Home
Dubai prices
About
Research
3-bed · 2,379 sqftThe Springs 2, The Springs · completed 2005

S03/TH23, The Springs 2

Sold prices and rental history: sold 4 times, last in November 2021, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH23 · DLD and Ejari recordsUpdated 15 November 2021
Last soldAED 2.8M15 November 2021
Current rentAED 135K /yr16 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH23, The Springs 2

What is S03/TH23 worth today?

Last sold for AED 2,800,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Nov 2021SoldReady
AED 2,800,000AED 1,177 per sqft
16 Sep 2020RentedNew contract
AED 135,000/yr12 months · AED 57 per sqft
19 Apr 2015SoldReady
AED 2,775,000AED 1,166 per sqft
29 Jan 2014RentedNew contract
AED 160,000/yr12 months · AED 67 per sqft
29 Jan 2013RentedNew contract
AED 160,000/yr12 months · AED 67 per sqft
29 Oct 2012SoldReady
AED 2,000,000AED 840 per sqft
2 Feb 2009Sold by developerReady
AED 698,888AED 293 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2021.

Key facts

Type
3-bed villa
Size
2,379 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,100 /yr
Last sold
AED 2.8M · November 2021
Community
The Springs 2

About S03/TH23, The Springs 2

S03/TH23 is a three-bedroom villa of 2,379 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 15 November 2021 for AED 2,800,000, or AED 1,177 per sqft, 7% above the AED 1,101 three-beds in the community were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 16 September 2020, is AED 135,000 a year: a gross yield of 4.8% on the 2021 price, before the service charge of about AED 5,100 a year.

Sales and rents for S03/TH23 over time

Sales
Villa S03/TH23, 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, February 2009: AED 698,888 (AED 293 per sqft)Sold, October 2012: AED 2,000,000 (AED 840 per sqft)Sold, April 2015: AED 2,775,000 (AED 1,166 per sqft)Sold, November 2021: AED 2,800,000 (AED 1,177 per sqft)

S03/TH23 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH23, 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, January 2013: AED 160,000 a yearNew contract, January 2014: AED 160,000 a yearNew contract, September 2020: AED 135,000 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/TH23 sits

All 191 3-beds →

S03/TH23 last sold in November 2021 at AED 1,177 per sqft, 7% above what three-beds in The Springs 2 were fetching at the time (AED 1,101). S03/TH23's AED 135,000 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/TH23, The Springs 2 in numbers

  • Sold 4 times: first on 2 February 2009 for AED 698,888, last on 15 November 2021 for AED 2,800,000 (AED 1,177 per sqft).
  • Rented since January 2013 on 3 Ejari contracts, from AED 160,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2021 price is 4.8%, 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 15 November 2021.

Questions about S03/TH23, The Springs 2

What did villa S03/TH23 last sell for?

AED 2,800,000 on 15 November 2021: AED 1,177 per sqft for 2,379 sqft. The villa has 4 registered sales; the first was AED 698,888 in February 2009.

What is the rent for villa S03/TH23?

AED 135,000 a year on the contract signed on 16 September 2020. The previous contract, from January 2014, was AED 160,000; the villa has been rented since January 2013.

How big is villa S03/TH23?

2,379 sqft (221.0 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S03/TH23 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling S03/TH23? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on S03/TH23, The Springs 2

Starts from the last sale price (AED 2.8M, 15 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

Plus AED 122,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →