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

S06/TH48, The Springs 15

Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH48 · DLD and Ejari recordsUpdated 13 September 2022
Last soldAED 2.03M13 September 2022
Current rentAED 100K /yr3 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH48, The Springs 15

What is S06/TH48 worth today?

Last sold for AED 2,030,000 in 2022

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13 Sep 2022SoldReady
AED 2,030,000AED 1,151 per sqft
3 Aug 2022RentedNew contract
AED 100,000/yr12 months · AED 57 per sqft
3 Aug 2020RentedRenewal
AED 100,000/yr24 months · AED 57 per sqft
3 Aug 2019RentedRenewal
AED 115,000/yr12 months · AED 65 per sqft
1 Aug 2017RentedRenewal
AED 144,000/yr12 months · AED 82 per sqft
1 Aug 2015RentedNew contract
AED 135,000/yr12 months · AED 77 per sqft
1 Aug 2014RentedNew contract
AED 125,000/yr12 months · AED 71 per sqft
1 Aug 2013RentedNew contract
AED 125,000/yr12 months · AED 71 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 September 2022.

Key facts

Type
3-bed villa
Size
1,763 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 2.03M · September 2022
Community
The Springs 15

About S06/TH48, The Springs 15

S06/TH48 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 13 September 2022 for AED 2,030,000, or AED 1,151 per sqft, in line with the AED 1,132 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 3 August 2022, is AED 100,000 a year: a gross yield of 4.9% on the 2022 price, before the service charge of about AED 3,800 a year.

Sales and rents for S06/TH48 over time

Sales
Villa S06/TH48, 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, July 2008: AED 900,000 (AED 510 per sqft)Sold, April 2012: AED 1,570,000 (AED 890 per sqft)Sold, September 2022: AED 2,030,000 (AED 1,151 per sqft)

S06/TH48 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S06/TH48, 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 2013: AED 125,000 a yearNew contract, August 2014: AED 125,000 a yearNew contract, August 2015: AED 135,000 a yearRenewal, August 2017: AED 144,000 a yearRenewal, August 2019: AED 115,000 a yearRenewal, August 2020: AED 100,000 a yearNew contract, August 2022: AED 100,000 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/TH48 sits

All 359 3-beds →

S06/TH48 last sold in September 2022 at AED 1,151 per sqft, in line with what three-beds in The Springs 15 were fetching at the time (AED 1,132). 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/TH48's AED 100,000 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 →

S06/TH48, The Springs 15 in numbers

  • Sold 3 times: first on 24 July 2008 for AED 900,000, last on 13 September 2022 for AED 2,030,000 (AED 1,151 per sqft).
  • Rented since August 2013 on 7 Ejari contracts, from AED 125,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 4.9%, 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 13 September 2022.

Questions about S06/TH48, The Springs 15

What did villa S06/TH48 last sell for?

AED 2,030,000 on 13 September 2022: AED 1,151 per sqft for 1,763 sqft. The villa has 3 registered sales; the first was AED 900,000 in July 2008.

What is the rent for villa S06/TH48?

AED 100,000 a year on the contract signed on 3 August 2022. The previous contract, from August 2020, was AED 100,000; the villa has been rented since August 2013.

How big is villa S06/TH48?

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

What is villa S06/TH48 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/TH48, The Springs 15

Starts from the last sale price (AED 2.03M, 13 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,030,000
Deposit, UAE resident (20%)
AED 406,000
Deposit, non-resident (40%)
AED 812,000
Monthly over 25 years at 3.7%
AED 8,305

Plus AED 90,270 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →