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

S09/TH16, The Springs 15

Sold prices and rental history: sold twice, last in December 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH16 · DLD and Ejari recordsUpdated 14 April 2023
Last soldAED 1.3M13 December 2011
Current rentAED 155K /yr14 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH16, The Springs 15

What is S09/TH16 worth today?

Last sold for AED 1,300,000 in 2011

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14 Apr 2023RentedNew contract
AED 155,000/yr12 months · AED 94 per sqft
4 Jun 2020RentedNew contract
AED 80,000/yr12 months · AED 48 per sqft
1 Sep 2017RentedRenewal
AED 140,000/yr12 months · AED 85 per sqft
1 Sep 2016RentedNew contract
AED 140,000/yr12 months · AED 85 per sqft
25 Dec 2014RentedNew contract
AED 130,000/yr15 months · AED 78 per sqft
1 Apr 2014RentedNew contract
AED 185,000/yr12 months · AED 112 per sqft
26 Dec 2012RentedNew contract
AED 110,000/yr12 months · AED 66 per sqft
13 Dec 2011SoldReady
AED 1,300,000AED 784 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 April 2023.

Key facts

Type
2-bed villa
Size
1,656 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 1.3M · December 2011
Community
The Springs 15

About S09/TH16, The Springs 15

S09/TH16 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 13 December 2011 for AED 1,300,000, or AED 784 per sqft, 105% above the AED 382 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 14 April 2023, is AED 155,000 a year: a gross yield of 11.9% on the 2011 price, before the service charge of about AED 3,500 a year.

Sales and rents for S09/TH16 over time

Sales
Villa S09/TH16, 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, February 2010: AED 1,750,000 (AED 1,056 per sqft)Sold, December 2011: AED 1,300,000 (AED 784 per sqft)

S09/TH16 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S09/TH16, each contractTypical two-bed in The Springs 15
100K150K200K2012201620202024Typical 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, December 2012: AED 110,000 a yearNew contract, April 2014: AED 185,000 a yearNew contract, December 2014: AED 130,000 a yearNew contract, September 2016: AED 140,000 a yearRenewal, September 2017: AED 140,000 a yearNew contract, June 2020: AED 80,000 a yearNew contract, April 2023: AED 155,000 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/TH16 sits

All 50 2-beds →

S09/TH16 last sold in December 2011 at AED 784 per sqft, 105% above what two-beds in The Springs 15 were fetching at the time (AED 382). 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/TH16, The Springs 15 in numbers

  • Sold twice: first on 16 February 2010 for AED 1,750,000, last on 13 December 2011 for AED 1,300,000 (AED 784 per sqft).
  • Rented since December 2012 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 80,000 in 2020 and recovered to AED 155,000 by April 2023.
  • At AED 155,000 a year the gross yield on the 2011 price is 11.9%, 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 14 April 2023.

Questions about S09/TH16, The Springs 15

What did villa S09/TH16 last sell for?

AED 1,300,000 on 13 December 2011: AED 784 per sqft for 1,656 sqft. The villa has 2 registered sales; the first was AED 1,750,000 in February 2010.

What is the rent for villa S09/TH16?

AED 155,000 a year on the contract signed on 14 April 2023. The previous contract, from June 2020, was AED 80,000; the villa has been rented since December 2012.

How big is villa S09/TH16?

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

What is villa S09/TH16 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/TH16, The Springs 15

Starts from the last sale price (AED 1.3M, 13 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →