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

S01/TH56, The Springs 15

Sold prices and rental history: sold once, by the developer in September 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH56 · DLD and Ejari recordsUpdated 15 January 2026
Last soldAED 634K18 September 2008
Current rentAED 320K /yr15 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH56, The Springs 15

What is S01/TH56 worth today?

Last sold for AED 633,888 in 2008

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15 Jan 2026RentedNew contract
AED 320,000/yr12 months · AED 137 per sqft
15 Nov 2024RentedRenewal
AED 340,000/yr12 months · AED 145 per sqft
15 Nov 2023RentedNew contract
AED 340,000/yr12 months · AED 145 per sqft
29 May 2023RentedNew contract
AED 69,500/yr12 months · AED 30 per sqft
1 Jun 2022RentedNew contract
AED 113,000/yr12 months · AED 48 per sqft
1 Jun 2021RentedRenewal
AED 113,000/yr12 months · AED 48 per sqft
1 Jun 2020RentedNew contract
AED 113,000/yr12 months · AED 48 per sqft
15 Nov 2019RentedNew contract
AED 120,000/yr12 months · AED 51 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 January 2026.

Key facts

Type
3-bed villa
Size
2,343 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 634K · September 2008
Community
The Springs 15

About S01/TH56, The Springs 15

S01/TH56 is a three-bedroom villa of 2,343 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 18 September 2008 for AED 633,888, or AED 270 per sqft, 36% below the AED 423 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, signed on 15 January 2026, is AED 320,000 a year: a gross yield of 50.5% on the 2008 price, before the service charge of about AED 5,000 a year.

Sales and rents for S01/TH56 over time

Sales
Villa S01/TH56, 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, September 2008: AED 633,888 (AED 270 per sqft)

S01/TH56 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH56, each contractTypical three-bed in The Springs 15
200K20112015201920232027Typical 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, February 2013: AED 145,000 a yearNew contract, May 2014: AED 175,000 a yearNew contract, May 2015: AED 175,000 a yearRenewal, May 2016: AED 180,000 a yearNew contract, September 2016: AED 165,000 a yearRenewal, September 2017: AED 165,000 a yearNew contract, September 2018: AED 164,088 a yearNew contract, November 2019: AED 120,000 a yearNew contract, June 2020: AED 113,000 a yearRenewal, June 2021: AED 113,000 a yearNew contract, June 2022: AED 113,000 a yearNew contract, May 2023: AED 69,500 a yearNew contract, November 2023: AED 340,000 a yearRenewal, November 2024: AED 340,000 a yearNew contract, January 2026: AED 320,000 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/TH56 sits

All 359 3-beds →

S01/TH56 last sold in September 2008 at AED 270 per sqft, 36% below what three-beds in The Springs 15 were fetching at the time (AED 423). 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/TH56's AED 320,000 is in the upper 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/TH56, The Springs 15 in numbers

  • Sold once: by Emaar on 18 September 2008 for AED 633,888, or AED 270 per sqft.
  • Rented since February 2013 on 15 Ejari contracts. The rent fell from AED 145,000 to AED 69,500 in 2023 and recovered to AED 320,000 by January 2026.
  • At AED 320,000 a year the gross yield on the 2008 price is 50.5%, 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 January 2026.

Questions about S01/TH56, The Springs 15

What did villa S01/TH56 last sell for?

AED 633,888 on 18 September 2008, sold by the developer: AED 270 per sqft for 2,343 sqft. It is the only registered sale of the villa.

What is the rent for villa S01/TH56?

AED 320,000 a year on the contract signed on 15 January 2026. The previous contract, from November 2024, was AED 340,000; the villa has been rented since February 2013.

How big is villa S01/TH56?

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

What is villa S01/TH56 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/TH56, The Springs 15

Starts from the last sale price (AED 634K, 18 September 2008). Switch to today's estimate once you have unlocked it.
Price
AED 633,888
Deposit, UAE resident (20%)
AED 126,778
Deposit, non-resident (40%)
AED 253,555
Monthly over 25 years at 3.7%
AED 2,593

Plus AED 31,634 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →