3-bed · 2,377 sqftThe Springs 2, The Springs · completed 2005

S01/TH11, The Springs 2

Sold prices and rental history: sold twice, last in May 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH11 · DLD and Ejari recordsUpdated 11 November 2020
Last soldAED 2.78M30 May 2017
Current rentAED 124K /yr11 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH11, The Springs 2

What is S01/TH11 worth today?

Last sold for AED 2,775,000 in 2017

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11 Nov 2020RentedRenewal
AED 124,000/yr24 months · AED 52 per sqft
11 Nov 2018RentedRenewal
AED 124,000/yr24 months · AED 52 per sqft
11 Nov 2017RentedNew contract
AED 150,000/yr12 months · AED 63 per sqft
30 May 2017SoldReady
AED 2,775,000AED 1,167 per sqft
26 Nov 2016RentedRenewal
AED 172,400/yr12 months · AED 73 per sqft
26 Nov 2014RentedNew contract
AED 169,000/yr12 months · AED 71 per sqft
20 Nov 2013Sold by developerReady
AED 698,888AED 294 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 November 2020.

Key facts

Type
3-bed villa
Size
2,377 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,100 /yr
Last sold
AED 2.78M · May 2017
Community
The Springs 2

About S01/TH11, The Springs 2

S01/TH11 is a three-bedroom villa of 2,377 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 30 May 2017 for AED 2,775,000, or AED 1,167 per sqft, in line with the AED 1,190 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 11 November 2020, is AED 124,000 a year: a gross yield of 4.5% on the 2017 price, before the service charge of about AED 5,100 a year.

Sales and rents for S01/TH11 over time

Sales
Villa S01/TH11, 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, November 2013: AED 698,888 (AED 294 per sqft)Sold, May 2017: AED 2,775,000 (AED 1,167 per sqft)

S01/TH11 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH11, 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, November 2014: AED 169,000 a yearRenewal, November 2016: AED 172,400 a yearNew contract, November 2017: AED 150,000 a yearRenewal, November 2018: AED 124,000 a yearRenewal, November 2020: AED 124,000 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/TH11 sits

All 191 3-beds →

S01/TH11 last sold in May 2017 at AED 1,167 per sqft, in line with what three-beds in The Springs 2 were fetching at the time (AED 1,190). S01/TH11's AED 124,000 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/TH11, The Springs 2 in numbers

  • Sold twice: first on 20 November 2013 for AED 698,888, last on 30 May 2017 for AED 2,775,000 (AED 1,167 per sqft).
  • Rented since November 2014 on 5 Ejari contracts, from AED 169,000 to AED 124,000 a year.
  • At AED 124,000 a year the gross yield on the 2017 price is 4.5%, before a service charge of about AED 5,100 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 11 November 2020.

Questions about S01/TH11, The Springs 2

What did villa S01/TH11 last sell for?

AED 2,775,000 on 30 May 2017: AED 1,167 per sqft for 2,377 sqft. The villa has 2 registered sales; the first was AED 698,888 in November 2013.

What is the rent for villa S01/TH11?

AED 124,000 a year on the contract renewed on 11 November 2020. The previous contract, from November 2018, was AED 124,000; the villa has been rented since November 2014.

How big is villa S01/TH11?

2,377 sqft (220.8 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S01/TH11 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/TH11, The Springs 2

Starts from the last sale price (AED 2.78M, 30 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,775,000
Deposit, UAE resident (20%)
AED 555,000
Deposit, non-resident (40%)
AED 1,110,000
Monthly over 25 years at 3.7%
AED 11,353

Plus AED 121,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →