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

S01/TH70, The Springs 15

Sold prices and rental history: sold once, by the developer in May 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH70 · DLD and Ejari recordsUpdated 1 January 2023
Last soldAED 657K4 May 2010
Current rentAED 140K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH70, The Springs 15

What is S01/TH70 worth today?

Last sold for AED 656,888 in 2010

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1 Jan 2023RentedRenewal
AED 140,000/yr12 months · AED 61 per sqft
1 Jan 2022RentedRenewal
AED 131,250/yr12 months · AED 57 per sqft
1 Jan 2021RentedNew contract
AED 125,000/yr12 months · AED 55 per sqft
25 Dec 2019RentedRenewal
AED 135,000/yr12 months · AED 59 per sqft
25 Dec 2018RentedNew contract
AED 135,000/yr12 months · AED 59 per sqft
1 Jan 2018RentedNew contract
AED 138,000/yr12 months · AED 60 per sqft
1 Oct 2015RentedRenewal
AED 140,000/yr15 months · AED 61 per sqft
4 May 2010Sold by developerReady
AED 656,888AED 286 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2023.

Key facts

Type
3-bed villa
Size
2,290 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,900 /yr
Last sold
AED 657K · May 2010

About S01/TH70, The Springs 15

S01/TH70 is a three-bedroom villa of 2,290 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 4 May 2010 for AED 656,888, or AED 286 per sqft, 32% below the AED 420 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 140,000 a year: a gross yield of 21.3% on the 2010 price, before the service charge of about AED 4,900 a year.

Sales and rents for S01/TH70 over time

Sales
Villa S01/TH70, 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, May 2010: AED 656,888 (AED 286 per sqft)

S01/TH70 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH70, 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 165,000Renewal, October 2015: AED 140,000 a yearNew contract, January 2018: AED 138,000 a yearNew contract, December 2018: AED 135,000 a yearRenewal, December 2019: AED 135,000 a yearNew contract, January 2021: AED 125,000 a yearRenewal, January 2022: AED 131,250 a yearRenewal, January 2023: AED 140,000 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/TH70 sits

All 359 3-beds →

S01/TH70 last sold in May 2010 at AED 286 per sqft, 32% below what three-beds in The Springs 15 were fetching at the time (AED 420). 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/TH70's AED 140,000 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/TH70, The Springs 15 in numbers

  • Sold once: by Emaar on 4 May 2010 for AED 656,888, or AED 286 per sqft.
  • Rented since October 2015 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 125,000 in 2021 and recovered to AED 140,000 by January 2023.
  • At AED 140,000 a year the gross yield on the 2010 price is 21.3%, 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 1 January 2023.

Questions about S01/TH70, The Springs 15

What did villa S01/TH70 last sell for?

AED 656,888 on 4 May 2010, sold by the developer: AED 286 per sqft for 2,290 sqft. It is the only registered sale of the villa.

What is the rent for villa S01/TH70?

AED 140,000 a year on the contract renewed on 1 January 2023. The previous contract, from January 2022, was AED 131,250; the villa has been rented since October 2015.

How big is villa S01/TH70?

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

What is villa S01/TH70 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/TH70, The Springs 15

Starts from the last sale price (AED 657K, 4 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 656,888
Deposit, UAE resident (20%)
AED 131,378
Deposit, non-resident (40%)
AED 262,755
Monthly over 25 years at 3.7%
AED 2,688

Plus AED 32,600 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →