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2-bed · 1,706 sqftThe Springs 2, The Springs · completed 2005

S02/TH09, The Springs 2

Sold prices and rental history: sold 6 times, last in February 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH09 · DLD and Ejari recordsUpdated 23 December 2023
Last soldAED 1.3M18 February 2020
Current rentAED 110K /yr23 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH09, The Springs 2

What is S02/TH09 worth today?

Last sold for AED 1,300,525 in 2020

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23 Dec 2023RentedRenewal
AED 110,000/yr12 months · AED 64 per sqft
5 Jul 2021RentedRenewal
AED 75,000/yr12 months · AED 44 per sqft
5 Jul 2020RentedNew contract
AED 75,000/yr12 months · AED 44 per sqft
18 Feb 2020SoldReady
AED 1,300,525AED 762 per sqft
26 Jan 2014SoldReady
AED 2,200,000AED 1,289 per sqft
13 Jan 2013RentedNew contract
AED 120,000/yr12 months · AED 70 per sqft
26 Sep 2012SoldReady
AED 1,075,000AED 630 per sqft
1 May 2011SoldReady
AED 1,075,000AED 630 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 December 2023.

Key facts

Type
2-bed villa
Size
1,706 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,600 /yr
Last sold
AED 1.3M · February 2020
Community
The Springs 2

About S02/TH09, The Springs 2

S02/TH09 is a two-bedroom villa of 1,706 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 18 February 2020 for AED 1,300,525, or AED 762 per sqft, 8% below the AED 831 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 23 December 2023, is AED 110,000 a year: a gross yield of 8.5% on the 2020 price, before the service charge of about AED 3,600 a year.

Sales and rents for S02/TH09 over time

Sales
Villa S02/TH09, 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, June 2010: AED 276,444 (AED 162 per sqft)Sold, November 2010: AED 950,000 (AED 556 per sqft)Sold, May 2011: AED 1,075,000 (AED 630 per sqft)Sold, September 2012: AED 1,075,000 (AED 630 per sqft)Sold, January 2014: AED 2,200,000 (AED 1,289 per sqft)Sold, February 2020: AED 1,300,525 (AED 762 per sqft)

S02/TH09 has sold 6 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH09, 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, January 2013: AED 120,000 a yearNew contract, July 2020: AED 75,000 a yearRenewal, July 2021: AED 75,000 a yearRenewal, December 2023: AED 110,000 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/TH09 sits

All 280 2-beds →

S02/TH09 last sold in February 2020 at AED 762 per sqft, 8% below what two-beds in The Springs 2 were fetching at the time (AED 831). 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/TH09's AED 110,000 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/TH09, The Springs 2 in numbers

  • Sold 6 times: first on 29 June 2010 for AED 276,444, last on 18 February 2020 for AED 1,300,525 (AED 762 per sqft).
  • Rented since January 2013 on 4 Ejari contracts. The rent fell from AED 120,000 to AED 75,000 in 2021 and recovered to AED 110,000 by December 2023.
  • At AED 110,000 a year the gross yield on the 2020 price is 8.5%, 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 23 December 2023.

Questions about S02/TH09, The Springs 2

What did villa S02/TH09 last sell for?

AED 1,300,525 on 18 February 2020: AED 762 per sqft for 1,706 sqft. The villa has 6 registered sales; the first was AED 276,444 in June 2010.

What is the rent for villa S02/TH09?

AED 110,000 a year on the contract renewed on 23 December 2023. The previous contract, from July 2021, was AED 75,000; the villa has been rented since January 2013.

How big is villa S02/TH09?

1,706 sqft (158.5 sqm): a two-bedroom villa in The Springs 2, completed in 2005.

What is villa S02/TH09 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/TH09, The Springs 2

Starts from the last sale price (AED 1.3M, 18 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,525
Deposit, UAE resident (20%)
AED 260,105
Deposit, non-resident (40%)
AED 520,210
Monthly over 25 years at 3.7%
AED 5,321

Plus AED 59,632 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →