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2-bed · 1,764 sqftThe Springs 2, The Springs · completed 2005

S03/TH08, The Springs 2

Sold prices and rental history: sold twice, last in June 2011, and rented once, from August 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH08 · DLD and Ejari recordsUpdated 24 August 2012
Last soldAED 1.3M12 June 2011
Current rentAED 90K /yr24 August 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH08, The Springs 2

What is S03/TH08 worth today?

Last sold for AED 1,300,000 in 2011

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24 Aug 2012RentedNew contract
AED 90,000/yr7 months · AED 51 per sqft
12 Jun 2011SoldReady
AED 1,300,000AED 737 per sqft
22 Jul 2010Sold by developerReady
AED 850,000AED 481 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 August 2012.

Key facts

Type
2-bed villa
Size
1,764 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,800 /yr
Last sold
AED 1.3M · June 2011
Community
The Springs 2

About S03/TH08, The Springs 2

S03/TH08 is a two-bedroom villa of 1,764 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 12 June 2011 for AED 1,300,000, or AED 737 per sqft, 16% above the AED 633 two-beds in the community were fetching at the time.

One Ejari contract is registered, from 24 August 2012. The current contract, signed on 24 August 2012, is AED 90,000 a year: a gross yield of 6.9% on the 2011 price, before the service charge of about AED 3,800 a year.

Sales and rents for S03/TH08 over time

Sales
Villa S03/TH08, 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, July 2010: AED 850,000 (AED 481 per sqft)Sold, June 2011: AED 1,300,000 (AED 737 per sqft)

S03/TH08 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S03/TH08, 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, August 2012: AED 90,000 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/TH08 sits

All 280 2-beds →

S03/TH08 last sold in June 2011 at AED 737 per sqft, 16% above what two-beds in The Springs 2 were fetching at the time (AED 633). 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/TH08's AED 90,000 is in the lower 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 →

S03/TH08, The Springs 2 in numbers

  • Sold twice: first on 22 July 2010 for AED 850,000, last on 12 June 2011 for AED 1,300,000 (AED 737 per sqft).
  • Rented since August 2012 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2011 price is 6.9%, 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 24 August 2012.

Questions about S03/TH08, The Springs 2

What did villa S03/TH08 last sell for?

AED 1,300,000 on 12 June 2011: AED 737 per sqft for 1,764 sqft. The villa has 2 registered sales; the first was AED 850,000 in July 2010.

What is the rent for villa S03/TH08?

AED 90,000 a year on the contract signed on 24 August 2012.

How big is villa S03/TH08?

1,764 sqft (163.9 sqm): a two-bedroom villa in The Springs 2, completed in 2005.

What is villa S03/TH08 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 S03/TH08, The Springs 2

Starts from the last sale price (AED 1.3M, 12 June 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →