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3-bed · 2,365 sqftThe Springs 2, The Springs · completed 2005

S03/TH22, The Springs 2

Sold prices and rental history: sold twice, last in May 2008, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH22 · DLD and Ejari recordsUpdated 1 April 2018
Last soldAED 699K14 May 2008
Current rentAED 140K /yr1 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH22, The Springs 2

What is S03/TH22 worth today?

Last sold for AED 698,888 in 2008

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1 Apr 2018RentedNew contract
AED 140,000/yr12 months · AED 59 per sqft
25 Apr 2016RentedNew contract
AED 190,000/yr12 months · AED 80 per sqft
14 May 2008Sold by developerReady
AED 698,888AED 295 per sqft
14 May 2008SoldReady
AED 3,141,500AED 1,328 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2018.

Key facts

Type
3-bed villa
Size
2,365 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 699K · May 2008
Community
The Springs 2

About S03/TH22, The Springs 2

S03/TH22 is a three-bedroom villa of 2,365 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 14 May 2008 for AED 698,888, or AED 295 per sqft, 5% below the AED 310 three-beds in the community were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 1 April 2018, is AED 140,000 a year: a gross yield of 20.0% on the 2008 price, before the service charge of about AED 5,000 a year.

Sales and rents for S03/TH22 over time

Sales
Villa S03/TH22, 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, May 2008: AED 698,888 (AED 295 per sqft)Sold, May 2008: AED 3,141,500 (AED 1,328 per sqft)

S03/TH22 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH22, each contractTypical three-bed in The Springs 2
200K20112015201920232027Typical 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, April 2016: AED 190,000 a yearNew contract, April 2018: AED 140,000 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/TH22 sits

All 191 3-beds →

S03/TH22 last sold in May 2008 at AED 295 per sqft, 5% below what three-beds in The Springs 2 were fetching at the time (AED 310). S03/TH22's AED 140,000 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/TH22, The Springs 2 in numbers

  • Sold twice: first on 14 May 2008 for AED 3,141,500, last on 14 May 2008 for AED 698,888 (AED 295 per sqft).
  • Rented since April 2016 on 2 Ejari contracts, from AED 190,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2008 price is 20.0%, before a service charge of about AED 5,000 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2018.

Questions about S03/TH22, The Springs 2

What did villa S03/TH22 last sell for?

AED 698,888 on 14 May 2008, sold by the developer: AED 295 per sqft for 2,365 sqft. The villa has 2 registered sales; the first was AED 3,141,500 in May 2008.

What is the rent for villa S03/TH22?

AED 140,000 a year on the contract signed on 1 April 2018. The previous contract, from April 2016, was AED 190,000.

How big is villa S03/TH22?

2,365 sqft (219.7 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S03/TH22 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/TH22, The Springs 2

Starts from the last sale price (AED 699K, 14 May 2008). Switch to today's estimate once you have unlocked it.
Price
AED 698,888
Deposit, UAE resident (20%)
AED 139,778
Deposit, non-resident (40%)
AED 279,555
Monthly over 25 years at 3.7%
AED 2,859

Plus AED 34,364 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →