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2-bed · 1,694 sqftThe Springs 2, The Springs · completed 2005

S04/TH20, The Springs 2

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH20 · DLD and Ejari recordsUpdated 9 August 2024
Last soldAED 3M9 August 2024
Current rentAED 86K /yr17 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH20, The Springs 2

What is S04/TH20 worth today?

Last sold for AED 3,000,000 in 2024

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9 Aug 2024SoldReady
AED 3,000,000AED 1,770 per sqft
17 Oct 2023RentedRenewal
AED 86,250/yr12 months · AED 51 per sqft
17 Oct 2022RentedRenewal
AED 75,000/yr12 months · AED 44 per sqft
17 Oct 2021RentedRenewal
AED 70,000/yr12 months · AED 41 per sqft
30 Dec 2015Sold by developerReady
AED 555,888AED 328 per sqft
1 Oct 2013RentedNew contract
AED 110,000/yr12 months · AED 65 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 August 2024.

Key facts

Type
2-bed villa
Size
1,694 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,600 /yr
Last sold
AED 3M · August 2024
Community
The Springs 2

About S04/TH20, The Springs 2

S04/TH20 is a two-bedroom villa of 1,694 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 9 August 2024 for AED 3,000,000, or AED 1,770 per sqft, 18% above the AED 1,495 two-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 17 October 2023, is AED 86,250 a year: a gross yield of 2.9% on the 2024 price, before the service charge of about AED 3,600 a year.

Sales and rents for S04/TH20 over time

Sales
Villa S04/TH20, each saleTypical two-bed in The Springs 2
2M4M2007201220172022Typical sale price by year: 2007 AED 602,694; 2008 AED 907,000; 2009 AED 1,200,000; 2010 AED 1,067,944; 2011 AED 1,180,000; 2012 AED 1,400,000; 2013 AED 2,000,000; 2014 AED 2,207,500; 2015 AED 1,925,000; 2016 AED 1,883,000; 2017 AED 2,175,000; 2018 AED 1,750,000; 2019 AED 1,535,000; 2020 AED 1,403,100; 2021 AED 1,905,000; 2022 AED 1,965,000; 2023 AED 2,350,000; 2024 AED 3,000,000; 2025 AED 3,500,000Sold by developer, December 2015: AED 555,888 (AED 328 per sqft)Sold, August 2024: AED 3,000,000 (AED 1,770 per sqft)

S04/TH20 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S04/TH20, each contractTypical two-bed in The Springs 2
100K150K20112015201920232027Typical rent by year: 2011 AED 95,000; 2012 AED 100,000; 2013 AED 117,000; 2014 AED 130,000; 2015 AED 140,000; 2016 AED 140,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 105,000; 2020 AED 90,000; 2021 AED 95,000; 2022 AED 110,000; 2023 AED 125,000; 2024 AED 155,000; 2025 AED 165,000; 2026 AED 160,000New contract, October 2013: AED 110,000 a yearRenewal, October 2021: AED 70,000 a yearRenewal, October 2022: AED 75,000 a yearRenewal, October 2023: AED 86,250 a year

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

2-beds in The Springs 2, and where S04/TH20 sits

All 280 2-beds →

S04/TH20 last sold in August 2024 at AED 1,770 per sqft, 18% above what two-beds in The Springs 2 were fetching at the time (AED 1,495). Over the last 12 months two-beds sold for AED 3,275,000 to 3,750,000, around AED 2,005 per sqft, and rent for AED 50,000 to 270,000 a year. S04/TH20's AED 86,250 is in the lower half of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
10 Feb 20263,275,000
22 Dec 20253,750,000
10 Nov 20253,300,000
7 Nov 20253,300,000
2 2-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/TH20, The Springs 2 in numbers

  • Sold twice: first on 30 December 2015 for AED 555,888, last on 9 August 2024 for AED 3,000,000 (AED 1,770 per sqft).
  • Rented since October 2013 on 4 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2021 and recovered to AED 86,250 by October 2023.
  • At AED 86,250 a year the gross yield on the 2024 price is 2.9%, before a service charge of about AED 3,600 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 2 sold for AED 3,275,000–3,750,000 in the 12 months to November 2026; the community's median across all types is AED 2,005 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 9 August 2024.

Questions about S04/TH20, The Springs 2

What did villa S04/TH20 last sell for?

AED 3,000,000 on 9 August 2024: AED 1,770 per sqft for 1,694 sqft. The villa has 2 registered sales; the first was AED 555,888 in December 2015.

What is the rent for villa S04/TH20?

AED 86,250 a year on the contract renewed on 17 October 2023. The previous contract, from October 2022, was AED 75,000; the villa has been rented since October 2013.

How big is villa S04/TH20?

1,694 sqft (157.4 sqm): a two-bedroom villa in The Springs 2, completed in 2005.

What is villa S04/TH20 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Springs 2 sold for AED 3,275,000 to 3,750,000 in the last 12 months, around AED 2,005 per sqft.

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Mortgage on S04/TH20, The Springs 2

Starts from the last sale price (AED 3M, 9 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →