Home
Dubai prices
About
Research
3-bed · 2,379 sqftThe Springs 15, The Springs · completed 2004

S02/TH05, The Springs 15

Sold prices and rental history: sold twice, last in September 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH05 · DLD and Ejari recordsUpdated 8 July 2022
Last soldAED 2M26 September 2021
Current rentAED 60K /yr8 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH05, The Springs 15

What is S02/TH05 worth today?

Last sold for AED 2,000,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

8 Jul 2022RentedNew contract · flagged as an outlier
AED 60,000/yr12 months · AED 25 per sqft
26 Sep 2021SoldReady
AED 2,000,000AED 840 per sqft
8 Jul 2021RentedNew contract · flagged as an outlier
AED 60,000/yr12 months · AED 25 per sqft
31 Mar 2020RentedRenewal
AED 125,000/yr12 months · AED 53 per sqft
31 Mar 2019RentedNew contract
AED 125,000/yr12 months · AED 53 per sqft
15 Oct 2017RentedNew contract
AED 145,000/yr12 months · AED 61 per sqft
23 Sep 2015RentedNew contract
AED 159,116/yr12 months · AED 67 per sqft
1 Aug 2013RentedRenewal
AED 140,000/yr12 months · AED 59 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 July 2022.

Key facts

Type
3-bed villa
Size
2,379 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,100 /yr
Last sold
AED 2M · September 2021
Community
The Springs 15

About S02/TH05, The Springs 15

S02/TH05 is a three-bedroom villa of 2,379 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 26 September 2021 for AED 2,000,000, or AED 840 per sqft, in line with the AED 834 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 8 July 2022, is AED 60,000 a year: a gross yield of 3.0% on the 2021 price, before the service charge of about AED 5,100 a year.

Sales and rents for S02/TH05 over time

Sales
Villa S02/TH05, 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, November 2008: AED 628,888 (AED 264 per sqft)Sold, September 2021: AED 2,000,000 (AED 840 per sqft)

S02/TH05 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH05, 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, August 2012: AED 140,000 a yearRenewal, August 2013: AED 140,000 a yearNew contract, September 2015: AED 159,116 a yearNew contract, October 2017: AED 145,000 a yearNew contract, March 2019: AED 125,000 a yearRenewal, March 2020: AED 125,000 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 S02/TH05 sits

All 359 3-beds →

S02/TH05 last sold in September 2021 at AED 840 per sqft, in line with what three-beds in The Springs 15 were fetching at the time (AED 834). 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/TH05's AED 60,000 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 →

S02/TH05, The Springs 15 in numbers

  • Sold twice: first on 23 November 2008 for AED 628,888, last on 26 September 2021 for AED 2,000,000 (AED 840 per sqft).
  • Rented since August 2012 on 8 Ejari contracts, from AED 140,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2021 price is 3.0%, before a service charge of about AED 5,100 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 8 July 2022.

Questions about S02/TH05, The Springs 15

What did villa S02/TH05 last sell for?

AED 2,000,000 on 26 September 2021: AED 840 per sqft for 2,379 sqft. The villa has 2 registered sales; the first was AED 628,888 in November 2008.

What is the rent for villa S02/TH05?

AED 60,000 a year on the contract signed on 8 July 2022. The previous contract, from July 2021, was AED 60,000; the villa has been rented since August 2012.

How big is villa S02/TH05?

2,379 sqft (221.0 sqm): a three-bedroom villa in The Springs 15, completed in 2004.

What is villa S02/TH05 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.

Selling S02/TH05? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on S02/TH05, The Springs 15

Starts from the last sale price (AED 2M, 26 September 2021). 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 →