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3-bed · 2,359 sqftThe Springs 15, The Springs · completed 2004

S08/TH14, The Springs 15

Sold prices and rental history: sold twice, 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 S08/TH14 · DLD and Ejari recordsUpdated 19 August 2024
Last soldAED 4.2M19 August 2024
Current rentAED 280K /yr25 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S08/TH14, The Springs 15

What is S08/TH14 worth today?

Last sold for AED 4,200,000 in 2024

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19 Aug 2024SoldReady
AED 4,200,000AED 1,780 per sqft
25 Oct 2023RentedNew contract
AED 280,000/yr12 months · AED 119 per sqft
10 Nov 2022RentedNew contract
AED 220,000/yr12 months · AED 93 per sqft
15 Aug 2020RentedRenewal
AED 141,249/yr14 months · AED 60 per sqft
15 Aug 2019RentedRenewal
AED 145,000/yr12 months · AED 61 per sqft
15 Aug 2018RentedNew contract
AED 150,000/yr12 months · AED 64 per sqft
21 Dec 2017RentedNew contract
AED 165,000/yr12 months · AED 70 per sqft
1 May 2017RentedRenewal
AED 185,000/yr12 months · AED 78 per sqft

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

Key facts

Type
3-bed villa
Size
2,359 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 4.2M · August 2024
Community
The Springs 15

About S08/TH14, The Springs 15

S08/TH14 is a three-bedroom villa of 2,359 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 4,200,000, or AED 1,780 per sqft, 8% above the AED 1,643 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 25 October 2023, is AED 280,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 5,000 a year.

Sales and rents for S08/TH14 over time

Sales
Villa S08/TH14, 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, March 2010: AED 850,000 (AED 360 per sqft)Sold, August 2024: AED 4,200,000 (AED 1,780 per sqft)

S08/TH14 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S08/TH14, each contractTypical three-bed in The Springs 15
100K200K300K20112015201920232027Typical 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, October 2013: AED 169,544 a yearRenewal, May 2015: AED 190,000 a yearRenewal, May 2016: AED 190,000 a yearRenewal, May 2017: AED 185,000 a yearNew contract, December 2017: AED 165,000 a yearNew contract, August 2018: AED 150,000 a yearRenewal, August 2019: AED 145,000 a yearRenewal, August 2020: AED 141,249 a yearNew contract, November 2022: AED 220,000 a yearNew contract, October 2023: AED 280,000 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 S08/TH14 sits

All 359 3-beds →

S08/TH14 last sold in August 2024 at AED 1,780 per sqft, 8% above what three-beds in The Springs 15 were fetching at the time (AED 1,643). 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. S08/TH14's AED 280,000 is in the upper 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 →

S08/TH14, The Springs 15 in numbers

  • Sold twice: first on 24 March 2010 for AED 850,000, last on 19 August 2024 for AED 4,200,000 (AED 1,780 per sqft).
  • Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 169,544 to AED 141,249 in 2020 and recovered to AED 280,000 by October 2023.
  • At AED 280,000 a year the gross yield on the 2024 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 19 August 2024.

Questions about S08/TH14, The Springs 15

What did villa S08/TH14 last sell for?

AED 4,200,000 on 19 August 2024: AED 1,780 per sqft for 2,359 sqft. The villa has 2 registered sales; the first was AED 850,000 in March 2010.

What is the rent for villa S08/TH14?

AED 280,000 a year on the contract signed on 25 October 2023. The previous contract, from November 2022, was AED 220,000; the villa has been rented since October 2013.

How big is villa S08/TH14?

2,359 sqft (219.2 sqm): a three-bedroom villa in The Springs 15, completed in 2004.

What is villa S08/TH14 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 S08/TH14, The Springs 15

Starts from the last sale price (AED 4.2M, 19 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

Plus AED 181,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →