Home
Dubai prices
About
Research
3-bed · 2,204 sqftThe Springs 15, The Springs · completed 2004

S01/TH02, The Springs 15

Sold prices and rental history: sold 4 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 S01/TH02 · DLD and Ejari recordsUpdated 14 February 2023
Last soldAED 2.8M14 February 2023
Current rentAED 121K /yr10 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH02, The Springs 15

What is S01/TH02 worth today?

Last sold for AED 2,800,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Feb 2023SoldReady
AED 2,800,000AED 1,270 per sqft
10 Dec 2021RentedRenewal
AED 121,000/yr12 months · AED 55 per sqft
10 Dec 2020RentedNew contract
AED 110,000/yr12 months · AED 50 per sqft
29 Jan 2020RentedRenewal
AED 120,000/yr12 months · AED 54 per sqft
29 Jan 2019RentedRenewal
AED 134,000/yr12 months · AED 61 per sqft
29 Jan 2018RentedNew contract
AED 140,000/yr12 months · AED 64 per sqft
5 Nov 2016RentedNew contract
AED 165,000/yr12 months · AED 75 per sqft
1 Aug 2014RentedRenewal
AED 149,500/yr12 months · AED 68 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 February 2023.

Key facts

Type
3-bed villa
Size
2,204 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,700 /yr
Last sold
AED 2.8M · February 2023
Community
The Springs 15

About S01/TH02, The Springs 15

S01/TH02 is a three-bedroom villa of 2,204 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 14 February 2023 for AED 2,800,000, or AED 1,270 per sqft, 10% above the AED 1,151 three-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 10 December 2021, is AED 121,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 4,700 a year.

Sales and rents for S01/TH02 over time

Sales
Villa S01/TH02, each saleTypical three-bed in The Springs 15
02M4M2007201220172022Typical sale price by year: 2007 AED 633,888; 2008 AED 1,028,888; 2009 AED 1,028,888; 2010 AED 679,888; 2011 AED 1,060,000; 2012 AED 1,515,000; 2013 AED 1,775,000; 2014 AED 2,477,500; 2015 AED 2,462,500; 2016 AED 2,375,000; 2017 AED 2,150,000; 2018 AED 2,050,000; 2019 AED 1,500,000; 2020 AED 1,687,500; 2021 AED 2,525,000; 2022 AED 2,550,000; 2023 AED 3,050,000; 2024 AED 4,225,000; 2025 AED 4,999,999Sold by developer, November 2008: AED 3,700,000 (AED 1,678 per sqft)Sold, November 2008: AED 1,595,650 (AED 723 per sqft)Sold, December 2011: AED 1,600,000 (AED 725 per sqft)Sold, February 2023: AED 2,800,000 (AED 1,270 per sqft)

S01/TH02 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH02, each contractTypical three-bed in The Springs 15
100K150K20112015201920232027Typical rent by year: 2011 AED 98,500; 2012 AED 120,000; 2013 AED 132,000; 2014 AED 150,000; 2015 AED 156,000; 2016 AED 159,500; 2017 AED 145,000; 2018 AED 135,000; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 115,000; 2022 AED 125,000; 2023 AED 140,000; 2024 AED 160,000; 2025 AED 169,295; 2026 AED 165,000New contract, August 2012: AED 130,000 a yearRenewal, August 2013: AED 130,000 a yearRenewal, August 2014: AED 149,500 a yearNew contract, November 2016: AED 165,000 a yearNew contract, January 2018: AED 140,000 a yearRenewal, January 2019: AED 134,000 a yearRenewal, January 2020: AED 120,000 a yearNew contract, December 2020: AED 110,000 a yearRenewal, December 2021: AED 121,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in The Springs 15, and where S01/TH02 sits

All 359 3-beds →

S01/TH02 last sold in February 2023 at AED 1,270 per sqft, 10% above what three-beds in The Springs 15 were fetching at the time (AED 1,151). Over the last 12 months three-beds sold for AED 5,200,000 to 6,200,000, around AED 2,155 per sqft, and rent for AED 114,385 to 325,000 a year. S01/TH02's AED 121,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
20 Jan 20266,200,000
18 Dec 20255,200,000
10 Nov 20254,500,000
24 Oct 20255,000,000
2 3-bed sales in the last 12 months

The Springs 15

Community

475 villas, 2-bed to 4-bed in The Springs, completed in 2004 by Emaar. 4 sold in the last 12 months.

Typical price per sqft
AED 2,132
Typical sale
AED 4.42M
Typical rent
AED 178K /yr
Typical yield
4.3%
The Springs 15, The Springs: prices, sales and rents →

S01/TH02, The Springs 15 in numbers

  • Sold 4 times: first on 3 November 2008 for AED 1,595,650, last on 14 February 2023 for AED 2,800,000 (AED 1,270 per sqft).
  • Rented since August 2012 on 9 Ejari contracts, from AED 130,000 to AED 121,000 a year.
  • At AED 121,000 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 4,700 a year (AED 2.13 per sqft).
  • Three-beds in The Springs 15 sold for AED 5,200,000–6,200,000 in the 12 months to November 2026; the community's median across all types is AED 2,132 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 14 February 2023.

Questions about S01/TH02, The Springs 15

What did villa S01/TH02 last sell for?

AED 2,800,000 on 14 February 2023: AED 1,270 per sqft for 2,204 sqft. The villa has 4 registered sales; the first was AED 1,595,650 in November 2008.

What is the rent for villa S01/TH02?

AED 121,000 a year on the contract renewed on 10 December 2021. The previous contract, from December 2020, was AED 110,000; the villa has been rented since August 2012.

How big is villa S01/TH02?

2,204 sqft (204.8 sqm): a three-bedroom villa in The Springs 15, completed in 2004.

What is villa S01/TH02 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Springs 15 sold for AED 5,200,000 to 6,200,000 in the last 12 months, around AED 2,155 per sqft.

Selling S01/TH02? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on S01/TH02, The Springs 15

Starts from the last sale price (AED 2.8M, 14 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

Plus AED 122,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →