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

S03/TH02, The Springs 15

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

Villa S03/TH02 · DLD and Ejari recordsUpdated 8 April 2022
Last soldAED 2.9M8 April 2013
Current rentAED 150K /yr8 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH02, The Springs 15

What is S03/TH02 worth today?

Last sold for AED 2,900,000 in 2013

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8 Apr 2022RentedRenewal
AED 150,000/yr12 months · AED 59 per sqft
8 Apr 2021RentedRenewal
AED 130,000/yr12 months · AED 51 per sqft
8 Apr 2020RentedRenewal
AED 135,000/yr12 months · AED 53 per sqft
8 Apr 2019RentedRenewal
AED 160,000/yr12 months · AED 63 per sqft
8 Apr 2018RentedRenewal
AED 165,000/yr12 months · AED 65 per sqft
8 Apr 2017RentedRenewal
AED 180,000/yr12 months · AED 71 per sqft
8 Apr 2016RentedRenewal
AED 185,000/yr12 months · AED 73 per sqft
8 Apr 2013SoldReady
AED 2,900,000AED 1,145 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 April 2022.

Key facts

Type
4-bed villa
Size
2,533 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,400 /yr
Last sold
AED 2.9M · April 2013
Community
The Springs 15

About S03/TH02, The Springs 15

S03/TH02 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 8 April 2013 for AED 2,900,000, or AED 1,145 per sqft, 15% above the AED 997 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 8 April 2022, is AED 150,000 a year: a gross yield of 5.2% on the 2013 price, before the service charge of about AED 5,400 a year.

Sales and rents for S03/TH02 over time

Sales
Villa S03/TH02, 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, April 2008: AED 1,000,000 (AED 394 per sqft)Sold, April 2013: AED 2,900,000 (AED 1,145 per sqft)

S03/TH02 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa S03/TH02, 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, April 2013: AED 195,000 a yearRenewal, April 2016: AED 185,000 a yearRenewal, April 2017: AED 180,000 a yearRenewal, April 2018: AED 165,000 a yearRenewal, April 2019: AED 160,000 a yearRenewal, April 2020: AED 135,000 a yearRenewal, April 2021: AED 130,000 a yearRenewal, April 2022: AED 150,000 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 S03/TH02 sits

All 66 4-beds →

S03/TH02 last sold in April 2013 at AED 1,145 per sqft, 15% above what four-beds in The Springs 15 were fetching at the time (AED 997). S03/TH02's AED 150,000 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 →

S03/TH02, The Springs 15 in numbers

  • Sold twice: first on 14 April 2008 for AED 1,000,000, last on 8 April 2013 for AED 2,900,000 (AED 1,145 per sqft).
  • Rented since April 2013 on 8 Ejari contracts. The rent fell from AED 195,000 to AED 130,000 in 2021 and recovered to AED 150,000 by April 2022.
  • At AED 150,000 a year the gross yield on the 2013 price is 5.2%, 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 8 April 2022.

Questions about S03/TH02, The Springs 15

What did villa S03/TH02 last sell for?

AED 2,900,000 on 8 April 2013: AED 1,145 per sqft for 2,533 sqft. The villa has 2 registered sales; the first was AED 1,000,000 in April 2008.

What is the rent for villa S03/TH02?

AED 150,000 a year on the contract renewed on 8 April 2022. The previous contract, from April 2021, was AED 130,000; the villa has been rented since April 2013.

How big is villa S03/TH02?

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

What is villa S03/TH02 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 S03/TH02, The Springs 15

Starts from the last sale price (AED 2.9M, 8 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

Plus AED 126,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →