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3-bed · 2,290 sqftThe Springs 15, The Springs · completed 2004

S07/TH38, The Springs 15

Sold prices and rental history: sold 3 times, last in August 2024, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S07/TH38 · DLD and Ejari recordsUpdated 21 August 2024
Last soldAED 4.95M21 August 2024
Current rentAED 130K /yr1 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S07/TH38, The Springs 15

What is S07/TH38 worth today?

Last sold for AED 4,950,000 in 2024

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21 Aug 2024SoldReady
AED 4,950,000AED 2,161 per sqft
31 Jan 2017SoldReady
AED 2,650,000AED 1,157 per sqft
1 Apr 2015RentedNew contract
AED 129,600/yr12 months · AED 57 per sqft
1 Apr 2014RentedNew contract
AED 129,600/yr12 months · AED 57 per sqft
12 Dec 2013Sold by developerReady
AED 664,888AED 290 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 August 2024.

Key facts

Type
3-bed villa
Size
2,290 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,900 /yr
Last sold
AED 4.95M · August 2024
Community
The Springs 15

About S07/TH38, The Springs 15

S07/TH38 is a three-bedroom villa of 2,290 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 21 August 2024 for AED 4,950,000, or AED 2,161 per sqft, 31% above the AED 1,651 three-beds in the community were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 1 April 2015, is AED 129,600 a year: a gross yield of 2.6% on the 2024 price, before the service charge of about AED 4,900 a year.

Sales and rents for S07/TH38 over time

Sales
Villa S07/TH38, 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, December 2013: AED 664,888 (AED 290 per sqft)Sold, January 2017: AED 2,650,000 (AED 1,157 per sqft)Sold, August 2024: AED 4,950,000 (AED 2,161 per sqft)

S07/TH38 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S07/TH38, 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, April 2014: AED 129,600 a yearNew contract, April 2015: AED 129,600 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/TH38 sits

All 359 3-beds →

S07/TH38 last sold in August 2024 at AED 2,161 per sqft, 31% above what three-beds in The Springs 15 were fetching at the time (AED 1,651). 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/TH38's AED 129,600 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/TH38, The Springs 15 in numbers

  • Sold 3 times: first on 12 December 2013 for AED 664,888, last on 21 August 2024 for AED 4,950,000 (AED 2,161 per sqft).
  • Rented since April 2014 on 2 Ejari contracts, at AED 129,600 a year.
  • At AED 129,600 a year the gross yield on the 2024 price is 2.6%, before a service charge of about AED 4,900 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 21 August 2024.

Questions about S07/TH38, The Springs 15

What did villa S07/TH38 last sell for?

AED 4,950,000 on 21 August 2024: AED 2,161 per sqft for 2,290 sqft. The villa has 3 registered sales; the first was AED 664,888 in December 2013.

What is the rent for villa S07/TH38?

AED 129,600 a year on the contract signed on 1 April 2015. The previous contract, from April 2014, was AED 129,600.

How big is villa S07/TH38?

2,290 sqft (212.7 sqm): a three-bedroom villa in The Springs 15, completed in 2004.

What is villa S07/TH38 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/TH38, The Springs 15

Starts from the last sale price (AED 4.95M, 21 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,950,000
Deposit, UAE resident (20%)
AED 990,000
Deposit, non-resident (40%)
AED 1,980,000
Monthly over 25 years at 3.7%
AED 20,252

Plus AED 212,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →