2-bed · 1,773 sqftThe Springs 15, The Springs · completed 2004

S06/TH55, The Springs 15

Sold prices and rental history: sold 3 times, last in October 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH55 · DLD and Ejari recordsUpdated 20 June 2022
Last soldAED 1.8M6 October 2021
Current rentAED 150K /yr20 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH55, The Springs 15

What is S06/TH55 worth today?

Last sold for AED 1,800,000 in 2021

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20 Jun 2022RentedNew contract
AED 150,000/yr12 months · AED 85 per sqft
6 Oct 2021SoldReady
AED 1,800,000AED 1,015 per sqft
15 Apr 2021SoldReady
AED 1,580,000AED 891 per sqft
24 Nov 2020RentedNew contract
AED 80,000/yr12 months · AED 45 per sqft
25 Feb 2019RentedRenewal
AED 115,000/yr12 months · AED 65 per sqft
25 Feb 2017RentedRenewal
AED 145,000/yr12 months · AED 82 per sqft
25 Feb 2016RentedNew contract
AED 145,000/yr12 months · AED 82 per sqft
2 Jul 2015RentedRenewal
AED 90,000/yr12 months · AED 51 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 June 2022.

Key facts

Type
2-bed villa
Size
1,773 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 1.8M · October 2021

About S06/TH55, The Springs 15

S06/TH55 is a two-bedroom villa of 1,773 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 6 October 2021 for AED 1,800,000, or AED 1,015 per sqft, 11% above the AED 918 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 20 June 2022, is AED 150,000 a year: a gross yield of 8.3% on the 2021 price, before the service charge of about AED 3,800 a year.

Sales and rents for S06/TH55 over time

Sales
Villa S06/TH55, each saleTypical two-bed in The Springs 15
02M2007201220172022Typical sale price by year: 2007 AED 478,888; 2008 AED 840,000; 2009 AED 774,510; 2010 AED 708,500; 2011 AED 592,444; 2012 AED 1,460,000; 2013 AED 1,697,500; 2014 AED 2,000,000; 2015 AED 1,690,000; 2021 AED 1,700,000; 2022 AED 1,745,000; 2023 AED 2,350,000; 2024 AED 2,895,000; 2025 AED 3,400,000Sold by developer, January 2014: AED 487,888 (AED 641 per sqft)Sold, April 2021: AED 1,580,000 (AED 891 per sqft)Sold, October 2021: AED 1,800,000 (AED 1,015 per sqft)

S06/TH55 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S06/TH55, each contractTypical two-bed in The Springs 15
100K150K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 105,000; 2014 AED 130,000; 2015 AED 130,000; 2016 AED 128,000; 2017 AED 127,000; 2018 AED 112,500; 2019 AED 100,000; 2020 AED 83,000; 2021 AED 84,500; 2022 AED 102,500; 2023 AED 120,000; 2024 AED 150,000; 2025 AED 170,000New contract, July 2014: AED 90,000 a yearRenewal, July 2015: AED 90,000 a yearNew contract, February 2016: AED 145,000 a yearRenewal, February 2017: AED 145,000 a yearRenewal, February 2019: AED 115,000 a yearNew contract, November 2020: AED 80,000 a yearNew contract, June 2022: AED 150,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the community.

2-beds in The Springs 15, and where S06/TH55 sits

All 50 2-beds →

S06/TH55 last sold in October 2021 at AED 1,015 per sqft, 11% above what two-beds in The Springs 15 were fetching at the time (AED 918). Over the last 12 months two-beds sold for AED 3,550,000 to 3,635,000, around AED 2,114 per sqft, and rent for AED 200,000 to 200,000 a year.

Recent 2-bed salesVilla no.Price (AED)Summary
23 Dec 20253,550,000
18 Nov 20253,635,000
28 Oct 20253,525,000
3 Oct 20253,400,000
2 2-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/TH55, The Springs 15 in numbers

  • Sold 3 times: first on 22 January 2014 for AED 487,888, last on 6 October 2021 for AED 1,800,000 (AED 1,015 per sqft).
  • Rented since July 2014 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 80,000 in 2020 and recovered to AED 150,000 by June 2022.
  • At AED 150,000 a year the gross yield on the 2021 price is 8.3%, before a service charge of about AED 3,800 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 15 sold for AED 3,550,000–3,635,000 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 20 June 2022.

Questions about S06/TH55, The Springs 15

What did villa S06/TH55 last sell for?

AED 1,800,000 on 6 October 2021: AED 1,015 per sqft for 1,773 sqft. The villa has 3 registered sales; the first was AED 487,888 in January 2014.

What is the rent for villa S06/TH55?

AED 150,000 a year on the contract signed on 20 June 2022. The previous contract, from November 2020, was AED 80,000; the villa has been rented since July 2014.

How big is villa S06/TH55?

1,773 sqft (164.7 sqm): a two-bedroom villa in The Springs 15, completed in 2004.

What is villa S06/TH55 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Springs 15 sold for AED 3,550,000 to 3,635,000 in the last 12 months, around AED 2,114 per sqft.

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Mortgage on S06/TH55, The Springs 15

Starts from the last sale price (AED 1.8M, 6 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →