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3-bed · 1,631 sqftThe Springs 15, The Springs · completed 2004

S04/TH22, The Springs 15

Sold prices and rental history: sold once, by the developer in January 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH22 · DLD and Ejari recordsUpdated 1 October 2021
Last soldAED 455K27 January 2009
Current rentAED 90K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH22, The Springs 15

What is S04/TH22 worth today?

Last sold for AED 454,888 in 2009

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1 Oct 2021RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft
25 Jan 2020RentedNew contract
AED 88,000/yr12 months · AED 54 per sqft
25 Jan 2017RentedRenewal
AED 134,000/yr12 months · AED 82 per sqft
25 Jan 2016RentedRenewal
AED 137,000/yr12 months · AED 84 per sqft
25 Jan 2015RentedNew contract
AED 148,000/yr12 months · AED 91 per sqft
18 Jan 2013RentedNew contract
AED 99,732/yr12 months · AED 61 per sqft
27 Jan 2009Sold by developerReady
AED 454,888AED 278 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2021.

Key facts

Type
3-bed villa
Size
1,631 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 455K · January 2009
Community
The Springs 15

About S04/TH22, The Springs 15

S04/TH22 is a three-bedroom villa of 1,631 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 27 January 2009 for AED 454,888, or AED 278 per sqft, 44% below the AED 498 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 October 2021, is AED 90,000 a year: a gross yield of 19.8% on the 2009 price, before the service charge of about AED 3,500 a year.

Sales and rents for S04/TH22 over time

Sales
Villa S04/TH22, 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, January 2009: AED 454,888 (AED 278 per sqft)

S04/TH22 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S04/TH22, 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, January 2013: AED 99,732 a yearNew contract, January 2015: AED 148,000 a yearRenewal, January 2016: AED 137,000 a yearRenewal, January 2017: AED 134,000 a yearNew contract, January 2020: AED 88,000 a yearNew contract, October 2021: AED 90,000 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 S04/TH22 sits

All 359 3-beds →

S04/TH22 last sold in January 2009 at AED 278 per sqft, 44% below what three-beds in The Springs 15 were fetching at the time (AED 498). 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. S04/TH22's AED 90,000 is at the bottom 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 →

S04/TH22, The Springs 15 in numbers

  • Sold once: by Emaar on 27 January 2009 for AED 454,888, or AED 278 per sqft.
  • Rented since January 2013 on 6 Ejari contracts, from AED 99,732 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2009 price is 19.8%, before a service charge of about AED 3,500 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 1 October 2021.

Questions about S04/TH22, The Springs 15

What did villa S04/TH22 last sell for?

AED 454,888 on 27 January 2009, sold by the developer: AED 278 per sqft for 1,631 sqft. It is the only registered sale of the villa.

What is the rent for villa S04/TH22?

AED 90,000 a year on the contract signed on 1 October 2021. The previous contract, from January 2020, was AED 88,000; the villa has been rented since January 2013.

How big is villa S04/TH22?

1,631 sqft (151.5 sqm): a three-bedroom villa in The Springs 15, completed in 2004.

What is villa S04/TH22 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 S04/TH22, The Springs 15

Starts from the last sale price (AED 455K, 27 January 2009). Switch to today's estimate once you have unlocked it.
Price
AED 454,888
Deposit, UAE resident (20%)
AED 90,978
Deposit, non-resident (40%)
AED 181,955
Monthly over 25 years at 3.7%
AED 1,861

Plus AED 22,016 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →