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3-bed · 2,305 sqftThe Springs 15, The Springs · completed 2004

S01/TH31, The Springs 15

Sold prices and rental history: sold twice, last in December 2014, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH31 · DLD and Ejari recordsUpdated 15 December 2014
Last soldAED 3.45M15 December 2014
Current rentAED 130K /yr8 December 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH31, The Springs 15

What is S01/TH31 worth today?

Last sold for AED 3,450,000 in 2014

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15 Dec 2014SoldReady
AED 3,450,000AED 1,496 per sqft
8 Dec 2013RentedNew contract
AED 130,000/yr12 months · AED 56 per sqft
10 Dec 2012RentedNew contract
AED 130,000/yr12 months · AED 56 per sqft
10 Nov 2008Sold by developerReady
AED 2,650,000AED 1,149 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 December 2014.

Key facts

Type
3-bed villa
Size
2,305 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,900 /yr
Last sold
AED 3.45M · December 2014
Community
The Springs 15

About S01/TH31, The Springs 15

S01/TH31 is a three-bedroom villa of 2,305 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 15 December 2014 for AED 3,450,000, or AED 1,496 per sqft, 18% above the AED 1,269 three-beds in the community were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 8 December 2013, is AED 130,000 a year: a gross yield of 3.8% on the 2014 price, before the service charge of about AED 4,900 a year.

Sales and rents for S01/TH31 over time

Sales
Villa S01/TH31, 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 2,650,000 (AED 1,149 per sqft)Sold, December 2014: AED 3,450,000 (AED 1,496 per sqft)

S01/TH31 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH31, 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, December 2012: AED 130,000 a yearNew contract, December 2013: AED 130,000 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/TH31 sits

All 359 3-beds →

S01/TH31 last sold in December 2014 at AED 1,496 per sqft, 18% above what three-beds in The Springs 15 were fetching at the time (AED 1,269). 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/TH31's AED 130,000 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/TH31, The Springs 15 in numbers

  • Sold twice: first on 10 November 2008 for AED 2,650,000, last on 15 December 2014 for AED 3,450,000 (AED 1,496 per sqft).
  • Rented since December 2012 on 2 Ejari contracts, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2014 price is 3.8%, before a service charge of about AED 4,900 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 15 December 2014.

Questions about S01/TH31, The Springs 15

What did villa S01/TH31 last sell for?

AED 3,450,000 on 15 December 2014: AED 1,496 per sqft for 2,305 sqft. The villa has 2 registered sales; the first was AED 2,650,000 in November 2008.

What is the rent for villa S01/TH31?

AED 130,000 a year on the contract signed on 8 December 2013. The previous contract, from December 2012, was AED 130,000.

How big is villa S01/TH31?

2,305 sqft (214.1 sqm): a three-bedroom villa in The Springs 15, completed in 2004.

What is villa S01/TH31 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/TH31, The Springs 15

Starts from the last sale price (AED 3.45M, 15 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,450,000
Deposit, UAE resident (20%)
AED 690,000
Deposit, non-resident (40%)
AED 1,380,000
Monthly over 25 years at 3.7%
AED 14,115

Plus AED 149,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →