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4-bed · 2,562 sqftThe Springs 15, The Springs · completed 2004

S02/TH29, The Springs 15

Sold prices and rental history: sold once, by the developer in May 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH29 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 1.15M16 May 2011
Current rentAED 255K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH29, The Springs 15

What is S02/TH29 worth today?

Last sold for AED 1,146,819 in 2011

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1 May 2025RentedNew contract
AED 255,000/yr14 months · AED 100 per sqft
1 Mar 2024RentedRenewal
AED 220,000/yr12 months · AED 86 per sqft
25 Feb 2022RentedRenewal
AED 145,000/yr12 months · AED 57 per sqft
25 Feb 2021RentedRenewal
AED 141,000/yr12 months · AED 55 per sqft
25 Feb 2020RentedNew contract
AED 140,000/yr12 months · AED 55 per sqft
14 Feb 2019RentedNew contract
AED 148,000/yr12 months · AED 58 per sqft
5 Oct 2017RentedRenewal
AED 180,000/yr12 months · AED 70 per sqft
5 Oct 2016RentedRenewal
AED 192,500/yr12 months · AED 75 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2025.

Key facts

Type
4-bed villa
Size
2,562 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,500 /yr
Last sold
AED 1.15M · May 2011
Community
The Springs 15

About S02/TH29, The Springs 15

S02/TH29 is a four-bedroom villa of 2,562 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 16 May 2011 for AED 1,146,819, or AED 447 per sqft, 16% above the AED 387 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 1 May 2025, is AED 255,000 a year: a gross yield of 22.2% on the 2011 price, before the service charge of about AED 5,500 a year.

Sales and rents for S02/TH29 over time

Sales
Villa S02/TH29, each saleTypical four-bed in The Springs 15
2M4M2007201220172022Typical 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, May 2011: AED 1,146,819 (AED 447 per sqft)

S02/TH29 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa S02/TH29, 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, July 2013: AED 172,500 a yearRenewal, October 2016: AED 192,500 a yearRenewal, October 2017: AED 180,000 a yearNew contract, February 2019: AED 148,000 a yearNew contract, February 2020: AED 140,000 a yearRenewal, February 2021: AED 141,000 a yearRenewal, February 2022: AED 145,000 a yearRenewal, March 2024: AED 220,000 a yearNew contract, May 2025: AED 255,000 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/TH29 sits

All 66 4-beds →

S02/TH29 last sold in May 2011 at AED 447 per sqft, 16% above what four-beds in The Springs 15 were fetching at the time (AED 387). S02/TH29's AED 255,000 is in the lower half 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/TH29, The Springs 15 in numbers

  • Sold once: by Emaar on 16 May 2011 for AED 1,146,819, or AED 447 per sqft.
  • Rented since July 2013 on 9 Ejari contracts. The rent fell from AED 172,500 to AED 140,000 in 2020 and recovered to AED 255,000 by May 2025.
  • At AED 255,000 a year the gross yield on the 2011 price is 22.2%, before a service charge of about AED 5,500 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2025.

Questions about S02/TH29, The Springs 15

What did villa S02/TH29 last sell for?

AED 1,146,819 on 16 May 2011, sold by the developer: AED 447 per sqft for 2,562 sqft. It is the only registered sale of the villa.

What is the rent for villa S02/TH29?

AED 255,000 a year on the contract signed on 1 May 2025. The previous contract, from March 2024, was AED 220,000; the villa has been rented since July 2013.

How big is villa S02/TH29?

2,562 sqft (238.0 sqm): a four-bedroom villa in The Springs 15, completed in 2004.

What is villa S02/TH29 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/TH29, The Springs 15

Starts from the last sale price (AED 1.15M, 16 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,146,819
Deposit, UAE resident (20%)
AED 229,364
Deposit, non-resident (40%)
AED 458,728
Monthly over 25 years at 3.7%
AED 4,692

Plus AED 53,177 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →