3-bed · 2,359 sqftThe Springs 15, The Springs · completed 2004

S02/TH13, The Springs 15

Sold prices and rental history: sold 4 times, last in February 2021, and rented once, from September 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH13 · DLD and Ejari recordsUpdated 17 February 2021
Last soldAED 1.7M17 February 2021
Current rentAED 185K /yr24 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH13, The Springs 15

What is S02/TH13 worth today?

Last sold for AED 1,700,000 in 2021

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17 Feb 2021SoldReady
AED 1,700,000AED 720 per sqft
24 Nov 2016SoldReady
AED 2,450,000AED 1,038 per sqft
24 Sep 2015RentedNew contract
AED 185,000/yr12 months · AED 78 per sqft
4 Feb 2013SoldReady
AED 2,450,000AED 1,038 per sqft
3 Jan 2013Sold by developerReady
AED 629,888AED 267 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 February 2021.

Key facts

Type
3-bed villa
Size
2,359 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 1.7M · February 2021

About S02/TH13, The Springs 15

S02/TH13 is a three-bedroom villa of 2,359 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 17 February 2021 for AED 1,700,000, or AED 720 per sqft, 6% below the AED 765 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 24 September 2015. The current contract, signed on 24 September 2015, is AED 185,000 a year: a gross yield of 10.9% on the 2021 price, before the service charge of about AED 5,000 a year.

Sales and rents for S02/TH13 over time

Sales
Villa S02/TH13, 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, January 2013: AED 629,888 (AED 267 per sqft)Sold, February 2013: AED 2,450,000 (AED 1,038 per sqft)Sold, November 2016: AED 2,450,000 (AED 1,038 per sqft)Sold, February 2021: AED 1,700,000 (AED 720 per sqft)

S02/TH13 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH13, each contractTypical three-bed in The Springs 15
100K150K200K20112015201920232027Typical 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, September 2015: AED 185,000 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/TH13 sits

All 359 3-beds →

S02/TH13 last sold in February 2021 at AED 720 per sqft, 6% below what three-beds in The Springs 15 were fetching at the time (AED 765). 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/TH13's AED 185,000 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 →

S02/TH13, The Springs 15 in numbers

  • Sold 4 times: first on 3 January 2013 for AED 629,888, last on 17 February 2021 for AED 1,700,000 (AED 720 per sqft).
  • Rented since September 2015 on one Ejari contract, at AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2021 price is 10.9%, 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 17 February 2021.

Questions about S02/TH13, The Springs 15

What did villa S02/TH13 last sell for?

AED 1,700,000 on 17 February 2021: AED 720 per sqft for 2,359 sqft. The villa has 4 registered sales; the first was AED 629,888 in January 2013.

What is the rent for villa S02/TH13?

AED 185,000 a year on the contract signed on 24 September 2015.

How big is villa S02/TH13?

2,359 sqft (219.2 sqm): a three-bedroom villa in The Springs 15, completed in 2004.

What is villa S02/TH13 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/TH13, The Springs 15

Starts from the last sale price (AED 1.7M, 17 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →