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3-bed · 2,345 sqftThe Springs 15, The Springs · completed 2004

S03/TH32, The Springs 15

Sold prices and rental history: sold 3 times, last in December 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/TH32 · DLD and Ejari recordsUpdated 21 December 2022
Last soldAED 2.7M21 December 2022
Current rentAED 125K /yr17 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH32, The Springs 15

What is S03/TH32 worth today?

Last sold for AED 2,700,000 in 2022

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21 Dec 2022SoldReady
AED 2,700,000AED 1,151 per sqft
17 Nov 2022RentedRenewal
AED 124,740/yr6 months · AED 53 per sqft
17 Nov 2021RentedRenewal
AED 118,800/yr12 months · AED 51 per sqft
17 Nov 2019RentedNew contract
AED 115,000/yr12 months · AED 49 per sqft
15 Oct 2018RentedRenewal
AED 145,000/yr12 months · AED 62 per sqft
15 Oct 2017RentedNew contract
AED 145,000/yr12 months · AED 62 per sqft
5 Aug 2016RentedRenewal
AED 175,000/yr12 months · AED 75 per sqft
5 Aug 2015RentedRenewal
AED 175,000/yr12 months · AED 75 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 December 2022.

Key facts

Type
3-bed villa
Size
2,345 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 2.7M · December 2022
Community
The Springs 15

About S03/TH32, The Springs 15

S03/TH32 is a three-bedroom villa of 2,345 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 21 December 2022 for AED 2,700,000, or AED 1,151 per sqft, in line with the AED 1,148 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 17 November 2022, is AED 124,740 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 5,000 a year.

Sales and rents for S03/TH32 over time

Sales
Villa S03/TH32, each saleTypical three-bed in The Springs 15
02M4M2007201220172022Typical sale price by year: 2007 AED 633,888; 2008 AED 1,028,888; 2009 AED 1,028,888; 2010 AED 679,888; 2011 AED 1,060,000; 2012 AED 1,515,000; 2013 AED 1,775,000; 2014 AED 2,477,500; 2015 AED 2,462,500; 2016 AED 2,375,000; 2017 AED 2,150,000; 2018 AED 2,050,000; 2019 AED 1,500,000; 2020 AED 1,687,500; 2021 AED 2,525,000; 2022 AED 2,550,000; 2023 AED 3,050,000; 2024 AED 4,225,000; 2025 AED 4,999,999Sold by developer, May 2008: AED 2,900,000 (AED 1,236 per sqft)Sold, May 2008: AED 2,269,500 (AED 967 per sqft)Sold, December 2022: AED 2,700,000 (AED 1,151 per sqft)

S03/TH32 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH32, each contractTypical three-bed in The Springs 15
100K150K20112015201920232027Typical rent by year: 2011 AED 98,500; 2012 AED 120,000; 2013 AED 132,000; 2014 AED 150,000; 2015 AED 156,000; 2016 AED 159,500; 2017 AED 145,000; 2018 AED 135,000; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 115,000; 2022 AED 125,000; 2023 AED 140,000; 2024 AED 160,000; 2025 AED 169,295; 2026 AED 165,000New contract, August 2012: AED 130,000 a yearNew contract, August 2013: AED 150,000 a yearNew contract, August 2014: AED 175,000 a yearRenewal, August 2015: AED 175,000 a yearRenewal, August 2016: AED 175,000 a yearNew contract, October 2017: AED 145,000 a yearRenewal, October 2018: AED 145,000 a yearNew contract, November 2019: AED 115,000 a yearRenewal, November 2021: AED 118,800 a yearRenewal, November 2022: AED 124,740 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in The Springs 15, and where S03/TH32 sits

All 359 3-beds →

S03/TH32 last sold in December 2022 at AED 1,151 per sqft, in line with what three-beds in The Springs 15 were fetching at the time (AED 1,148). Over the last 12 months three-beds sold for AED 5,200,000 to 6,200,000, around AED 2,155 per sqft, and rent for AED 114,385 to 325,000 a year. S03/TH32's AED 124,740 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
20 Jan 20266,200,000
18 Dec 20255,200,000
10 Nov 20254,500,000
24 Oct 20255,000,000
2 3-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/TH32, The Springs 15 in numbers

  • Sold 3 times: first on 15 May 2008 for AED 2,269,500, last on 21 December 2022 for AED 2,700,000 (AED 1,151 per sqft).
  • Rented since August 2012 on 10 Ejari contracts, from AED 130,000 to AED 124,740 a year.
  • At AED 124,740 a year the gross yield on the 2022 price is 4.6%, before a service charge of about AED 5,000 a year (AED 2.13 per sqft).
  • Three-beds in The Springs 15 sold for AED 5,200,000–6,200,000 in the 12 months to November 2026; the community's median across all types is AED 2,132 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 21 December 2022.

Questions about S03/TH32, The Springs 15

What did villa S03/TH32 last sell for?

AED 2,700,000 on 21 December 2022: AED 1,151 per sqft for 2,345 sqft. The villa has 3 registered sales; the first was AED 2,269,500 in May 2008.

What is the rent for villa S03/TH32?

AED 124,740 a year on the contract renewed on 17 November 2022. The previous contract, from November 2021, was AED 118,800; the villa has been rented since August 2012.

How big is villa S03/TH32?

2,345 sqft (217.9 sqm): a three-bedroom villa in The Springs 15, completed in 2004.

What is villa S03/TH32 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Springs 15 sold for AED 5,200,000 to 6,200,000 in the last 12 months, around AED 2,155 per sqft.

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Mortgage on S03/TH32, The Springs 15

Starts from the last sale price (AED 2.7M, 21 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

Plus AED 118,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →