3-bed · 2,343 sqftThe Springs 15, The Springs · completed 2004

S01/TH50, The Springs 15

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

Villa S01/TH50 · DLD and Ejari recordsUpdated 15 December 2023
Last soldAED 3.18M6 July 2014
Current rentAED 147K /yr15 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH50, The Springs 15

What is S01/TH50 worth today?

Last sold for AED 3,175,000 in 2014

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15 Dec 2023RentedRenewal
AED 147,000/yr12 months · AED 63 per sqft
15 Dec 2023RentedRenewal
AED 147,000/yr12 months · AED 63 per sqft
15 Dec 2022RentedRenewal
AED 140,000/yr12 months · AED 60 per sqft
15 Dec 2021RentedNew contract
AED 140,000/yr12 months · AED 60 per sqft
25 Mar 2021RentedRenewal
AED 123,000/yr12 months · AED 52 per sqft
22 Jan 2018RentedNew contract
AED 148,000/yr12 months · AED 63 per sqft
1 Aug 2014RentedNew contract
AED 191,027/yr12 months · AED 82 per sqft
6 Jul 2014SoldReady
AED 3,175,000AED 1,354 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 December 2023.

Key facts

Type
3-bed villa
Size
2,343 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 3.18M · July 2014

About S01/TH50, The Springs 15

S01/TH50 is a three-bedroom villa of 2,343 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 6 July 2014 for AED 3,175,000, or AED 1,354 per sqft, 9% above the AED 1,244 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 15 December 2023, is AED 147,000 a year: a gross yield of 4.6% on the 2014 price, before the service charge of about AED 5,000 a year.

Sales and rents for S01/TH50 over time

Sales
Villa S01/TH50, 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, April 2013: AED 1,120,000 (AED 477 per sqft)Sold, April 2014: AED 3,025,000 (AED 1,290 per sqft)Sold, July 2014: AED 3,175,000 (AED 1,354 per sqft)

S01/TH50 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH50, 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, August 2014: AED 191,027 a yearNew contract, January 2018: AED 148,000 a yearRenewal, March 2021: AED 123,000 a yearNew contract, December 2021: AED 140,000 a yearRenewal, December 2022: AED 140,000 a yearRenewal, December 2023: AED 147,000 a yearRenewal, December 2023: AED 147,000 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/TH50 sits

All 359 3-beds →

S01/TH50 last sold in July 2014 at AED 1,354 per sqft, 9% above what three-beds in The Springs 15 were fetching at the time (AED 1,244). 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/TH50's AED 147,000 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/TH50, The Springs 15 in numbers

  • Sold 3 times: first on 8 April 2013 for AED 1,120,000, last on 6 July 2014 for AED 3,175,000 (AED 1,354 per sqft).
  • Rented since August 2014 on 7 Ejari contracts. The rent fell from AED 191,027 to AED 123,000 in 2021 and recovered to AED 147,000 by December 2023.
  • At AED 147,000 a year the gross yield on the 2014 price is 4.6%, 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 15 December 2023.

Questions about S01/TH50, The Springs 15

What did villa S01/TH50 last sell for?

AED 3,175,000 on 6 July 2014: AED 1,354 per sqft for 2,343 sqft. The villa has 3 registered sales; the first was AED 1,120,000 in April 2013.

What is the rent for villa S01/TH50?

AED 147,000 a year on the contract renewed on 15 December 2023. The previous contract, from December 2023, was AED 147,000; the villa has been rented since August 2014.

How big is villa S01/TH50?

2,343 sqft (217.7 sqm): a three-bedroom villa in The Springs 15, completed in 2004.

What is villa S01/TH50 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/TH50, The Springs 15

Starts from the last sale price (AED 3.18M, 6 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,175,000
Deposit, UAE resident (20%)
AED 635,000
Deposit, non-resident (40%)
AED 1,270,000
Monthly over 25 years at 3.7%
AED 12,990

Plus AED 138,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →