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3-bed · 1,780 sqftThe Springs 15, The Springs · completed 2004

S06/TH23, The Springs 15

Sold prices and rental history: sold 4 times, last in January 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH23 · DLD and Ejari recordsUpdated 14 January 2024
Last soldAED 2.78M10 January 2024
Current rentAED 89K /yr14 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH23, The Springs 15

What is S06/TH23 worth today?

Last sold for AED 2,780,000 in 2024

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14 Jan 2024RentedNew contract
AED 89,355/yr12 months · AED 50 per sqft
10 Jan 2024SoldReady
AED 2,780,000AED 1,562 per sqft
17 Aug 2023SoldReady
AED 2,275,000AED 1,278 per sqft
14 Jan 2023RentedRenewal
AED 85,100/yr12 months · AED 48 per sqft
14 Jan 2021RentedRenewal
AED 70,000/yr12 months · AED 39 per sqft
14 Jan 2020RentedNew contract
AED 80,000/yr12 months · AED 45 per sqft
14 Jan 2017RentedNew contract
AED 117,500/yr12 months · AED 66 per sqft
11 Aug 2011Sold by developerReady
AED 509,888AED 286 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 January 2024.

Key facts

Type
3-bed villa
Size
1,780 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 2.78M · January 2024
Community
The Springs 15

About S06/TH23, The Springs 15

S06/TH23 is a three-bedroom villa of 1,780 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 10 January 2024 for AED 2,780,000, or AED 1,562 per sqft, 12% above the AED 1,397 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 14 January 2024, is AED 89,355 a year: a gross yield of 3.2% on the 2024 price, before the service charge of about AED 3,800 a year.

Sales and rents for S06/TH23 over time

Sales
Villa S06/TH23, 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 2011: AED 509,888 (AED 286 per sqft)Sold, August 2011: AED 1,290,000 (AED 724 per sqft)Sold, August 2023: AED 2,275,000 (AED 1,278 per sqft)Sold, January 2024: AED 2,780,000 (AED 1,562 per sqft)

S06/TH23 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S06/TH23, 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 2017: AED 117,500 a yearNew contract, January 2020: AED 80,000 a yearRenewal, January 2021: AED 70,000 a yearRenewal, January 2023: AED 85,100 a yearNew contract, January 2024: AED 89,355 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/TH23 sits

All 359 3-beds →

S06/TH23 last sold in January 2024 at AED 1,562 per sqft, 12% above what three-beds in The Springs 15 were fetching at the time (AED 1,397). 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/TH23's AED 89,355 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 →

S06/TH23, The Springs 15 in numbers

  • Sold 4 times: first on 11 August 2011 for AED 1,290,000, last on 10 January 2024 for AED 2,780,000 (AED 1,562 per sqft).
  • Rented since January 2017 on 5 Ejari contracts. The rent fell from AED 117,500 to AED 70,000 in 2021 and recovered to AED 89,355 by January 2024.
  • At AED 89,355 a year the gross yield on the 2024 price is 3.2%, before a service charge of about AED 3,800 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 14 January 2024.

Questions about S06/TH23, The Springs 15

What did villa S06/TH23 last sell for?

AED 2,780,000 on 10 January 2024: AED 1,562 per sqft for 1,780 sqft. The villa has 4 registered sales; the first was AED 1,290,000 in August 2011.

What is the rent for villa S06/TH23?

AED 89,355 a year on the contract signed on 14 January 2024. The previous contract, from January 2023, was AED 85,100; the villa has been rented since January 2017.

How big is villa S06/TH23?

1,780 sqft (165.4 sqm): a three-bedroom villa in The Springs 15, completed in 2004.

What is villa S06/TH23 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/TH23, The Springs 15

Starts from the last sale price (AED 2.78M, 10 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,780,000
Deposit, UAE resident (20%)
AED 556,000
Deposit, non-resident (40%)
AED 1,112,000
Monthly over 25 years at 3.7%
AED 11,374

Plus AED 121,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →