Home
Dubai prices
About
Research
2-bed · 1,642 sqftThe Springs 2, The Springs · completed 2005

S03/TH05, The Springs 2

Sold prices and rental history: sold 3 times, last in December 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH05 · DLD and Ejari recordsUpdated 14 June 2022
Last soldAED 2.15M30 December 2014
Current rentAED 8K /yr14 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH05, The Springs 2

What is S03/TH05 worth today?

Last sold for AED 2,150,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Jun 2022RentedRenewal · flagged as an outlier
AED 8,333/yr36 months · AED 5 per sqft
14 Jun 2021RentedRenewal · flagged as an outlier
AED 30,000/yr12 months · AED 18 per sqft
14 Jun 2020RentedNew contract
AED 50,000/yr12 months · AED 30 per sqft
5 May 2018RentedNew contract
AED 118,000/yr12 months · AED 72 per sqft
1 May 2017RentedRenewal
AED 125,000/yr12 months · AED 76 per sqft
1 May 2016RentedNew contract
AED 125,000/yr12 months · AED 76 per sqft
17 May 2015RentedNew contract
AED 133,600/yr12 months · AED 81 per sqft
30 Dec 2014SoldReady
AED 2,150,000AED 1,309 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 June 2022.

Key facts

Type
2-bed villa
Size
1,642 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 2.15M · December 2014
Community
The Springs 2

About S03/TH05, The Springs 2

S03/TH05 is a two-bedroom villa of 1,642 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 30 December 2014 for AED 2,150,000, or AED 1,309 per sqft, in line with the AED 1,289 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 14 June 2022, is AED 8,333 a year: a gross yield of 0.4% on the 2014 price, before the service charge of about AED 3,500 a year.

Sales and rents for S03/TH05 over time

Sales
Villa S03/TH05, 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, May 2008: AED 867,000 (AED 527 per sqft)Sold, October 2009: AED 1,450,000 (AED 882 per sqft)Sold, December 2014: AED 2,150,000 (AED 1,309 per sqft)

S03/TH05 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S03/TH05, each contractTypical two-bed in The Springs 2
100K20112015201920232027Typical 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 2014: AED 125,000 a yearNew contract, May 2015: AED 133,600 a yearNew contract, May 2016: AED 125,000 a yearRenewal, May 2017: AED 125,000 a yearNew contract, May 2018: AED 118,000 a yearNew contract, June 2020: AED 50,000 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 S03/TH05 sits

All 280 2-beds →

S03/TH05 last sold in December 2014 at AED 1,309 per sqft, in line with what two-beds in The Springs 2 were fetching at the time (AED 1,289). 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. S03/TH05's AED 8,333 is at the bottom 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 →

S03/TH05, The Springs 2 in numbers

  • Sold 3 times: first on 12 May 2008 for AED 867,000, last on 30 December 2014 for AED 2,150,000 (AED 1,309 per sqft).
  • Rented since May 2014 on 8 Ejari contracts, from AED 125,000 to AED 8,333 a year.
  • At AED 8,333 a year the gross yield on the 2014 price is 0.4%, before a service charge of about AED 3,500 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 14 June 2022.

Questions about S03/TH05, The Springs 2

What did villa S03/TH05 last sell for?

AED 2,150,000 on 30 December 2014: AED 1,309 per sqft for 1,642 sqft. The villa has 3 registered sales; the first was AED 867,000 in May 2008.

What is the rent for villa S03/TH05?

AED 8,333 a year on the contract renewed on 14 June 2022. The previous contract, from June 2021, was AED 30,000; the villa has been rented since May 2014.

How big is villa S03/TH05?

1,642 sqft (152.5 sqm): a two-bedroom villa in The Springs 2, completed in 2005.

What is villa S03/TH05 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.

Selling S03/TH05? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on S03/TH05, The Springs 2

Starts from the last sale price (AED 2.15M, 30 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

Plus AED 95,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →