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3-bed · 2,342 sqftThe Springs 15, The Springs · completed 2004

S06/TH02, The Springs 15

Sold prices and rental history: sold 4 times, last in May 2022, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH02 · DLD and Ejari recordsUpdated 18 May 2022
Last soldAED 3.19M18 May 2022
Current rentAED 131K /yr4 December 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH02, The Springs 15

What is S06/TH02 worth today?

Last sold for AED 3,185,000 in 2022

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18 May 2022SoldReady
AED 3,185,000AED 1,359 per sqft
17 Mar 2016SoldReady
AED 2,400,000AED 1,024 per sqft
4 Dec 2014RentedNew contract
AED 130,693/yr12 months · AED 56 per sqft
5 Dec 2012RentedNew contract
AED 120,000/yr12 months · AED 51 per sqft
17 Aug 2008SoldReady
AED 3,450,000AED 1,473 per sqft
11 May 2008Sold by developerReady
AED 633,888AED 270 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 May 2022.

Key facts

Type
3-bed villa
Size
2,342 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 3.19M · May 2022
Community
The Springs 15

About S06/TH02, The Springs 15

S06/TH02 is a three-bedroom villa of 2,342 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 18 May 2022 for AED 3,185,000, or AED 1,359 per sqft, 20% above the AED 1,131 three-beds in the community were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 4 December 2014, is AED 130,693 a year: a gross yield of 4.1% on the 2022 price, before the service charge of about AED 5,000 a year.

Sales and rents for S06/TH02 over time

Sales
Villa S06/TH02, 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 633,888 (AED 270 per sqft)Sold, August 2008: AED 3,450,000 (AED 1,473 per sqft)Sold, March 2016: AED 2,400,000 (AED 1,024 per sqft)Sold, May 2022: AED 3,185,000 (AED 1,359 per sqft)

S06/TH02 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S06/TH02, 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, December 2012: AED 120,000 a yearNew contract, December 2014: AED 130,693 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 S06/TH02 sits

All 359 3-beds →

S06/TH02 last sold in May 2022 at AED 1,359 per sqft, 20% above what three-beds in The Springs 15 were fetching at the time (AED 1,131). 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. S06/TH02's AED 130,693 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 →

S06/TH02, The Springs 15 in numbers

  • Sold 4 times: first on 11 May 2008 for AED 633,888, last on 18 May 2022 for AED 3,185,000 (AED 1,359 per sqft).
  • Rented since December 2012 on 2 Ejari contracts, from AED 120,000 to AED 130,693 a year.
  • At AED 130,693 a year the gross yield on the 2022 price is 4.1%, 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 18 May 2022.

Questions about S06/TH02, The Springs 15

What did villa S06/TH02 last sell for?

AED 3,185,000 on 18 May 2022: AED 1,359 per sqft for 2,342 sqft. The villa has 4 registered sales; the first was AED 633,888 in May 2008.

What is the rent for villa S06/TH02?

AED 130,693 a year on the contract signed on 4 December 2014. The previous contract, from December 2012, was AED 120,000.

How big is villa S06/TH02?

2,342 sqft (217.6 sqm): a three-bedroom villa in The Springs 15, completed in 2004.

What is villa S06/TH02 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 S06/TH02, The Springs 15

Starts from the last sale price (AED 3.19M, 18 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,185,000
Deposit, UAE resident (20%)
AED 637,000
Deposit, non-resident (40%)
AED 1,274,000
Monthly over 25 years at 3.7%
AED 13,031

Plus AED 138,780 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →