S02/TH63, The Springs 2
Sold prices and rental history: sold once, by the developer in August 2007, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for S02/TH63, The Springs 2
What is S02/TH63 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 6 January 2019.
Key facts
- Type
- 4-bed villa
- Size
- 2,747 sqft
- Developer
- Emaar
- Completed
- 2005
- Service charge
- AED 5,900 /yr
- Last sold
- AED 1.1M · August 2007
- Community
- The Springs 2
About S02/TH63, The Springs 2
S02/TH63 is a four-bedroom villa of 2,747 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 16 August 2007 for AED 1,100,888, or AED 400 per sqft, 29% below the AED 565 four-beds in the community were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 6 January 2019, is AED 182,000 a year: a gross yield of 16.5% on the 2007 price, before the service charge of about AED 5,900 a year.
Sales and rents for S02/TH63 over time
S02/TH63 has sold once; the dashed line is the four-bed median of each year in the community.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.
4-beds in The Springs 2, and where S02/TH63 sits
All 13 4-beds →S02/TH63 last sold in August 2007 at AED 400 per sqft, 29% below what four-beds in The Springs 2 were fetching at the time (AED 565).
| Recent 4-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jul 202423 July 2024 | 2,982 sqft | 6,300,000 | 2,112 | ||
| 28 Apr 202328 April 2023 | 2,982 sqft | 4,650,000 | 1,559 | ||
| 25 Apr 202325 April 2023 | 2,976 sqft | 4,975,000 | 1,671 | ||
| 12 Apr 202312 April 2023 | 2,982 sqft | 4,300,000 | 1,442 |
The Springs 2
Community484 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%
S02/TH63, The Springs 2 in numbers
- Sold once: by Emaar on 16 August 2007 for AED 1,100,888, or AED 400 per sqft.
- Rented since January 2014 on 6 Ejari contracts, from AED 210,000 to AED 182,000 a year.
- At AED 182,000 a year the gross yield on the 2007 price is 16.5%, before a service charge of about AED 5,900 a year (AED 2.13 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 6 January 2019.
Questions about S02/TH63, The Springs 2
What did villa S02/TH63 last sell for?
AED 1,100,888 on 16 August 2007, sold by the developer: AED 400 per sqft for 2,747 sqft. It is the only registered sale of the villa.
What is the rent for villa S02/TH63?
AED 182,000 a year on the contract renewed on 6 January 2019. The previous contract, from January 2018, was AED 182,000; the villa has been rented since January 2014.
How big is villa S02/TH63?
2,747 sqft (255.2 sqm): a four-bedroom villa in The Springs 2, completed in 2005.
What is villa S02/TH63 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on S02/TH63, The Springs 2
Starts from the last sale price (AED 1.1M, 16 August 2007). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,888
- Deposit, UAE resident (20%)
- AED 220,178
- Deposit, non-resident (40%)
- AED 440,355
- Monthly over 25 years at 3.7%
- AED 4,504
Plus AED 51,248 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →