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

S02/TH22, The Springs 2

Sold prices and rental history: sold 4 times, last in October 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH22 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 1.93M21 October 2022
Current rentAED 160K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH22, The Springs 2

What is S02/TH22 worth today?

Last sold for AED 1,930,000 in 2022

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1 Nov 2024RentedRenewal
AED 160,000/yr12 months · AED 94 per sqft
1 Nov 2023RentedRenewal
AED 155,000/yr12 months · AED 91 per sqft
1 Nov 2022RentedNew contract
AED 150,000/yr12 months · AED 89 per sqft
21 Oct 2022SoldReady
AED 1,930,000AED 1,139 per sqft
24 Dec 2021RentedNew contract
AED 129,651/yr12 months · AED 77 per sqft
11 Aug 2021SoldReady
AED 1,905,000AED 1,124 per sqft
1 Aug 2020RentedRenewal
AED 72,000/yr12 months · AED 42 per sqft
1 Aug 2019RentedRenewal
AED 80,000/yr12 months · AED 47 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.

Key facts

Type
2-bed villa
Size
1,694 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,600 /yr
Last sold
AED 1.93M · October 2022
Community
The Springs 2

About S02/TH22, The Springs 2

S02/TH22 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 21 October 2022 for AED 1,930,000, or AED 1,139 per sqft, in line with the AED 1,139 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 160,000 a year: a gross yield of 8.3% on the 2022 price, before the service charge of about AED 3,600 a year.

Sales and rents for S02/TH22 over time

Sales
Villa S02/TH22, 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, October 2010: AED 552,888 (AED 326 per sqft)Sold, June 2014: AED 2,150,000 (AED 1,268 per sqft)Sold, August 2021: AED 1,905,000 (AED 1,124 per sqft)Sold, October 2022: AED 1,930,000 (AED 1,139 per sqft)

S02/TH22 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH22, 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 100,010 a yearNew contract, November 2015: AED 100,000 a yearNew contract, August 2017: AED 110,000 a yearRenewal, August 2019: AED 80,000 a yearRenewal, August 2020: AED 72,000 a yearNew contract, December 2021: AED 129,651 a yearNew contract, November 2022: AED 150,000 a yearRenewal, November 2023: AED 155,000 a yearRenewal, November 2024: AED 160,000 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/TH22 sits

All 280 2-beds →

S02/TH22 last sold in October 2022 at AED 1,139 per sqft, in line with what two-beds in The Springs 2 were fetching at the time (AED 1,139). 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/TH22's AED 160,000 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/TH22, The Springs 2 in numbers

  • Sold 4 times: first on 11 October 2010 for AED 552,888, last on 21 October 2022 for AED 1,930,000 (AED 1,139 per sqft).
  • Rented since September 2012 on 9 Ejari contracts. The rent fell from AED 100,010 to AED 72,000 in 2020 and recovered to AED 160,000 by November 2024.
  • At AED 160,000 a year the gross yield on the 2022 price is 8.3%, 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 1 November 2024.

Questions about S02/TH22, The Springs 2

What did villa S02/TH22 last sell for?

AED 1,930,000 on 21 October 2022: AED 1,139 per sqft for 1,694 sqft. The villa has 4 registered sales; the first was AED 552,888 in October 2010.

What is the rent for villa S02/TH22?

AED 160,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 155,000; the villa has been rented since September 2012.

How big is villa S02/TH22?

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

What is villa S02/TH22 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/TH22, The Springs 2

Starts from the last sale price (AED 1.93M, 21 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,930,000
Deposit, UAE resident (20%)
AED 386,000
Deposit, non-resident (40%)
AED 772,000
Monthly over 25 years at 3.7%
AED 7,896

Plus AED 86,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →