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

S06/TH03, The Springs 2

Sold prices and rental history: sold twice, last in February 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH03 · DLD and Ejari recordsUpdated 1 January 2023
Last soldAED 1.45M3 February 2021
Current rentAED 4K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH03, The Springs 2

What is S06/TH03 worth today?

Last sold for AED 1,450,000 in 2021

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1 Jan 2023RentedNew contract · flagged as an outlier
AED 4,000/yr12 months · AED 2 per sqft
3 Feb 2021SoldReady
AED 1,450,000AED 853 per sqft
1 Jun 2018RentedRenewal
AED 115,000/yr12 months · AED 68 per sqft
1 Jun 2017RentedNew contract
AED 115,000/yr12 months · AED 68 per sqft
27 Aug 2016RentedRenewal
AED 135,000/yr12 months · AED 79 per sqft
27 Aug 2015RentedRenewal
AED 135,000/yr12 months · AED 79 per sqft
27 Aug 2013RentedNew contract
AED 115,000/yr12 months · AED 68 per sqft
20 Jul 2010Sold by developerReady
AED 555,888AED 327 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2023.

Key facts

Type
2-bed villa
Size
1,698 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,600 /yr
Last sold
AED 1.45M · February 2021
Community
The Springs 2

About S06/TH03, The Springs 2

S06/TH03 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 3 February 2021 for AED 1,450,000, or AED 853 per sqft, in line with the AED 852 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 January 2023, is AED 4,000 a year: a gross yield of 0.3% on the 2021 price, before the service charge of about AED 3,600 a year.

Sales and rents for S06/TH03 over time

Sales
Villa S06/TH03, 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, July 2010: AED 555,888 (AED 327 per sqft)Sold, February 2021: AED 1,450,000 (AED 853 per sqft)

S06/TH03 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S06/TH03, 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 2013: AED 115,000 a yearRenewal, August 2015: AED 135,000 a yearRenewal, August 2016: AED 135,000 a yearNew contract, June 2017: AED 115,000 a yearRenewal, June 2018: AED 115,000 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 S06/TH03 sits

All 280 2-beds →

S06/TH03 last sold in February 2021 at AED 853 per sqft, in line with what two-beds in The Springs 2 were fetching at the time (AED 852). 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. S06/TH03's AED 4,000 is at the bottom 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 →

S06/TH03, The Springs 2 in numbers

  • Sold twice: first on 20 July 2010 for AED 555,888, last on 3 February 2021 for AED 1,450,000 (AED 853 per sqft).
  • Rented since August 2013 on 6 Ejari contracts, from AED 115,000 to AED 4,000 a year.
  • At AED 4,000 a year the gross yield on the 2021 price is 0.3%, 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 1 January 2023.

Questions about S06/TH03, The Springs 2

What did villa S06/TH03 last sell for?

AED 1,450,000 on 3 February 2021: AED 853 per sqft for 1,698 sqft. The villa has 2 registered sales; the first was AED 555,888 in July 2010.

What is the rent for villa S06/TH03?

AED 4,000 a year on the contract signed on 1 January 2023. The previous contract, from June 2018, was AED 115,000; the villa has been rented since August 2013.

How big is villa S06/TH03?

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

What is villa S06/TH03 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 S06/TH03, The Springs 2

Starts from the last sale price (AED 1.45M, 3 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

Plus AED 65,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →