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2-bed · 1,806 sqftThe Springs 2, The Springs · completed 2005

S02/TH07, The Springs 2

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH07 · DLD and Ejari recordsUpdated 1 December 2022
Last soldAED 2.15M31 March 2022
Current rentAED 109K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH07, The Springs 2

What is S02/TH07 worth today?

Last sold for AED 2,150,000 in 2022

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1 Dec 2022RentedRenewal
AED 109,052/yr6 months · AED 60 per sqft
31 Mar 2022SoldReady
AED 2,150,000AED 1,190 per sqft
1 Dec 2021RentedNew contract
AED 110,000/yr12 months · AED 61 per sqft
15 Jul 2020RentedNew contract
AED 85,000/yr12 months · AED 47 per sqft
20 Mar 2018RentedNew contract
AED 120,000/yr12 months · AED 66 per sqft
23 Mar 2014RentedNew contract
AED 145,000/yr12 months · AED 80 per sqft
25 Dec 2007Sold by developerReady
AED 304,944AED 168 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2022.

Key facts

Type
2-bed villa
Size
1,806 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,800 /yr
Last sold
AED 2.15M · March 2022
Community
The Springs 2

About S02/TH07, The Springs 2

S02/TH07 is a two-bedroom villa of 1,806 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 31 March 2022 for AED 2,150,000, or AED 1,190 per sqft, 6% above the AED 1,124 two-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 1 December 2022, is AED 109,052 a year: a gross yield of 5.1% on the 2022 price, before the service charge of about AED 3,800 a year.

Sales and rents for S02/TH07 over time

Sales
Villa S02/TH07, each saleTypical two-bed in The Springs 2
02M4M2007201220172022Typical sale price by year: 2007 AED 602,694; 2008 AED 907,000; 2009 AED 1,200,000; 2010 AED 1,067,944; 2011 AED 1,180,000; 2012 AED 1,400,000; 2013 AED 2,000,000; 2014 AED 2,207,500; 2015 AED 1,925,000; 2016 AED 1,883,000; 2017 AED 2,175,000; 2018 AED 1,750,000; 2019 AED 1,535,000; 2020 AED 1,403,100; 2021 AED 1,905,000; 2022 AED 1,965,000; 2023 AED 2,350,000; 2024 AED 3,000,000; 2025 AED 3,500,000Sold by developer, December 2007: AED 304,944 (AED 168 per sqft)Sold, March 2022: AED 2,150,000 (AED 1,190 per sqft)

S02/TH07 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH07, each contractTypical two-bed in The Springs 2
100K150K20112015201920232027Typical rent by year: 2011 AED 95,000; 2012 AED 100,000; 2013 AED 117,000; 2014 AED 130,000; 2015 AED 140,000; 2016 AED 140,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 105,000; 2020 AED 90,000; 2021 AED 95,000; 2022 AED 110,000; 2023 AED 125,000; 2024 AED 155,000; 2025 AED 165,000; 2026 AED 160,000New contract, March 2014: AED 145,000 a yearNew contract, March 2018: AED 120,000 a yearNew contract, July 2020: AED 85,000 a yearNew contract, December 2021: AED 110,000 a yearRenewal, December 2022: AED 109,052 a year

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

2-beds in The Springs 2, and where S02/TH07 sits

All 280 2-beds →

S02/TH07 last sold in March 2022 at AED 1,190 per sqft, 6% above what two-beds in The Springs 2 were fetching at the time (AED 1,124). Over the last 12 months two-beds sold for AED 3,275,000 to 3,750,000, around AED 2,005 per sqft, and rent for AED 50,000 to 270,000 a year. S02/TH07's AED 109,052 is in the lower half of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
10 Feb 20263,275,000
22 Dec 20253,750,000
10 Nov 20253,300,000
7 Nov 20253,300,000
2 2-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 →

S02/TH07, The Springs 2 in numbers

  • Sold twice: first on 25 December 2007 for AED 304,944, last on 31 March 2022 for AED 2,150,000 (AED 1,190 per sqft).
  • Rented since March 2014 on 5 Ejari contracts. The rent fell from AED 145,000 to AED 85,000 in 2020 and recovered to AED 109,052 by December 2022.
  • At AED 109,052 a year the gross yield on the 2022 price is 5.1%, before a service charge of about AED 3,800 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 2 sold for AED 3,275,000–3,750,000 in the 12 months to November 2026; the community's median across all types is AED 2,005 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2022.

Questions about S02/TH07, The Springs 2

What did villa S02/TH07 last sell for?

AED 2,150,000 on 31 March 2022: AED 1,190 per sqft for 1,806 sqft. The villa has 2 registered sales; the first was AED 304,944 in December 2007.

What is the rent for villa S02/TH07?

AED 109,052 a year on the contract renewed on 1 December 2022. The previous contract, from December 2021, was AED 110,000; the villa has been rented since March 2014.

How big is villa S02/TH07?

1,806 sqft (167.8 sqm): a two-bedroom villa in The Springs 2, completed in 2005.

What is villa S02/TH07 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Springs 2 sold for AED 3,275,000 to 3,750,000 in the last 12 months, around AED 2,005 per sqft.

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Mortgage on S02/TH07, The Springs 2

Starts from the last sale price (AED 2.15M, 31 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

Plus AED 95,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →