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3-bed · 2,365 sqftThe Springs 2, The Springs · completed 2005

S01/TH12, The Springs 2

Sold prices and rental history: sold once, by the developer in November 2007, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH12 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 735K12 November 2007
Current rentAED 180K /yr15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH12, The Springs 2

What is S01/TH12 worth today?

Last sold for AED 734,888 in 2007

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15 May 2024RentedRenewal
AED 180,000/yr12 months · AED 76 per sqft
15 May 2023RentedRenewal
AED 150,000/yr12 months · AED 63 per sqft
15 May 2022RentedNew contract
AED 150,000/yr12 months · AED 63 per sqft
4 Sep 2021RentedRenewal
AED 110,000/yr12 months · AED 47 per sqft
4 Sep 2020RentedNew contract
AED 110,000/yr12 months · AED 47 per sqft
10 Aug 2019RentedNew contract
AED 130,000/yr12 months · AED 55 per sqft
6 Aug 2018RentedRenewal
AED 155,000/yr12 months · AED 66 per sqft
6 Aug 2017RentedRenewal
AED 160,000/yr12 months · AED 68 per sqft

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

Key facts

Type
3-bed villa
Size
2,365 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 735K · November 2007
Community
The Springs 2

About S01/TH12, The Springs 2

S01/TH12 is a three-bedroom villa of 2,365 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 12 November 2007 for AED 734,888, or AED 310 per sqft, in line with the AED 310 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 15 May 2024, is AED 180,000 a year: a gross yield of 24.5% on the 2007 price, before the service charge of about AED 5,000 a year.

Sales and rents for S01/TH12 over time

Sales
Villa S01/TH12, 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 2007: AED 734,888 (AED 310 per sqft)

S01/TH12 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH12, 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, August 2015: AED 175,000 a yearRenewal, August 2016: AED 175,000 a yearRenewal, August 2017: AED 160,000 a yearRenewal, August 2018: AED 155,000 a yearNew contract, August 2019: AED 130,000 a yearNew contract, September 2020: AED 110,000 a yearRenewal, September 2021: AED 110,000 a yearNew contract, May 2022: AED 150,000 a yearRenewal, May 2023: AED 150,000 a yearRenewal, May 2024: AED 180,000 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/TH12 sits

All 191 3-beds →

S01/TH12 last sold in November 2007 at AED 310 per sqft, in line with what three-beds in The Springs 2 were fetching at the time (AED 310). S01/TH12's AED 180,000 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/TH12, The Springs 2 in numbers

  • Sold once: by Emaar on 12 November 2007 for AED 734,888, or AED 310 per sqft.
  • Rented since August 2015 on 10 Ejari contracts. The rent fell from AED 175,000 to AED 110,000 in 2021 and recovered to AED 180,000 by May 2024.
  • At AED 180,000 a year the gross yield on the 2007 price is 24.5%, 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 15 May 2024.

Questions about S01/TH12, The Springs 2

What did villa S01/TH12 last sell for?

AED 734,888 on 12 November 2007, sold by the developer: AED 310 per sqft for 2,365 sqft. It is the only registered sale of the villa.

What is the rent for villa S01/TH12?

AED 180,000 a year on the contract renewed on 15 May 2024. The previous contract, from May 2023, was AED 150,000; the villa has been rented since August 2015.

How big is villa S01/TH12?

2,365 sqft (219.7 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S01/TH12 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/TH12, The Springs 2

Starts from the last sale price (AED 735K, 12 November 2007). Switch to today's estimate once you have unlocked it.
Price
AED 734,888
Deposit, UAE resident (20%)
AED 146,978
Deposit, non-resident (40%)
AED 293,955
Monthly over 25 years at 3.7%
AED 3,007

Plus AED 35,876 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →