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2-bed · 1,649 sqftThe Springs 15, The Springs · completed 2004

S09/TH17, The Springs 15

Sold prices and rental history: sold once, by the developer in January 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH17 · DLD and Ejari recordsUpdated 18 October 2020
Last soldAED 885K14 January 2014
Current rentAED 80K /yr18 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH17, The Springs 15

What is S09/TH17 worth today?

Last sold for AED 885,000 in 2014

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18 Oct 2020RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft
31 Mar 2019RentedNew contract
AED 95,000/yr12 months · AED 58 per sqft
1 Mar 2018RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
15 May 2017RentedNew contract
AED 125,000/yr12 months · AED 76 per sqft
14 Jun 2014RentedNew contract
AED 135,000/yr12 months · AED 82 per sqft
14 Jan 2014Sold by developerReady
AED 885,000AED 536 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 October 2020.

Key facts

Type
2-bed villa
Size
1,649 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 885K · January 2014
Community
The Springs 15

About S09/TH17, The Springs 15

S09/TH17 is a two-bedroom villa of 1,649 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 14 January 2014 for AED 885,000, or AED 536 per sqft, 50% below the AED 1,066 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 18 October 2020, is AED 80,000 a year: a gross yield of 9.0% on the 2014 price, before the service charge of about AED 3,500 a year.

Sales and rents for S09/TH17 over time

Sales
Villa S09/TH17, 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, January 2014: AED 885,000 (AED 536 per sqft)

S09/TH17 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S09/TH17, 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, June 2014: AED 135,000 a yearNew contract, May 2017: AED 125,000 a yearNew contract, March 2018: AED 120,000 a yearNew contract, March 2019: AED 95,000 a yearNew contract, October 2020: AED 80,000 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/TH17 sits

All 50 2-beds →

S09/TH17 last sold in January 2014 at AED 536 per sqft, 50% below what two-beds in The Springs 15 were fetching at the time (AED 1,066). 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/TH17, The Springs 15 in numbers

  • Sold once: by Emaar on 14 January 2014 for AED 885,000, or AED 536 per sqft.
  • Rented since June 2014 on 5 Ejari contracts, from AED 135,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2014 price is 9.0%, 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 18 October 2020.

Questions about S09/TH17, The Springs 15

What did villa S09/TH17 last sell for?

AED 885,000 on 14 January 2014, sold by the developer: AED 536 per sqft for 1,649 sqft. It is the only registered sale of the villa.

What is the rent for villa S09/TH17?

AED 80,000 a year on the contract signed on 18 October 2020. The previous contract, from March 2019, was AED 95,000; the villa has been rented since June 2014.

How big is villa S09/TH17?

1,649 sqft (153.2 sqm): a two-bedroom villa in The Springs 15, completed in 2004.

What is villa S09/TH17 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/TH17, The Springs 15

Starts from the last sale price (AED 885K, 14 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 885,000
Deposit, UAE resident (20%)
AED 177,000
Deposit, non-resident (40%)
AED 354,000
Monthly over 25 years at 3.7%
AED 3,621

Plus AED 42,180 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →