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3-bed · 2,982 sqftThe Springs 15, The Springs · completed 2004

S06/TH89, The Springs 15

Sold prices and rental history: sold 6 times, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH89 · DLD and Ejari recordsUpdated 20 June 2023
Last soldAED 5M20 June 2023
Current rentAED 163K /yr23 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH89, The Springs 15

What is S06/TH89 worth today?

Last sold for AED 5,000,000 in 2023

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20 Jun 2023SoldReady
AED 5,000,000AED 1,676 per sqft
25 Aug 2021SoldReady
AED 4,000,000AED 1,341 per sqft
25 Oct 2020SoldReady
AED 2,400,000AED 804 per sqft
31 Jul 2019SoldReady
AED 1,175,000AED 394 per sqft
23 Sep 2018RentedNew contract
AED 162,500/yr12 months · AED 54 per sqft
18 Sep 2017RentedRenewal
AED 181,078/yr6 months · AED 61 per sqft
18 Sep 2016RentedRenewal
AED 200,000/yr12 months · AED 67 per sqft
29 Sep 2015SoldReady
AED 1,500,000AED 1,006 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 June 2023.

Key facts

Type
3-bed villa
Size
2,982 sqft
Developer
Emaar
Completed
2004
Service charge
AED 6,400 /yr
Last sold
AED 5M · June 2023
Community
The Springs 15

About S06/TH89, The Springs 15

S06/TH89 is a three-bedroom villa of 2,982 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 20 June 2023 for AED 5,000,000, or AED 1,676 per sqft, 34% above the AED 1,248 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 23 September 2018, is AED 162,500 a year: a gross yield of 3.3% on the 2023 price, before the service charge of about AED 6,400 a year.

Sales and rents for S06/TH89 over time

Sales
Villa S06/TH89, 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, February 2012: AED 1,382,116 (AED 463 per sqft)Sold, September 2015: AED 1,500,000 (AED 1,006 per sqft)Sold, July 2019: AED 1,175,000 (AED 394 per sqft)Sold, October 2020: AED 2,400,000 (AED 804 per sqft)Sold, August 2021: AED 4,000,000 (AED 1,341 per sqft)Sold, June 2023: AED 5,000,000 (AED 1,676 per sqft)

S06/TH89 has sold 6 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S06/TH89, each contractTypical three-bed in The Springs 15
100K150K200K20112015201920232027Typical 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, April 2013: AED 185,000 a yearNew contract, April 2014: AED 185,000 a yearNew contract, September 2014: AED 200,000 a yearRenewal, September 2016: AED 200,000 a yearRenewal, September 2017: AED 181,078 a yearNew contract, September 2018: AED 162,500 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/TH89 sits

All 359 3-beds →

S06/TH89 last sold in June 2023 at AED 1,676 per sqft, 34% above what three-beds in The Springs 15 were fetching at the time (AED 1,248). 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/TH89's AED 162,500 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/TH89, The Springs 15 in numbers

  • Sold 6 times: first on 12 February 2012 for AED 1,382,116, last on 20 June 2023 for AED 5,000,000 (AED 1,676 per sqft).
  • Rented since April 2013 on 6 Ejari contracts, from AED 185,000 to AED 162,500 a year.
  • At AED 162,500 a year the gross yield on the 2023 price is 3.3%, before a service charge of about AED 6,400 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 20 June 2023.

Questions about S06/TH89, The Springs 15

What did villa S06/TH89 last sell for?

AED 5,000,000 on 20 June 2023: AED 1,676 per sqft for 2,982 sqft. The villa has 6 registered sales; the first was AED 1,382,116 in February 2012.

What is the rent for villa S06/TH89?

AED 162,500 a year on the contract signed on 23 September 2018. The previous contract, from September 2017, was AED 181,078; the villa has been rented since April 2013.

How big is villa S06/TH89?

2,982 sqft (277.0 sqm): a three-bedroom villa in The Springs 15, completed in 2004.

What is villa S06/TH89 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/TH89, The Springs 15

Starts from the last sale price (AED 5M, 20 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

Plus AED 215,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →