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2-bed · 1,637 sqftThe Springs 15, The Springs · completed 2004

S06/TH60, The Springs 15

Sold prices and rental history: sold 6 times, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH60 · DLD and Ejari recordsUpdated 19 August 2024
Last soldAED 3.15M19 August 2024
Current rentAED 88K /yr7 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH60, The Springs 15

What is S06/TH60 worth today?

Last sold for AED 3,150,000 in 2024

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19 Aug 2024SoldReady
AED 3,150,000AED 1,924 per sqft
22 Mar 2023SoldReady
AED 2,350,000AED 1,435 per sqft
22 Jun 2022SoldReady
AED 1,800,000AED 1,099 per sqft
7 Nov 2020RentedNew contract
AED 87,500/yr12 months · AED 53 per sqft
10 Dec 2017SoldReady
AED 1,650,000AED 1,007 per sqft
9 Jul 2017RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
19 Jul 2016SoldReady
AED 1,650,000AED 1,007 per sqft
16 May 2016RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 August 2024.

Key facts

Type
2-bed villa
Size
1,637 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 3.15M · August 2024
Community
The Springs 15

About S06/TH60, The Springs 15

S06/TH60 is a two-bedroom villa of 1,637 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 19 August 2024 for AED 3,150,000, or AED 1,924 per sqft, 25% above the AED 1,534 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 7 November 2020, is AED 87,500 a year: a gross yield of 2.8% on the 2024 price, before the service charge of about AED 3,500 a year.

Sales and rents for S06/TH60 over time

Sales
Villa S06/TH60, 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, February 2011: AED 454,888 (AED 277 per sqft)Sold, July 2016: AED 1,650,000 (AED 1,007 per sqft)Sold, December 2017: AED 1,650,000 (AED 1,007 per sqft)Sold, June 2022: AED 1,800,000 (AED 1,099 per sqft)Sold, March 2023: AED 2,350,000 (AED 1,435 per sqft)Sold, August 2024: AED 3,150,000 (AED 1,924 per sqft)

S06/TH60 has sold 6 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S06/TH60, 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, May 2013: AED 105,000 a yearNew contract, May 2014: AED 120,273 a yearNew contract, May 2016: AED 120,000 a yearNew contract, July 2017: AED 120,000 a yearNew contract, November 2020: AED 87,500 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/TH60 sits

All 50 2-beds →

S06/TH60 last sold in August 2024 at AED 1,924 per sqft, 25% above what two-beds in The Springs 15 were fetching at the time (AED 1,534). 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/TH60, The Springs 15 in numbers

  • Sold 6 times: first on 1 February 2011 for AED 454,888, last on 19 August 2024 for AED 3,150,000 (AED 1,924 per sqft).
  • Rented since May 2013 on 5 Ejari contracts, from AED 105,000 to AED 87,500 a year.
  • At AED 87,500 a year the gross yield on the 2024 price is 2.8%, before a service charge of about AED 3,500 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 19 August 2024.

Questions about S06/TH60, The Springs 15

What did villa S06/TH60 last sell for?

AED 3,150,000 on 19 August 2024: AED 1,924 per sqft for 1,637 sqft. The villa has 6 registered sales; the first was AED 454,888 in February 2011.

What is the rent for villa S06/TH60?

AED 87,500 a year on the contract signed on 7 November 2020. The previous contract, from July 2017, was AED 120,000; the villa has been rented since May 2013.

How big is villa S06/TH60?

1,637 sqft (152.1 sqm): a two-bedroom villa in The Springs 15, completed in 2004.

What is villa S06/TH60 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/TH60, The Springs 15

Starts from the last sale price (AED 3.15M, 19 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

Plus AED 137,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →