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3-bed · 1,763 sqftThe Springs 15, The Springs · completed 2004

S06/TH24, The Springs 15

Sold prices and rental history: sold 4 times, last in June 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH24 · DLD and Ejari recordsUpdated 10 June 2018
Last soldAED 1.7M10 June 2018
Current rentAED 145K /yr10 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH24, The Springs 15

What is S06/TH24 worth today?

Last sold for AED 1,700,000 in 2018

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10 Jun 2018SoldReady
AED 1,700,000AED 964 per sqft
10 Jul 2016RentedRenewal
AED 145,000/yr24 months · AED 82 per sqft
10 Jul 2015RentedNew contract
AED 145,000/yr12 months · AED 82 per sqft
19 Jul 2014RentedNew contract
AED 150,000/yr12 months · AED 85 per sqft
16 Feb 2014RentedNew contract
AED 142,000/yr12 months · AED 81 per sqft
4 Feb 2014SoldReady
AED 2,300,000AED 1,304 per sqft
11 Aug 2011Sold by developerReady
AED 509,888AED 289 per sqft
11 Aug 2011SoldReady
AED 1,290,000AED 731 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 June 2018.

Key facts

Type
3-bed villa
Size
1,763 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 1.7M · June 2018
Community
The Springs 15

About S06/TH24, The Springs 15

S06/TH24 is a three-bedroom villa of 1,763 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 10 June 2018 for AED 1,700,000, or AED 964 per sqft, in line with the AED 990 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 10 July 2016, is AED 145,000 a year: a gross yield of 8.5% on the 2018 price, before the service charge of about AED 3,800 a year.

Sales and rents for S06/TH24 over time

Sales
Villa S06/TH24, 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 289 per sqft)Sold, August 2011: AED 1,290,000 (AED 731 per sqft)Sold, February 2014: AED 2,300,000 (AED 1,304 per sqft)Sold, June 2018: AED 1,700,000 (AED 964 per sqft)

S06/TH24 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S06/TH24, 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, February 2014: AED 142,000 a yearNew contract, July 2014: AED 150,000 a yearNew contract, July 2015: AED 145,000 a yearRenewal, July 2016: AED 145,000 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 S06/TH24 sits

All 359 3-beds →

S06/TH24 last sold in June 2018 at AED 964 per sqft, in line with what three-beds in The Springs 15 were fetching at the time (AED 990). 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/TH24's AED 145,000 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 →

S06/TH24, The Springs 15 in numbers

  • Sold 4 times: first on 11 August 2011 for AED 1,290,000, last on 10 June 2018 for AED 1,700,000 (AED 964 per sqft).
  • Rented since February 2014 on 4 Ejari contracts, from AED 142,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2018 price is 8.5%, 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 10 June 2018.

Questions about S06/TH24, The Springs 15

What did villa S06/TH24 last sell for?

AED 1,700,000 on 10 June 2018: AED 964 per sqft for 1,763 sqft. The villa has 4 registered sales; the first was AED 1,290,000 in August 2011.

What is the rent for villa S06/TH24?

AED 145,000 a year on the contract renewed on 10 July 2016. The previous contract, from July 2015, was AED 145,000; the villa has been rented since February 2014.

How big is villa S06/TH24?

1,763 sqft (163.8 sqm): a three-bedroom villa in The Springs 15, completed in 2004.

What is villa S06/TH24 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/TH24, The Springs 15

Starts from the last sale price (AED 1.7M, 10 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →