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

S01/TH41, The Springs 15

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH41 · DLD and Ejari recordsUpdated 24 October 2024
Last soldAED 4.5M24 October 2024
Current rentAED 165K /yr23 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH41, The Springs 15

What is S01/TH41 worth today?

Last sold for AED 4,500,000 in 2024

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24 Oct 2024SoldReady
AED 4,500,000AED 1,952 per sqft
23 Jan 2023RentedRenewal
AED 165,000/yr24 months · AED 72 per sqft
23 Jan 2022RentedRenewal
AED 145,000/yr12 months · AED 63 per sqft
23 Jan 2020RentedRenewal
AED 145,000/yr24 months · AED 63 per sqft
23 Jan 2018RentedRenewal
AED 145,000/yr24 months · AED 63 per sqft
23 Jan 2017RentedRenewal
AED 185,000/yr12 months · AED 80 per sqft
22 Jan 2016RentedRenewal
AED 184,504/yr12 months · AED 80 per sqft
22 Jan 2014RentedNew contract
AED 190,000/yr12 months · AED 82 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 October 2024.

Key facts

Type
3-bed villa
Size
2,305 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,900 /yr
Last sold
AED 4.5M · October 2024
Community
The Springs 15

About S01/TH41, The Springs 15

S01/TH41 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 24 October 2024 for AED 4,500,000, or AED 1,952 per sqft, 17% above the AED 1,670 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 23 January 2023, is AED 165,000 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 4,900 a year.

Sales and rents for S01/TH41 over time

Sales
Villa S01/TH41, 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, August 2007: AED 556,055 (AED 241 per sqft)Sold, September 2008: AED 1,854,000 (AED 804 per sqft)Sold, October 2024: AED 4,500,000 (AED 1,952 per sqft)

S01/TH41 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH41, each contractTypical three-bed in The Springs 15
100K150K200K20112015201920232027Typical 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 2014: AED 190,000 a yearRenewal, January 2016: AED 184,504 a yearRenewal, January 2017: AED 185,000 a yearRenewal, January 2018: AED 145,000 a yearRenewal, January 2020: AED 145,000 a yearRenewal, January 2022: AED 145,000 a yearRenewal, January 2023: AED 165,000 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/TH41 sits

All 359 3-beds →

S01/TH41 last sold in October 2024 at AED 1,952 per sqft, 17% above what three-beds in The Springs 15 were fetching at the time (AED 1,670). 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/TH41's AED 165,000 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/TH41, The Springs 15 in numbers

  • Sold 3 times: first on 29 August 2007 for AED 556,055, last on 24 October 2024 for AED 4,500,000 (AED 1,952 per sqft).
  • Rented since January 2014 on 7 Ejari contracts. The rent fell from AED 190,000 to AED 145,000 in 2022 and recovered to AED 165,000 by January 2023.
  • At AED 165,000 a year the gross yield on the 2024 price is 3.7%, 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 24 October 2024.

Questions about S01/TH41, The Springs 15

What did villa S01/TH41 last sell for?

AED 4,500,000 on 24 October 2024: AED 1,952 per sqft for 2,305 sqft. The villa has 3 registered sales; the first was AED 556,055 in August 2007.

What is the rent for villa S01/TH41?

AED 165,000 a year on the contract renewed on 23 January 2023. The previous contract, from January 2022, was AED 145,000; the villa has been rented since January 2014.

How big is villa S01/TH41?

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

What is villa S01/TH41 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/TH41, The Springs 15

Starts from the last sale price (AED 4.5M, 24 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

Plus AED 194,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →