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3-bed · 2,354 sqftThe Springs 15, The Springs · completed 2004

S01/TH05, The Springs 15

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH05 · DLD and Ejari recordsUpdated 6 December 2024
Last soldAED 5.38M6 December 2024
Current rentAED 102K /yr15 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH05, The Springs 15

What is S01/TH05 worth today?

Last sold for AED 5,375,000 in 2024

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6 Dec 2024SoldReady
AED 5,375,000AED 2,283 per sqft
28 Feb 2023SoldReady
AED 2,333,333AED 991 per sqft
15 Jul 2022RentedNew contract
AED 101,850/yr12 months · AED 43 per sqft
15 Jul 2021RentedRenewal
AED 97,000/yr12 months · AED 41 per sqft
15 Jul 2020RentedNew contract
AED 97,000/yr12 months · AED 41 per sqft
1 Nov 2019RentedNew contract
AED 130,000/yr9 months · AED 55 per sqft
1 Nov 2018RentedNew contract
AED 130,000/yr12 months · AED 55 per sqft
21 Sep 2017RentedNew contract
AED 145,000/yr12 months · AED 62 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 December 2024.

Key facts

Type
3-bed villa
Size
2,354 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 5.38M · December 2024
Community
The Springs 15

About S01/TH05, The Springs 15

S01/TH05 is a three-bedroom villa of 2,354 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 6 December 2024 for AED 5,375,000, or AED 2,283 per sqft, 30% above the AED 1,761 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 15 July 2022, is AED 101,850 a year: a gross yield of 1.9% on the 2024 price, before the service charge of about AED 5,000 a year.

Sales and rents for S01/TH05 over time

Sales
Villa S01/TH05, each saleTypical three-bed in The Springs 15
02.5M5M2007201220172022Typical 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, January 2008: AED 637,888 (AED 270 per sqft)Sold, February 2023: AED 2,333,333 (AED 991 per sqft)Sold, December 2024: AED 5,375,000 (AED 2,283 per sqft)

S01/TH05 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH05, 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, January 2013: AED 120,000 a yearNew contract, January 2014: AED 132,000 a yearRenewal, January 2015: AED 145,000 a yearRenewal, January 2016: AED 159,500 a yearRenewal, January 2017: AED 167,000 a yearNew contract, September 2017: AED 145,000 a yearNew contract, November 2018: AED 130,000 a yearNew contract, November 2019: AED 130,000 a yearNew contract, July 2020: AED 97,000 a yearRenewal, July 2021: AED 97,000 a yearNew contract, July 2022: AED 101,850 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/TH05 sits

All 359 3-beds →

S01/TH05 last sold in December 2024 at AED 2,283 per sqft, 30% above what three-beds in The Springs 15 were fetching at the time (AED 1,761). 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/TH05's AED 101,850 is at the bottom 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/TH05, The Springs 15 in numbers

  • Sold 3 times: first on 17 January 2008 for AED 637,888, last on 6 December 2024 for AED 5,375,000 (AED 2,283 per sqft).
  • Rented since January 2013 on 11 Ejari contracts, from AED 120,000 to AED 101,850 a year.
  • At AED 101,850 a year the gross yield on the 2024 price is 1.9%, before a service charge of about AED 5,000 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 6 December 2024.

Questions about S01/TH05, The Springs 15

What did villa S01/TH05 last sell for?

AED 5,375,000 on 6 December 2024: AED 2,283 per sqft for 2,354 sqft. The villa has 3 registered sales; the first was AED 637,888 in January 2008.

What is the rent for villa S01/TH05?

AED 101,850 a year on the contract signed on 15 July 2022. The previous contract, from July 2021, was AED 97,000; the villa has been rented since January 2013.

How big is villa S01/TH05?

2,354 sqft (218.7 sqm): a three-bedroom villa in The Springs 15, completed in 2004.

What is villa S01/TH05 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.

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Mortgage on S01/TH05, The Springs 15

Starts from the last sale price (AED 5.38M, 6 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,375,000
Deposit, UAE resident (20%)
AED 1,075,000
Deposit, non-resident (40%)
AED 2,150,000
Monthly over 25 years at 3.7%
AED 21,991

Plus AED 230,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →