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

S02/TH15, The Springs 2

Sold prices and rental history: sold twice, last in November 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH15 · DLD and Ejari recordsUpdated 22 February 2025
Last soldAED 950K14 November 2010
Current rentAED 130K /yr22 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH15, The Springs 2

What is S02/TH15 worth today?

Last sold for AED 950,000 in 2010

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22 Feb 2025RentedRenewal
AED 130,000/yr12 months · AED 76 per sqft
22 Feb 2024RentedRenewal
AED 117,000/yr12 months · AED 69 per sqft
22 Feb 2023RentedRenewal
AED 110,000/yr12 months · AED 64 per sqft
22 Feb 2022RentedRenewal
AED 90,000/yr12 months · AED 53 per sqft
22 Feb 2021RentedRenewal
AED 85,000/yr12 months · AED 50 per sqft
22 Feb 2019RentedNew contract
AED 91,000/yr12 months · AED 53 per sqft
18 Jan 2016RentedRenewal
AED 122,500/yr24 months · AED 72 per sqft
16 Jan 2015RentedNew contract
AED 113,861/yr12 months · AED 67 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 February 2025.

Key facts

Type
2-bed villa
Size
1,706 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,600 /yr
Last sold
AED 950K · November 2010
Community
The Springs 2

About S02/TH15, The Springs 2

S02/TH15 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 14 November 2010 for AED 950,000, or AED 556 per sqft, 11% above the AED 501 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 22 February 2025, is AED 130,000 a year: a gross yield of 13.7% on the 2010 price, before the service charge of about AED 3,600 a year.

Sales and rents for S02/TH15 over time

Sales
Villa S02/TH15, 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)

S02/TH15 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH15, 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 2012: AED 80,000 a yearNew contract, January 2013: AED 90,000 a yearNew contract, January 2014: AED 110,000 a yearNew contract, January 2015: AED 113,861 a yearRenewal, January 2016: AED 122,500 a yearNew contract, February 2019: AED 91,000 a yearRenewal, February 2021: AED 85,000 a yearRenewal, February 2022: AED 90,000 a yearRenewal, February 2023: AED 110,000 a yearRenewal, February 2024: AED 117,000 a yearRenewal, February 2025: AED 130,000 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/TH15 sits

All 280 2-beds →

S02/TH15 last sold in November 2010 at AED 556 per sqft, 11% above what two-beds in The Springs 2 were fetching at the time (AED 501). 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/TH15's AED 130,000 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/TH15, The Springs 2 in numbers

  • Sold twice: first on 29 June 2010 for AED 276,444, last on 14 November 2010 for AED 950,000 (AED 556 per sqft).
  • Rented since January 2012 on 11 Ejari contracts, from AED 80,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2010 price is 13.7%, 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 22 February 2025.

Questions about S02/TH15, The Springs 2

What did villa S02/TH15 last sell for?

AED 950,000 on 14 November 2010: AED 556 per sqft for 1,706 sqft. The villa has 2 registered sales; the first was AED 276,444 in June 2010.

What is the rent for villa S02/TH15?

AED 130,000 a year on the contract renewed on 22 February 2025. The previous contract, from February 2024, was AED 117,000; the villa has been rented since January 2012.

How big is villa S02/TH15?

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

What is villa S02/TH15 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/TH15, The Springs 2

Starts from the last sale price (AED 950K, 14 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →