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4-bed · 2,533 sqftThe Springs 15, The Springs · completed 2004

S02/TH28, The Springs 15

Sold prices and rental history: sold twice, last in October 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/TH28 · DLD and Ejari recordsUpdated 25 October 2023
Last soldAED 3.8M25 October 2023
Current rentAED 140K /yr15 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH28, The Springs 15

What is S02/TH28 worth today?

Last sold for AED 3,800,000 in 2023

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25 Oct 2023SoldReady
AED 3,800,000AED 1,500 per sqft
15 Feb 2023RentedNew contract
AED 140,000/yr12 months · AED 55 per sqft
15 Feb 2022RentedRenewal
AED 140,000/yr12 months · AED 55 per sqft
15 Feb 2021RentedRenewal
AED 130,000/yr12 months · AED 51 per sqft
15 Feb 2020RentedNew contract
AED 140,000/yr12 months · AED 55 per sqft
1 Aug 2017RentedRenewal
AED 170,000/yr12 months · AED 67 per sqft
1 Aug 2016RentedRenewal
AED 182,000/yr12 months · AED 72 per sqft
1 Aug 2015RentedRenewal
AED 182,000/yr12 months · AED 72 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2023.

Key facts

Type
4-bed villa
Size
2,533 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,400 /yr
Last sold
AED 3.8M · October 2023
Community
The Springs 15

About S02/TH28, The Springs 15

S02/TH28 is a four-bedroom villa of 2,533 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 25 October 2023 for AED 3,800,000, or AED 1,500 per sqft, in line with the AED 1,500 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 15 February 2023, is AED 140,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 5,400 a year.

Sales and rents for S02/TH28 over time

Sales
Villa S02/TH28, 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, August 2007: AED 390,444 (AED 154 per sqft)Sold, October 2023: AED 3,800,000 (AED 1,500 per sqft)

S02/TH28 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa S02/TH28, each contractTypical four-bed in The Springs 15
200K2012201620202024Typical 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, August 2013: AED 175,000 a yearNew contract, August 2014: AED 185,000 a yearRenewal, August 2015: AED 182,000 a yearRenewal, August 2016: AED 182,000 a yearRenewal, August 2017: AED 170,000 a yearNew contract, February 2020: AED 140,000 a yearRenewal, February 2021: AED 130,000 a yearRenewal, February 2022: AED 140,000 a yearNew contract, February 2023: AED 140,000 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/TH28 sits

All 66 4-beds →

S02/TH28 last sold in October 2023 at AED 1,500 per sqft, in line with what four-beds in The Springs 15 were fetching at the time (AED 1,500). S02/TH28's AED 140,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
4 May 20233,650,000
17 Apr 20234,100,000
15 Aug 20223,800,000
27 Jul 20223,150,000
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/TH28, The Springs 15 in numbers

  • Sold twice: first on 29 August 2007 for AED 390,444, last on 25 October 2023 for AED 3,800,000 (AED 1,500 per sqft).
  • Rented since August 2013 on 9 Ejari contracts, from AED 175,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 5,400 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2023.

Questions about S02/TH28, The Springs 15

What did villa S02/TH28 last sell for?

AED 3,800,000 on 25 October 2023: AED 1,500 per sqft for 2,533 sqft. The villa has 2 registered sales; the first was AED 390,444 in August 2007.

What is the rent for villa S02/TH28?

AED 140,000 a year on the contract signed on 15 February 2023. The previous contract, from February 2022, was AED 140,000; the villa has been rented since August 2013.

How big is villa S02/TH28?

2,533 sqft (235.3 sqm): a four-bedroom villa in The Springs 15, completed in 2004.

What is villa S02/TH28 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/TH28, The Springs 15

Starts from the last sale price (AED 3.8M, 25 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

Plus AED 164,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →