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2-bed · 1,763 sqftThe Springs 15, The Springs · completed 2004

S09/TH11, The Springs 15

Sold prices and rental history: sold 4 times, last in September 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH11 · DLD and Ejari recordsUpdated 18 September 2023
Last soldAED 2.55M18 September 2023
Current rentAED 140K /yr1 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH11, The Springs 15

What is S09/TH11 worth today?

Last sold for AED 2,550,000 in 2023

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18 Sep 2023SoldReady
AED 2,550,000AED 1,446 per sqft
1 May 2018RentedRenewal
AED 140,000/yr12 months · AED 79 per sqft
1 May 2017RentedNew contract
AED 140,000/yr12 months · AED 79 per sqft
30 Apr 2012SoldReady
AED 1,500,000AED 850 per sqft
11 Mar 2008Sold by developerReady
AED 1,870,000AED 1,060 per sqft
11 Mar 2008SoldReady
AED 515,888AED 292 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 September 2023.

Key facts

Type
2-bed villa
Size
1,763 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 2.55M · September 2023
Community
The Springs 15

About S09/TH11, The Springs 15

S09/TH11 is a two-bedroom villa of 1,763 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 18 September 2023 for AED 2,550,000, or AED 1,446 per sqft, 9% above the AED 1,332 two-beds in the community were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, renewed on 1 May 2018, is AED 140,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 3,800 a year.

Sales and rents for S09/TH11 over time

Sales
Villa S09/TH11, 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, March 2008: AED 1,870,000 (AED 1,060 per sqft)Sold, March 2008: AED 515,888 (AED 292 per sqft)Sold, April 2012: AED 1,500,000 (AED 850 per sqft)Sold, September 2023: AED 2,550,000 (AED 1,446 per sqft)

S09/TH11 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S09/TH11, 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 2017: AED 140,000 a yearRenewal, May 2018: AED 140,000 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 S09/TH11 sits

All 50 2-beds →

S09/TH11 last sold in September 2023 at AED 1,446 per sqft, 9% above what two-beds in The Springs 15 were fetching at the time (AED 1,332). 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 →

S09/TH11, The Springs 15 in numbers

  • Sold 4 times: first on 11 March 2008 for AED 515,888, last on 18 September 2023 for AED 2,550,000 (AED 1,446 per sqft).
  • Rented since May 2017 on 2 Ejari contracts, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 3,800 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 18 September 2023.

Questions about S09/TH11, The Springs 15

What did villa S09/TH11 last sell for?

AED 2,550,000 on 18 September 2023: AED 1,446 per sqft for 1,763 sqft. The villa has 4 registered sales; the first was AED 515,888 in March 2008.

What is the rent for villa S09/TH11?

AED 140,000 a year on the contract renewed on 1 May 2018. The previous contract, from May 2017, was AED 140,000.

How big is villa S09/TH11?

1,763 sqft (163.8 sqm): a two-bedroom villa in The Springs 15, completed in 2004.

What is villa S09/TH11 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 S09/TH11, The Springs 15

Starts from the last sale price (AED 2.55M, 18 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

Plus AED 112,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →