Home
Dubai prices
About
Research
3-bed · 2,216 sqftThe Springs 2, The Springs · completed 2005

S01/TH08, The Springs 2

Sold prices and rental history: sold 6 times, last in February 2023, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH08 · DLD and Ejari recordsUpdated 21 February 2023
Last soldAED 3.5M21 February 2023
Current rentAED 140K /yr10 January 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH08, The Springs 2

What is S01/TH08 worth today?

Last sold for AED 3,500,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Feb 2023SoldReady
AED 3,500,000AED 1,579 per sqft
13 Apr 2017SoldReady
AED 3,150,000AED 1,421 per sqft
31 Aug 2014SoldReady
AED 3,200,000AED 1,444 per sqft
8 Jul 2013SoldReady
AED 2,570,000AED 1,159 per sqft
10 Jan 2013RentedRenewal
AED 140,000/yr12 months · AED 63 per sqft
10 Jan 2012RentedNew contract
AED 120,000/yr12 months · AED 54 per sqft
10 Mar 2008Sold by developerReady
AED 1,200,000AED 541 per sqft
10 Mar 2008SoldReady
AED 2,620,000AED 1,182 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 February 2023.

Key facts

Type
3-bed villa
Size
2,216 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,700 /yr
Last sold
AED 3.5M · February 2023
Community
The Springs 2

About S01/TH08, The Springs 2

S01/TH08 is a three-bedroom villa of 2,216 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 21 February 2023 for AED 3,500,000, or AED 1,579 per sqft, 13% above the AED 1,397 three-beds in the community were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, renewed on 10 January 2013, is AED 140,000 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 4,700 a year.

Sales and rents for S01/TH08 over time

Sales
Villa S01/TH08, 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, March 2008: AED 1,200,000 (AED 541 per sqft)Sold, March 2008: AED 2,620,000 (AED 1,182 per sqft)Sold, July 2013: AED 2,570,000 (AED 1,159 per sqft)Sold, August 2014: AED 3,200,000 (AED 1,444 per sqft)Sold, April 2017: AED 3,150,000 (AED 1,421 per sqft)Sold, February 2023: AED 3,500,000 (AED 1,579 per sqft)

S01/TH08 has sold 6 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH08, each contractTypical three-bed in The Springs 2
100K200K20112015201920232027Typical 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, January 2012: AED 120,000 a yearRenewal, January 2013: AED 140,000 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/TH08 sits

All 191 3-beds →

S01/TH08 last sold in February 2023 at AED 1,579 per sqft, 13% above what three-beds in The Springs 2 were fetching at the time (AED 1,397). S01/TH08's AED 140,000 is at the bottom 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/TH08, The Springs 2 in numbers

  • Sold 6 times: first on 10 March 2008 for AED 2,620,000, last on 21 February 2023 for AED 3,500,000 (AED 1,579 per sqft).
  • Rented since January 2012 on 2 Ejari contracts, from AED 120,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2023 price is 4.0%, before a service charge of about AED 4,700 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 21 February 2023.

Questions about S01/TH08, The Springs 2

What did villa S01/TH08 last sell for?

AED 3,500,000 on 21 February 2023: AED 1,579 per sqft for 2,216 sqft. The villa has 6 registered sales; the first was AED 2,620,000 in March 2008.

What is the rent for villa S01/TH08?

AED 140,000 a year on the contract renewed on 10 January 2013. The previous contract, from January 2012, was AED 120,000.

How big is villa S01/TH08?

2,216 sqft (205.9 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S01/TH08 worth today?

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

Selling S01/TH08? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on S01/TH08, The Springs 2

Starts from the last sale price (AED 3.5M, 21 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

Plus AED 152,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →