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

S03/TH03, The Springs 15

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH03 · DLD and Ejari recordsUpdated 27 July 2022
Last soldAED 3.15M27 July 2022
Current rentAED 145K /yr1 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH03, The Springs 15

What is S03/TH03 worth today?

Last sold for AED 3,150,000 in 2022

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27 Jul 2022SoldReady
AED 3,150,000AED 1,229 per sqft
1 Aug 2019RentedRenewal
AED 145,000/yr12 months · AED 57 per sqft
1 Aug 2017RentedNew contract
AED 160,000/yr12 months · AED 62 per sqft
9 Sep 2014RentedNew contract
AED 200,000/yr12 months · AED 78 per sqft
10 Aug 2013RentedNew contract
AED 145,000/yr12 months · AED 57 per sqft
10 Aug 2012RentedNew contract
AED 140,000/yr12 months · AED 55 per sqft
1 Feb 2012SoldReady
AED 2,310,000AED 901 per sqft
31 May 2007Sold by developerReady
AED 794,888AED 310 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 July 2022.

Key facts

Type
4-bed villa
Size
2,562 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,500 /yr
Last sold
AED 3.15M · July 2022
Community
The Springs 15

About S03/TH03, The Springs 15

S03/TH03 is a four-bedroom villa of 2,562 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 27 July 2022 for AED 3,150,000, or AED 1,229 per sqft, in line with the AED 1,229 four-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 1 August 2019, is AED 145,000 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 5,500 a year.

Sales and rents for S03/TH03 over time

Sales
Villa S03/TH03, 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 2007: AED 794,888 (AED 310 per sqft)Sold, February 2012: AED 2,310,000 (AED 901 per sqft)Sold, July 2022: AED 3,150,000 (AED 1,229 per sqft)

S03/TH03 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa S03/TH03, 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, August 2012: AED 140,000 a yearNew contract, August 2013: AED 145,000 a yearNew contract, September 2014: AED 200,000 a yearNew contract, August 2017: AED 160,000 a yearRenewal, August 2019: AED 145,000 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/TH03 sits

All 66 4-beds →

S03/TH03 last sold in July 2022 at AED 1,229 per sqft, in line with what four-beds in The Springs 15 were fetching at the time (AED 1,229). S03/TH03's AED 145,000 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/TH03, The Springs 15 in numbers

  • Sold 3 times: first on 31 May 2007 for AED 794,888, last on 27 July 2022 for AED 3,150,000 (AED 1,229 per sqft).
  • Rented since August 2012 on 5 Ejari contracts, from AED 140,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2022 price is 4.6%, 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 27 July 2022.

Questions about S03/TH03, The Springs 15

What did villa S03/TH03 last sell for?

AED 3,150,000 on 27 July 2022: AED 1,229 per sqft for 2,562 sqft. The villa has 3 registered sales; the first was AED 794,888 in May 2007.

What is the rent for villa S03/TH03?

AED 145,000 a year on the contract renewed on 1 August 2019. The previous contract, from August 2017, was AED 160,000; the villa has been rented since August 2012.

How big is villa S03/TH03?

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

What is villa S03/TH03 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/TH03, The Springs 15

Starts from the last sale price (AED 3.15M, 27 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

Plus AED 137,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →