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3-bed · 2,290 sqftThe Springs 2, The Springs · completed 2005

S03/TH18, The Springs 2

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH18 · DLD and Ejari recordsUpdated 14 March 2024
Last soldAED 4.35M14 March 2024
Current rentAED 200K /yr15 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH18, The Springs 2

What is S03/TH18 worth today?

Last sold for AED 4,350,000 in 2024

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14 Mar 2024SoldReady
AED 4,350,000AED 1,899 per sqft
15 Jun 2023RentedRenewal
AED 200,000/yr12 months · AED 87 per sqft
15 Jun 2022RentedNew contract
AED 195,000/yr12 months · AED 85 per sqft
1 Mar 2022RentedRenewal
AED 115,000/yr12 months · AED 50 per sqft
4 Mar 2021SoldReady
AED 1,900,000AED 829 per sqft
1 Mar 2021RentedNew contract
AED 115,000/yr12 months · AED 50 per sqft
29 Feb 2020RentedRenewal
AED 125,000/yr12 months · AED 55 per sqft
1 Mar 2019RentedRenewal
AED 130,375/yr12 months · AED 57 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 March 2024.

Key facts

Type
3-bed villa
Size
2,290 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,900 /yr
Last sold
AED 4.35M · March 2024
Community
The Springs 2

About S03/TH18, The Springs 2

S03/TH18 is a three-bedroom villa of 2,290 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 14 March 2024 for AED 4,350,000, or AED 1,899 per sqft, 13% above the AED 1,684 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 15 June 2023, is AED 200,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 4,900 a year.

Sales and rents for S03/TH18 over time

Sales
Villa S03/TH18, each saleTypical three-bed in The Springs 2
02.5M5M2007201220172022Typical sale price by year: 2007 AED 734,888; 2008 AED 906,888; 2009 AED 1,545,000; 2010 AED 1,225,000; 2011 AED 1,240,000; 2012 AED 2,050,000; 2013 AED 2,570,000; 2014 AED 2,400,000; 2015 AED 2,750,000; 2016 AED 2,800,000; 2017 AED 2,375,000; 2018 AED 2,100,000; 2019 AED 2,050,000; 2020 AED 1,850,000; 2021 AED 2,600,000; 2022 AED 3,235,000; 2023 AED 3,500,000; 2024 AED 4,925,000; 2025 AED 5,350,000Sold by developer, January 2008: AED 373,944 (AED 163 per sqft)Sold, March 2021: AED 1,900,000 (AED 829 per sqft)Sold, March 2024: AED 4,350,000 (AED 1,899 per sqft)

S03/TH18 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH18, each contractTypical three-bed in The Springs 2
100K200K20112015201920232027Typical rent by year: 2011 AED 135,000; 2012 AED 147,500; 2013 AED 160,000; 2014 AED 179,250; 2015 AED 180,000; 2016 AED 181,000; 2017 AED 170,000; 2018 AED 159,500; 2019 AED 140,000; 2020 AED 130,000; 2021 AED 134,000; 2022 AED 150,000; 2023 AED 170,000; 2024 AED 200,000; 2025 AED 230,000; 2026 AED 245,000New contract, March 2012: AED 120,000 a yearRenewal, March 2013: AED 126,000 a yearRenewal, March 2014: AED 138,600 a yearRenewal, March 2015: AED 152,460 a yearRenewal, February 2016: AED 160,000 a yearRenewal, March 2017: AED 155,000 a yearRenewal, March 2019: AED 130,375 a yearRenewal, February 2020: AED 125,000 a yearNew contract, March 2021: AED 115,000 a yearRenewal, March 2022: AED 115,000 a yearNew contract, June 2022: AED 195,000 a yearRenewal, June 2023: AED 200,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in The Springs 2, and where S03/TH18 sits

All 191 3-beds →

S03/TH18 last sold in March 2024 at AED 1,899 per sqft, 13% above what three-beds in The Springs 2 were fetching at the time (AED 1,684). S03/TH18's AED 200,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
4 Nov 20255,850,000
28 Oct 20255,500,000
19 Sep 20255,750,000
22 Aug 20254,999,000
0 3-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/TH18, The Springs 2 in numbers

  • Sold 3 times: first on 13 January 2008 for AED 373,944, last on 14 March 2024 for AED 4,350,000 (AED 1,899 per sqft).
  • Rented since March 2012 on 12 Ejari contracts, from AED 120,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 4,900 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 14 March 2024.

Questions about S03/TH18, The Springs 2

What did villa S03/TH18 last sell for?

AED 4,350,000 on 14 March 2024: AED 1,899 per sqft for 2,290 sqft. The villa has 3 registered sales; the first was AED 373,944 in January 2008.

What is the rent for villa S03/TH18?

AED 200,000 a year on the contract renewed on 15 June 2023. The previous contract, from June 2022, was AED 195,000; the villa has been rented since March 2012.

How big is villa S03/TH18?

2,290 sqft (212.7 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S03/TH18 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 S03/TH18, The Springs 2

Starts from the last sale price (AED 4.35M, 14 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,350,000
Deposit, UAE resident (20%)
AED 870,000
Deposit, non-resident (40%)
AED 1,740,000
Monthly over 25 years at 3.7%
AED 17,797

Plus AED 187,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →