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4-bed · 2,982 sqftThe Springs 2, The Springs · completed 2005

S04/TH03, The Springs 2

Sold prices and rental history: sold twice, last in February 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH03 · DLD and Ejari recordsUpdated 13 February 2019
Last soldAED 2.55M13 February 2019
Current rentAED 225K /yr7 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH03, The Springs 2

What is S04/TH03 worth today?

Last sold for AED 2,550,000 in 2019

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13 Feb 2019SoldReady
AED 2,550,000AED 855 per sqft
7 Dec 2016RentedRenewal
AED 225,000/yr16 months · AED 75 per sqft
7 Dec 2015RentedRenewal
AED 225,500/yr12 months · AED 76 per sqft
7 Dec 2014RentedNew contract
AED 225,500/yr12 months · AED 76 per sqft
7 Dec 2013RentedNew contract
AED 205,000/yr12 months · AED 69 per sqft
22 Jul 2012Sold by developerReady
AED 1,231,888AED 413 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 February 2019.

Key facts

Type
4-bed villa
Size
2,982 sqft
Developer
Emaar
Completed
2005
Service charge
AED 6,400 /yr
Last sold
AED 2.55M · February 2019
Community
The Springs 2

About S04/TH03, The Springs 2

S04/TH03 is a four-bedroom villa of 2,982 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 13 February 2019 for AED 2,550,000, or AED 855 per sqft, in line with the AED 869 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 7 December 2016, is AED 225,000 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 6,400 a year.

Sales and rents for S04/TH03 over time

Sales
Villa S04/TH03, each saleTypical four-bed in The Springs 2
2M4M2007201220172022Typical sale price by year: 2007 AED 1,300,000; 2008 AED 3,162,000; 2011 AED 1,950,000; 2012 AED 1,353,444; 2023 AED 4,650,000Sold by developer, July 2012: AED 1,231,888 (AED 413 per sqft)Sold, February 2019: AED 2,550,000 (AED 855 per sqft)

S04/TH03 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa S04/TH03, each contractTypical four-bed in The Springs 2
150K200K2012201620202024Typical rent by year: 2012 AED 200,000; 2013 AED 168,114; 2014 AED 216,000; 2015 AED 215,000; 2016 AED 210,000; 2017 AED 198,500; 2018 AED 180,000; 2019 AED 163,400; 2020 AED 157,500; 2021 AED 136,000; 2022 AED 160,000; 2023 AED 181,500; 2024 AED 180,000; 2025 AED 197,549New contract, December 2013: AED 205,000 a yearNew contract, December 2014: AED 225,500 a yearRenewal, December 2015: AED 225,500 a yearRenewal, December 2016: AED 225,000 a year

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

4-beds in The Springs 2, and where S04/TH03 sits

All 13 4-beds →

S04/TH03 last sold in February 2019 at AED 855 per sqft, in line with what four-beds in The Springs 2 were fetching at the time (AED 869).

Recent 4-bed salesVilla no.Price (AED)Summary
23 Jul 20246,300,000
28 Apr 20234,650,000
25 Apr 20234,975,000
12 Apr 20234,300,000
0 4-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 →

S04/TH03, The Springs 2 in numbers

  • Sold twice: first on 22 July 2012 for AED 1,231,888, last on 13 February 2019 for AED 2,550,000 (AED 855 per sqft).
  • Rented since December 2013 on 4 Ejari contracts, from AED 205,000 to AED 225,000 a year.
  • At AED 225,000 a year the gross yield on the 2019 price is 8.8%, before a service charge of about AED 6,400 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 13 February 2019.

Questions about S04/TH03, The Springs 2

What did villa S04/TH03 last sell for?

AED 2,550,000 on 13 February 2019: AED 855 per sqft for 2,982 sqft. The villa has 2 registered sales; the first was AED 1,231,888 in July 2012.

What is the rent for villa S04/TH03?

AED 225,000 a year on the contract renewed on 7 December 2016. The previous contract, from December 2015, was AED 225,500; the villa has been rented since December 2013.

How big is villa S04/TH03?

2,982 sqft (277.0 sqm): a four-bedroom villa in The Springs 2, completed in 2005.

What is villa S04/TH03 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 S04/TH03, The Springs 2

Starts from the last sale price (AED 2.55M, 13 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

Plus AED 112,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →