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3-bed · 2,343 sqftThe Springs 15, The Springs · completed 2004

S07/TH04, The Springs 15

Sold prices and rental history: sold 3 times, last in October 2016, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S07/TH04 · DLD and Ejari recordsUpdated 30 October 2016
Last soldAED 2.45M30 October 2016
Current rentAED 165K /yr29 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S07/TH04, The Springs 15

What is S07/TH04 worth today?

Last sold for AED 2,450,000 in 2016

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30 Oct 2016SoldReady
AED 2,450,000AED 1,045 per sqft
29 Dec 2015RentedNew contract
AED 165,000/yr12 months · AED 70 per sqft
15 Jan 2015RentedNew contract
AED 162,500/yr12 months · AED 69 per sqft
4 Dec 2012RentedNew contract
AED 135,000/yr12 months · AED 58 per sqft
14 May 2008Sold by developerReady
AED 633,900AED 270 per sqft
14 May 2008SoldReady
AED 1,350,000AED 576 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 October 2016.

Key facts

Type
3-bed villa
Size
2,343 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 2.45M · October 2016
Community
The Springs 15

About S07/TH04, The Springs 15

S07/TH04 is a three-bedroom villa of 2,343 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 30 October 2016 for AED 2,450,000, or AED 1,045 per sqft, 5% below the AED 1,099 three-beds in the community were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 29 December 2015, is AED 165,000 a year: a gross yield of 6.7% on the 2016 price, before the service charge of about AED 5,000 a year.

Sales and rents for S07/TH04 over time

Sales
Villa S07/TH04, 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 2008: AED 633,900 (AED 270 per sqft)Sold, May 2008: AED 1,350,000 (AED 576 per sqft)Sold, October 2016: AED 2,450,000 (AED 1,045 per sqft)

S07/TH04 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S07/TH04, 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, December 2012: AED 135,000 a yearNew contract, January 2015: AED 162,500 a yearNew contract, December 2015: AED 165,000 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 S07/TH04 sits

All 359 3-beds →

S07/TH04 last sold in October 2016 at AED 1,045 per sqft, 5% below what three-beds in The Springs 15 were fetching at the time (AED 1,099). 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. S07/TH04's AED 165,000 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 →

S07/TH04, The Springs 15 in numbers

  • Sold 3 times: first on 14 May 2008 for AED 1,350,000, last on 30 October 2016 for AED 2,450,000 (AED 1,045 per sqft).
  • Rented since December 2012 on 3 Ejari contracts, from AED 135,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2016 price is 6.7%, before a service charge of about AED 5,000 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 30 October 2016.

Questions about S07/TH04, The Springs 15

What did villa S07/TH04 last sell for?

AED 2,450,000 on 30 October 2016: AED 1,045 per sqft for 2,343 sqft. The villa has 3 registered sales; the first was AED 1,350,000 in May 2008.

What is the rent for villa S07/TH04?

AED 165,000 a year on the contract signed on 29 December 2015. The previous contract, from January 2015, was AED 162,500; the villa has been rented since December 2012.

How big is villa S07/TH04?

2,343 sqft (217.7 sqm): a three-bedroom villa in The Springs 15, completed in 2004.

What is villa S07/TH04 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 S07/TH04, The Springs 15

Starts from the last sale price (AED 2.45M, 30 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

Plus AED 107,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →