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

S02/TH37, The Springs 2

Sold prices and rental history: sold twice, last in March 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH37 · DLD and Ejari recordsUpdated 10 December 2024
Last soldAED 1.1M2 March 2011
Current rentAED 160K /yr10 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH37, The Springs 2

What is S02/TH37 worth today?

Last sold for AED 1,100,000 in 2011

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10 Dec 2024RentedRenewal
AED 160,000/yr6 months · AED 89 per sqft
10 Dec 2023RentedNew contract
AED 160,000/yr12 months · AED 89 per sqft
15 Nov 2022RentedNew contract
AED 140,000/yr12 months · AED 78 per sqft
30 Sep 2021RentedRenewal
AED 84,700/yr12 months · AED 47 per sqft
30 Sep 2020RentedNew contract
AED 77,000/yr12 months · AED 43 per sqft
1 Aug 2019RentedNew contract
AED 100,000/yr12 months · AED 55 per sqft
25 Apr 2018RentedRenewal
AED 130,000/yr12 months · AED 72 per sqft
25 Apr 2016RentedRenewal
AED 145,000/yr12 months · AED 80 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 December 2024.

Key facts

Type
2-bed villa
Size
1,806 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,800 /yr
Last sold
AED 1.1M · March 2011
Community
The Springs 2

About S02/TH37, The Springs 2

S02/TH37 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 2 March 2011 for AED 1,100,000, or AED 609 per sqft, 52% above the AED 400 two-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 10 December 2024, is AED 160,000 a year: a gross yield of 14.5% on the 2011 price, before the service charge of about AED 3,800 a year.

Sales and rents for S02/TH37 over time

Sales
Villa S02/TH37, 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, April 2008: AED 900,000 (AED 498 per sqft)Sold, March 2011: AED 1,100,000 (AED 609 per sqft)

S02/TH37 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH37, 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, April 2015: AED 145,000 a yearRenewal, April 2016: AED 145,000 a yearRenewal, April 2018: AED 130,000 a yearNew contract, August 2019: AED 100,000 a yearNew contract, September 2020: AED 77,000 a yearRenewal, September 2021: AED 84,700 a yearNew contract, November 2022: AED 140,000 a yearNew contract, December 2023: AED 160,000 a yearRenewal, December 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/TH37 sits

All 280 2-beds →

S02/TH37 last sold in March 2011 at AED 609 per sqft, 52% 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/TH37'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/TH37, The Springs 2 in numbers

  • Sold twice: first on 17 April 2008 for AED 900,000, last on 2 March 2011 for AED 1,100,000 (AED 609 per sqft).
  • Rented since April 2015 on 9 Ejari contracts. The rent fell from AED 145,000 to AED 77,000 in 2020 and recovered to AED 160,000 by December 2024.
  • At AED 160,000 a year the gross yield on the 2011 price is 14.5%, 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 10 December 2024.

Questions about S02/TH37, The Springs 2

What did villa S02/TH37 last sell for?

AED 1,100,000 on 2 March 2011: AED 609 per sqft for 1,806 sqft. The villa has 2 registered sales; the first was AED 900,000 in April 2008.

What is the rent for villa S02/TH37?

AED 160,000 a year on the contract renewed on 10 December 2024. The previous contract, from December 2023, was AED 160,000; the villa has been rented since April 2015.

How big is villa S02/TH37?

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

What is villa S02/TH37 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/TH37, The Springs 2

Starts from the last sale price (AED 1.1M, 2 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →