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2-bed · 2,561 sqftThe Springs 2, The Springs · completed 2005

S05/TH15, The Springs 2

Sold prices and rental history: sold twice, last in August 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S05/TH15 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 3.98M26 August 2014
Current rentAED 300K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S05/TH15, The Springs 2

What is S05/TH15 worth today?

Last sold for AED 3,983,510 in 2014

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1 Jun 2024RentedNew contract
AED 300,000/yr24 months · AED 117 per sqft
1 Jul 2023RentedNew contract
AED 295,000/yr12 months · AED 115 per sqft
14 Nov 2022RentedNew contract
AED 149,016/yr6 months · AED 58 per sqft
14 Nov 2021RentedRenewal
AED 150,000/yr12 months · AED 59 per sqft
14 Nov 2020RentedNew contract
AED 150,000/yr12 months · AED 59 per sqft
5 Feb 2020RentedNew contract
AED 155,000/yr12 months · AED 61 per sqft
1 Feb 2018RentedNew contract
AED 190,000/yr36 months · AED 74 per sqft
26 Aug 2014SoldReady
AED 3,983,510AED 1,555 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2024.

Key facts

Type
2-bed villa
Size
2,561 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,500 /yr
Last sold
AED 3.98M · August 2014
Community
The Springs 2

About S05/TH15, The Springs 2

S05/TH15 is a two-bedroom villa of 2,561 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 26 August 2014 for AED 3,983,510, or AED 1,555 per sqft, 22% above the AED 1,278 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 1 June 2024, is AED 300,000 a year: a gross yield of 7.5% on the 2014 price, before the service charge of about AED 5,500 a year.

Sales and rents for S05/TH15 over time

Sales
Villa S05/TH15, each saleTypical two-bed in The Springs 2
02M4M2007201220172022Typical 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, July 2007: AED 455,444 (AED 177 per sqft)Sold, August 2014: AED 3,983,510 (AED 1,555 per sqft)

S05/TH15 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S05/TH15, each contractTypical two-bed in The Springs 2
100K200K300K20112015201920232027Typical 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 2012: AED 200,000 a yearNew contract, October 2013: AED 200,000 a yearNew contract, February 2018: AED 190,000 a yearNew contract, February 2020: AED 155,000 a yearNew contract, November 2020: AED 150,000 a yearRenewal, November 2021: AED 150,000 a yearNew contract, November 2022: AED 149,016 a yearNew contract, July 2023: AED 295,000 a yearNew contract, June 2024: AED 300,000 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 S05/TH15 sits

All 280 2-beds →

S05/TH15 last sold in August 2014 at AED 1,555 per sqft, 22% above what two-beds in The Springs 2 were fetching at the time (AED 1,278). 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. S05/TH15's AED 300,000 is at the top 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 →

S05/TH15, The Springs 2 in numbers

  • Sold twice: first on 30 July 2007 for AED 455,444, last on 26 August 2014 for AED 3,983,510 (AED 1,555 per sqft).
  • Rented since October 2012 on 9 Ejari contracts. The rent fell from AED 200,000 to AED 149,016 in 2022 and recovered to AED 300,000 by June 2024.
  • At AED 300,000 a year the gross yield on the 2014 price is 7.5%, before a service charge of about AED 5,500 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 1 June 2024.

Questions about S05/TH15, The Springs 2

What did villa S05/TH15 last sell for?

AED 3,983,510 on 26 August 2014: AED 1,555 per sqft for 2,561 sqft. The villa has 2 registered sales; the first was AED 455,444 in July 2007.

What is the rent for villa S05/TH15?

AED 300,000 a year on the contract signed on 1 June 2024. The previous contract, from July 2023, was AED 295,000; the villa has been rented since October 2012.

How big is villa S05/TH15?

2,561 sqft (237.9 sqm): a two-bedroom villa in The Springs 2, completed in 2005.

What is villa S05/TH15 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 S05/TH15, The Springs 2

Starts from the last sale price (AED 3.98M, 26 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,983,510
Deposit, UAE resident (20%)
AED 796,702
Deposit, non-resident (40%)
AED 1,593,404
Monthly over 25 years at 3.7%
AED 16,298

Plus AED 172,317 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →