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2-bed · 1,656 sqftThe Springs 15, The Springs · completed 2004

S09/TH12, The Springs 15

Sold prices and rental history: sold twice, last in February 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH12 · DLD and Ejari recordsUpdated 3 September 2023
Last soldAED 1.36M9 February 2021
Current rentAED 135K /yr3 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH12, The Springs 15

What is S09/TH12 worth today?

Last sold for AED 1,360,000 in 2021

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3 Sep 2023RentedNew contract
AED 135,000/yr12 months · AED 82 per sqft
15 May 2023RentedRenewal
AED 94,051/yr7 months · AED 57 per sqft
15 May 2022RentedRenewal
AED 93,500/yr12 months · AED 56 per sqft
15 May 2021RentedNew contract
AED 85,000/yr12 months · AED 51 per sqft
9 Feb 2021SoldReady
AED 1,360,000AED 821 per sqft
1 Jun 2017RentedNew contract
AED 125,000/yr12 months · AED 75 per sqft
15 Aug 2015RentedNew contract
AED 130,000/yr12 months · AED 78 per sqft
15 Aug 2014RentedNew contract
AED 130,000/yr12 months · AED 78 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 September 2023.

Key facts

Type
2-bed villa
Size
1,656 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 1.36M · February 2021
Community
The Springs 15

About S09/TH12, The Springs 15

S09/TH12 is a two-bedroom villa of 1,656 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 9 February 2021 for AED 1,360,000, or AED 821 per sqft, 7% above the AED 765 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 3 September 2023, is AED 135,000 a year: a gross yield of 9.9% on the 2021 price, before the service charge of about AED 3,500 a year.

Sales and rents for S09/TH12 over time

Sales
Villa S09/TH12, 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, November 2007: AED 478,888 (AED 289 per sqft)Sold, February 2021: AED 1,360,000 (AED 821 per sqft)

S09/TH12 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S09/TH12, 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, August 2014: AED 130,000 a yearNew contract, August 2015: AED 130,000 a yearNew contract, June 2017: AED 125,000 a yearNew contract, May 2021: AED 85,000 a yearRenewal, May 2022: AED 93,500 a yearRenewal, May 2023: AED 94,051 a yearNew contract, September 2023: AED 135,000 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/TH12 sits

All 50 2-beds →

S09/TH12 last sold in February 2021 at AED 821 per sqft, 7% above what two-beds in The Springs 15 were fetching at the time (AED 765). 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/TH12, The Springs 15 in numbers

  • Sold twice: first on 27 November 2007 for AED 478,888, last on 9 February 2021 for AED 1,360,000 (AED 821 per sqft).
  • Rented since August 2014 on 7 Ejari contracts. The rent fell from AED 130,000 to AED 85,000 in 2021 and recovered to AED 135,000 by September 2023.
  • At AED 135,000 a year the gross yield on the 2021 price is 9.9%, before a service charge of about AED 3,500 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 3 September 2023.

Questions about S09/TH12, The Springs 15

What did villa S09/TH12 last sell for?

AED 1,360,000 on 9 February 2021: AED 821 per sqft for 1,656 sqft. The villa has 2 registered sales; the first was AED 478,888 in November 2007.

What is the rent for villa S09/TH12?

AED 135,000 a year on the contract signed on 3 September 2023. The previous contract, from May 2023, was AED 94,051; the villa has been rented since August 2014.

How big is villa S09/TH12?

1,656 sqft (153.8 sqm): a two-bedroom villa in The Springs 15, completed in 2004.

What is villa S09/TH12 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/TH12, The Springs 15

Starts from the last sale price (AED 1.36M, 9 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,360,000
Deposit, UAE resident (20%)
AED 272,000
Deposit, non-resident (40%)
AED 544,000
Monthly over 25 years at 3.7%
AED 5,564

Plus AED 62,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →