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3-bed · 2,345 sqftThe Springs 15, The Springs · completed 2004

S02/TH12, The Springs 15

Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH12 · DLD and Ejari recordsUpdated 12 May 2025
Last soldAED 3.65M15 August 2023
Current rentAED 235K /yr12 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH12, The Springs 15

What is S02/TH12 worth today?

Last sold for AED 3,650,000 in 2023

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12 May 2025RentedNew contract
AED 235,000/yr12 months · AED 100 per sqft
16 Sep 2024RentedNew contract
AED 235,000/yr12 months · AED 100 per sqft
10 Oct 2023RentedNew contract
AED 220,000/yr12 months · AED 94 per sqft
15 Aug 2023SoldReady
AED 3,650,000AED 1,556 per sqft
15 Jan 2023RentedRenewal
AED 140,000/yr12 months · AED 60 per sqft
15 Jan 2021RentedNew contract
AED 115,000/yr12 months · AED 49 per sqft
1 Jan 2020RentedRenewal
AED 120,000/yr12 months · AED 51 per sqft
1 Jan 2019RentedNew contract
AED 135,000/yr12 months · AED 58 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 May 2025.

Key facts

Type
3-bed villa
Size
2,345 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 3.65M · August 2023
Community
The Springs 15

About S02/TH12, The Springs 15

S02/TH12 is a three-bedroom villa of 2,345 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 15 August 2023 for AED 3,650,000, or AED 1,556 per sqft, 22% above the AED 1,274 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 12 May 2025, is AED 235,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 5,000 a year.

Sales and rents for S02/TH12 over time

Sales
Villa S02/TH12, 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, September 2007: AED 596,250 (AED 254 per sqft)Sold, March 2011: AED 1,500,000 (AED 639 per sqft)Sold, August 2023: AED 3,650,000 (AED 1,556 per sqft)

S02/TH12 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH12, each contractTypical three-bed in The Springs 15
100K200K20112015201920232027Typical 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 2013: AED 135,000 a yearNew contract, March 2014: AED 175,000 a yearNew contract, September 2016: AED 180,000 a yearRenewal, September 2017: AED 165,000 a yearRenewal, September 2018: AED 150,000 a yearNew contract, January 2019: AED 135,000 a yearRenewal, January 2020: AED 120,000 a yearNew contract, January 2021: AED 115,000 a yearRenewal, January 2023: AED 140,000 a yearNew contract, October 2023: AED 220,000 a yearNew contract, September 2024: AED 235,000 a yearNew contract, May 2025: AED 235,000 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/TH12 sits

All 359 3-beds →

S02/TH12 last sold in August 2023 at AED 1,556 per sqft, 22% above what three-beds in The Springs 15 were fetching at the time (AED 1,274). 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/TH12's AED 235,000 is in the upper 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/TH12, The Springs 15 in numbers

  • Sold 3 times: first on 26 September 2007 for AED 596,250, last on 15 August 2023 for AED 3,650,000 (AED 1,556 per sqft).
  • Rented since January 2013 on 12 Ejari contracts. The rent fell from AED 135,000 to AED 115,000 in 2021 and recovered to AED 235,000 by May 2025.
  • At AED 235,000 a year the gross yield on the 2023 price is 6.4%, before a service charge of about AED 5,000 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 12 May 2025.

Questions about S02/TH12, The Springs 15

What did villa S02/TH12 last sell for?

AED 3,650,000 on 15 August 2023: AED 1,556 per sqft for 2,345 sqft. The villa has 3 registered sales; the first was AED 596,250 in September 2007.

What is the rent for villa S02/TH12?

AED 235,000 a year on the contract signed on 12 May 2025. The previous contract, from September 2024, was AED 235,000; the villa has been rented since January 2013.

How big is villa S02/TH12?

2,345 sqft (217.9 sqm): a three-bedroom villa in The Springs 15, completed in 2004.

What is villa S02/TH12 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/TH12, The Springs 15

Starts from the last sale price (AED 3.65M, 15 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

Plus AED 158,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →