2-bed · 1,641 sqftThe Springs 2, The Springs · completed 2005

S03/TH11, The Springs 2

Sold prices and rental history: sold 3 times, last in October 2016, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH11 · DLD and Ejari recordsUpdated 28 December 2024
Last soldAED 1.76M27 October 2016
Current rentAED 119K /yr28 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH11, The Springs 2

What is S03/TH11 worth today?

Last sold for AED 1,760,000 in 2016

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28 Dec 2024RentedRenewal
AED 119,180/yr12 months · AED 73 per sqft
28 Dec 2023RentedRenewal
AED 103,635/yr12 months · AED 63 per sqft
28 Dec 2022RentedRenewal
AED 98,700/yr12 months · AED 60 per sqft
28 Dec 2021RentedRenewal
AED 94,000/yr12 months · AED 57 per sqft
28 Jun 2018RentedRenewal
AED 135,000/yr12 months · AED 82 per sqft
28 Jun 2017RentedNew contract
AED 135,000/yr12 months · AED 82 per sqft
27 Oct 2016SoldReady
AED 1,760,000AED 1,072 per sqft
28 Jun 2016RentedNew contract
AED 135,000/yr12 months · AED 82 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 December 2024.

Key facts

Type
2-bed villa
Size
1,641 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 1.76M · October 2016
Community
The Springs 2

About S03/TH11, The Springs 2

S03/TH11 is a two-bedroom villa of 1,641 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 27 October 2016 for AED 1,760,000, or AED 1,072 per sqft, in line with the AED 1,072 two-beds in the community were fetching at the time.

It has been rented continuously since 2011 on 11 Ejari contracts. The current contract, renewed on 28 December 2024, is AED 119,180 a year: a gross yield of 6.8% on the 2016 price, before the service charge of about AED 3,500 a year.

Sales and rents for S03/TH11 over time

Sales
Villa S03/TH11, 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, November 2008: AED 1,800,000 (AED 1,096 per sqft)Sold, March 2014: AED 2,250,000 (AED 1,371 per sqft)Sold, October 2016: AED 1,760,000 (AED 1,072 per sqft)

S03/TH11 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S03/TH11, 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, September 2011: AED 45,000 a yearNew contract, October 2013: AED 130,000 a yearNew contract, October 2014: AED 130,000 a yearRenewal, October 2015: AED 86,904 a yearNew contract, June 2016: AED 135,000 a yearNew contract, June 2017: AED 135,000 a yearRenewal, June 2018: AED 135,000 a yearRenewal, December 2021: AED 94,000 a yearRenewal, December 2022: AED 98,700 a yearRenewal, December 2023: AED 103,635 a yearRenewal, December 2024: AED 119,180 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/TH11 sits

All 280 2-beds →

S03/TH11 last sold in October 2016 at AED 1,072 per sqft, in line with what two-beds in The Springs 2 were fetching at the time (AED 1,072). 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/TH11's AED 119,180 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/TH11, The Springs 2 in numbers

  • Sold 3 times: first on 9 November 2008 for AED 1,800,000, last on 27 October 2016 for AED 1,760,000 (AED 1,072 per sqft).
  • Rented since September 2011 on 11 Ejari contracts, from AED 45,000 to AED 119,180 a year.
  • At AED 119,180 a year the gross yield on the 2016 price is 6.8%, 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 28 December 2024.

Questions about S03/TH11, The Springs 2

What did villa S03/TH11 last sell for?

AED 1,760,000 on 27 October 2016: AED 1,072 per sqft for 1,641 sqft. The villa has 3 registered sales; the first was AED 1,800,000 in November 2008.

What is the rent for villa S03/TH11?

AED 119,180 a year on the contract renewed on 28 December 2024. The previous contract, from December 2023, was AED 103,635; the villa has been rented since September 2011.

How big is villa S03/TH11?

1,641 sqft (152.5 sqm): a two-bedroom villa in The Springs 2, completed in 2005.

What is villa S03/TH11 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/TH11, The Springs 2

Starts from the last sale price (AED 1.76M, 27 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,760,000
Deposit, UAE resident (20%)
AED 352,000
Deposit, non-resident (40%)
AED 704,000
Monthly over 25 years at 3.7%
AED 7,201

Plus AED 78,930 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →