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2-bed · 2,733 sqftThe Springs 2, The Springs · completed 2005

S05/TH16, The Springs 2

Sold prices and rental history: sold once, by the developer in September 2007, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S05/TH16 · DLD and Ejari recordsUpdated 14 December 2024
Last soldAED 514K18 September 2007
Current rentAED 235K /yr14 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S05/TH16, The Springs 2

What is S05/TH16 worth today?

Last sold for AED 513,944 in 2007

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14 Dec 2024RentedRenewal
AED 235,000/yr12 months · AED 86 per sqft
14 Dec 2023RentedRenewal
AED 200,000/yr12 months · AED 73 per sqft
14 Dec 2022RentedNew contract
AED 200,000/yr12 months · AED 73 per sqft
14 Dec 2021RentedRenewal
AED 157,500/yr12 months · AED 58 per sqft
14 Dec 2020RentedRenewal
AED 157,500/yr12 months · AED 58 per sqft
14 Dec 2019RentedRenewal
AED 165,000/yr12 months · AED 60 per sqft
14 Dec 2018RentedNew contract
AED 165,000/yr12 months · AED 60 per sqft
10 Mar 2017RentedRenewal
AED 201,500/yr12 months · AED 74 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 December 2024.

Key facts

Type
2-bed villa
Size
2,733 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,800 /yr
Last sold
AED 514K · September 2007
Community
The Springs 2

About S05/TH16, The Springs 2

S05/TH16 is a two-bedroom villa of 2,733 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 18 September 2007 for AED 513,944, or AED 188 per sqft, 46% below the AED 348 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 14 December 2024, is AED 235,000 a year: a gross yield of 45.7% on the 2007 price, before the service charge of about AED 5,800 a year.

Sales and rents for S05/TH16 over time

Sales
Villa S05/TH16, 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, September 2007: AED 513,944 (AED 188 per sqft)

S05/TH16 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S05/TH16, each contractTypical two-bed in The Springs 2
100K200K20112015201920232027Typical 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, March 2014: AED 190,000 a yearRenewal, March 2015: AED 201,500 a yearRenewal, March 2017: AED 201,500 a yearNew contract, December 2018: AED 165,000 a yearRenewal, December 2019: AED 165,000 a yearRenewal, December 2020: AED 157,500 a yearRenewal, December 2021: AED 157,500 a yearNew contract, December 2022: AED 200,000 a yearRenewal, December 2023: AED 200,000 a yearRenewal, December 2024: AED 235,000 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/TH16 sits

All 280 2-beds →

S05/TH16 last sold in September 2007 at AED 188 per sqft, 46% below what two-beds in The Springs 2 were fetching at the time (AED 348). 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/TH16's AED 235,000 is in the upper 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 →

S05/TH16, The Springs 2 in numbers

  • Sold once: by Emaar on 18 September 2007 for AED 513,944, or AED 188 per sqft.
  • Rented since March 2014 on 10 Ejari contracts. The rent fell from AED 190,000 to AED 157,500 in 2021 and recovered to AED 235,000 by December 2024.
  • At AED 235,000 a year the gross yield on the 2007 price is 45.7%, before a service charge of about AED 5,800 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 14 December 2024.

Questions about S05/TH16, The Springs 2

What did villa S05/TH16 last sell for?

AED 513,944 on 18 September 2007, sold by the developer: AED 188 per sqft for 2,733 sqft. It is the only registered sale of the villa.

What is the rent for villa S05/TH16?

AED 235,000 a year on the contract renewed on 14 December 2024. The previous contract, from December 2023, was AED 200,000; the villa has been rented since March 2014.

How big is villa S05/TH16?

2,733 sqft (253.9 sqm): a two-bedroom villa in The Springs 2, completed in 2005.

What is villa S05/TH16 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/TH16, The Springs 2

Starts from the last sale price (AED 514K, 18 September 2007). Switch to today's estimate once you have unlocked it.
Price
AED 513,944
Deposit, UAE resident (20%)
AED 102,789
Deposit, non-resident (40%)
AED 205,578
Monthly over 25 years at 3.7%
AED 2,103

Plus AED 26,596 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →