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3-bed · 2,377 sqftThe Springs 2, The Springs · completed 2005

S03/TH21, The Springs 2

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH21 · DLD and Ejari recordsUpdated 8 June 2023
Last soldAED 3.4M8 June 2023
Current rentAED 127K /yr5 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH21, The Springs 2

What is S03/TH21 worth today?

Last sold for AED 3,400,000 in 2023

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8 Jun 2023SoldReady
AED 3,400,000AED 1,430 per sqft
5 Sep 2022RentedRenewal
AED 126,788/yr12 months · AED 53 per sqft
5 Sep 2021RentedRenewal
AED 120,750/yr12 months · AED 51 per sqft
5 Sep 2020RentedNew contract
AED 115,000/yr12 months · AED 48 per sqft
15 Sep 2018RentedNew contract
AED 145,000/yr12 months · AED 61 per sqft
1 Jun 2018RentedRenewal
AED 160,000/yr12 months · AED 67 per sqft
1 Jun 2017RentedNew contract
AED 170,000/yr12 months · AED 72 per sqft
11 Sep 2007Sold by developerReady
AED 349,444AED 147 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 June 2023.

Key facts

Type
3-bed villa
Size
2,377 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,100 /yr
Last sold
AED 3.4M · June 2023
Community
The Springs 2

About S03/TH21, The Springs 2

S03/TH21 is a three-bedroom villa of 2,377 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 8 June 2023 for AED 3,400,000, or AED 1,430 per sqft, in line with the AED 1,414 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 5 September 2022, is AED 126,788 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 5,100 a year.

Sales and rents for S03/TH21 over time

Sales
Villa S03/TH21, 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, September 2007: AED 349,444 (AED 147 per sqft)Sold, June 2023: AED 3,400,000 (AED 1,430 per sqft)

S03/TH21 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH21, 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, June 2017: AED 170,000 a yearRenewal, June 2018: AED 160,000 a yearNew contract, September 2018: AED 145,000 a yearNew contract, September 2020: AED 115,000 a yearRenewal, September 2021: AED 120,750 a yearRenewal, September 2022: AED 126,788 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/TH21 sits

All 191 3-beds →

S03/TH21 last sold in June 2023 at AED 1,430 per sqft, in line with what three-beds in The Springs 2 were fetching at the time (AED 1,414). S03/TH21's AED 126,788 is at the bottom 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/TH21, The Springs 2 in numbers

  • Sold twice: first on 11 September 2007 for AED 349,444, last on 8 June 2023 for AED 3,400,000 (AED 1,430 per sqft).
  • Rented since June 2017 on 6 Ejari contracts. The rent fell from AED 170,000 to AED 115,000 in 2020 and recovered to AED 126,788 by September 2022.
  • At AED 126,788 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 5,100 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 8 June 2023.

Questions about S03/TH21, The Springs 2

What did villa S03/TH21 last sell for?

AED 3,400,000 on 8 June 2023: AED 1,430 per sqft for 2,377 sqft. The villa has 2 registered sales; the first was AED 349,444 in September 2007.

What is the rent for villa S03/TH21?

AED 126,788 a year on the contract renewed on 5 September 2022. The previous contract, from September 2021, was AED 120,750; the villa has been rented since June 2017.

How big is villa S03/TH21?

2,377 sqft (220.8 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S03/TH21 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/TH21, The Springs 2

Starts from the last sale price (AED 3.4M, 8 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

Plus AED 147,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →