3-bed · 2,290 sqftThe Springs 15, The Springs · completed 2004

S01/TH58, The Springs 15

Sold prices and rental history: sold twice, last in December 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH58 · DLD and Ejari recordsUpdated 7 December 2020
Last soldAED 1.65M7 December 2020
Current rentAED 173K /yr9 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH58, The Springs 15

What is S01/TH58 worth today?

Last sold for AED 1,650,000 in 2020

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7 Dec 2020SoldReady
AED 1,650,000AED 720 per sqft
9 Mar 2016RentedRenewal
AED 173,250/yr12 months · AED 76 per sqft
9 Mar 2015RentedNew contract
AED 173,250/yr12 months · AED 76 per sqft
10 Mar 2014RentedNew contract
AED 165,000/yr12 months · AED 72 per sqft
15 Jan 2013RentedRenewal
AED 100,000/yr12 months · AED 44 per sqft
15 Jan 2012RentedNew contract
AED 100,000/yr12 months · AED 44 per sqft
30 Dec 2007Sold by developerReady
AED 1,390,000AED 606 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 December 2020.

Key facts

Type
3-bed villa
Size
2,290 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,900 /yr
Last sold
AED 1.65M · December 2020

About S01/TH58, The Springs 15

S01/TH58 is a three-bedroom villa of 2,290 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 7 December 2020 for AED 1,650,000, or AED 720 per sqft, 5% below the AED 761 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 9 March 2016, is AED 173,250 a year: a gross yield of 10.5% on the 2020 price, before the service charge of about AED 4,900 a year.

Sales and rents for S01/TH58 over time

Sales
Villa S01/TH58, 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, December 2007: AED 1,390,000 (AED 606 per sqft)Sold, December 2020: AED 1,650,000 (AED 720 per sqft)

S01/TH58 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH58, 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 2012: AED 100,000 a yearRenewal, January 2013: AED 100,000 a yearNew contract, March 2014: AED 165,000 a yearNew contract, March 2015: AED 173,250 a yearRenewal, March 2016: AED 173,250 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/TH58 sits

All 359 3-beds →

S01/TH58 last sold in December 2020 at AED 720 per sqft, 5% below what three-beds in The Springs 15 were fetching at the time (AED 761). 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/TH58's AED 173,250 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/TH58, The Springs 15 in numbers

  • Sold twice: first on 30 December 2007 for AED 1,390,000, last on 7 December 2020 for AED 1,650,000 (AED 720 per sqft).
  • Rented since January 2012 on 5 Ejari contracts, from AED 100,000 to AED 173,250 a year.
  • At AED 173,250 a year the gross yield on the 2020 price is 10.5%, 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 7 December 2020.

Questions about S01/TH58, The Springs 15

What did villa S01/TH58 last sell for?

AED 1,650,000 on 7 December 2020: AED 720 per sqft for 2,290 sqft. The villa has 2 registered sales; the first was AED 1,390,000 in December 2007.

What is the rent for villa S01/TH58?

AED 173,250 a year on the contract renewed on 9 March 2016. The previous contract, from March 2015, was AED 173,250; the villa has been rented since January 2012.

How big is villa S01/TH58?

2,290 sqft (212.7 sqm): a three-bedroom villa in The Springs 15, completed in 2004.

What is villa S01/TH58 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/TH58, The Springs 15

Starts from the last sale price (AED 1.65M, 7 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

Plus AED 74,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →