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4-bed · 2,691 sqftThe Springs 15, The Springs · completed 2004

S03/TH08, The Springs 15

Sold prices and rental history: sold once, by the developer in July 2007, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH08 · DLD and Ejari recordsUpdated 12 September 2024
Last soldAED 821K9 July 2007
Current rentAED 275K /yr12 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH08, The Springs 15

What is S03/TH08 worth today?

Last sold for AED 820,888 in 2007

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12 Sep 2024RentedNew contract
AED 275,000/yr12 months · AED 102 per sqft
4 Sep 2022RentedRenewal
AED 168,000/yr12 months · AED 62 per sqft
4 Sep 2021RentedNew contract
AED 160,000/yr12 months · AED 59 per sqft
4 Sep 2015RentedRenewal
AED 218,000/yr12 months · AED 81 per sqft
4 Sep 2014RentedNew contract
AED 218,000/yr12 months · AED 81 per sqft
4 Sep 2013RentedNew contract
AED 205,000/yr12 months · AED 76 per sqft
4 Sep 2012RentedNew contract
AED 190,000/yr12 months · AED 71 per sqft
9 Jul 2007Sold by developerReady
AED 820,888AED 305 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 September 2024.

Key facts

Type
4-bed villa
Size
2,691 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,700 /yr
Last sold
AED 821K · July 2007
Community
The Springs 15

About S03/TH08, The Springs 15

S03/TH08 is a four-bedroom villa of 2,691 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 9 July 2007 for AED 820,888, or AED 305 per sqft, in line with the AED 314 four-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 12 September 2024, is AED 275,000 a year: a gross yield of 33.5% on the 2007 price, before the service charge of about AED 5,700 a year.

Sales and rents for S03/TH08 over time

Sales
Villa S03/TH08, 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, July 2007: AED 820,888 (AED 305 per sqft)

S03/TH08 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa S03/TH08, 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, September 2012: AED 190,000 a yearNew contract, September 2013: AED 205,000 a yearNew contract, September 2014: AED 218,000 a yearRenewal, September 2015: AED 218,000 a yearNew contract, September 2021: AED 160,000 a yearRenewal, September 2022: AED 168,000 a yearNew contract, September 2024: AED 275,000 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/TH08 sits

All 66 4-beds →

S03/TH08 last sold in July 2007 at AED 305 per sqft, in line with what four-beds in The Springs 15 were fetching at the time (AED 314). S03/TH08's AED 275,000 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 →

S03/TH08, The Springs 15 in numbers

  • Sold once: by Emaar on 9 July 2007 for AED 820,888, or AED 305 per sqft.
  • Rented since September 2012 on 7 Ejari contracts. The rent fell from AED 190,000 to AED 160,000 in 2021 and recovered to AED 275,000 by September 2024.
  • At AED 275,000 a year the gross yield on the 2007 price is 33.5%, before a service charge of about AED 5,700 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 12 September 2024.

Questions about S03/TH08, The Springs 15

What did villa S03/TH08 last sell for?

AED 820,888 on 9 July 2007, sold by the developer: AED 305 per sqft for 2,691 sqft. It is the only registered sale of the villa.

What is the rent for villa S03/TH08?

AED 275,000 a year on the contract signed on 12 September 2024. The previous contract, from September 2022, was AED 168,000; the villa has been rented since September 2012.

How big is villa S03/TH08?

2,691 sqft (250.0 sqm): a four-bedroom villa in The Springs 15, completed in 2004.

What is villa S03/TH08 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/TH08, The Springs 15

Starts from the last sale price (AED 821K, 9 July 2007). Switch to today's estimate once you have unlocked it.
Price
AED 820,888
Deposit, UAE resident (20%)
AED 164,178
Deposit, non-resident (40%)
AED 328,355
Monthly over 25 years at 3.7%
AED 3,359

Plus AED 39,488 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →