (AED 1,103). 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. S09/TH08's AED 92,500 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 →

S09/TH08, The Springs 14 in numbers

  • Sold 3 times: first on 23 December 2008 for AED 479,888, last on 8 February 2023 for AED 2,350,000 (AED 1,324 per sqft).
  • Rented since August 2012 on 9 Ejari contracts, from AED 85,000 to AED 92,500 a year.
  • At AED 92,500 a year the gross yield on the 2023 price is 3.9%, 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 8 February 2023.

Questions about S09/TH08, The Springs 14

What did villa S09/TH08 last sell for?

AED 2,350,000 on 8 February 2023: AED 1,324 per sqft for 1,774 sqft. The villa has 3 registered sales; the first was AED 479,888 in December 2008.

What is the rent for villa S09/TH08?

AED 92,500 a year on the contract renewed on 1 November 2021. The previous contract, from November 2020, was AED 80,000; the villa has been rented since August 2012.

How big is villa S09/TH08?

1,774 sqft (164.8 sqm): a two-bedroom villa in The Springs 14, completed in 2004.

What is villa S09/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 S09/TH08, The Springs 14

Starts from the last sale price (AED 2.35M, 8 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

Plus AED 103,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →