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

S02/TH13, The Springs 2

Sold prices and rental history: sold once, by the developer in September 2007, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH13 · DLD and Ejari recordsUpdated 15 July 2023
Last soldAED 613K17 September 2007
Current rentAED 120K /yr15 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH13, The Springs 2

What is S02/TH13 worth today?

Last sold for AED 612,888 in 2007

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15 Jul 2023RentedRenewal
AED 120,000/yr12 months · AED 66 per sqft
15 Jul 2022RentedNew contract
AED 120,000/yr12 months · AED 66 per sqft
15 Feb 2022RentedRenewal
AED 95,000/yr12 months · AED 53 per sqft
15 Feb 2021RentedNew contract
AED 90,000/yr12 months · AED 50 per sqft
24 Dec 2018RentedNew contract
AED 105,000/yr12 months · AED 58 per sqft
1 Jan 2018RentedRenewal
AED 130,000/yr12 months · AED 72 per sqft
1 Jan 2017RentedRenewal
AED 150,000/yr12 months · AED 83 per sqft
1 Jan 2016RentedNew contract
AED 150,000/yr12 months · AED 83 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2023.

Key facts

Type
2-bed villa
Size
1,806 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,800 /yr
Last sold
AED 613K · September 2007
Community
The Springs 2

About S02/TH13, The Springs 2

S02/TH13 is a two-bedroom villa of 1,806 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 17 September 2007 for AED 612,888, or AED 339 per sqft, 4% below the AED 354 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 15 July 2023, is AED 120,000 a year: a gross yield of 19.6% on the 2007 price, before the service charge of about AED 3,800 a year.

Sales and rents for S02/TH13 over time

Sales
Villa S02/TH13, 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, September 2007: AED 612,888 (AED 339 per sqft)

S02/TH13 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH13, 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 2012: AED 97,000 a yearNew contract, September 2014: AED 130,000 a yearRenewal, September 2015: AED 145,000 a yearNew contract, January 2016: AED 150,000 a yearRenewal, January 2017: AED 150,000 a yearRenewal, January 2018: AED 130,000 a yearNew contract, December 2018: AED 105,000 a yearNew contract, February 2021: AED 90,000 a yearRenewal, February 2022: AED 95,000 a yearNew contract, July 2022: AED 120,000 a yearRenewal, July 2023: AED 120,000 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/TH13 sits

All 280 2-beds →

S02/TH13 last sold in September 2007 at AED 339 per sqft, 4% below what two-beds in The Springs 2 were fetching at the time (AED 354). 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/TH13's AED 120,000 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/TH13, The Springs 2 in numbers

  • Sold once: by Emaar on 17 September 2007 for AED 612,888, or AED 339 per sqft.
  • Rented since September 2012 on 11 Ejari contracts, from AED 97,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2007 price is 19.6%, 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 15 July 2023.

Questions about S02/TH13, The Springs 2

What did villa S02/TH13 last sell for?

AED 612,888 on 17 September 2007, sold by the developer: AED 339 per sqft for 1,806 sqft. It is the only registered sale of the villa.

What is the rent for villa S02/TH13?

AED 120,000 a year on the contract renewed on 15 July 2023. The previous contract, from July 2022, was AED 120,000; the villa has been rented since September 2012.

How big is villa S02/TH13?

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

What is villa S02/TH13 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/TH13, The Springs 2

Starts from the last sale price (AED 613K, 17 September 2007). Switch to today's estimate once you have unlocked it.
Price
AED 612,888
Deposit, UAE resident (20%)
AED 122,578
Deposit, non-resident (40%)
AED 245,155
Monthly over 25 years at 3.7%
AED 2,508

Plus AED 30,752 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →