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3-bed · 2,229 sqftThe Springs 15, The Springs · completed 2004

S02/TH01, The Springs 15

Sold prices and rental history: sold 3 times, last in May 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH01 · DLD and Ejari recordsUpdated 10 May 2025
Last soldAED 2M6 May 2013
Current rentAED 154K /yr10 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH01, The Springs 15

What is S02/TH01 worth today?

Last sold for AED 2,000,000 in 2013

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10 May 2025RentedRenewal
AED 154,350/yr12 months · AED 69 per sqft
10 May 2024RentedRenewal
AED 147,000/yr12 months · AED 66 per sqft
10 May 2023RentedRenewal
AED 140,000/yr12 months · AED 63 per sqft
10 May 2022RentedRenewal
AED 121,000/yr12 months · AED 54 per sqft
10 May 2021RentedNew contract
AED 110,000/yr12 months · AED 49 per sqft
20 Feb 2020RentedRenewal
AED 115,000/yr12 months · AED 52 per sqft
20 Feb 2019RentedNew contract
AED 135,000/yr12 months · AED 61 per sqft
20 Feb 2018RentedRenewal
AED 145,000/yr12 months · AED 65 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 May 2025.

Key facts

Type
3-bed villa
Size
2,229 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,700 /yr
Last sold
AED 2M · May 2013
Community
The Springs 15

About S02/TH01, The Springs 15

S02/TH01 is a three-bedroom villa of 2,229 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 6 May 2013 for AED 2,000,000, or AED 897 per sqft, 40% above the AED 642 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 10 May 2025, is AED 154,350 a year: a gross yield of 7.7% on the 2013 price, before the service charge of about AED 4,700 a year.

Sales and rents for S02/TH01 over time

Sales
Villa S02/TH01, 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, March 2008: AED 2,400,000 (AED 1,076 per sqft)Sold, March 2008: AED 668,888 (AED 300 per sqft)Sold, May 2013: AED 2,000,000 (AED 897 per sqft)

S02/TH01 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH01, 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, May 2012: AED 110,000 a yearNew contract, February 2014: AED 165,000 a yearRenewal, February 2015: AED 173,000 a yearRenewal, February 2017: AED 168,000 a yearRenewal, February 2018: AED 145,000 a yearNew contract, February 2019: AED 135,000 a yearRenewal, February 2020: AED 115,000 a yearNew contract, May 2021: AED 110,000 a yearRenewal, May 2022: AED 121,000 a yearRenewal, May 2023: AED 140,000 a yearRenewal, May 2024: AED 147,000 a yearRenewal, May 2025: AED 154,350 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 S02/TH01 sits

All 359 3-beds →

S02/TH01 last sold in May 2013 at AED 897 per sqft, 40% above what three-beds in The Springs 15 were fetching at the time (AED 642). 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. S02/TH01's AED 154,350 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 →

S02/TH01, The Springs 15 in numbers

  • Sold 3 times: first on 24 March 2008 for AED 668,888, last on 6 May 2013 for AED 2,000,000 (AED 897 per sqft).
  • Rented since May 2012 on 12 Ejari contracts, from AED 110,000 to AED 154,350 a year.
  • At AED 154,350 a year the gross yield on the 2013 price is 7.7%, before a service charge of about AED 4,700 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 10 May 2025.

Questions about S02/TH01, The Springs 15

What did villa S02/TH01 last sell for?

AED 2,000,000 on 6 May 2013: AED 897 per sqft for 2,229 sqft. The villa has 3 registered sales; the first was AED 668,888 in March 2008.

What is the rent for villa S02/TH01?

AED 154,350 a year on the contract renewed on 10 May 2025. The previous contract, from May 2024, was AED 147,000; the villa has been rented since May 2012.

How big is villa S02/TH01?

2,229 sqft (207.1 sqm): a three-bedroom villa in The Springs 15, completed in 2004.

What is villa S02/TH01 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 S02/TH01, The Springs 15

Starts from the last sale price (AED 2M, 6 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →