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

S06/TH31, The Springs 15

Sold prices and rental history: sold 5 times, last in May 2021, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH31 · DLD and Ejari recordsUpdated 31 May 2021
Last soldAED 2.23M31 May 2021
Current rentAED 120K /yr10 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH31, The Springs 15

What is S06/TH31 worth today?

Last sold for AED 2,225,000 in 2021

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31 May 2021SoldReady
AED 2,225,000AED 1,250 per sqft
13 Aug 2020SoldReady
AED 1,275,000AED 716 per sqft
10 Sep 2017RentedNew contract
AED 120,000/yr12 months · AED 67 per sqft
18 Mar 2015RentedNew contract
AED 134,615/yr12 months · AED 76 per sqft
28 Aug 2014RentedNew contract
AED 140,000/yr12 months · AED 79 per sqft
30 Jun 2014SoldReady
AED 2,550,000AED 1,432 per sqft
26 Aug 2013SoldReady
AED 2,500,000AED 1,404 per sqft
31 May 2007Sold by developerReady
AED 254,944AED 143 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 May 2021.

Key facts

Type
3-bed villa
Size
1,780 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 2.23M · May 2021
Community
The Springs 15

About S06/TH31, The Springs 15

S06/TH31 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 31 May 2021 for AED 2,225,000, or AED 1,250 per sqft, 59% above the AED 785 three-beds in the community were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 10 September 2017, is AED 120,000 a year: a gross yield of 5.4% on the 2021 price, before the service charge of about AED 3,800 a year.

Sales and rents for S06/TH31 over time

Sales
Villa S06/TH31, 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 2007: AED 254,944 (AED 143 per sqft)Sold, August 2013: AED 2,500,000 (AED 1,404 per sqft)Sold, June 2014: AED 2,550,000 (AED 1,432 per sqft)Sold, August 2020: AED 1,275,000 (AED 716 per sqft)Sold, May 2021: AED 2,225,000 (AED 1,250 per sqft)

S06/TH31 has sold 5 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S06/TH31, 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, August 2014: AED 140,000 a yearNew contract, March 2015: AED 134,615 a yearNew contract, September 2017: AED 120,000 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/TH31 sits

All 359 3-beds →

S06/TH31 last sold in May 2021 at AED 1,250 per sqft, 59% above what three-beds in The Springs 15 were fetching at the time (AED 785). 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/TH31's AED 120,000 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/TH31, The Springs 15 in numbers

  • Sold 5 times: first on 31 May 2007 for AED 254,944, last on 31 May 2021 for AED 2,225,000 (AED 1,250 per sqft).
  • Rented since August 2014 on 3 Ejari contracts, from AED 140,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2021 price is 5.4%, 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 31 May 2021.

Questions about S06/TH31, The Springs 15

What did villa S06/TH31 last sell for?

AED 2,225,000 on 31 May 2021: AED 1,250 per sqft for 1,780 sqft. The villa has 5 registered sales; the first was AED 254,944 in May 2007.

What is the rent for villa S06/TH31?

AED 120,000 a year on the contract signed on 10 September 2017. The previous contract, from March 2015, was AED 134,615; the villa has been rented since August 2014.

How big is villa S06/TH31?

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

What is villa S06/TH31 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/TH31, The Springs 15

Starts from the last sale price (AED 2.23M, 31 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,225,000
Deposit, UAE resident (20%)
AED 445,000
Deposit, non-resident (40%)
AED 890,000
Monthly over 25 years at 3.7%
AED 9,103

Plus AED 98,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →