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3-bed · 2,962 sqftThe Springs 2, The Springs · completed 2005

S01/TH20, The Springs 2

Sold prices and rental history: sold 3 times, last in July 2019, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH20 · DLD and Ejari recordsUpdated 31 July 2019
Last soldAED 2.88M31 July 2019
Current rentAED 215K /yr25 May 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH20, The Springs 2

What is S01/TH20 worth today?

Last sold for AED 2,875,000 in 2019

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31 Jul 2019SoldReady
AED 2,875,000AED 970 per sqft
25 May 2016RentedNew contract
AED 215,000/yr12 months · AED 73 per sqft
15 Aug 2015RentedNew contract
AED 230,000/yr12 months · AED 78 per sqft
6 Jul 2014RentedNew contract
AED 240,000/yr12 months · AED 81 per sqft
5 Nov 2012RentedNew contract
AED 220,000/yr12 months · AED 74 per sqft
1 Nov 2011RentedNew contract
AED 195,000/yr12 months · AED 66 per sqft
24 Mar 2008Sold by developerReady
AED 3,480,000AED 1,174 per sqft
24 Mar 2008SoldReady
AED 1,204,888AED 406 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 July 2019.

Key facts

Type
3-bed villa
Size
2,962 sqft
Developer
Emaar
Completed
2005
Service charge
AED 6,300 /yr
Last sold
AED 2.88M · July 2019
Community
The Springs 2

About S01/TH20, The Springs 2

S01/TH20 is a three-bedroom villa of 2,962 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 31 July 2019 for AED 2,875,000, or AED 970 per sqft, 10% above the AED 882 three-beds in the community were fetching at the time.

It has been rented continuously since 2011 on 5 Ejari contracts. The current contract, signed on 25 May 2016, is AED 215,000 a year: a gross yield of 7.5% on the 2019 price, before the service charge of about AED 6,300 a year.

Sales and rents for S01/TH20 over time

Sales
Villa S01/TH20, 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 3,480,000 (AED 1,174 per sqft)Sold, March 2008: AED 1,204,888 (AED 406 per sqft)Sold, July 2019: AED 2,875,000 (AED 970 per sqft)

S01/TH20 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH20, 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 2011: AED 195,000 a yearNew contract, November 2012: AED 220,000 a yearNew contract, July 2014: AED 240,000 a yearNew contract, August 2015: AED 230,000 a yearNew contract, May 2016: AED 215,000 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/TH20 sits

All 191 3-beds →

S01/TH20 last sold in July 2019 at AED 970 per sqft, 10% above what three-beds in The Springs 2 were fetching at the time (AED 882). S01/TH20's AED 215,000 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/TH20, The Springs 2 in numbers

  • Sold 3 times: first on 24 March 2008 for AED 1,204,888, last on 31 July 2019 for AED 2,875,000 (AED 970 per sqft).
  • Rented since November 2011 on 5 Ejari contracts, from AED 195,000 to AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2019 price is 7.5%, before a service charge of about AED 6,300 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 31 July 2019.

Questions about S01/TH20, The Springs 2

What did villa S01/TH20 last sell for?

AED 2,875,000 on 31 July 2019: AED 970 per sqft for 2,962 sqft. The villa has 3 registered sales; the first was AED 1,204,888 in March 2008.

What is the rent for villa S01/TH20?

AED 215,000 a year on the contract signed on 25 May 2016. The previous contract, from August 2015, was AED 230,000; the villa has been rented since November 2011.

How big is villa S01/TH20?

2,962 sqft (275.2 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S01/TH20 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/TH20, The Springs 2

Starts from the last sale price (AED 2.88M, 31 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,875,000
Deposit, UAE resident (20%)
AED 575,000
Deposit, non-resident (40%)
AED 1,150,000
Monthly over 25 years at 3.7%
AED 11,763

Plus AED 125,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →