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

S02/TH19, The Springs 2

Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH19 · DLD and Ejari recordsUpdated 2 October 2024
Last soldAED 1.15M19 May 2011
Current rentAED 185K /yr2 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH19, The Springs 2

What is S02/TH19 worth today?

Last sold for AED 1,150,000 in 2011

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2 Oct 2024RentedNew contract
AED 185,000/yr12 months · AED 102 per sqft
15 Sep 2023RentedRenewal
AED 130,000/yr12 months · AED 72 per sqft
15 Sep 2022RentedRenewal
AED 130,000/yr12 months · AED 72 per sqft
25 Dec 2021RentedRenewal
AED 86,250/yr12 months · AED 48 per sqft
25 Dec 2020RentedNew contract
AED 75,000/yr12 months · AED 42 per sqft
25 Nov 2019RentedNew contract
AED 85,000/yr12 months · AED 47 per sqft
12 May 2019RentedRenewal
AED 105,000/yr12 months · AED 58 per sqft
12 May 2018RentedRenewal
AED 118,000/yr12 months · AED 65 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 October 2024.

Key facts

Type
2-bed villa
Size
1,806 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,800 /yr
Last sold
AED 1.15M · May 2011
Community
The Springs 2

About S02/TH19, The Springs 2

S02/TH19 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 19 May 2011 for AED 1,150,000, or AED 636 per sqft, in line with the AED 624 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 2 October 2024, is AED 185,000 a year: a gross yield of 16.1% on the 2011 price, before the service charge of about AED 3,800 a year.

Sales and rents for S02/TH19 over time

Sales
Villa S02/TH19, 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, July 2010: AED 612,888 (AED 339 per sqft)Sold, May 2011: AED 1,150,000 (AED 636 per sqft)

S02/TH19 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH19, each contractTypical two-bed in The Springs 2
100K150K200K20112015201920232027Typical 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, May 2013: AED 115,000 a yearNew contract, May 2014: AED 120,000 a yearNew contract, May 2015: AED 125,000 a yearRenewal, May 2016: AED 125,000 a yearRenewal, May 2018: AED 118,000 a yearRenewal, May 2019: AED 105,000 a yearNew contract, November 2019: AED 85,000 a yearNew contract, December 2020: AED 75,000 a yearRenewal, December 2021: AED 86,250 a yearRenewal, September 2022: AED 130,000 a yearRenewal, September 2023: AED 130,000 a yearNew contract, October 2024: AED 185,000 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/TH19 sits

All 280 2-beds →

S02/TH19 last sold in May 2011 at AED 636 per sqft, in line with what two-beds in The Springs 2 were fetching at the time (AED 624). 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/TH19's AED 185,000 is in the upper 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/TH19, The Springs 2 in numbers

  • Sold twice: first on 21 July 2010 for AED 612,888, last on 19 May 2011 for AED 1,150,000 (AED 636 per sqft).
  • Rented since May 2013 on 12 Ejari contracts. The rent fell from AED 115,000 to AED 75,000 in 2020 and recovered to AED 185,000 by October 2024.
  • At AED 185,000 a year the gross yield on the 2011 price is 16.1%, 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 2 October 2024.

Questions about S02/TH19, The Springs 2

What did villa S02/TH19 last sell for?

AED 1,150,000 on 19 May 2011: AED 636 per sqft for 1,806 sqft. The villa has 2 registered sales; the first was AED 612,888 in July 2010.

What is the rent for villa S02/TH19?

AED 185,000 a year on the contract signed on 2 October 2024. The previous contract, from September 2023, was AED 130,000; the villa has been rented since May 2013.

How big is villa S02/TH19?

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

What is villa S02/TH19 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/TH19, The Springs 2

Starts from the last sale price (AED 1.15M, 19 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →