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2-bed · 1,694 sqftThe Springs 2, The Springs · completed 2005

S02/TH08, The Springs 2

Sold prices and rental history: sold 3 times, last in August 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH08 · DLD and Ejari recordsUpdated 20 September 2023
Last soldAED 1.85M9 August 2021
Current rentAED 120K /yr20 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH08, The Springs 2

What is S02/TH08 worth today?

Last sold for AED 1,850,000 in 2021

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20 Sep 2023RentedNew contract
AED 120,022/yr10 months · AED 71 per sqft
19 Sep 2022RentedNew contract
AED 120,000/yr12 months · AED 71 per sqft
10 Sep 2021RentedNew contract
AED 120,000/yr12 months · AED 71 per sqft
9 Aug 2021SoldReady
AED 1,850,000AED 1,091 per sqft
21 Apr 2019SoldReady
AED 1,400,000AED 826 per sqft
10 Jan 2016Sold by developerReady
AED 1,800,000AED 1,062 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 September 2023.

Key facts

Type
2-bed villa
Size
1,694 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,600 /yr
Last sold
AED 1.85M · August 2021
Community
The Springs 2

About S02/TH08, The Springs 2

S02/TH08 is a two-bedroom villa of 1,694 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 9 August 2021 for AED 1,850,000, or AED 1,091 per sqft, 20% above the AED 911 two-beds in the community were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 20 September 2023, is AED 120,022 a year: a gross yield of 6.5% on the 2021 price, before the service charge of about AED 3,600 a year.

Sales and rents for S02/TH08 over time

Sales
Villa S02/TH08, each saleTypical two-bed in The Springs 2
2M4M2007201220172022Typical 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, January 2016: AED 1,800,000 (AED 1,062 per sqft)Sold, April 2019: AED 1,400,000 (AED 826 per sqft)Sold, August 2021: AED 1,850,000 (AED 1,091 per sqft)

S02/TH08 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH08, 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, September 2021: AED 120,000 a yearNew contract, September 2022: AED 120,000 a yearNew contract, September 2023: AED 120,022 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/TH08 sits

All 280 2-beds →

S02/TH08 last sold in August 2021 at AED 1,091 per sqft, 20% above what two-beds in The Springs 2 were fetching at the time (AED 911). 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/TH08's AED 120,022 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/TH08, The Springs 2 in numbers

  • Sold 3 times: first on 10 January 2016 for AED 1,800,000, last on 9 August 2021 for AED 1,850,000 (AED 1,091 per sqft).
  • Rented since September 2021 on 3 Ejari contracts, from AED 120,000 to AED 120,022 a year.
  • At AED 120,022 a year the gross yield on the 2021 price is 6.5%, before a service charge of about AED 3,600 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 20 September 2023.

Questions about S02/TH08, The Springs 2

What did villa S02/TH08 last sell for?

AED 1,850,000 on 9 August 2021: AED 1,091 per sqft for 1,694 sqft. The villa has 3 registered sales; the first was AED 1,800,000 in January 2016.

What is the rent for villa S02/TH08?

AED 120,022 a year on the contract signed on 20 September 2023. The previous contract, from September 2022, was AED 120,000; the villa has been rented since September 2021.

How big is villa S02/TH08?

1,694 sqft (157.4 sqm): a two-bedroom villa in The Springs 2, completed in 2005.

What is villa S02/TH08 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/TH08, The Springs 2

Starts from the last sale price (AED 1.85M, 9 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

Plus AED 82,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →