2-bed · 1,794 sqftThe Springs 2, The Springs · completed 2005

S05/TH34, The Springs 2

Sold prices and rental history: sold once, by the developer in November 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S05/TH34 · DLD and Ejari recordsUpdated 20 September 2023
Last soldAED 586K3 November 2009
Current rentAED 100K /yr20 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S05/TH34, The Springs 2

What is S05/TH34 worth today?

Last sold for AED 585,888 in 2009

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20 Sep 2023RentedNew contract
AED 100,000/yr12 months · AED 56 per sqft
20 Sep 2021RentedRenewal
AED 90,000/yr12 months · AED 50 per sqft
20 Sep 2020RentedRenewal
AED 90,000/yr12 months · AED 50 per sqft
20 Sep 2019RentedNew contract
AED 100,000/yr12 months · AED 56 per sqft
17 Aug 2019RentedNew contract
AED 90,000/yr12 months · AED 50 per sqft
1 Nov 2018RentedNew contract
AED 161,700/yr9 months · AED 90 per sqft
1 Aug 2016RentedRenewal
AED 115,500/yr12 months · AED 64 per sqft
1 Aug 2012RentedNew contract
AED 90,000/yr12 months · AED 50 per sqft

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

Key facts

Type
2-bed villa
Size
1,794 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,800 /yr
Last sold
AED 586K · November 2009
Community
The Springs 2

About S05/TH34, The Springs 2

S05/TH34 is a two-bedroom villa of 1,794 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 3 November 2009 for AED 585,888, or AED 326 per sqft, 46% below the AED 605 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 20 September 2023, is AED 100,000 a year: a gross yield of 17.1% on the 2009 price, before the service charge of about AED 3,800 a year.

Sales and rents for S05/TH34 over time

Sales
Villa S05/TH34, 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, November 2009: AED 585,888 (AED 326 per sqft)

S05/TH34 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S05/TH34, 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, August 2012: AED 90,000 a yearRenewal, August 2016: AED 115,500 a yearNew contract, November 2018: AED 161,700 a yearNew contract, August 2019: AED 90,000 a yearNew contract, September 2019: AED 100,000 a yearRenewal, September 2020: AED 90,000 a yearRenewal, September 2021: AED 90,000 a yearNew contract, September 2023: AED 100,000 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/TH34 sits

All 280 2-beds →

S05/TH34 last sold in November 2009 at AED 326 per sqft, 46% below what two-beds in The Springs 2 were fetching at the time (AED 605). 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/TH34's AED 100,000 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/TH34, The Springs 2 in numbers

  • Sold once: by Emaar on 3 November 2009 for AED 585,888, or AED 326 per sqft.
  • Rented since August 2012 on 8 Ejari contracts, from AED 90,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2009 price is 17.1%, before a service charge of about AED 3,800 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 20 September 2023.

Questions about S05/TH34, The Springs 2

What did villa S05/TH34 last sell for?

AED 585,888 on 3 November 2009, sold by the developer: AED 326 per sqft for 1,794 sqft. It is the only registered sale of the villa.

What is the rent for villa S05/TH34?

AED 100,000 a year on the contract signed on 20 September 2023. The previous contract, from September 2021, was AED 90,000; the villa has been rented since August 2012.

How big is villa S05/TH34?

1,794 sqft (166.7 sqm): a two-bedroom villa in The Springs 2, completed in 2005.

What is villa S05/TH34 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/TH34, The Springs 2

Starts from the last sale price (AED 586K, 3 November 2009). Switch to today's estimate once you have unlocked it.
Price
AED 585,888
Deposit, UAE resident (20%)
AED 117,178
Deposit, non-resident (40%)
AED 234,355
Monthly over 25 years at 3.7%
AED 2,397

Plus AED 29,618 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →