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

S01/TH11, The Springs 15

Sold prices and rental history: sold 6 times, last in February 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH11 · DLD and Ejari recordsUpdated 17 February 2023
Last soldAED 3.2M17 February 2023
Current rentAED 120K /yr17 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH11, The Springs 15

What is S01/TH11 worth today?

Last sold for AED 3,200,000 in 2023

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17 Feb 2023SoldReady
AED 3,200,000AED 1,359 per sqft
4 Apr 2022SoldReady
AED 2,600,000AED 1,104 per sqft
17 Sep 2021RentedRenewal
AED 120,000/yr10 months · AED 51 per sqft
17 Sep 2020RentedNew contract
AED 110,000/yr12 months · AED 47 per sqft
20 Aug 2020SoldReady
AED 1,650,000AED 700 per sqft
15 Mar 2020RentedRenewal
AED 140,000/yr12 months · AED 59 per sqft
15 Mar 2019RentedNew contract
AED 140,000/yr12 months · AED 59 per sqft
22 Feb 2015SoldReady
AED 3,050,000AED 1,295 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 February 2023.

Key facts

Type
3-bed villa
Size
2,354 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 3.2M · February 2023
Community
The Springs 15

About S01/TH11, The Springs 15

S01/TH11 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 17 February 2023 for AED 3,200,000, or AED 1,359 per sqft, 15% above the AED 1,180 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 17 September 2021, is AED 120,000 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 5,000 a year.

Sales and rents for S01/TH11 over time

Sales
Villa S01/TH11, 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, June 2007: AED 1,715,000 (AED 728 per sqft)Sold, July 2011: AED 1,700,000 (AED 722 per sqft)Sold, February 2015: AED 3,050,000 (AED 1,295 per sqft)Sold, August 2020: AED 1,650,000 (AED 700 per sqft)Sold, April 2022: AED 2,600,000 (AED 1,104 per sqft)Sold, February 2023: AED 3,200,000 (AED 1,359 per sqft)

S01/TH11 has sold 6 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH11, each contractTypical three-bed in The Springs 15
100K200K300K20112015201920232027Typical 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 2014: AED 290,000 a yearNew contract, March 2019: AED 140,000 a yearRenewal, March 2020: AED 140,000 a yearNew contract, September 2020: AED 110,000 a yearRenewal, September 2021: AED 120,000 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/TH11 sits

All 359 3-beds →

S01/TH11 last sold in February 2023 at AED 1,359 per sqft, 15% above what three-beds in The Springs 15 were fetching at the time (AED 1,180). 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/TH11's AED 120,000 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/TH11, The Springs 15 in numbers

  • Sold 6 times: first on 11 June 2007 for AED 1,715,000, last on 17 February 2023 for AED 3,200,000 (AED 1,359 per sqft).
  • Rented since August 2014 on 5 Ejari contracts, from AED 290,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 3.8%, 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 17 February 2023.

Questions about S01/TH11, The Springs 15

What did villa S01/TH11 last sell for?

AED 3,200,000 on 17 February 2023: AED 1,359 per sqft for 2,354 sqft. The villa has 6 registered sales; the first was AED 1,715,000 in June 2007.

What is the rent for villa S01/TH11?

AED 120,000 a year on the contract renewed on 17 September 2021. The previous contract, from September 2020, was AED 110,000; the villa has been rented since August 2014.

How big is villa S01/TH11?

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

What is villa S01/TH11 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/TH11, The Springs 15

Starts from the last sale price (AED 3.2M, 17 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

Plus AED 139,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →