3-bed · 2,360 sqftThe Springs 15, The Springs · completed 2004

S01/TH39, The Springs 15

Sold prices and rental history: sold twice, last in September 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH39 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 2M30 September 2007
Current rentAED 135K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH39, The Springs 15

What is S01/TH39 worth today?

Last sold for AED 2,000,000 in 2007

Unlock today's estimate, updated daily, with

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

1 Sep 2022RentedRenewal
AED 135,000/yr12 months · AED 57 per sqft
1 Sep 2021RentedRenewal
AED 130,000/yr12 months · AED 55 per sqft
25 Jul 2019RentedNew contract
AED 125,000/yr12 months · AED 53 per sqft
15 Aug 2017RentedNew contract
AED 160,000/yr12 months · AED 68 per sqft
15 Aug 2016RentedNew contract
AED 175,000/yr12 months · AED 74 per sqft
13 Jan 2016RentedRenewal
AED 165,000/yr12 months · AED 70 per sqft
13 Jan 2015RentedNew contract
AED 150,000/yr12 months · AED 64 per sqft
13 Jan 2014RentedNew contract
AED 150,000/yr12 months · AED 64 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2022.

Key facts

Type
3-bed villa
Size
2,360 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 2M · September 2007

About S01/TH39, The Springs 15

S01/TH39 is a three-bedroom villa of 2,360 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 30 September 2007 for AED 2,000,000, or AED 847 per sqft, 206% above the AED 277 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 135,000 a year: a gross yield of 6.8% on the 2007 price, before the service charge of about AED 5,000 a year.

Sales and rents for S01/TH39 over time

Sales
Villa S01/TH39, 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 662,500 (AED 280 per sqft)Sold, September 2007: AED 2,000,000 (AED 847 per sqft)

S01/TH39 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH39, 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 130,000 a yearNew contract, January 2014: AED 150,000 a yearNew contract, January 2015: AED 150,000 a yearRenewal, January 2016: AED 165,000 a yearNew contract, August 2016: AED 175,000 a yearNew contract, August 2017: AED 160,000 a yearNew contract, July 2019: AED 125,000 a yearRenewal, September 2021: AED 130,000 a yearRenewal, September 2022: AED 135,000 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/TH39 sits

All 359 3-beds →

S01/TH39 last sold in September 2007 at AED 847 per sqft, 206% above what three-beds in The Springs 15 were fetching at the time (AED 277). 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/TH39's AED 135,000 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/TH39, The Springs 15 in numbers

  • Sold twice: first on 7 June 2007 for AED 662,500, last on 30 September 2007 for AED 2,000,000 (AED 847 per sqft).
  • Rented since January 2013 on 9 Ejari contracts, from AED 130,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2007 price is 6.8%, 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 1 September 2022.

Questions about S01/TH39, The Springs 15

What did villa S01/TH39 last sell for?

AED 2,000,000 on 30 September 2007: AED 847 per sqft for 2,360 sqft. The villa has 2 registered sales; the first was AED 662,500 in June 2007.

What is the rent for villa S01/TH39?

AED 135,000 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 130,000; the villa has been rented since January 2013.

How big is villa S01/TH39?

2,360 sqft (219.3 sqm): a three-bedroom villa in The Springs 15, completed in 2004.

What is villa S01/TH39 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/TH39? 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/TH39, The Springs 15

Starts from the last sale price (AED 2M, 30 September 2007). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →