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3-bed · 2,362 sqftThe Springs 2, The Springs · completed 2005

S01/TH04, The Springs 2

Sold prices and rental history: sold once, by the developer in August 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH04 · DLD and Ejari recordsUpdated 18 March 2024
Last soldAED 699K18 August 2008
Current rentAED 220K /yr18 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH04, The Springs 2

What is S01/TH04 worth today?

Last sold for AED 698,888 in 2008

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18 Mar 2024RentedNew contract
AED 220,000/yr12 months · AED 93 per sqft
10 Jan 2023RentedRenewal
AED 140,000/yr12 months · AED 59 per sqft
10 Jan 2022RentedRenewal
AED 140,000/yr12 months · AED 59 per sqft
10 Jan 2021RentedNew contract
AED 130,000/yr12 months · AED 55 per sqft
24 Jan 2020RentedRenewal
AED 185,000/yr12 months · AED 78 per sqft
24 Jan 2019RentedRenewal
AED 185,000/yr12 months · AED 78 per sqft
24 Jan 2018RentedNew contract
AED 190,000/yr12 months · AED 80 per sqft
3 Jun 2015RentedNew contract
AED 205,000/yr12 months · AED 87 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 March 2024.

Key facts

Type
3-bed villa
Size
2,362 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 699K · August 2008
Community
The Springs 2

About S01/TH04, The Springs 2

S01/TH04 is a three-bedroom villa of 2,362 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 18 August 2008 for AED 698,888, or AED 295 per sqft, 8% below the AED 319 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 18 March 2024, is AED 220,000 a year: a gross yield of 31.5% on the 2008 price, before the service charge of about AED 5,000 a year.

Sales and rents for S01/TH04 over time

Sales
Villa S01/TH04, each saleTypical three-bed in The Springs 2
02.5M5M2007201220172022Typical sale price by year: 2007 AED 734,888; 2008 AED 906,888; 2009 AED 1,545,000; 2010 AED 1,225,000; 2011 AED 1,240,000; 2012 AED 2,050,000; 2013 AED 2,570,000; 2014 AED 2,400,000; 2015 AED 2,750,000; 2016 AED 2,800,000; 2017 AED 2,375,000; 2018 AED 2,100,000; 2019 AED 2,050,000; 2020 AED 1,850,000; 2021 AED 2,600,000; 2022 AED 3,235,000; 2023 AED 3,500,000; 2024 AED 4,925,000; 2025 AED 5,350,000Sold by developer, August 2008: AED 698,888 (AED 295 per sqft)

S01/TH04 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH04, each contractTypical three-bed in The Springs 2
200K20112015201920232027Typical rent by year: 2011 AED 135,000; 2012 AED 147,500; 2013 AED 160,000; 2014 AED 179,250; 2015 AED 180,000; 2016 AED 181,000; 2017 AED 170,000; 2018 AED 159,500; 2019 AED 140,000; 2020 AED 130,000; 2021 AED 134,000; 2022 AED 150,000; 2023 AED 170,000; 2024 AED 200,000; 2025 AED 230,000; 2026 AED 245,000New contract, May 2013: AED 175,000 a yearRenewal, May 2014: AED 180,000 a yearNew contract, June 2015: AED 205,000 a yearNew contract, January 2018: AED 190,000 a yearRenewal, January 2019: AED 185,000 a yearRenewal, January 2020: AED 185,000 a yearNew contract, January 2021: AED 130,000 a yearRenewal, January 2022: AED 140,000 a yearRenewal, January 2023: AED 140,000 a yearNew contract, March 2024: AED 220,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in The Springs 2, and where S01/TH04 sits

All 191 3-beds →

S01/TH04 last sold in August 2008 at AED 295 per sqft, 8% below what three-beds in The Springs 2 were fetching at the time (AED 319). S01/TH04's AED 220,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
4 Nov 20255,850,000
28 Oct 20255,500,000
19 Sep 20255,750,000
22 Aug 20254,999,000
0 3-bed sales in the last 12 months

The Springs 2

Community

484 villas, 2-bed to 4-bed in The Springs, completed in 2005 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 2,005
Typical sale
AED 3.51M
Typical rent
AED 190K /yr
Typical yield
4.7%
The Springs 2, The Springs: prices, sales and rents →

S01/TH04, The Springs 2 in numbers

  • Sold once: by Emaar on 18 August 2008 for AED 698,888, or AED 295 per sqft.
  • Rented since May 2013 on 10 Ejari contracts. The rent fell from AED 175,000 to AED 130,000 in 2021 and recovered to AED 220,000 by March 2024.
  • At AED 220,000 a year the gross yield on the 2008 price is 31.5%, before a service charge of about AED 5,000 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 18 March 2024.

Questions about S01/TH04, The Springs 2

What did villa S01/TH04 last sell for?

AED 698,888 on 18 August 2008, sold by the developer: AED 295 per sqft for 2,362 sqft. It is the only registered sale of the villa.

What is the rent for villa S01/TH04?

AED 220,000 a year on the contract signed on 18 March 2024. The previous contract, from January 2023, was AED 140,000; the villa has been rented since May 2013.

How big is villa S01/TH04?

2,362 sqft (219.4 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S01/TH04 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on S01/TH04, The Springs 2

Starts from the last sale price (AED 699K, 18 August 2008). Switch to today's estimate once you have unlocked it.
Price
AED 698,888
Deposit, UAE resident (20%)
AED 139,778
Deposit, non-resident (40%)
AED 279,555
Monthly over 25 years at 3.7%
AED 2,859

Plus AED 34,364 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →