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4-bed · 1,353 sqftThe Springs 15, The Springs · completed 2004

S02/TH23, The Springs 15

Sold prices and rental history: sold once, by the developer in December 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH23 · DLD and Ejari recordsUpdated 15 September 2025
Last soldAED 370K23 December 2007
Current rentAED 250K /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH23, The Springs 15

What is S02/TH23 worth today?

Last sold for AED 370,444 in 2007

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15 Sep 2025RentedRenewal
AED 250,000/yr12 months · AED 92 per sqft
15 Sep 2024RentedRenewal
AED 240,000/yr12 months · AED 89 per sqft
15 Sep 2023RentedRenewal
AED 220,000/yr12 months · AED 81 per sqft
15 Sep 2021RentedNew contract
AED 205,000/yr12 months · AED 76 per sqft
7 Feb 2020RentedRenewal
AED 155,000/yr12 months · AED 57 per sqft
7 Feb 2019RentedRenewal
AED 160,000/yr12 months · AED 59 per sqft
7 Feb 2018RentedRenewal
AED 175,000/yr12 months · AED 65 per sqft
7 Feb 2017RentedRenewal
AED 182,000/yr12 months · AED 67 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2025.

Key facts

Type
4-bed villa
Size
1,353 sqft
Developer
Emaar
Completed
2004
Service charge
AED 2,900 /yr
Last sold
AED 370K · December 2007
Community
The Springs 15

About S02/TH23, The Springs 15

S02/TH23 is a four-bedroom villa of 1,353 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 23 December 2007 for AED 370,444, or AED 136 per sqft, 55% below the AED 305 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 15 September 2025, is AED 250,000 a year: a gross yield of 67.5% on the 2007 price, before the service charge of about AED 2,900 a year.

Sales and rents for S02/TH23 over time

Sales
Villa S02/TH23, each saleTypical four-bed in The Springs 15
02M4M2007201220172022Typical sale price by year: 2007 AED 806,888; 2008 AED 1,400,000; 2009 AED 1,280,000; 2010 AED 827,888; 2011 AED 1,165,000; 2012 AED 2,518,750; 2013 AED 3,045,000; 2014 AED 3,750,000; 2015 AED 3,250,000; 2019 AED 1,845,000; 2021 AED 2,750,000; 2022 AED 3,700,000; 2023 AED 3,800,000Sold by developer, December 2007: AED 370,444 (AED 136 per sqft)

S02/TH23 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa S02/TH23, each contractTypical four-bed in The Springs 15
150K200K250K2012201620202024Typical rent by year: 2012 AED 165,000; 2013 AED 170,000; 2014 AED 190,000; 2015 AED 200,000; 2016 AED 190,000; 2017 AED 179,758; 2018 AED 167,420; 2019 AED 160,000; 2020 AED 145,000; 2021 AED 149,171; 2022 AED 150,000; 2023 AED 174,173; 2024 AED 235,000; 2025 AED 247,500New contract, May 2013: AED 170,000 a yearNew contract, February 2014: AED 190,000 a yearRenewal, February 2016: AED 190,000 a yearRenewal, February 2017: AED 182,000 a yearRenewal, February 2018: AED 175,000 a yearRenewal, February 2019: AED 160,000 a yearRenewal, February 2020: AED 155,000 a yearNew contract, September 2021: AED 205,000 a yearRenewal, September 2023: AED 220,000 a yearRenewal, September 2024: AED 240,000 a yearRenewal, September 2025: AED 250,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.

4-beds in The Springs 15, and where S02/TH23 sits

All 66 4-beds →

S02/TH23 last sold in December 2007 at AED 136 per sqft, 55% below what four-beds in The Springs 15 were fetching at the time (AED 305). S02/TH23's AED 250,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
25 Oct 20233,800,000
4 May 20233,650,000
17 Apr 20234,100,000
15 Aug 20223,800,000
0 4-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/TH23, The Springs 15 in numbers

  • Sold once: by Emaar on 23 December 2007 for AED 370,444, or AED 136 per sqft.
  • Rented since May 2013 on 11 Ejari contracts, from AED 170,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2007 price is 67.5%, before a service charge of about AED 2,900 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2025.

Questions about S02/TH23, The Springs 15

What did villa S02/TH23 last sell for?

AED 370,444 on 23 December 2007, sold by the developer: AED 136 per sqft for 1,353 sqft. It is the only registered sale of the villa.

What is the rent for villa S02/TH23?

AED 250,000 a year on the contract renewed on 15 September 2025. The previous contract, from September 2024, was AED 240,000; the villa has been rented since May 2013.

How big is villa S02/TH23?

1,353 sqft (125.7 sqm): a four-bedroom villa in The Springs 15, completed in 2004.

What is villa S02/TH23 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on S02/TH23, The Springs 15

Starts from the last sale price (AED 370K, 23 December 2007). Switch to today's estimate once you have unlocked it.
Price
AED 370,444
Deposit, UAE resident (20%)
AED 74,089
Deposit, non-resident (40%)
AED 148,178
Monthly over 25 years at 3.7%
AED 1,516

Plus AED 18,469 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →