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

S02/TH27, The Springs 2

Sold prices and rental history: sold once, by the developer in October 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH27 · DLD and Ejari recordsUpdated 19 October 2024
Last soldAED 907K19 October 2008
Current rentAED 195K /yr19 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH27, The Springs 2

What is S02/TH27 worth today?

Last sold for AED 907,000 in 2008

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19 Oct 2024RentedNew contract
AED 195,000/yr12 months · AED 114 per sqft
12 Dec 2022RentedRenewal
AED 93,500/yr12 months · AED 55 per sqft
12 Dec 2020RentedRenewal
AED 80,000/yr12 months · AED 47 per sqft
12 Dec 2019RentedNew contract
AED 93,000/yr12 months · AED 55 per sqft
14 Dec 2018RentedRenewal
AED 110,000/yr12 months · AED 64 per sqft
13 Oct 2016RentedRenewal
AED 137,500/yr12 months · AED 81 per sqft
13 Oct 2015RentedNew contract
AED 137,500/yr12 months · AED 81 per sqft
1 Apr 2015RentedNew contract
AED 150,000/yr12 months · AED 88 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 October 2024.

Key facts

Type
2-bed villa
Size
1,706 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,600 /yr
Last sold
AED 907K · October 2008
Community
The Springs 2

About S02/TH27, The Springs 2

S02/TH27 is a two-bedroom villa of 1,706 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 19 October 2008 for AED 907,000, or AED 531 per sqft, 33% above the AED 400 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 19 October 2024, is AED 195,000 a year: a gross yield of 21.5% on the 2008 price, before the service charge of about AED 3,600 a year.

Sales and rents for S02/TH27 over time

Sales
Villa S02/TH27, 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 2008: AED 907,000 (AED 531 per sqft)

S02/TH27 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH27, each contractTypical two-bed in The Springs 2
100K200K20112015201920232027Typical 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, March 2013: AED 92,000 a yearNew contract, April 2014: AED 75,000 a yearNew contract, April 2015: AED 150,000 a yearNew contract, October 2015: AED 137,500 a yearRenewal, October 2016: AED 137,500 a yearRenewal, December 2018: AED 110,000 a yearNew contract, December 2019: AED 93,000 a yearRenewal, December 2020: AED 80,000 a yearRenewal, December 2022: AED 93,500 a yearNew contract, October 2024: AED 195,000 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/TH27 sits

All 280 2-beds →

S02/TH27 last sold in October 2008 at AED 531 per sqft, 33% above what two-beds in The Springs 2 were fetching at the time (AED 400). 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/TH27's AED 195,000 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/TH27, The Springs 2 in numbers

  • Sold once: by Emaar on 19 October 2008 for AED 907,000, or AED 531 per sqft.
  • Rented since March 2013 on 10 Ejari contracts. The rent fell from AED 92,000 to AED 75,000 in 2014 and recovered to AED 195,000 by October 2024.
  • At AED 195,000 a year the gross yield on the 2008 price is 21.5%, 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 19 October 2024.

Questions about S02/TH27, The Springs 2

What did villa S02/TH27 last sell for?

AED 907,000 on 19 October 2008, sold by the developer: AED 531 per sqft for 1,706 sqft. It is the only registered sale of the villa.

What is the rent for villa S02/TH27?

AED 195,000 a year on the contract signed on 19 October 2024. The previous contract, from December 2022, was AED 93,500; the villa has been rented since March 2013.

How big is villa S02/TH27?

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

What is villa S02/TH27 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/TH27, The Springs 2

Starts from the last sale price (AED 907K, 19 October 2008). Switch to today's estimate once you have unlocked it.
Price
AED 907,000
Deposit, UAE resident (20%)
AED 181,400
Deposit, non-resident (40%)
AED 362,800
Monthly over 25 years at 3.7%
AED 3,711

Plus AED 43,104 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →