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3-bed · 2,379 sqftThe Springs 2, The Springs · completed 2005

S03/TH29, The Springs 2

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH29 · DLD and Ejari recordsUpdated 9 May 2023
Last soldAED 3.21M9 May 2023
Current rentAED 126K /yr25 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH29, The Springs 2

What is S03/TH29 worth today?

Last sold for AED 3,210,000 in 2023

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9 May 2023SoldReady
AED 3,210,000AED 1,349 per sqft
25 Jan 2023RentedNew contract
AED 126,098/yr12 months · AED 53 per sqft
25 Jan 2023RentedRenewal
AED 126,098/yr12 months · AED 53 per sqft
25 Jan 2022RentedRenewal
AED 117,300/yr12 months · AED 49 per sqft
25 Jan 2021RentedRenewal
AED 102,000/yr12 months · AED 43 per sqft
25 Jan 2020RentedNew contract
AED 102,000/yr12 months · AED 43 per sqft
15 Jun 2017RentedRenewal
AED 164,450/yr12 months · AED 69 per sqft
15 Jun 2016RentedRenewal
AED 164,450/yr12 months · AED 69 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 May 2023.

Key facts

Type
3-bed villa
Size
2,379 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,100 /yr
Last sold
AED 3.21M · May 2023
Community
The Springs 2

About S03/TH29, The Springs 2

S03/TH29 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 9 May 2023 for AED 3,210,000, or AED 1,349 per sqft, in line with the AED 1,349 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 25 January 2023, is AED 126,098 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 5,100 a year.

Sales and rents for S03/TH29 over time

Sales
Villa S03/TH29, 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, March 2008: AED 1,239,000 (AED 520 per sqft)Sold, March 2008: AED 2,275,000 (AED 956 per sqft)Sold, May 2023: AED 3,210,000 (AED 1,349 per sqft)

S03/TH29 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH29, 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 2013: AED 130,000 a yearRenewal, June 2014: AED 164,450 a yearRenewal, June 2015: AED 164,450 a yearRenewal, June 2016: AED 164,450 a yearRenewal, June 2017: AED 164,450 a yearNew contract, January 2020: AED 102,000 a yearRenewal, January 2021: AED 102,000 a yearRenewal, January 2022: AED 117,300 a yearNew contract, January 2023: AED 126,098 a yearRenewal, January 2023: AED 126,098 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/TH29 sits

All 191 3-beds →

S03/TH29 last sold in May 2023 at AED 1,349 per sqft, in line with what three-beds in The Springs 2 were fetching at the time (AED 1,349). S03/TH29's AED 126,098 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/TH29, The Springs 2 in numbers

  • Sold 3 times: first on 17 March 2008 for AED 2,275,000, last on 9 May 2023 for AED 3,210,000 (AED 1,349 per sqft).
  • Rented since June 2013 on 10 Ejari contracts. The rent fell from AED 130,000 to AED 102,000 in 2021 and recovered to AED 126,098 by January 2023.
  • At AED 126,098 a year the gross yield on the 2023 price is 3.9%, 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 9 May 2023.

Questions about S03/TH29, The Springs 2

What did villa S03/TH29 last sell for?

AED 3,210,000 on 9 May 2023: AED 1,349 per sqft for 2,379 sqft. The villa has 3 registered sales; the first was AED 2,275,000 in March 2008.

What is the rent for villa S03/TH29?

AED 126,098 a year on the contract signed on 25 January 2023. The previous contract, from January 2023, was AED 126,098; the villa has been rented since June 2013.

How big is villa S03/TH29?

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

What is villa S03/TH29 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/TH29, The Springs 2

Starts from the last sale price (AED 3.21M, 9 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,210,000
Deposit, UAE resident (20%)
AED 642,000
Deposit, non-resident (40%)
AED 1,284,000
Monthly over 25 years at 3.7%
AED 13,133

Plus AED 139,830 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →