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

S01/TH59, The Springs 15

Sold prices and rental history: sold 4 times, last in May 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH59 · DLD and Ejari recordsUpdated 11 May 2022
Last soldAED 2.95M11 May 2022
Current rentAED 110K /yr20 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH59, The Springs 15

What is S01/TH59 worth today?

Last sold for AED 2,950,000 in 2022

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11 May 2022SoldReady
AED 2,950,000AED 1,279 per sqft
13 Sep 2021SoldReady
AED 2,550,000AED 1,106 per sqft
20 Sep 2020RentedRenewal
AED 110,000/yr12 months · AED 48 per sqft
20 Sep 2019RentedNew contract
AED 122,500/yr12 months · AED 53 per sqft
4 Sep 2018RentedRenewal
AED 160,000/yr12 months · AED 69 per sqft
5 Sep 2017RentedRenewal
AED 160,431/yr12 months · AED 70 per sqft
3 Sep 2016RentedNew contract
AED 159,116/yr12 months · AED 69 per sqft
27 Jan 2016RentedNew contract
AED 169,544/yr12 months · AED 74 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 May 2022.

Key facts

Type
3-bed villa
Size
2,305 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,900 /yr
Last sold
AED 2.95M · May 2022
Community
The Springs 15

About S01/TH59, The Springs 15

S01/TH59 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 11 May 2022 for AED 2,950,000, or AED 1,279 per sqft, 15% above the AED 1,114 three-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 20 September 2020, is AED 110,000 a year: a gross yield of 3.7% on the 2022 price, before the service charge of about AED 4,900 a year.

Sales and rents for S01/TH59 over time

Sales
Villa S01/TH59, 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, October 2008: AED 2,250,000 (AED 976 per sqft)Sold, July 2013: AED 2,700,000 (AED 1,171 per sqft)Sold, September 2021: AED 2,550,000 (AED 1,106 per sqft)Sold, May 2022: AED 2,950,000 (AED 1,279 per sqft)

S01/TH59 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH59, 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 2016: AED 169,544 a yearNew contract, September 2016: AED 159,116 a yearRenewal, September 2017: AED 160,431 a yearRenewal, September 2018: AED 160,000 a yearNew contract, September 2019: AED 122,500 a yearRenewal, September 2020: AED 110,000 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/TH59 sits

All 359 3-beds →

S01/TH59 last sold in May 2022 at AED 1,279 per sqft, 15% above what three-beds in The Springs 15 were fetching at the time (AED 1,114). 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/TH59's AED 110,000 is at the bottom 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/TH59, The Springs 15 in numbers

  • Sold 4 times: first on 6 October 2008 for AED 2,250,000, last on 11 May 2022 for AED 2,950,000 (AED 1,279 per sqft).
  • Rented since January 2016 on 6 Ejari contracts, from AED 169,544 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 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 11 May 2022.

Questions about S01/TH59, The Springs 15

What did villa S01/TH59 last sell for?

AED 2,950,000 on 11 May 2022: AED 1,279 per sqft for 2,305 sqft. The villa has 4 registered sales; the first was AED 2,250,000 in October 2008.

What is the rent for villa S01/TH59?

AED 110,000 a year on the contract renewed on 20 September 2020. The previous contract, from September 2019, was AED 122,500; the villa has been rented since January 2016.

How big is villa S01/TH59?

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

What is villa S01/TH59 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/TH59, The Springs 15

Starts from the last sale price (AED 2.95M, 11 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

Plus AED 128,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →