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3-bed · 2,359 sqftThe Springs 15, The Springs · completed 2004

S03/TH33, The Springs 15

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH33 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 1.03M19 August 2014
Current rentAED 180K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH33, The Springs 15

What is S03/TH33 worth today?

Last sold for AED 1,030,000 in 2014

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15 Aug 2024RentedRenewal
AED 180,000/yr12 months · AED 76 per sqft
15 Aug 2023RentedNew contract
AED 180,000/yr12 months · AED 76 per sqft
10 Dec 2022RentedRenewal
AED 130,000/yr12 months · AED 55 per sqft
10 Dec 2021RentedNew contract
AED 130,000/yr12 months · AED 55 per sqft
25 May 2020RentedRenewal
AED 115,000/yr12 months · AED 49 per sqft
25 May 2019RentedRenewal
AED 130,000/yr12 months · AED 55 per sqft
25 May 2018RentedRenewal
AED 150,000/yr12 months · AED 64 per sqft
25 May 2017RentedRenewal
AED 160,000/yr12 months · AED 68 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.

Key facts

Type
3-bed villa
Size
2,359 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 1.03M · August 2014
Community
The Springs 15

About S03/TH33, The Springs 15

S03/TH33 is a three-bedroom villa of 2,359 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 19 August 2014 for AED 1,030,000, or AED 436 per sqft, 66% below the AED 1,273 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 180,000 a year: a gross yield of 17.5% on the 2014 price, before the service charge of about AED 5,000 a year.

Sales and rents for S03/TH33 over time

Sales
Villa S03/TH33, 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, August 2014: AED 1,030,000 (AED 436 per sqft)

S03/TH33 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH33, 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, May 2014: AED 162,750 a yearRenewal, May 2016: AED 167,000 a yearRenewal, May 2017: AED 160,000 a yearRenewal, May 2018: AED 150,000 a yearRenewal, May 2019: AED 130,000 a yearRenewal, May 2020: AED 115,000 a yearNew contract, December 2021: AED 130,000 a yearRenewal, December 2022: AED 130,000 a yearNew contract, August 2023: AED 180,000 a yearRenewal, August 2024: AED 180,000 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/TH33 sits

All 359 3-beds →

S03/TH33 last sold in August 2014 at AED 436 per sqft, 66% below what three-beds in The Springs 15 were fetching at the time (AED 1,273). 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/TH33's AED 180,000 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/TH33, The Springs 15 in numbers

  • Sold once: by Emaar on 19 August 2014 for AED 1,030,000, or AED 436 per sqft.
  • Rented since May 2014 on 10 Ejari contracts. The rent fell from AED 162,750 to AED 115,000 in 2020 and recovered to AED 180,000 by August 2024.
  • At AED 180,000 a year the gross yield on the 2014 price is 17.5%, 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 15 August 2024.

Questions about S03/TH33, The Springs 15

What did villa S03/TH33 last sell for?

AED 1,030,000 on 19 August 2014, sold by the developer: AED 436 per sqft for 2,359 sqft. It is the only registered sale of the villa.

What is the rent for villa S03/TH33?

AED 180,000 a year on the contract renewed on 15 August 2024. The previous contract, from August 2023, was AED 180,000; the villa has been rented since May 2014.

How big is villa S03/TH33?

2,359 sqft (219.2 sqm): a three-bedroom villa in The Springs 15, completed in 2004.

What is villa S03/TH33 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/TH33, The Springs 15

Starts from the last sale price (AED 1.03M, 19 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,030,000
Deposit, UAE resident (20%)
AED 206,000
Deposit, non-resident (40%)
AED 412,000
Monthly over 25 years at 3.7%
AED 4,214

Plus AED 48,270 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →