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2-bed · 1,698 sqftThe Springs 2, The Springs · completed 2005

S05/TH31, The Springs 2

Sold prices and rental history: sold 3 times, last in June 2023, and rented once, from March 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S05/TH31 · DLD and Ejari recordsUpdated 20 June 2023
Last soldAED 2.53M20 June 2023
Current rentAED 99K /yr1 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S05/TH31, The Springs 2

What is S05/TH31 worth today?

Last sold for AED 2,525,000 in 2023

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20 Jun 2023SoldReady
AED 2,525,000AED 1,486 per sqft
7 Apr 2022SoldReady
AED 1,800,000AED 1,059 per sqft
1 Mar 2022RentedRenewal
AED 99,000/yr12 months · AED 58 per sqft
6 Sep 2007Sold by developerReady
AED 555,888AED 327 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 June 2023.

Key facts

Type
2-bed villa
Size
1,698 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,600 /yr
Last sold
AED 2.53M · June 2023
Community
The Springs 2

About S05/TH31, The Springs 2

S05/TH31 is a two-bedroom villa of 1,698 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 20 June 2023 for AED 2,525,000, or AED 1,486 per sqft, 21% above the AED 1,226 two-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 March 2022. The current contract, renewed on 1 March 2022, is AED 99,000 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 3,600 a year.

Sales and rents for S05/TH31 over time

Sales
Villa S05/TH31, 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, September 2007: AED 555,888 (AED 327 per sqft)Sold, April 2022: AED 1,800,000 (AED 1,059 per sqft)Sold, June 2023: AED 2,525,000 (AED 1,486 per sqft)

S05/TH31 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S05/TH31, 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 160,000Renewal, March 2022: AED 99,000 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/TH31 sits

All 280 2-beds →

S05/TH31 last sold in June 2023 at AED 1,486 per sqft, 21% above what two-beds in The Springs 2 were fetching at the time (AED 1,226). 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/TH31's AED 99,000 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 →

S05/TH31, The Springs 2 in numbers

  • Sold 3 times: first on 6 September 2007 for AED 555,888, last on 20 June 2023 for AED 2,525,000 (AED 1,486 per sqft).
  • Rented since March 2022 on one Ejari contract, at AED 99,000 a year.
  • At AED 99,000 a year the gross yield on the 2023 price is 3.9%, 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 20 June 2023.

Questions about S05/TH31, The Springs 2

What did villa S05/TH31 last sell for?

AED 2,525,000 on 20 June 2023: AED 1,486 per sqft for 1,698 sqft. The villa has 3 registered sales; the first was AED 555,888 in September 2007.

What is the rent for villa S05/TH31?

AED 99,000 a year on the contract renewed on 1 March 2022.

How big is villa S05/TH31?

1,698 sqft (157.7 sqm): a two-bedroom villa in The Springs 2, completed in 2005.

What is villa S05/TH31 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/TH31, The Springs 2

Starts from the last sale price (AED 2.53M, 20 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,525,000
Deposit, UAE resident (20%)
AED 505,000
Deposit, non-resident (40%)
AED 1,010,000
Monthly over 25 years at 3.7%
AED 10,331

Plus AED 111,060 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →