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

S09/TH20, The Springs 15

Sold prices and rental history: sold once, by the developer in February 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH20 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 479K17 February 2009
Current rentAED 150K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH20, The Springs 15

What is S09/TH20 worth today?

Last sold for AED 478,888 in 2009

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15 Nov 2024RentedNew contract
AED 150,000/yr12 months · AED 91 per sqft
1 Oct 2023RentedRenewal
AED 90,000/yr12 months · AED 55 per sqft
1 Oct 2022RentedRenewal
AED 90,000/yr12 months · AED 55 per sqft
7 Jul 2020RentedNew contract
AED 70,000/yr12 months · AED 42 per sqft
15 Apr 2019RentedRenewal
AED 110,000/yr12 months · AED 67 per sqft
15 Apr 2018RentedNew contract
AED 115,000/yr12 months · AED 70 per sqft
27 Jun 2014RentedNew contract
AED 130,000/yr12 months · AED 79 per sqft
1 May 2014RentedNew contract
AED 140,000/yr12 months · AED 85 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2024.

Key facts

Type
2-bed villa
Size
1,649 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 479K · February 2009
Community
The Springs 15

About S09/TH20, The Springs 15

S09/TH20 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 17 February 2009 for AED 478,888, or AED 290 per sqft, 31% below the AED 423 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 15 November 2024, is AED 150,000 a year: a gross yield of 31.3% on the 2009 price, before the service charge of about AED 3,500 a year.

Sales and rents for S09/TH20 over time

Sales
Villa S09/TH20, 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 2009: AED 478,888 (AED 290 per sqft)

S09/TH20 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S09/TH20, 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 2014: AED 140,000 a yearNew contract, June 2014: AED 130,000 a yearNew contract, April 2018: AED 115,000 a yearRenewal, April 2019: AED 110,000 a yearNew contract, July 2020: AED 70,000 a yearRenewal, October 2022: AED 90,000 a yearRenewal, October 2023: AED 90,000 a yearNew contract, November 2024: AED 150,000 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/TH20 sits

All 50 2-beds →

S09/TH20 last sold in February 2009 at AED 290 per sqft, 31% below what two-beds in The Springs 15 were fetching at the time (AED 423). 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/TH20, The Springs 15 in numbers

  • Sold once: by Emaar on 17 February 2009 for AED 478,888, or AED 290 per sqft.
  • Rented since May 2014 on 8 Ejari contracts. The rent fell from AED 140,000 to AED 70,000 in 2020 and recovered to AED 150,000 by November 2024.
  • At AED 150,000 a year the gross yield on the 2009 price is 31.3%, 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 15 November 2024.

Questions about S09/TH20, The Springs 15

What did villa S09/TH20 last sell for?

AED 478,888 on 17 February 2009, sold by the developer: AED 290 per sqft for 1,649 sqft. It is the only registered sale of the villa.

What is the rent for villa S09/TH20?

AED 150,000 a year on the contract signed on 15 November 2024. The previous contract, from October 2023, was AED 90,000; the villa has been rented since May 2014.

How big is villa S09/TH20?

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

What is villa S09/TH20 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/TH20, The Springs 15

Starts from the last sale price (AED 479K, 17 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 478,888
Deposit, UAE resident (20%)
AED 95,778
Deposit, non-resident (40%)
AED 191,555
Monthly over 25 years at 3.7%
AED 1,959

Plus AED 23,024 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →